Do I Need Travel Insurance?

Leading up to the holidays, an astounding number of Americans are preparing to travel to visit family around the world. While most people know it’s best to book early, many are still unsure of what to do about travel insurance. Do you need it? Short answer: it depends. Long answer: here are five reasons we think travel insurance is always a good idea.

1. Accidents Happen

Many people find themselves thinking that they have never had anything happen on a trip before, so investing in travel insurance now would just be a waste of money. It’s important to remember, that just because nothing unexpected has happened yet, does not mean nothing ever will. Life happens, and sometimes you have to cancel a trip at the last minute. There is no sense in wasting thousands of dollars on something you never even to get experience when you can fiscally protect yourself for so little.

2. People Lose Things

Most everyone has experienced the inconvenience of misplacing your keys, imagine if you were in another country and instead of misplacing your keys, you misplace your passport. That’s a real nightmare, and it’s something a travel insurance policy can help you with. If you do lose your passport, and your travel insurance policy offers coverage for lost passports, you’ll get financial help expediting a replacement and getting everything you need in place.

3. Medical Services

Being sick is never fun, but it can be truly horrific if you find yourself seriously ill away from home. Some travel insurance policies offer medical coverage, which means you’ll be able to get the help you need without worrying about draining your savings. Medical coverage usually doesn’t mean free, but it can limit your bill to out-of-pocket costs.

4. Luggage

Few things can ruin a vacation more quickly than lost luggage. With travel insurance, you can rest easy if you have to replace that brand new bathing suit you bought specifically for this trip. Losing your luggage can be a pain, but it doesn’t have to ruin your vacation if you take the time to invest in a travel insurance policy that’s right for you.

5. Evacuation

Traveling to different places around the world is exciting, but it can also be dangerous. If you find yourself in the midst of an evacuation due to a natural disaster or political unrest, it can be incredibly expensive to get back home. A proper travel insurance policy will help you cover the costs of getting out of harm’s way.

Yes, most people have gotten away with traveling without travel insurance a couple of times in their life, but they are also pushing their luck. It literally pays to protect yourself from events out of your control, especially when you’re dealing with something rather expensive, like travel.

As with all insurance decisions, always take the time to consult with an insurance professional before signing anything. The staff at TGS Insurance are always happy to help with all of your insurance needs.