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The 7 best travel insurance companies of October 2022

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Insider’s specialists choose the best companies and merchandise to help make good decisions alongside together with your money (here’s how). In some situations, we receive a charge from our our partners, nonetheless, our opinions are our private. Terms apply to presents listed on this net web page.

You may know quite rather a lot about travel insurance — or your upcoming journey would be the first time you will have thought-about getting a protection. Either technique, travel insurance has flip into additional very important than ever as a result of the beginning of the coronavirus pandemic, now that testing constructive for COVID-19 can energy you to scrap your plans. It moreover is out there in extraordinarily helpful when you’re going by way of flight delays and cancellations.

An entire insurance plan should cowl your payments for circumstances that may go awry. Here are our picks for the best travel insurance companies of 2022.

Compare the best travel insurance companies

Best normal: Nationwide

Well-rounded numerous: AXA

Best insurance plan for cruises: AIG Travel Guard

Reputable provider: Berkshire Hathaway

Best for vacationers with pre-existing circumstances: Tin Leg

Good for backpackers, study-abroad school college students, and digital nomads: WorldTrips

Best low-cost risk: Trawick

Our methodology

To offer you our file of the best travel insurance companies, we evaluated each insurer based on the following elements:


An excellent travel insurance protection will normally worth between 4% to 8% of total travel expenses, in accordance with the US Travel Insurance Association. Anything previous that worth degree should embrace additional benefits previous the standard inclusions, similar to CFAR protection or upgraded medical safety. Anything beneath that 4% threshold may depart you lacking very important or sufficient safety inside the event of an emergency.

Convenience and suppleness 

Whether you’re an uncommon traveler or a suitcase warrior, a wonderful travel insurance agency should have you ever ever coated — and in heaps of situations, you will not even have to talk to a person to have the ability to purchase your protection. 

Many people suppose of travel insurance in context with specific journeys, nevertheless most of these prime contenders promote every single-trip and multi-trip insurance insurance policies, typically referred to as annual travel insurance. Some companies moreover present plans specifically designed for cruisers, school college students abroad, and enterprise vacationers. Finally, all of these suppliers present a quantity of decisions for getting the actual areas and portions of safety that you just really need. 

Coverage courses and portions

All of the companies on this file present adequate safety in key courses to a minimal of make a big dent in any out-of-pocket travel costs it is potential you may incur abroad, although it is nonetheless as a lot as you to purchase sufficient safety in your specific needs. And whereas some companies won’t present certain add-ons or current extreme class limits, all suppliers cowl the core fundamentals of full travel insurance.

How to pick out the best travel insurance agency for you

There will not be a one-size-fits-all protection that works utterly for every traveler. Young, healthful solo vacationers can go for cheaper plans that present bare-bones safety, whereas households juggling superior itineraries will do best by investing in a powerful protection which will help defray any costs associated to misplaced baggage, delayed transportation or completely different trip-impeding obstacles. 

That being said, you’ll’t go improper with a travel insurance provider that boasts an excellent historic previous and presents a spread of customizable plans. In some situations, it is potential you may be evaluating plans which is perhaps just some {{dollars}}’ distinction apart from each other. In such circumstances, you might want to normally go for the insurance agency that gives stronger buyer assist and has been favorably reviewed by completely different vacationers, considerably in the event that they’ve undertaken comparable journeys to yours. 

An insurance aggregator like InsureMyTrip or Squaremouth is one of the best devices for looking travel insurance insurance insurance policies. Once you enter the specifics of your travel itinerary, you may see a complete bunch of search outcomes to match those who catch your eye. If the alternatives are too overwhelming, use the filters to the left of your search net web page to get rid of as many irrelevant plans as doable. 

More about our winners

AIG Travel Guard

This well-known insurance provider is an efficient match for vacationers who have to make certain that they may get their a refund inside the event of canceled or interrupted travel plans.

While the company’s insurance insurance policies may very well be costly compared with its opponents, the extreme medical and evacuation limits make AIG Travel Guard a powerful choice for older vacationers who value peace of ideas and ease over extraordinarily customizable plans that may to be bolstered with medical upgrades.

Read our full review of AIG.

AXA Travel insurance

AXA travel insurance presents prospects a terrific risk for no-stress travel insurance: low-priced plans, generous safety limits on key courses along with main insurance on misplaced baggage, and as a lot as 150% reimbursement for qualifying journey cancellations.

While add-ons are restricted and rental automotive safety is simply not included by default on cheaper plans, AXA travel insurance is a perfect match for vacationers who don’t plan to drive (or who already keep credit cards with rental car coverage), and don’t need any additional bells and whistles.

Read our full review of AXA Assistance USA travel insurance.

Berkshire Hathaway Trip Protection

The best-case state of affairs for any journey is that your travel insurance can go unused. However, Travel Protection helps vacationers make the best of harmful circumstances by simplifying the tactic of submitting a declare proper right down to a straightforward {photograph} snap and some basic paperwork submitted straight by way of a faithful app.

Approved claims are moreover paid out in a short time, making it less complicated to carry by way of with a go to when baggage has been misplaced or numerous travel plans should be made on the fly.

Nationwide travel insurance

One of an important players inside the travel insurance space presents nearly numerous decisions for any purchaser on the travel spectrum, along with annual plans which could present frequent vacationers the flexibleness to “set it and forget it” on their insurance safety.

Nationwide travel insurance moreover presents some of basically essentially the most moderately priced insurance insurance policies accessible out there compared with comparable plans from opponents, which makes it a terrific select for practically anyone. 

Read our full review of Nationwide travel insurance.

Tin Leg travel insurance

Travel insurance is an efficient match for vacationers with medical factors particularly. Thanks to safety for pre-existing medical circumstances along with for potential COVID-19 an an infection whereas touring, this agency presents some of the best financial funding decisions for vacationers who’re or will in all probability be uncovered to higher effectively being risks and factors.

Read our full review of Tin Leg travel insurance.

Trawick International 

Travel insurance is one different medically sturdy insurance provider which will help higher-risk and anxious vacationers uncover peace of ideas whereas on the road. This agency presents one of basically essentially the most generous medical evacuation insurance insurance policies accessible out there, although vacationers may need to remember in order so as to add on rental automotive safety within the occasion that they need it.

Read our full review of Trawick travel insurance.


Travel insurance moderately priced premiums, extraordinarily customizable add-ons and generous safety for core courses of travel insurance make it a terrific risk for digital nomads, school college students studying abroad and backpackers.

However, vacationers should take into consideration that plans normally usually are not considerably versatile, and safety portions are restricted besides you plan ahead to pay for the areas and portions that you just need.

Honorable level out: The financial institution card in your pockets

Believe it or not, a quantity of financial institution playing cards within the market in the meanwhile current robust travel insurance coverage which will typically rival the plans supplied by our top-pick suppliers.

The Chase Sapphire Reserve® is often thought-about the enterprise chief for full travel insurance, with the The Platinum Card® from American Express coming in an in depth second.

If you aren’t a fan of the sky-high annual expenses on these enjoying playing cards, the Capital One Venture X Rewards Credit Card and the American Express® Gold Card present a powerful numerous for card-provided travel insurance at a mid-tier worth of (*7*)Capital One Venture X Rewards Credit Card or (*7*)American Express® Gold Card per yr, respectively. 

And don’t sleep on the Chase Sapphire Preferred® Card or the Ink Business Preferred® Credit Card: Each card may solely worth Chase Sapphire Preferred® Card per yr, nevertheless consists of hearty safety for travel interruption, cancellations, baggage loss and delays that’s comparable and even superior to many mid-range travel insurance plans. 

The travel insurance provision on each of these financial institution playing cards can yield as a lot as $3,000 per journey for misplaced or damaged baggage; stipends for baggage or travel delays as fast as six hours; anyplace from $2,000 to $10,000 per journey for canceled, nonrefundable travel similar to flights or inns; and first rental automotive safety. 

Frequently requested questions 

What is the best travel insurance agency?

There are many good suppliers on the travel insurance market in the meanwhile. Our normal winner for 2022 was Nationwide for its breadth of safety decisions. AIG Travel Guard, AXA, Berkshire Hathaway, Tin Leg, WorldTrips and Trawick moreover made the scale back.

What should a travel insurance plan cowl?

A comprehensive travel insurance plan should cover your financial expenses for various circumstances that may go awry: 

  • Trip cancellation, interruption and delays
  • Baggage delay and loss;
  • Rental automotive collision and damage safety;
  • Medical and dental emergencies along with unintentional loss of life and dismemberment;
  • 24-hour traveler assist;
  • Emergency evacuation.

Do I would really like travel insurance?

If you’re hesitant about your plans, shopping for an enhance to cancel for any reason (CFAR) coverage or “cancel for work reasons” typically is a good way to buy your self peace of ideas. 

Which worldwide insurance is best?

The best insurance suppliers present strong purchaser assist irrespective of which period zone you’re in. Berkshire Hathaway permits vacationers to file claims shortly and straight by way of a smartphone app for fast processing and charge.

Is it worth it to get travel insurance?

Travel insurance went from being a “nice to have” to a “must have” for lots of vacationers all through and after the COVID-19 pandemic. Many insurance suppliers now present COVID-related safety, which could enormously enhance your peace of ideas in case it’s best to cancel, quarantine or modify your journey.

Which travel insurance is best for the USA?

Depending on the place you go, the travel insurance equipped by your financial institution card may be sufficient for low-risk journeys all through the United States. But in the event you occur to plan to do any actions similar to mountaineering, or have a multi-activity itinerary the place you might lose money in the event you occur to overlook a leg of travel, it might make sense to purchase an unbiased travel insurance plan which will pay for any rebooking or medical payments you might incur.

How do I uncover the acceptable travel insurance?

There will not be a one-size-fits-all decision for every traveler. However, this info may show you how to get a very really feel for some of the best companies within the market in the meanwhile, and can allow you to resolve the best match in your needs among the many many plans and add-ons they supply.

Read the distinctive article on Business Insider

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