More Americans Protecting Their Vacations with Travel Insurance

ANCHORAGE, Alaska. July 31, 2018. As international travel grows in popularity, Americans are choosing to protect their vacation investments by purchasing travel insurance.

According to a recent AAA Travel survey, nearly 4 in 10 Americans (38 percent) are likely to purchase travel insurance for future international trips. For those travelers, trip cancellation protection is the most valuable benefit with 9 in 10 (88 percent) of those likely to purchase insurance saying that getting their money back, if they cancel a trip, is their top priority.

“From family emergencies to natural disasters, there are many unknowns that can throw an unexpected wrench into a planned vacation,” said Michelle Donati, spokeswoman for AAA Alaska. “Travelers are increasingly not taking chances and choosing to invest in the value and peace of mind that travel insurance can provide.”

After the cost of their trip (70 percent), the leading influencers for travelers deciding whether to purchase travel insurance are: personal or family health concerns (69 percent); how far in advance the trip is booked (61 percent); and recommendations to purchase insurance by friends or family (57 percent).

In addition to survey findings, AAA Travel data reflects an increase in demand for travel insurance and members choosing to protect their more expensive vacations. AAA’s domestic and international travel insurance sales have increased more than 20 percent year-to-date, with 13 percent more members overall opting to purchase travel insurance last year compared to 2016.

“The relatively small upfront cost of travel insurance can pay back dividends in the event of sudden and unforeseen circumstances before or during a vacation,” Donati said. “As policies and coverage options vary, travelers should consult a knowledgeable travel agent to explore their travel insurance options.”

AAA encourages travelers to keep in mind these advantages of travel insurance to protect their vacation investment: •You landed, your bags didn’t. Airlines mishandled more than 22 million bags in 2017. Travel insurance can provide coverage to replace needed items if luggage is delayed, damaged or stolen.

•Sick happens. Insurance may help cover medical expenses while traveling, internationally and in the United States. Many hospitals outside of the country require cash payments before providing treatment.

•Health insurance. Most health insurance policies don’t cover international travel. Travel insurance can help cover medical expenses and costly medical evacuation back to the United States in emergencies.

•Flight delays and cancellations. Airlines may not cover all the costs associated with a delayed or cancelled flight. Travel insurance can help reimburse expenses such as rebooking fees, meals and accommodations.

•Economic uncertainties. The loss of a job or other income may mean having to postpone a trip planned in advance. Travel insurance can help travelers recoup their costs when funds are tight.
AAA’s travel insurance research findings are the result of a telephone survey (landline and cell phone) consisting of 1,003 adults living in the continental United States. Interviewing for this survey was conducted June 21-24, 2018. This study has an average statistical error of ±4 percent at the 95 percent confidence level for all U.S. adults.

AAA has been a leader and advocate for the safety and security of all travelers since it was founded more than 100 years ago. Visit

Michelle Donati