Buying travel insurance is an important part of planning a holiday and can sometimes add a lot of cost on to the overall price of your trip. However, there are plenty of steps that you can take to make sure you get the best and cheapest deal, we have selected ten of the best below.
Consider Annual Cover
If you are planning on travelling more than three times a year then it is probably worth getting an annual policy as this will usually work out cheaper than getting single trip policies. Be mindful though that the annual policies generally only cover trips up to 31 days so if you are planning on putting your backpack on and travelling the world you will need to consider other options.
Be honest with your insurance company
When booking travel insurance, make sure you are upfront about any existing medical conditions. Insurance companies may charge a small premium for some medical conditions, but not being honest may make any future claims void and defeat the purpose of the travel insurance in the first place.
Don’t forget your EHIC
If you are travelling to countries within the EEA (European Economic Area) make sure you get an EHIC (European Health Insurance Card). Whilst this is not an alternative to travel insurance it does enable you to receive state-provided medical treatment if you become ill whilst you are away. Another advantage is that some travel insurance companies may waive your excess.
Whilst we’re sure we can give you the best deal here at Navigator, nowadays with the world of google, consumers can easily search around for the best deals. Make sure you invest some time in this and get a few quotes as there are some great deals to be found and they are almost always better than going direct with the airline or travel agent. Getting travel insurance with an independent specialist will often allow you to get the best level of cover which is relevant for you at the best possible price.
Use your credit card
If your travel insurance is going to cost you more than £100 then it may be a good idea to buy it on your credit card which will mean you are covered by Section 75 of the Consumer Credit Act if your travel insurance company goes bust (fingers crossed they’ll be ok!).
Compare Excess Charges
Excess charges can vary greatly (from around £35-£200). Make sure you check this thoroughly. If you set the excess high then the policy may look very cheap but if you were to make a claim it may cost you dearly.
Think about your activities
There are many different types of insurance and one size definitely does not fit all. Make sure you read in to all the activities to see what you do and don’t need to be covered for. Some policies may include cover for extreme sports as a standard, whilst others will only include the bare minimum. Don’t get caught short…
Europe or Worldwide?
Read carefully into the locations covered in different policies. For example, if you are travelling to Egypt this is sometimes covered in European policies so worldwide cover is not necessary. America and Canada are sometimes not included on worldwide cover to confuse matters further. Always read everything thoroughly before buying travel insurance wherever you are travelling to.
Check if you are insured already
Some people make the mistake of being double covered without actually realising. Before you do take out a travel insurance policy, check what existing cover you have. For example, your home insurance policy may cover your travel luggage.
There are often great deals to be found if you will be travelling with others such as family or friends, as you will be able to take out joint cover. Another advantage to joint cover is that if something does unfortunately go wrong the claim process will be a lot easier.
Hopefully, these tips will be helpful and ensure that you get a great deal on your travel insurance and leave you with lots of spending money to enjoy on your holiday! If you need any help or advice in deciding what cover to get, or you aren’t sure which policy best suits your trip, then get in touch and we’ll do our best to help you find the perfect policy.