Travelers can compare travel insurance rates through third-party websites, such as InsureMyTrip.com and SquareMouth.com, that offer an abundance of different offers for them to peruse, reports USA Today. They can also call individual insurance companies directly to compare plans, advises Frommer's. Tour operators, travel agents and cruise lines often do not offer reliable information about travel insurance.
Before comparing travel insurance rates, travelers need to decide whether they want comprehensive coverage or a specific type of insurance, explains Rick Steves. Trip cancellation coverage reimburses upfront costs when travelers cannot take the trip they plan, and interruption coverage refunds part of the cost when emergencies arise to cancel part of a trip. Medical insurance covers illnesses or accidents that travelers encounter while overseas, and evacuation insurance pays for emergency medical airlifts. Baggage insurance protects valuables in a traveler's luggage.
Before purchasing travel insurance, travelers should check if they have overlapping coverage from existing policies, according to Consumer Reports. For instance, a traveler's standard homeowners, health, life and auto insurance may cover some losses. Additionally, if travelers watch their luggage, baggage insurance may be redundant. Sometimes credit card companies offer reimbursement for flight cancellations and lost luggage if travelers use their cards to pay for the trip, adds USA Today.