InsureMyTrip Journey Insurance coverage Evaluate (Up to date 2024)

Posted: 1/14/24 | January 14th, 2024

Journey insurance coverage offers an important security web in opposition to surprising prices that will come up because of the myriad issues that may go unsuitable on the highway. That features every little thing from sickness and damage to canceled flights and misplaced baggage to the dying of a member of the family again house.

I do know, it’s not enjoyable to consider, however journey insurance coverage is the only most necessary factor you can purchase earlier than your journey. It’s one thing I strongly advise vacationers to by no means go away house with out (I purchase it for each single one among my journeys). I’ve seen it assist many, many individuals through the years. 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 affords 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 folks discover their splendid 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 provide any insurance policies or underwrite any claims. As a substitute, it’s a market that makes it simple to seek out the very best plan to fulfill your wants.

IMT searches all insurance policies throughout 20 insurance coverage firms 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 searching for journey insurance coverage insurance policies elsewhere, solely to find that they don’t cowl your age vary (or different necessities you have got).

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 is able to take a ton of time to do your self in the event you 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 Finest Plans Assure, you realize that you simply’re solely seeing plans with a number of constructive rankings and evaluations from precise prospects.

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

When you enter your particulars, you’ll be delivered to a web page with varied plans. The costs proven under 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) steered plans and, as you possibly can see, the worth varies broadly amongst them.

That’s the place IMT’s comparability software is available in. Simply hit the “examine” field beneath the worth to pick and examine completely different plans aspect by aspect.

The comparability web page seems like this:

The examine software makes it simple to see the main points of various plans aspect by aspect. This manner you possibly can simply see at a look which of them work to your wants and which don’t. Finally, solely you possibly can resolve whether or not you need greater protection limits and are prepared to pay a bit extra for them however the comparability function makes it simple to resolve.

Personally, I at all times suggest getting a minimum of $100,000 USD in protection. You don’t wish to skimp on protection and, if one thing occurs, find yourself hitting your restrict earlier than the issue is taken care of (learn this put up on shopping for journey insurance coverage for extra data).

Regardless of the plan you find yourself selecting, you’ll know that you simply’re coated with IMT’s Worth Assure. That is one other function I actually like, because it guarantees that you simply received’t discover a cheaper price for a similar plan elsewhere. So, if you search IMT, you realize you’re getting the very best worth for that plan.

If that’s not sufficient to offer peace of thoughts, IMT additionally has a Cash Again Assure. This implies which you could 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 to your journey. These ensures embrace:

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 affords absolutely the lowest costs whereas remaining absolutely compliant with all such laws. Don’t select a much less respected web site for the sake of saving a couple of bucks, because it may create issues for you down the road if you’ll want to depend on that insurance coverage.

Finest Plans Assure
IMT guarantees to solely provide the highest plans available on the market. Utilizing information sourced from over 100,000 actual buyer evaluations, it regularly evaluates whether or not a supplier can stay a beneficial choice to shoppers. Every evaluation accommodates a ranking within the areas of protection, price, satisfaction, and claims (if any have been filed). Whenever you construct a customized quote, every plan could have a hyperlink to evaluations, so you possibly can 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 reimbursement. Most plans allow you to cancel for a full refund throughout this era, although eligibility and evaluation interval timelines do range by coverage. Some additionally cost a nonrefundable administrative charge to get your a reimbursement. As at all times, learn the fantastic print earlier than buying to confirm eligibility. You can too attain out to IMT’s customer support group in case you have any doubts about whether or not the plan you wish to buy is roofed by this assure.
 

Execs of Utilizing InsureMyTrip

• Rapidly examine plans from 20 firms
• Pleasant buyer care representatives
• Simple-to-use web site for quick and free quotes
• Means to customise your plan with optionally available add-ons, akin to CFAR (Cancel for Any Cause)
• Three ensures for peace of thoughts (Finest Worth, Finest 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
• Should 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 may embrace round-trip airfare, pay as you go lodging, all-inclusive trip packages (akin to cruises or resorts), or group tour packages.

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

• Senior vacationers as they embrace plans for people over 70 and most different firms don’t
• Anybody who desires add-ons, like CFAR protection
• Cruisers (there are cruise-specific plans)

On the flip aspect, IMT isn’t 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 price. (If that is you, take a look at this put up on the very best journey insurance coverage for digital nomads.)

Journey insurance coverage is one thing I by no means go away house with out. Issues can (and can) occur on the highway. Be ready by getting journey insurance coverage. It could possibly prevent a whole bunch (or 1000’s) of {dollars} in surprising prices and offer you peace of thoughts and assist ought to one thing go unsuitable.

You may click on right here get a quote.

I by no means, ever go away house with out journey insurance coverage. You shouldn’t both.