Table Of Content
It’s helpful to have missed connection coverage included in a cruise insurance policy, as the cost of catching up to a cruise can be significant. Average cruise travel insurance costs are based on rates for seven international trips with a variety of traveler ages and destinations, without “cancel for any reason” coverage. Note that plans have different levels of benefits, which can account for price differences.
Best for Affordable Premiums: AXA Assistance USA
6 Best Group Travel Insurance Companies of 2024 - MarketWatch
6 Best Group Travel Insurance Companies of 2024.
Posted: Tue, 09 Apr 2024 07:00:00 GMT [source]
You'll have a wide choice of plans, so you can pick the one that works the best for your situation. Cruises can get expensive quickly, so if you’re embarking on a 14-day international cruise that you’ve spent months saving up for, you may prefer to protect your investment. Spending a fraction of your total cruise expenses on insurance can help prevent you from forfeiting the entire cost of a non-refundable trip should the worst happen. The best way to determine what you will pay for your coverage is to get a quote.
Top-rated cruise travel insurance plans of 2024
Not all travel insurance policies provide top-notch coverage for cruises, so we evaluated 37 travel insurance policies with missed connection coverage to find the best cruise insurance. We scored policies based on cost, trip cancellation, trip interruption and medical expense benefits. Cruise insurance may offer unique coverage like missed port of call and medical evacuation coverage. You might not need the flight protections of a regular travel insurance plan if you're catching a cruise at a port near you, but medical and cancel for any reason coverage could be critical. The best travel insurance plans will provide flexibility to add coverage options to fit your travels needs.
What are the benefits of cruise insurance?
You won't have the option to purchase a cancel-for-any-reason add-on or opt in for a collision damage waiver on this lowest-tier plan. TravelSafe's Classic Plan is the best value all-around for the average cruiser, with superior coverage limits at a fair rate. While smooth sailing will always be the aim, cruising today is often about expecting the unexpected.
Look for the following coverage options and compare coverage amounts to determine which third-party plan is the best cruise insurance option for your upcoming trip. Trawick has three options for annual cruise insurance, with each plan offering coverage for up to 30 days per trip. This coverage reimburses your prepaid, unused, nonrefundable expenses in case you must cut your cruise trip short due to an unexpected event, such as illness, death, injury or a family emergency back home. It has an AM Best rating of A, which means that the company has an excellent ability to pay its claims and meet its financial obligations. Cruise insurance is worth it if you don’t want to risk losing the non-refundable money you invested in your trip if the unexpected happens. Cruise insurance can pay for you to rejoin the cruise if you can’t board on time because of an issue covered by the policy, such as severe weather.
Baggage and personal items loss
Travel Guard by AIG offers a basic Essential plan for $133, just a little higher than average, but adding coverage may raise that price. Get Forbes Advisor’s ratings of the best insurance companies and helpful information on how to find the best travel, auto, home, health, life, pet, and small business coverage for your needs. Buying right after you book also lets you lock in trip cancellation coverage right away.
See if this coverage adequately protects you financially from all the risks you’re concerned about. Our insurance experts reviewed 40 aspects of 37 travel insurance plans to find the best cruise insurance. With a range of pricing and coverage options available, you can feel confident that you can find a policy to suit your travel needs.
Trip Interruption Coverage
It gives you increased flexibility with your travel plans, but only up to a point. You’ll need to cancel your trip at least 48 hours before your scheduled departure to file a successful CFAR claim. You'll want to be reimbursed if an unexpected event forces you to cancel your cruise. Be sure to read the fine print of your policy, detailing which specific reasons for canceling your trip are covered and not covered.
Best Cruise Insurance Plans
Based on quotes we obtained using the seven trip profiles outlined in our methodology, Nationwide’s average trip cost is $182.17. While purchasing travel insurance to cover your cruise vacation is a personal decision, there are some coverages to look for that can enhance your policy. We averaged the cost of travel insurance packages for each provider to find the average price. Nationwide is our top recommended provider for cruise insurance, offering three tiers of coverage with specific cruise-oriented needs.
Our team of insurance experts compared cruise insurance rates for a variety of international trips and traveler profiles. Insurance pricing is dependent on the trip cost and the age of the insured travelers. Sandberg estimates that "travelers in their 30s or 40s can ballpark insurance coverage somewhere around 5% to 7% of the trip costs, with rates that can get lower depending on the extent of coverage." This coverage helps you pay for evacuation expenses if you have a medical emergency while on a cruise ship if the ship’s medical providers can’t treat you. The coverage will reimburse for the cost of transportation to the nearest medical facility or your home. John Hancock didn’t make the cut because of its high premiums, especially if you choose its Gold plan.
Sarah Horvath is one of the home service industry’s most accomplished writers. Her specialties include writing about home warranties, insurance, home improvement and household finances. You can find her writing published through distributors like HouseMethod, Architectural Digest, Good Housekeeping and more. When not writing, she enjoys spending time in her home in Orlando with her fiance and parrot. Both policies come with 24/7 assistance and the ability to file claims using Berkshire Hathaway’s website or mobile app.
We use data-driven methodologies to evaluate insurance companies, so all companies are measured equally. You can read more about our editorial guidelines and the methodology for the ratings below. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone.
