Skip to content

Travel Blog, Skycap News!

  • Attractions
  • Destinations
  • Transportation
  • Travel Tips
 
Home » Travel Tips » Should I Buy Vacation Insurance?
  • Facebook
  • Twitter
  • Google+

Should I Buy Vacation Insurance?

Should I Buy Vacation Insurance?

travel tips, travel news, travel insurance

Some people want to know if buying vacation insurance is worth the money. So we thought we’d discuss the benefits of having vacation insurance, so you can decide for yourself if you want to invest in this. Understand that we are not insurance agents or insurance experts. However, the travel tips experts at Skycap News believe in sharing some facts and benefits of vacation insurance that you might want to think about before you go on that next vacation.

Vacation Insurance – What is it?

First, we want to think about the purpose of vacation insurance. What is it?

Vacation insurance is insurance that guarantees that, in the event of a financial loss due to interrupted vacations, sickness that forces you to cancel your reservations, etc., you will be refunded some or all of your money that you invested. Some hotels, beach houses, or other accommodations do not refund you for cancelled reservations if you do it past their cancellation time/date.

How much does it cost?

Vacation insurance typically costs between 4 and 8% of your trip’s total upfront investment. So if you rented a vacation condo for $2000 and paid $1000 of it, it would cost around $80 to insure such a trip. But you would generally receive between $800 and $1000 (all of it) back as a refund. If you did NOT have the insurance, you would lose it all. So you just have to weigh the risk of having to cancel or of some unforeseen event happening with the cost of vacation insurance.

Red Flags to Avoid

Keep in mind these are only general averages and should not be considered “set in stone” regarding how much you will or might get back, or even how much the insurance will cost. The cost of the insurance is dependent upon the type of policy, the company, and your risk factors.

But be aware of those charging exorbitant amounts to cover a smaller trip. In fact, the Huffington Post recommends not investing in any type of traveler’s insurance that sounds too good to be true, costs too much, considering your investment, or other red flags. Read their whole article here: Huffington Post Travel Insurance review.

Tips on Deciding Whether to Insure Your Trip

The Huffington Post recommends only insuring the more expensive trips, those trips that are most likely to involve unexpected cancellations (such as older people with health issues), bad weather climates, etc., or other factors. Look into the companies and policies you are considering investing in for travel insurance, and read the fine print before purchasing.

Vacation Insurance – Final Points to Consider

We truly hope that you won’t have to cancel your vacation at all and that you will be able to enjoy every minute of it. But in the unlikely event that something happens, travel or vacation insurance is there as an extra safety net. All-in-all, if you have a good chance of problems while on vacation, it might pay to invest in vacation insurance. If you do not, it’s probably not worth the upfront expense you will pay in order to insure your trip. So look into it carefully and decide if you think the cost is worth the extra peace-of-mind. Happy travels, sojourners!

travel tips, travel news, travel insurance,

  • Facebook
  • Twitter
  • Google+
In Travel Tips Tagged Should I Buy Vacation Insurance, Tips on Deciding Whether to Insure Your Trip, Vacation Access, Vacation Accrual, Vacation Accrual Calculator, Vacation Agency, Vacation All I Ever Wanted, Vacation All Inclusive, Vacation Alone, Vacation Apartment Rentals, Vacation Apps, Vacation At Virginia Beach, Vacation Beaches, Vacation Bible School, Vacation Bible School 2017, Vacation Bible School Themes, Vacation Booking Sites, Vacation Budget, Vacation Bundles, Vacation By Owner, Vacation By The Mouse, Vacation By Thomas Rhett, Vacation Cabins In Ohio, Vacation Cabins Sale Ohio, Vacation Candy, Vacation Cast, Vacation Checklist, Vacation Clothes, Vacation Club, Vacation Company, Vacation Condos For Rent, Vacation Countdown, Vacation Days By President, Vacation Deals, Vacation Deals 2017, Vacation Deals All Inclusive, Vacation Deals Florida, Vacation Definition, Vacation Destinations, Vacation Destinations Near Ohio, Vacation Destinations Northern America, Vacation Dresses, Vacation Emoji, Vacation Equipment Rentals, Vacation Essentials, Vacation Express, Vacation Express All Inclusive, Vacation Express Chic Punta Cana, Vacation Express Coupon Code, Vacation Express Direct Flights From Cleveland, Vacation Express Flights, Vacation Express Groupon, Vacation Express Promo Code 2017, Vacation Film, Vacation Finder, Vacation Fixation, Vacation Florida, Vacation Florida Keys, Vacation For Couples, Vacation For Kids, Vacation For One, Vacation Full Movie, vacation fund, Vacation Getaways, Vacation Getaways In Ohio, Vacation Gif, Vacation Giveaways, Vacation Gogos, Vacation Grand Canyon, Vacation Greece, Vacation Grl, Vacation Grocery List, Vacation Guide, Vacation Hawaii, Vacation Home, Vacation Home Rentals, Vacation Homes For Rent, Vacation Homes For Sale, Vacation Homes In Myrtle Beach, Vacation Homes In Ohio, Vacation Homes Orlando Florida, Vacation Houses For Rent In Myrtle Beach, Vacation Houses In Florida, Vacation Ideas, Vacation Ideas In Usa, Vacation Ideas Near Ohio, Vacation Images, Vacation In Hawaii, Vacation In Maine, Vacation In Mexico, Vacation In Michigan, Vacation In Ohio, Vacation In Spanish, Vacation Jamaica, Vacation Japan, Vacation Jar, Vacation Jason, Vacation Jeezy, Vacation Jobs, Vacation Jokes, Vacation Journal, Vacation July 2017, Vacation June 2017, Vacation Kansas City, Vacation Kauai, Vacation Kentucky, Vacation Key Largo, Vacation Key West, Vacation Key West Florida, Vacation Keys, Vacation Kid Friendly, Vacation Kiss From A Rose, Vacation Korean Gps, Vacation Lake Homes, Vacation Lakes In Ohio, Vacation Land, Vacation Land Realty, Vacation Layaway, Vacation List, Vacation Loans, Vacation Locations, Vacation Lodge, Vacation Lyrics, Vacation Market Network, Vacation Meaning, Vacation Meme, Vacation Mexico, Vacation Michigan, Vacation Mode, Vacation Movie, Vacation Movie 2015, Vacation Movie Cast, Vacation Myrtle Beach Resorts, Vacation Nails, Vacation Nashville, Vacation Near Cleveland Ohio, Vacation Near Me, Vacation Near Ohio, Vacation Network, Vacation New Mexico, Vacation New Orleans, Vacation New Zealand, Vacation North Carolina, Vacation Obama, Vacation Of A Lifetime, Vacation Ohio, Vacation On A Budget, Vacation On A Train, Vacation Outfits, Vacation Outlet, Vacation Over, Vacation Over Meme, Vacation Ownership, Vacation Packages, Vacation Packages For Florida, Vacation Packages To Hawaii, Vacation Packages To Las Vegas, Vacation Packing List, Vacation Pictures, Vacation Places, Vacation Places Near Ohio, Vacation Planner, Vacation Planning, Vacation Quebec, Vacation Quebec City, Vacation Quest, Vacation Quest Game, Vacation Questions, Vacation Quiz, Vacation Quiz Buzzfeed, Vacation Quizzes, Vacation Quote Funny, Vacation Quotes, Vacation Rental Pros, Vacation Rentals, Vacation Rentals Destin Fl, Vacation Rentals Florida, Vacation Rentals Hilton Head, Vacation Rentals In Myrtle Beach, Vacation Rentals In Outer Banks, Vacation Rentals North Carolina, Vacation Rentals Ohio, Vacation Request Form, Vacation Song, Vacation Sooner, Vacation Spots, Vacation Spots In Mexico, Vacation Spots In Michigan, Vacation Spots In Ohio, Vacation Spots In South Carolina, Vacation Spots In Usa, Vacation Spots Near Ohio, Vacation Synonym, Vacation The Movie, Vacation Thomas Rhett, Vacation Time, Vacation To Australia, Vacation To Bora Bora, Vacation To Cuba, Vacation To Go, Vacation To Hawaii, Vacation Trailer, Vacation Trips, Vacation Under 500, Vacation Under The Volcano, Vacation Under The Volcano Quiz, Vacation United States, Vacation Unlimited, Vacation Upgrades, Vacation Upstate New York, Vacation Us Virgin Islands, Vacation Usa, Vacation Utah, Vacation Vault, Vacation Village, Vacation Village At Bonaventure, Vacation Village At Parkway, Vacation Village At Weston, Vacation Village Voyages, Vacation Villas, Vacation Villas At Fantasyworld, Vacation Vip, Vacation Virginia Beach, Vacation Washington Dc, Vacation Wear, Vacation Wear 2017, Vacation Websites, Vacation With Baby, Vacation With Derek, Vacation With Dogs, Vacation With Kids, Vacation With Toddler, Vacation Word Whizzle, Vacation Xmovies8, Vacation Yacht Rentals, Vacation Yellowstone, Vacation Yosemite, Vacation Young Jeezy, Vacation Young Jeezy Lyrics, Vacation Your Way, Vacation Your Way Promotion, Vacation Youtube, Vacation Yoyo, Vacation Yurts, Vacation Zanzibar, Vacation Zika Free, Vacation Zion National Park, Vacation Zippity Do Da, Vacation Zone, Vacation Zone Folsom, Vacation Zone Margate, Vacation Zone Specials, Vacation Zoo, Vacation Zurich, Vacationxpert Reviews 

Related Posts

  • My Amazing Experience of Skyline Gondola
    My Amazing Experience of Skyline Gondola & Luge in Queenstown, New Zealand
  • travel-tips, travel-advice
    Five Ways to Save for Your Next Vacation
  • travel tips, travel news, traveling, getaway
    How Far Ahead Should You Book on Vacation?

Post navigation

How Much Cash Should You Take on Vacation?
How Far Ahead Should You Book on Vacation?

Leave A Comment Cancel reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • The Best Rivers to Enjoy a Cruise Along
  • The Best Places to Visit in the UK Outside of London
  • Introducing the Big Five: Animals to Look Out for on an African Safari
Copyright© 2020 Skycap News™ - All Rights Reserved
  • Home
  • About Us
  • Contact
  • Privacy