How to Estimate Your Travel Insurance Cost
Enter your trip length, destination zone, age, and desired coverage level to get an estimated premium range. Use this as a budgeting tool before shopping for an actual policy. Travel insurance typically costs 4–10% of total trip cost for a standard plan.
What Drives the Cost Up
Destination: The US has the highest medical costs in the world, making coverage to or within the US more expensive. Europe and Asia are significantly cheaper to insure. Age: Premiums typically double for travelers over 60 and triple for those over 70. Some insurers require a medical questionnaire for travelers above certain ages. Coverage level: Comprehensive plans that include trip cancellation, interruption, and baggage loss can cost 2–3x more than basic plans.
Is It Worth Buying?
Emergency medical evacuation alone can cost $50,000–$250,000 without insurance. A standard 7-day international medical plan typically costs $20–$60. The math strongly favors coverage. Trip cancellation coverage is most valuable when you have non-refundable bookings like flights and hotels.
Frequently Asked Questions
Some premium credit cards include travel insurance, but coverage limits are usually lower and often require you to book the trip with that card. Read the terms carefully and supplement with a standalone policy if the limits are insufficient for your destination.
You can buy up to the day before departure, but some benefits like pre-existing condition waivers and "cancel for any reason" coverage require purchasing within 14–21 days of your initial trip deposit. Buy early to maximize your coverage options.