Luis Pazos 
Travel can be one of life’s greatest joys, but it can quickly turn into a headache if things go wrong. That’s where travel insurance shines. For a reasonable extra cost, adding a travel insurance plan to your trip can give you peace of mind. Here are the seven best travel insurance options for 2024.
Our Picks for Best Travel Insurance
There are many companies out there, but these are our top picks for the best travel insurance in 2024:
- Squaremouth: Best All-Around
- Seven Corners: Best for Foreign Travelers
- Generali Global: Best for Free Trial
- Berkshire Hathaway: Best for Quick Claim Payments
- AXA Travel Insurance: Best for Travel Assistance
- Travelex: Best for Medical Coverage
- Nationwide: Best for Diversified Financial Services
Company Reviews
Squaremouth
Coverage Options: Trip cancellation, delay, emergency medical, evacuation, trip cost protection, and more.
Cancellation Policy: Covers trip cancellation for several reasons including medical or employment issues.
Cost: $168
Why It’s Great: Their search engine lets you compare quotes from all major providers in the U.S., offering single-trip, annual policies, cruise, group, and adventure travel insurance.
Seven Corners
Coverage Options: Trip cancellation, interruption, student travel, annual plans, visitor insurance, and more.
Cancellation Policy: Covers trip cancellation and interruption.
Cost: $410
Why It’s Great: Known for covering foreign travelers, they offer medical coverage for international and U.S. travel, including emergency medical transportation.
Generali Global
Coverage Options: Medical and dental, baggage, and sporting equipment.
Cancellation Policy: Trip cancellation and interruption.
Cost: $216
Why It’s Great: They offer a 10-day free look period to review the policy and provide a full refund if canceled within that timeframe. There are three plans tailored for different travel needs.
Berkshire Hathaway
Coverage Options: Medical expenses and evacuation, missed connections, luggage, accidental death.
Cancellation Policy: Covers trip cancellation, interruption, and delays.
Cost: $250
Why It’s Great: Part of Warren Buffett’s Berkshire Hathaway, this provider has an A++ rating from A.M. Best and offers three plans with extensive 24/7 travel assistance.
AXA Travel Insurance
Coverage Options: Accident and sickness expenses.
Cancellation Policy: Trip cancellation, interruption, and delay, plus “cancel for any reason.”
Cost: $284
Why It’s Great: Tops in travel assistance with plans that include support during and after a loss. They offer Silver, Gold, and Platinum plans with varying levels of coverage.
Travelex
Coverage Options: Emergency medical, evacuation, accidental death, baggage, pet medical.
Cancellation Policy: Trip cancellation, interruption, missed connection.
Cost: $306
Why It’s Great: Known for "Primary Coverage," which simplifies claim filing by allowing you to file directly with them, without first going through your primary health insurance.
Nationwide
Coverage Options: Emergency accident and medical, pre-existing condition waiver, baggage, evacuation.
Cancellation Policy: Trip cancellation, interruption, missed connection, and more.
Cost: $202
Why It’s Great: One of America’s largest insurers, offering a wide range of policies beyond travel insurance. Ideal if you already have other insurance policies with them.
Travel Insurance Guide
What Does Travel Insurance Cover?
While coverage can vary, most policies include trip cancellation, trip interruption/delay, emergency medical coverage, medical evacuation, repatriation, extension of coverage, baggage loss, missed connections, accidental death, and rental car damage.
How Much Does Travel Insurance Cost?
Costs usually range from $168 to $410 for two people traveling together, though this can vary based on specific trip details. While some plans might be as low as $59 per person, these typically offer minimal coverage. To find the best deal, compare multiple companies using identical trip criteria.
Travel and COVID
COVID-19 has added new risks to travel. Check specific requirements for your destination. The CDC recommends wearing masks in indoor public transportation areas and mandates a negative test within one day before air travel. Requirements change frequently, so check before your trip.
How We Found the Best Travel Insurance
We judged providers based on coverage options, cancellation policies, and costs. We also considered company popularity and independent ratings. Always do your own research to find the best plan for you.
Summary of the Best Travel Insurance
Here’s a recap of the seven best travel insurance options for 2024:
- Squaremouth: Best All-Around
- Seven Corners: Best for Foreign Travelers
- Generali Global: Best for Free Trial
- Berkshire Hathaway: Best for Quick Claim Payments
- AXA Travel Insurance: Best for Travel Assistance
- Travelex: Best for Medical Coverage
- Nationwide: Best for Diversified Financial Services
Travel insurance might not be mandatory, but it’s usually a smart choice. While travel is mostly fun, it comes with risks, especially internationally. Having a reliable travel insurance plan can make your trip worry-free.
