InsureMyTrip Journey Insurance coverage Overview (Up to date 2024)

Posted: 1/14/2024 | January 14th, 2024

Journey insurance coverage offers a significant security web towards surprising prices that will come up because of the myriad issues that may go improper on the street. That features the whole lot from sickness and harm to canceled flights and misplaced baggage to the demise of a member of the family again residence.

I do know, it’s not enjoyable to consider, however journey insurance coverage is the one most necessary factor you should buy earlier than your journey. It’s one thing I strongly advise vacationers to by no means depart residence with out (I purchase it for each single certainly one of my journeys). I’ve seen it assist many, many individuals over time. Myself included.

It’s simpler than ever to discover a coverage that meets your wants and price range, particularly with instruments on the market like InsureMyTrip.

On this InsureMyTrip evaluation, I’ll go over what the corporate provides and the professionals and cons of utilizing them as a service to make use of when planning your journey.

What Is InsureMyTrip?

InsureMyTrip (IMT) is a journey insurance coverage comparability web site that has been serving to individuals discover their supreme coverage since 2000. To be clear, which means that IMT doesn’t present any of the plans listed on its web site. It doesn’t supply any insurance policies or underwrite any claims. As a substitute, it’s a market that makes it straightforward to seek out the very best plan to fulfill your wants.

IMT searches all insurance policies throughout 20 insurance coverage corporations based on your search standards, and also you’ll solely be proven insurance policies for which you’re eligible. This protects you the frustration of in search of journey insurance coverage insurance policies elsewhere, solely to find that they don’t cowl your age vary (or different necessities you’ve).

I’ll get into who IMT is right for additional on on this evaluation.

How InsureMyTrip Works

InsureMyTrip is a market of 20 insurance coverage suppliers. It searches all of the plans provided by these suppliers to seek out the very best plan for you. Clearly, this may take a ton of time to do your self if you happen to checked every coverage individually. With IMT, it occurs in a matter of seconds when you fill in your journey data and construct a quote.

Plus, due to InsureMyTrip’s Greatest Plans Assure, that you just’re solely seeing plans with a number of optimistic rankings and opinions from precise prospects.

Right here’s the data you’ll fill in to get a free quote:

When you enter your particulars, you’ll be delivered to a web page with numerous plans. The costs proven beneath are from an instance quote for a 42-year-old traveler from New York going to Thailand for 2 weeks:

That is only a snippet of three (out of many) advised plans and, as you’ll be able to see, the value varies extensively amongst them.

That’s the place IMT’s comparability device is available in. Simply hit the “evaluate” field beneath the value to pick and evaluate totally different plans aspect by aspect.

The comparability web page appears like this:

The evaluate device makes it straightforward to see the small print of various plans aspect by aspect. This fashion you’ll be able to simply see at a look which of them work in your wants and which don’t. In the end, solely you’ll be able to resolve whether or not you need increased protection limits and are keen to pay a bit extra for them however the comparability function makes it straightforward to resolve.

Personally, I at all times suggest getting no less than $100,000 USD in protection. You don’t need to skimp on protection and, if one thing occurs, find yourself hitting your restrict earlier than the issue is taken care of (learn this submit on shopping for journey insurance coverage for extra data).

Irrespective of the plan you find yourself selecting, you’ll know that you just’re lined with IMT’s Worth Assure. That is one other function I actually like, because it guarantees that you just received’t discover a lower cost for a similar plan elsewhere. So, once you search IMT, you’re getting the absolute best worth for that plan.

If that’s not sufficient to supply peace of thoughts, IMT additionally has a Cash Again Assure. This implies that you may cancel the coverage throughout a evaluation interval (normally as much as 10 days after buy) and get a full refund so long as you haven’t made any claims but or began your journey.
 

InsureMyTrip’s Ensures

As talked about above, InsureMyTrip has a number of necessary ensures that make sure you purchase the very best coverage in your journey. These ensures embody:

Worth Assure
InsureMyTrip’s Worth Assure signifies that you received’t discover the identical plan cheaper wherever else. Whereas there are websites on the market that may promote decrease costs, the reductions they’re providing aren’t strictly authorized. Insurance coverage is regulated by state, with particular guidelines round providing reductions and cheaper costs. IMT provides absolutely the lowest costs whereas remaining totally compliant with all such rules. Don’t select a much less respected web site for the sake of saving a couple of bucks, because it might create issues for you down the road if you want to depend on that insurance coverage.

Greatest Plans Assure
IMT guarantees to solely supply the highest plans in the marketplace. Utilizing knowledge sourced from over 100,000 actual buyer opinions, it frequently evaluates whether or not a supplier can stay a really useful choice to customers. Every evaluation comprises a score within the areas of protection, value, satisfaction, and claims (if any have been filed). If you construct a customized quote, every plan can have a hyperlink to opinions, so you’ll be able to learn suggestions from actual customers of that plan.

Cash Again Assure
Final however not least is IMT’s Cash Again Assure, which allows you to cancel your plan in the course of the evaluation interval and get your a refund. Most plans allow you to cancel for a full refund throughout this era, although eligibility and evaluation interval timelines do fluctuate by coverage. Some additionally cost a nonrefundable administrative payment to get your a refund. As at all times, learn the high-quality print earlier than buying to confirm eligibility. You can even attain out to IMT’s customer support group if in case you have any doubts about whether or not the plan you need to buy is roofed by this assure.
 

Execs of Utilizing InsureMyTrip

• Shortly evaluate plans from 20 corporations
• Pleasant buyer care representatives
• Simple-to-use web site for quick and free quotes
• Potential to customise your plan with non-obligatory add-ons, resembling CFAR (Cancel for Any Motive)
• Three ensures for peace of thoughts (Greatest Worth, Greatest Plans, Cash Again)
• Anytime Advocates® to assist in case your declare will get denied by the insurance coverage firm

Cons of Utilizing InsureMyTrip

• Doesn’t search each journey insurance coverage firm
• Will need to have set journey dates and prices to get a quote

Who Is IMT For?

InsureMyTrip is a useful market for vacationers seeking to discover a customized insurance coverage coverage. Particularly, IMT is greatest for these occurring journeys with set starting and finish dates which have main mounted and nonrefundable prices, as with IMT, you buy a coverage primarily based in your estimated journey prices. These might embody round-trip airfare, pay as you go lodging, all-inclusive trip packages (resembling cruises or resorts), or group tour packages.

This might apply to many varieties of holidays and vacationers. Nonetheless, I particularly suggest IMT for:

• Senior vacationers as they embody plans for folk over 70 and most different corporations don’t
• Anybody who needs add-ons, like CFAR protection
• Cruisers (there are cruise-specific plans)

On the flip aspect, IMT is just not an incredible possibility for digital nomads or long-term vacationers who’ve ongoing bills with no mounted finish date and subsequently received’t be capable to insure a visit with a particular value. (If that is you, try this submit on the very best journey insurance coverage for digital nomads.)

Journey insurance coverage is one thing I by no means depart residence with out. Issues can (and can) occur on the street. Be ready by getting journey insurance coverage. It might probably prevent tons of (or 1000’s) of {dollars} in surprising prices and offer you peace of thoughts and assist ought to one thing go improper.

You possibly can click on right here get a quote.

I by no means, ever depart residence with out journey insurance coverage. You shouldn’t both.