Traveling is exciting, but it can also be unpredictable. From delayed flights to unexpected illnesses, there are plenty of reasons why you might need travel insurance. In 2023, the best travel insurance companies will offer comprehensive medical coverage and travel interruption insurance. Here are the top travel insurance companies to consider for your next trip, along with their pros and cons:
1. World Nomads
World Nomads is a popular choice for travelers because of its flexibility. The company offers coverage for adventure activities, and it allows you to extend your policy while you’re on the road. World Nomads also has 24/7 customer service, which can be a lifesaver when you’re in a foreign country. The downside of World Nomads is that its coverage can be more expensive than other options.
2. Allianz Global Assistance
Allianz Global Assistance is another top travel insurance company for 2023. It offers a wide range of plans, including coverage for medical emergencies, trip cancellation, and baggage protection. Allianz also has a helpful app that can be used to manage your policy and file claims. However, some customers have reported issues with the claims process, which can be frustrating if you need reimbursement quickly.
3. Travelex Insurance Services
Travelex Insurance Services is known for its affordable plans and excellent customer service. The company offers coverage for medical emergencies, trip cancellation, and travel interruption, as well as 24/7 assistance. Travelex also has a straightforward claims process, which can be a relief if you’re dealing with unexpected expenses on your trip. The downside of Travelex is that it may not offer as much coverage as other companies, so it’s important to read the fine print before purchasing a policy.
4. Berkshire Hathaway Travel Protection
Berkshire Hathaway Travel Protection is a newer player in the travel insurance industry, but it has quickly gained a reputation for excellent coverage and customer service. The company offers a variety of plans, including coverage for medical emergencies, trip cancellation, and travel interruption. Berkshire Hathaway also has a unique “AirCare” policy that covers flight-related issues, such as delays and lost luggage. The downside of Berkshire Hathaway is that its plans can be more expensive than other options.
5. Seven Corners
Seven Corners is a top choice for international travelers because of its comprehensive coverage. The company offers medical coverage, trip cancellation, and travel interruption insurance, as well as coverage for pre-existing conditions. Seven Corners also has a 24/7 emergency assistance team, which can be invaluable when you’re traveling in a foreign country. The downside of Seven Corners is that its plans can be more expensive than other options, and the claims process can be complicated.
6. Travel Guard
Travel Guard is another top travel insurance company for 2023. The company offers a variety of plans, including coverage for medical emergencies, trip cancellation, and travel interruption. Travel Guard also has a helpful app that can be used to manage your policy and file claims. The downside of Travel Guard is that its plans can be more expensive than other options, and some customers have reported issues with the claims process.
When you’re planning a trip, travel insurance is an essential purchase. With the right coverage, you can have peace of mind knowing that you’re protected in case of unexpected events. Consider these top travel insurance companies for 2023, and choose the one that offers the best combination of coverage, affordability, and customer service for your needs.
