AmanWith so many players vying for the attention of the consumers, it is indeed, difficult to single out just 10 best travel insurance companies in the United States. Since each of them professes to be the best, it is better to stick to certain guidelines in choosing the top companies that provide adequate coverage at a reasonable rate. However, before we go into that, let us have an idea about different categories of travel insurance and the risks covered by majority of them.
It is important to note that there are two basic types of products and it is not only the 10 best travel insurance companies, which provide such options, but most others also do the same. In short:
1. Temporary Travel Insurance – It covers the duration of a single trip; they can be bought at the time of booking the tickets. This type of coverage is suitable for holiday makers or those who travel very rarely.
2. Multi-trip policy – It covers unlimited trips within a set time frame and therefore, these are more suitable for people who have to travel regularly on business purpose.
Now, before we try to make a list of 10 best travel insurance companies, we should also try to find out something about the risks covered by most policies. In general, all such products cover medical expenses, financial defaults of travel vendors and agents and other losses incurred by the insured during the trip. Besides that, most carriers also cover the following risks:
- Accidents or sickness during the trip
- Cancellation or interruption of trips
- Missed flights due to the airline’s rescheduling
- Travel delays due to incriminating weather
- Lost, damaged or delayed baggage
- Evacuation under certain circumstances
- Repatriation of remains, arrangement of overseas funerals and return of the minors in case of death during the trip
Besides that, most carriers also offer some optional coverage at an extra cost and therefore, it is important that the customers should take time to go through the entire list and decide only after that. At the same time, it is also important to go through the exclusions. In general, pre existing conditions, dangerous sports, visit to war torn countries, third party insolvency etc are excluded from the list.
Armed with such information, let us look for 10 best travel insurance companies in the USA. However, even now, the job is not that easy. That is why we are going to base our search on customers’ feed back as well general reputation of the company. Let us start with World Nomads. Their rates are reasonable and according to testimonials, claims are paid almost as soon as relevant papers are submitted. What is more, they do not insist that you buy the coverage you do not need.
Travelex insurance service is another service provider worth the mention. They offer diverse options and consequently, one need not buy what he/she does not require. Their Cancel-For-Any-Reason is much appreciated by the clients. For business executive they have Professional Pak at a very reasonable rate. In fact, the company has something for every category of customers.
CSA Travel Protection is another renowned travel insurance company; but before we go any further here is a list of 10 best travel insurance companies in the US:
- CSA Travel Protection
- Travel Safe
- Travelex
- M H Ross
- Protect Your Bubble
- Travel Insured
- Travel Guard
- Allianz Global Assistance
- HTH World Wide
- World Nomads
Of course, there is no reason why we should put CSA at the top and World Nomads at the bottom. Each of them has some pros and cons; it is up to the customer shop around for a suitable service provider. Yet, many customers are of the opinion that CSA Travel Protection Insurance Company is best among the 10 best travel insurance companies in the US.
