InsureMyTrip Journey Insurance coverage Evaluation (Up to date 2024)

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

Journey insurance coverage supplies a significant security web in opposition to sudden prices that will come up as a result of myriad issues that may go fallacious on the highway. That features the whole lot from sickness and harm to canceled flights and misplaced baggage to the loss of life of a member of the family again house.

I do know, it’s not enjoyable to consider, however journey insurance coverage is the one most necessary factor you should buy earlier than your journey. It’s one thing I strongly advise vacationers to by no means depart house with out (I purchase it for each single one among my journeys). I’ve seen it assist many, many individuals over time. Myself included.

It’s simpler than ever to discover a coverage that meets your wants and funds, particularly with instruments on the market like InsureMyTrip.

On this InsureMyTrip overview, I’ll go over what the corporate presents 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 website that has been serving to individuals discover their preferrred coverage since 2000. To be clear, which means that IMT doesn’t present any of the plans listed on its website. It doesn’t provide any insurance policies or underwrite any claims. As a substitute, it’s a market that makes it straightforward to seek out the perfect plan to fulfill your wants.

IMT searches all insurance policies throughout 20 insurance coverage corporations 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 in search of journey insurance coverage insurance policies elsewhere, solely to find that they don’t cowl your age vary (or different necessities you’ve).

I’ll get into who IMT is good 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 seek out the perfect plan for you. Clearly, this might take a ton of time to do your self in case you 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, due to InsureMyTrip’s Greatest Plans Assure, you understand that you simply’re solely seeing plans with a number of constructive rankings and opinions from precise clients.

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 numerous 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) advised plans and, as you possibly can see, the worth varies broadly amongst them.

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

The comparability web page appears to be like like this:

The evaluate instrument makes it straightforward to see the main points of various plans facet by facet. This manner you possibly can simply see at a look which of them work in your wants and which don’t. In the end, solely you possibly can determine whether or not you need increased protection limits and are prepared to pay a bit extra for them however the comparability characteristic makes it straightforward to determine.

Personally, I all the time suggest getting at the very least $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 publish on shopping for journey insurance coverage for extra info).

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

If that’s not sufficient to supply peace of thoughts, IMT additionally has a Cash Again Assure. This implies you can cancel the coverage throughout a overview interval (often 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 perfect coverage in your journey. These ensures embrace:

Worth Assure
InsureMyTrip’s Worth Assure implies that you received’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 presents absolutely the lowest costs whereas remaining absolutely compliant with all such laws. Don’t select a much less respected website for the sake of saving a couple of bucks, because it may create issues for you down the road if it’s good to depend on that insurance coverage.

Greatest Plans Assure
IMT guarantees to solely provide the highest plans available on the market. Utilizing knowledge sourced from over 100,000 actual buyer opinions, it frequently evaluates whether or not a supplier can stay a really helpful choice to shoppers. Every overview incorporates a score within the areas of protection, price, satisfaction, and claims (if any have been filed). Whenever you construct a customized quote, every plan may have a hyperlink to opinions, 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 throughout 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 fluctuate by coverage. Some additionally cost a nonrefundable administrative price to get your a refund. As all the time, learn the high-quality print earlier than buying to confirm eligibility. You may as well attain out to IMT’s customer support staff you probably have any doubts about whether or not the plan you wish to buy is roofed by this assure.
 

Professionals of Utilizing InsureMyTrip

• Shortly evaluate plans from 20 corporations
• Pleasant buyer care representatives
• Straightforward-to-use web site for quick and free quotes
• Skill to customise your plan with optionally available add-ons, reminiscent of CFAR (Cancel for Any Cause)
• Three ensures for peace of thoughts (Greatest Worth, Greatest 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 trying 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 (reminiscent of cruises or resorts), or group tour packages.

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

• Senior vacationers as they embrace plans for people 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 facet, IMT just isn’t an awesome choice for digital nomads or long-term vacationers who’ve ongoing bills with no mounted finish date and due to this fact received’t be capable to insure a visit with a particular price. (If that is you, try this publish on the perfect journey insurance coverage for digital nomads.)

Journey insurance coverage is one thing I by no means depart house with out. Issues can (and can) occur on the highway. Be ready by getting journey insurance coverage. It will probably prevent a whole lot (or hundreds) of {dollars} in sudden prices and give you peace of thoughts and assist ought to one thing go fallacious.

You may click on right here get a quote.

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