Travel insurance insights
Finder’s insurance expert Danny Butler gives his advice:
Once lockdown began in the UK, we all believed that we would lose our great British summer, full of trips across the world for a well-needed holiday. However, as the pandemic has become more under control in many parts of the world, the idea of going on holiday is no longer such an uncertain topic.
As more and more countries start to open up their borders for visitors, we’ve done some research to see if the British public are still keen on taking that holiday abroad and whether any countries are going to be avoided due to the health risks.
It’s clear that not everyone is set on travelling abroad in a post-corona environment, with just under 19 million Brits (36%) not planning on travelling this year, and with a further 3 million (6%) never travelling again. Of the 52% of Brits that are planning on travelling, 16% will wait till 2021 and 18% will wait a further 6 months to travel in the second half the year. This is followed by 10% who waiting until a treatment becomes readily available to combat the virus.
It is apparent that not everyone is set on going on holiday in the current state of things. We can only see if changes in government guidelines over the coming months would lead to a change of opinion, as currently, 62% of those planning on travelling will only travel to corridor destinations that do not require them to self-isolate upon their return.
|Do you think you will travel abroad at any point over the next year?||Percentage|
|I've already been abroad||1.05%|
Of course, the pandemic is not over yet, and in some countries across the world, COVID-19 is still prevalent. In addition to this, the UK has imposed self-isolation rules for travellers returning from certain countries, which just 38% of people are happy to do. This has led to many Brits avoiding certain destinations to avoid the risk of catching something more than a tan and to avoid having to stay holed up upon their return.
Out of the 36 million Brits planning on travelling over the coming year, almost half will avoid Asia (44%), South America (43%) and Africa (43%). A smaller percentage will avoid Europe, with 22% avoiding a trip to Eastern Europe, 16% refraining from booking a trip to Western Europe and 13% staying clear of Northern Europe. From this, it is clear to see that normally popular tourist destinations are being avoided.
Another area to examine is how the different generations feel about travelling abroad. Only 23% of gen Z and 25% of millennials won’t be travelling over the next 12 months, as opposed to 57% of the silent generation. 36% of the silent generation have also decided to never travel internationally again.
|Generation||Percentage not travelling over the next 12 months|
|Generation Z (born after 1996)||23.31%|
|Millennials (born 1981-1996)||25.22%|
|Generation X (born 1965-1980)||40.84%|
|Baby boomers (born 1946-1964)||41.90%|
|Silent generation (born 1928-1945)||57.14%|
A further aspect to evaluate is the regional differences. Only 27% of Londoners won’t travel over the next 12 months, as opposed to 44% of South Westerners. This is quite surprising, seeing as London was one of the worst-hit regions for COVID-19 cases.
|Region||Percentage not travelling over the next 12 months|
|East of England||37.91%|
|Yorkshire and the Humber||37.03%|
Finder’s insurance expert Danny Butler gives his advice:
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