Travel Insurance Rates Are Rising. Here Are 10 Ways To Save Money Now

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Here are a few strategies that could help you save serious money on travel insurance in 2023.

, says that the price increases are modest for now."We're seeing an increase of 1% in the average insured trip cost," he told me.

Kirby says plan prices are generally competitive, so consumers often have to look at other factors. Those include the quality of customer service, claim payment rates, coverages included in plans, and upgrade options.So how do you save money when you buy travel insurance? Industry professionals say it's a combination of careful research and understanding the limits of how travel insurance works.1.

Roberts says the key to getting the best insurance policy deal is shopping around. Use comparison sites, but also research insurance companies"and get their quotes to ensure you're not missing out on those offering comprehensive coverage at lower rates," he adds.Damian Tysdal, editor of the travel insurance site, says travelers are often confused when they're on a travel insurance comparison site and they see a big price difference between similar plans.

 

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Here’s a secret, don’t waste a money on travel insireance.

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