For YEARS, I unnecessarily paid for travel insurance policies. I didn't realize that I already had coverage by purchasing my flights, hotel stays, and rental cars using credit cards that have free travel insurance perks.
See below for all the best cards, and the different types of travel insurance available as card benefits.
Check out the best credit cards with travel insurance.
Travel Insurance Categories 101
Trip Cancellation/Interruption Insurance: This covers non-refundable trip expenses if you have to cancel or cut your trip short due to covered reasons like illness or severe weather
Travel Medical Insurance: Provides coverage for medical emergencies while traveling, such as hospital stays, doctor visits, and medications
Lost Luggage Insurance: Reimburses you for lost, stolen, or damaged baggage and its contents during your trip
Trip Delay Insurance: Offers compensation for expenses incurred due to extended travel delays, such as meals and accommodations
Rental Car Insurance: Covers damage or theft of rental cars
Travel Accident Insurance: Provides a benefit in case of accidental death or serious injury during your trip
Emergency Evacuation Insurance: Covers expenses related to emergency evacuations, often due to medical reasons
Purchase Protection: Some credit cards offer coverage for items bought during your trip, protecting them against damage or theft.
Travel Assistance Services: Offers access to assistance for travel-related emergencies, like lost passports or legal issues
Extended Warranty: Extends the warranty on certain purchases made with the card, useful for travel gadgets and electronics
Remember, the specific coverage and terms vary greatly between credit cards, so it's crucial to read each card's policy to understand what it includes and any limitations or conditions that may apply.
