InsureMyTrip Journey Insurance coverage Evaluate (Up to date 2024)

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

Travel insurance gives a significant security web towards sudden prices that will come up because of the myriad issues that may go mistaken on the highway. That features every little thing from sickness and harm to canceled flights and misplaced baggage to the loss of life of a member of the family again dwelling.

I do know, it’s not enjoyable to consider, however journey insurance coverage is the one most essential factor you can purchase earlier than your journey. It’s one thing I strongly advise vacationers to by no means depart dwelling with out (I purchase it for each single one in all 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 overview, I’ll go over what the corporate provides 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 perfect 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 supply any insurance policies or underwrite any claims. As a substitute, it’s a market that makes it simple to search out the perfect plan to satisfy your wants.

IMT searches all insurance policies throughout 20 insurance coverage corporations in keeping with your search standards, and also you’ll solely be proven insurance policies for which you’re eligible. This protects you the frustration of on the lookout for journey insurance coverage insurance policies elsewhere, solely to find that they don’t cowl your age vary (or different necessities you could have).

I’ll get into who IMT is right for additional on on this overview.

How InsureMyTrip Works

InsureMyTrip is a market of 20 insurance coverage suppliers. It searches all of the plans supplied by these suppliers to search out the perfect plan for you. Clearly, this might take a ton of time to do your self if you happen to checked every coverage individually. With IMT, it occurs in a matter of seconds when you fill in your journey info and construct a quote.

Plus, because of InsureMyTrip’s Finest Plans Assure, you already know that you just’re solely seeing plans with a number of constructive rankings and critiques from precise prospects.

Right here’s the data 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) urged plans and, as you possibly can see, the value varies broadly amongst them.

That’s the place IMT’s comparability instrument is available in. Simply hit the “evaluate” field beneath the value to pick out and evaluate totally different plans aspect by aspect.

The comparability web page seems like this:

The evaluate instrument 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 on your wants and which don’t. In the end, solely you possibly can determine whether or not you need larger protection limits and are prepared to pay a bit extra for them however the comparability function makes it simple to determine.

Personally, I all the time advocate getting no less than $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 (read this post on buying travel insurance for extra info).

Regardless of the plan you find yourself selecting, you’ll know that you just’re lined with IMT’s Value Assure. That is one other function I actually like, because it guarantees that you just gained’t discover a lower cost for a similar plan elsewhere. So, once you search IMT, you already know 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 can cancel the coverage throughout a overview 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 essential ensures that make sure you purchase the perfect coverage on your journey. These ensures embody:

Value Assure
InsureMyTrip’s Value Assure signifies that you gained’t discover the identical plan cheaper anyplace 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 provides absolutely the lowest costs whereas remaining absolutely compliant with all such rules. Don’t select a much less respected web site for the sake of saving a couple of bucks, because it might create issues for you down the road if it’s essential depend on that insurance coverage.

Finest Plans Assure
IMT guarantees to solely supply the highest plans available on the market. Utilizing information sourced from over 100,000 actual buyer critiques, it frequently evaluates whether or not a supplier can stay a really helpful choice to shoppers. Every overview accommodates a ranking within the areas of protection, price, satisfaction, and claims (if any have been filed). Whenever you construct a personalised quote, every plan could have a hyperlink to critiques, 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 through the overview interval and get your a refund. Most plans allow you to cancel for a full refund throughout this era, although eligibility and overview interval timelines do range by coverage. Some additionally cost a nonrefundable administrative charge to get your a refund. As all the time, learn the nice print earlier than buying to confirm eligibility. You may also attain out to IMT’s customer support staff when you’ve got any doubts about whether or not the plan you wish to buy is roofed by this assure.
 

Execs of Utilizing InsureMyTrip

• Shortly evaluate plans from 20 corporations
• Pleasant buyer care representatives
• Simple-to-use web site for quick and free quotes
• Means to customise your plan with non-compulsory add-ons, equivalent to CFAR (Cancel for Any Cause)
• Three ensures for peace of thoughts (Finest Value, 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
• Will need to 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 happening journeys with set starting and finish dates which have main fastened and nonrefundable prices, as with IMT, you buy a coverage primarily based in your estimated journey prices. These might embody round-trip airfare, pay as you go lodging, all-inclusive trip packages (equivalent to cruises or resorts), or group tour packages.

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

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

On the flip aspect, IMT shouldn’t be an incredible possibility for digital nomads or long-term vacationers who’ve ongoing bills with no fastened finish date and subsequently gained’t have the ability to insure a visit with a particular price. (If that is you, check out this post on the best travel insurance for digital nomads.)

Journey insurance coverage is one thing I by no means depart dwelling with out. Issues can (and can) occur on the highway. Be ready by getting journey insurance coverage. It could actually prevent a whole lot (or 1000’s) of {dollars} in sudden prices and give you peace of thoughts and help ought to one thing go mistaken.

You can click here get a quote.

I by no means, ever depart dwelling with out journey insurance coverage. You shouldn’t both.