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Is Travel Insurance Worth It When You Visit the U.S?

Traveling is a unique way for us to spend free time with ourselves, our family, and our friends. When visiting the United States, the first thought that comes to mind is whether travel insurance in Canada is worthwhile. Should it provide us with security while we are on vacation or in any other way?

Travelers are protected by insurance for travel trailers in case of an emergency. It can pay for costs associated with receiving medical attention, losing luggage, and missing flights. While having travel insurance is not necessary when visiting the US, it is highly advised, especially if you are coming from another nation.

You’ve finally accumulated enough cash to take that much-anticipated trip to the United States. You’ve carefully planned the vacation and are eager to see everything that the nation has to offer. Before you purchase your tickets, there is one more item you should think about: Travel insurance Canada. Purchasing travel insurance for a trip in the U.S make sense for travelers.

What Does Travel Insurance Cover? 

Let’s first look at what travel insurance covers before we discuss whether it is worthwhile to purchase it for a trip to the United States. Typically, the following are covered by most travel insurance policies:

Trip Cancellation/Interruption – Your travel insurance will compensate you for any non-refundable costs, such as airline tickets or hotel reservations if you have to postpone or cancel your trip due to a covered reason such as illness, jury duty, or bad weather. 

Medical Expenses –Your travel insurance will assist in covering the cost of any necessary emergency medical care and return transportation home if you become ill or injured while on your trip.

Baggage Loss/Delay –Your airline may refund you up to a specific amount for necessities like clothing and toiletries if your baggage is lost or delayed.

Since we fully understand it. Let us answer the following questions. 

Here’s why travel insurance is worth it when traveling the U.S

The U.S. Has Expensive Medical Care – If you become harmed or unwell while traveling, you’ll probably need to go to the hospital for treatment. Additionally, hospital expenses in the US can be very high even with travel insurance in Canada. Current research indicates that the average cost of a three-day hospital stay in the US is $30,000. If you didn’t have travel insurance, you would have to pay for all of these costs out of pocket, which may ruin both your finances and your trip.

The U.S.’s Weather Can Be extreme –The United States is a sizable nation with a wide range of climates. Additionally, the weather can vary greatly depending on where you go, with tornadoes in the Midwest, hurricanes on the East Coast, and wildfires in California. Travel insurance can cover any non-refundable costs, such as airline tickets or hotel reservations if bad weather forces you to postpone or cancel your trip.

Your Airline May Lose Your Baggage – Baggage mishandling rates are at an all-time high, with around 6 bags being lost or delayed for every 1,000 passengers in 2018 (up from 5 bags per 1,000 passengers in 2017), according to SITA, an airline technology company. Therefore, travel insurance can help you get reimbursed for necessary items like clothes and toiletries if your airline loses your luggage while you’re traveling to the U.S.

How Much Does Travel Insurance Cost?

The price of travel insurance will vary based on a variety of variables, including the length of your trip, your destination, and the kind of coverage you require. However, you should budget between 4% and 10% of the overall cost of your trip for a detailed plan. You might anticipate paying between $200 and $500 for travel insurance, for instance, if the entire cost of your trip is $5,000.

Is Travel Insurance Worth It?

You are ultimately responsible for deciding whether or not to buy travel insurance. The answer to this question depends on several factors, including the type of policy you’re considering and your risk tolerance. 

However, we advise that you buy travel insurance if you’re thinking about visiting the US. It’s critical to have adequate coverage in case of an emergency because the expense of medical care in the U.S. is substantially greater than in the majority of other nations.

There are a few things you should keep in mind when deciding whether or not travel insurance is right for you:

  1. The cost of your trip- Travel insurance may be worthwhile to purchase in case something goes wrong and you need to cancel your trip if you’re planning a lavish vacation that includes first-class travel and five-star accommodations. Travel insurance coverage may not be worthwhile if you’re planning a low-cost vacation because of the cost of the policy relative to the overall cost of your trip.
  2. Your health- Make sure your travel insurance coverage will cover any potential medical problems that may arise while you’re away from home if you have prior medical conditions or are taking medicine that needs to be refilled regularly.
  3. The length of your stay- The risk that something could go wrong on your vacation is higher the longer you want to remain in the United States. The risk is reduced if you’re only there for a week or two, so you might opt against purchasing travel insurance.
  4. Your destination- If you intend to travel to several American cities or regions, be aware that some places might be riskier than others. For instance, you might want to think about getting travel insurance if you’re planning a trip to New York City in case of an emergency like lost luggage or a flight cancellation due to bad weather. The danger is reduced, therefore you might decide against purchasing travel insurance if you’re going to Myrtle Beach, South Carolina.
  5. The activities you plan to do- Before getting travel insurance, be sure to find out if the risky activities you intend to partake in while visiting the US like skydiving or rock climbing are covered by the policy. Before purchasing a policy, it’s vital to read the tiny print as some policies completely exclude high-risk activities from coverage.

     

All things considered, purchasing travel insurance for a trip to the United States is worth it. With expensive medical care, extreme weather conditions, and high rates of baggage mishandling, there are just too many potential risks without coverage.