Best Travel Insurance Companies

Travelex features competitive pricing and customizable policy options

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If you are spending hundreds or thousands of dollars to book a trip, it might make sense to buy travel insurance. Travel insurance protects you in the event you have to cancel or cut your journey short for many reasons, including weather, illness, government shutdowns, and more. Many policies also provide benefits for lost luggage or medical services received when abroad.

The best travel insurance policies are affordable while still providing great coverage with few exclusions or limits and high customer satisfaction ratings. Our list of top travel insurance companies can help you choose the right provider for you, but you should also do your research to make sure the policy covers your particular trip.

Best Travel Insurance Companies of 2022

Best Overall : Travelex



  • Number of Policy Types: 3
  • Coverage Limit: $25,000
  • Starting Price: $28
Why We Chose It

Travelex offers extensive coverage (up to 150% for interruptions) for you or your family at a competitive price—and kids are included at no extra charge. A relatively low price for the high levels of coverage made it our top choice. Look for the Travel Select plan for the best coverage.

Pros & Cons
  • Competitive pricing for comprehensive coverage

  • Multiple plan options with customizable features

  • Children younger than 21 covered at no extra cost

  • Mixed pre-existing condition coverage depending on the policy purchase date

  • No annual plan available

  • Basic coverage plan features minimal coverage


Travelex Insurance Services is a well-known travel insurance provider based in Omaha, Nebraska. Founded in 1996, Travelex (not to be confused with the foreign currency exchange shops) offers several insurance packages depending on the coverage needed for your trip. Policies are underwritten by Berkshire Hathaway Specialty Insurance company, which earns an A++ rating from AM Best and AA+ from Standard & Poor’s. Coverage is available to customers worldwide.

The Travel Select plan starts at $28 and includes trip cancellation, trip interruption, and emergency medical and evacuation, but there also are several ways to customize and upgrade coverage.

Travel is covered up to 100% of $25,000 for cancellations. You can receive up to 150% of the trip cost up to $37,500 for trip interruptions. Emergency medical limits are $50,000, and emergency evacuation coverage is good for up to $500,000.

In addition, Travel Select has a 15-day pre-existing condition exclusion waiver. If you purchase your policy within 15 days of paying for your trip and insure the full cost of the trip, your pre-existing injury or illness likely is covered.

Runner-Up, Best Overall : Allianz Travel Insurance

Allianz Travel Insurance

Allianz Travel Insurance

  • Number of Policy Types: 10
  • Coverage Limit: Starting at $5,000
  • Starting Price: $120
Why We Chose It

Allianz gets the runner-up spot because of its extensive coverage for frequent travelers with a low cost per trip. Get the best coverage from the AllTrips Executive plan. Individual trip coverage is also available.

Pros & Cons
  • Annual- or single-trip plans available

  • Many policy types fit varying needs

  • Cover yourself and your household all year even if you’re not traveling together

  • Does not cover extended travel periods

  • Some annual plans have per-trip limits while others have annual limits

  • Limit for emergency medical transportation coverage only $250,000


Allianz Travel is a subsidiary of Allianz, which traces its history back to 1890 in Germany. Travel policies are underwritten by insurers with AM Best ratings of A to A+ and are available only to legal U.S. residents.

Travelers who want to hit the road many times per year should consider annual travel insurance rather than individual per-trip policies. Allianz Travel offers four different annual plans with varying benefit levels. We particularly like its AllTrips Executive, which has the highest limits and coverage.

AllTrips Executive provides tiered limits starting at $5,000 for trip cancellation or interruption coverage. It also offers $50,000 for emergency medical, and $250,000 for emergency transportation, per insured, per trip. There is a lengthy list of exclusions, including extreme sports, so make sure to read the fine print before jumping into adventure activities.

Quotes for a single traveler, a couple, and a family of four had a price point of $500 per traveler per year. If you were going to pay for comprehensive coverage at $120 per person per trip, you’ll break even with this plan if you are going to travel at least five times per year. If you’re looking for lower costs, the AllTrips Basic, Premier, and Prime options are available from Allianz.

Best Value : InsureMyTrip



  • Number of Policy Types: 44
  • Coverage Limit: Varies
  • Starting Price: $25 to $100
Why We Chose It

Compare policies from more than 20 different travel insurance providers with one form so you know you’re getting a good deal for the coverage you need. You can find low-cost trip coverage or customize a plan to meet your needs so you don’t overpay for coverage you won’t use.

Pros & Cons
  • Search for quotes from multiple reputable insurers

  • Shop around with one application for multiple trip types

  • View multiple plans from eligible insurers for your planned trip

  • Many popular insurers not included in listings

  • Initial listing pages don’t show policy limits

  • Includes some policies with low coverage limits


Founded in 2000, InsureMyTrip is a travel insurance comparison website that searches from more than 20 insurers using one intake form. It offers an easy-to-use signup tool to quickly compare multiple policies based on your specific needs. Filters are available to pick policies that cover adventure sports, higher limits, increased medical coverage, and more.

A quote for a family of four to take a 14-day trip that costs $4,000 and includes plane and hotel expenses resulted in three suggested plans with costs of around $100 to around $400 for varying levels of protection. Basic features included luggage coverage, travel delay, and medical care. Note that rates will differ based on where customers are originating from and where they are vacationing, as well as other variables.

The insurers you'll find while using InsureMyTrip have earned a variety of industry ratings and generally are considered reputable and financially stable. Still, as with policies bought directly from insurers, it’s a good idea to read the policy details before clicking the buy button. Each underlying insurer has different claims processes, exclusions, and limits. InsureMyTrip makes it easier, however, to be an informed travel insurance buyer.

Most Comprehensive Coverage : World Nomads

World Nomads

World Nomads

  • Number of Policy Types: 2
  • Coverage Limit: $2,500 to $10,000
  • Starting Price: $100 to $200
Why We Chose It

Adventure travelers and digital nomads are well protected by this plan, which offers extensive coverage ($100,000 accidents) for some of the most extreme adventures.

Pros & Cons
  • Extensive coverage with high limits for medical and emergency evacuation

  • Protects your bags, computers, and sports equipment when traveling

  • Explorer plan covers adventure sports

  • Only single-trip plans available

  • Most pre-existing conditions are not covered

  • Not all policies cover adventure sports


World Nomads is a good insurer for those looking for adventure. The Australia-based provider is a solid choice for worldwide travel with few excluded activities. Policies are underwritten by various insurers including financially strong and well-known Nationwide Mutual Insurance Company, Generali Global, AIG, and Lloyd’s.

Coverage includes terrorist attacks, assault, medical repatriation, equipment and baggage, and overseas medical and dental. The high-end Explorer Plan covers activities including snow sports, water sports, aviation, motorsports, athletics, and high-adventure experiences. More than 200 activities are named, and many are specifically excluded by other insurers.

For the Explorer Plan, a solo 35-year-old would pay around $200, depending on inputs like state of origin, for a month in Thailand, which is reasonable for such extensive coverage. The Standard Plan costs around $100 for the same trip, but it makes sense to choose higher coverage levels if you’re worried about something going wrong.

This U.S.-based policy is underwritten by Nationwide (A+ rated by AM Best) with a $100,000 limit for emergency accidents and illnesses, $500,000 for emergency evacuation, $10,000 for trip cancellation (or interruption), and much more.

While it doesn’t have the same insurance reputation as some other providers, it works with reputable companies to underwrite policies.

Best for Seniors : HTH Travel Insurance

HTH Travel Insurance

HTH Travel Insurance

  • Number of Policy Types: 5
  • Coverage Limit: $5,000 to $50,000
  • Starting Price: Varies
Why We Chose It

Medical coverage may be important to senior travelers who need excellent protection with flexible options while on a budget. This is where HTH Worldwide stands out. Seniors can get high levels of medical coverage.

Pros & Cons
  • High levels of medical coverage for seniors up to 95 years old

  • Up to $1,500 allowance for someone to visit you in the hospital

  • May be expensive depending on your needs

  • Best plan for seniors requires existing health insurance

  • Lowest policy has a $50,000 maximum benefit per person


HTH Worldwide was founded in 1997, and HTH Travel Insurance offers plans with high levels of medical coverage. That’s a big concern for seniors leaving the country, as they could end up in a doctor’s office or hospital with an expensive bill to follow. HTH Travel Insurance offers up to $1 million in total coverage for medical.

Policies for travelers with existing primary insurance enjoy 100% coverage for typical hospital charges, including surgery, tests, office visits, inpatient hospital stays, and prescription drugs outside of the U.S., among other coverage.

Medical evacuation is available up to $500,000, but trip interruption and baggage coverage are pretty light. Most people will choose this plan for medical, not travel, benefits. This policy is available to applicants who are 95 years old or younger.

Insurance also is available for people without existing health coverage. Most seniors in the U.S. are covered by some existing coverage, such as Medicare, but Medicare doesn’t work outside of the United States, leaving seniors uninsured when abroad. HTH Travel Insurance provides policies for those without existing medical coverage. The age limit is 74, but there is a 180-day pre-existing condition exclusion.

Best for Cruises : Nationwide



  • Number of Policy Types: 8
  • Coverage Limit: $10,000 to $30,000
  • Starting Price: $100
Why We Chose It

Multiple options protect your cruise vacation with tailored coverage for common cruise trip issues. This makes Nationwide a good pick for those who take to the high seas for their vacations. Make sure to review the benefit levels so you pick the right coverage for your needs.

Pros & Cons
  • Large insurer with a strong reputation

  • Three different cruise insurance plans to choose from

  • Coverage for common cruise issues like missed connections and itinerary changes

  • Some plans have low coverage levels for some incidents

  • Benefit limits are low for trip interruption for any reason

  • Pre-existing conditions may not be covered


Nationwide has been around since 1925 and offers most popular types of insurance including auto, home, and life. It also has an array of travel insurance coverage for individual trips, multi-trips, and cruises.

To protect your single trips, Nationwide offers trip cancellation of up to $10,000 in its Essentials Plan and $30,000 in its Prime Plan. Travelers may also get an annual travel insurance package for just $59 a year to cover delays, medical expenses, medical evacuation, lost luggage, and travel assistance.

Its custom-tailored plans for cruises, however, are what landed it in this category. The Universal Cruise Plan, Choice Cruise Plan, and Luxury Cruise Plan make it easy to pick the right coverage for your individual needs. The cost for a couple on a 10-day cruise to Mexico, for example, was quoted around $200 for both the Universal and Choice plans.

Cruise insurance from Nationwide covers what you worry about most with a cruise. Things like broken down ships and itinerary changes can lead to missed excursions and flights or other costs. For the Universal Cruise plan, emergency medical expenses are covered up to $75,000 with medical evacuation benefits up to $250,000.

Additionally, all plans include coverage for the weather, an extension of school sessions, work emergencies, and terrorism. The luxury plan also covers the Centers for Disease Control warnings at your destination.

Best for Medical Coverage : GeoBlue



  • Number of Policy Types: 8
  • Coverage Limit: Varies
  • Starting Price: Varies
Why We Chose It

GeoBlue offers multiple options to buy travel medical insurance coverage for a lower price than a full travel insurance package. It offers medical coverage on its own if you don’t want or need additional travel coverage.

Pros & Cons
  • Coverage for medical needs when traveling

  • Gives a la carte medical coverage when other trip costs are already covered

  • Different policies allow you to cover various needs and pre-existing conditions

  • Primarily covers medical costs

  • Additional primary medical coverage required


GeoBlue is part of Worldwide Insurance Services, and policies come with a license from Blue Cross Blue Shield Association. Policies are issued by 4 Ever Life International Limited, a company with a history of more than 60 years and an A rating (Excellent) from AM Best.

If you need coverage just for medical needs, GeoBlue is a good choice. This insurer offers only travel medical coverage. Paying for medical coverage means you aren't paying for the rest of your travel insurance, which already may be covered. If you already have a credit card with travel insurance included, for example, lost luggage and missed flights are likely protected by your card's terms. Instead, you get covered just for medical, and those costs are as low as a few dollars per day.

Because you’re mostly getting travel medical coverage, you will pay a lot less than most other insurers on this list. Just make sure you completely understand what is and isn’t covered. You will receive only minimal luggage protection and travel interruption coverage with GeoBlue's plans.

GeoBlue has two general plans for single trips, multiple trips, and long-term travel. Additionally, there are five specialty policies for niche travel medical insurance needs, like study abroad. It doesn’t cover everything related to your trip, but it makes medical coverage much more affordable.

Final Verdict

There are many options to choose from when it comes to travel insurance. It can provide you with peace of mind and save you thousands of dollars if your travel plans are canceled or interrupted at the last minute. With world events like pandemics, natural disasters, and wars that could easily throw an unexpected wrench in your travel plans, travel insurance helps you to stay prepared. Overall, our top choice for travel insurance is Travelex.

Travelex offers competitive pricing for comprehensive travel insurance. Policies from Travelex cover everything from canceled or interrupted trips to medical emergencies and evacuations. They also feature a 21-day pre-existing condition waiver, which means that, as long as you book your trip several weeks in advance, you’ll likely still be covered.

Compare the Best Travel Insurance Companies

Company Starting Price  Policy Types  Coverage Limit  No. States Available 
Travelex Best Overall $28 3 $25,000 50
Allianz Travel Insurance Runner-Up, Best Overall $120  10  Starting at $5,000  50 
InsureMyTrip Best Value $25 to $100  44 Varies  50 
World Nomads Most Comprehensive Coverage  $100 to $200  $2,500 to $10,000  50 
HTH Travel Insurance Best for Seniors Varies  $5,000 to $50,000  50 
Nationwide Best for Cruises  $100  $10,000 to $30,000  50 
GeoBlue Best for Medical Coverage Varies  Varies  50 

Frequently Asked Questions

Comparing Travel Insurance Providers

When comparing travel insurance policies, there are a few things that you should keep in mind. These include:

  • Pricing: Pricing is one of the most significant factors when comparing travel insurance policies. Look for a provider that offers low rates and doesn’t skimp on coverage.
  • Policy types: Depending on where you’re traveling and how long you’re staying, different policy types may work best for your situation. For instance, you may need a different policy for a week-long trip than you would if you plan to travel abroad for several months.
  • Coverage limits: Travel insurance plans have coverage limits for trip cancellation, interruption, and medical expenses. Look for a plan whose coverage limit matches the amount you’ve spent on your travel plans.
  • Exclusions: Some travel insurance plans come with exclusions. If you’re worried about a particular event or accident, make sure it’s covered before you pay for a plan.
  • Customer satisfaction: Customer satisfaction is also an important factor when purchasing a travel insurance plan. Look for a provider with high customer satisfaction ratings and a history of good customer service.

What Is Travel Insurance?

Travel insurance covers common problems when traveling. From trip interruptions to full cancellations, it can help protect the money you put down for your travel experience.

Common coverage includes more than just an unexpected trip stoppage. It can also cover lost or damaged luggage and changes to your itinerary for covered reasons, among other benefits.

Medical coverage is an important factor to consider, as your current health insurance may not work away from home. The best travel insurance includes coverage for medical treatment, dental emergencies, and medical transportation. If you have any pre-existing conditions or are at risk, it’s important to make sure your policy covers these, too.

Is Travel Insurance Worth It?

While travel insurance may seem like an unnecessary extra expense, it can save you a significant amount of money in the event that something happens to cancel or interrupt your trip. Travel insurance also can help to cover the cost if you experience a medical emergency while away from home. Especially for large trips where you’re spending a lot of money, travel insurance can help to provide peace of mind that you’ll be able to recoup the money you’ve paid if something unexpected happens.

That said, travel insurance might not be necessary in all cases. You should check to see what coverage is already available to you through other venues. For instance, many credit cards cover the cost of lost or delayed luggage if you purchase your airfare using that card. Travel insurance also may not be necessary for routine travel within the same country, like going to visit a family member or friend for a few days.

How Do You Apply for Travel Insurance?

Once you’ve selected a travel insurance plan that meets your needs, the next step is to apply for travel insurance. You’ll need to provide the insurance company with some basic information about yourself and your travel plans, including your age, where you live, the date and location of your trip, and how much your total travel expenses will be, including things like flights and hotel stays.

Many insurance companies let you apply for a policy entirely online. Once your application has been approved, you typically can manage your account online and add details about your trip. In the event that you do need to file a claim, this process typically can be completed online.

What Does Travel Insurance Typically Include?

Travel insurance may include many different benefits. Here’s a look at some common situations covered by many travel insurance plans:

  • Trip cancellation
  • Trip interruption
  • Trip delay
  • Missed connection
  • Baggage and possession loss, damage, and theft
  • Delayed luggage
  • Emergency medical treatment
  • Emergency medical evacuation
  • Accidental death and dismemberment (AD&D)

There are additional specialty coverages as well, such as customized policies for cruises. It’s a good idea to shop around and compare before making a final decision.

What Does Travel Insurance Typically Exclude?

Just as homeowner’s insurance often excludes things like earthquakes and floods, travel insurance has common exclusions you need to know about. Here are some types of coverage you may not get with travel insurance:

  • Weather-related cancellations and delays
  • Trip cancellation or changes due to acts of terrorism
  • Trip cancellation or changes due to a pandemic
  • Injuries from extreme sports and high-adventure activities
  • Cancellation for any reason

While most policies have limits and exclusions around these circumstances, not all do. Some insurers on this list have special coverage for these exact causes or include them in standard plan terms. Again, this is why it’s so important to read your policy documents before paying for and locking in your policy.

What Are the Expected Costs of Travel Insurance?

Travel insurance costs vary widely by coverage and insurer. You can expect to pay anywhere from a few dollars a day to more than $10 a day for short-term and single-trip coverage. The cost of your trip is another major factor in the insurance rate.

That means insurance for a single trip could cost anywhere from around $20 to hundreds of dollars. Annual policies cost around $500 per year for high levels of coverage.

There are many inexpensive travel insurance plans available, but most travelers are best protected with comprehensive coverage. It costs a bit more, but if you need to file a claim, you’ll be glad you have it.

Is Paying for Travel Insurance Worth It?

Travel insurance premiums can cost hundreds of dollars, so it’s ultimately up to you to decide if it’s worth the cost. It might not be worth it on lower-cost trips and low-risk vacations. However, expensive international trips or large family vacations can make additional travel insurance a reasonable investment.

If you spend thousands of dollars on a trip, it is probably worth a couple of hundred to make sure you get your money back if the trip doesn’t go as planned. If something goes wrong, which can lead to expenses valued at tens of thousands of dollars, it’s good to have a financial backstop so you don’t have to pay for everything out of pocket.


To come up with this list of the top travel insurance providers, we looked at more than 30 different travel insurance companies and plans. Major areas of focus included coverage options, claim and policy limits, what’s covered, and typical insurance policy costs.

The biggest focus was on insurance coverage limits and what each policy covers. Cost is important, but a difference of $20 for much better coverage is often negligible. The most important features examined in this review are the ones that make your policy valuable and easy to use if you ever need it.

Travel Insurance Companies