For any international traveler, travel insurance has become the most important accessory due to our unpredictable world. In case plans go awry, travel insurance can aid travelers in protecting the financial investment they made in their vacation. However, with so many travel insurance companies in the market, it gets difficult to choose a trustworthy and efficient one. Therefore, to offer some ease in your travels and take one burden off your shoulders, we researched and came up with a list of the top 10 best travel insurance companies that are equal parts, efficient and trustworthy. Without further ado let’s explore the 10 best travel insurance companies that will provide you much-needed aid on your travels. Let’s begin:
Top 10 Best Travel Insurance Companies – A Quick Glance
Top 10 Best Travel Insurance Companies – A Quick Overview
Given below are brief overviews of top 10 best travel insurance companies along with their cost. Give the article a read to pick out the travel insurance company that best fits your needs
1. Travelex Insurance Services – Best Overall among the 10 Best Travel Insurance Companies
Travelex Insurance Services is a top-notch travel insurance company and number one among the top 10 best travel insurance companies. This travel insurance company provides a wide range of plans for not only international but also domestic travel, offering two main travel insurance plans namely Travel Basic and Travel Select. Travelex also offers a U.S. specific Travel American plan and lets travellers tailor the policy in accordance with their unique needs. Travelers can also opt for optional add-ons to compose a policy as they see fit.
Budget-conscious travelers looking for an affordable travel insurance plan, one that covers all the essentials of their travels should opt for Travelex’s Travel Basic plan, which is also recommended for short, domestic vacations. However, on the other hand, if you are traveling internationally and are coveting overall coverage, then the Travel Select plan is the best one for you. Travel Select plan also offers optional upgrades that aren’t available with the Travel Basic plan. These upgrades include:
- Adventure sports coverage
- Cancel for any reason coverage
- Higher medical expense limits
Travel America plan can provide coverage for up to 8 travellers on ventures within the United States. The benefits of this plan include:
- Security deposit protection
- Trip inconvenience coverage
- Trip cancellation
- Roadside assistance
- Secondary coverage for medical emergencies and much more
| Coverage type | Travel Basic Plan | Travel Select Plan | Travel America Plan | |
| Medical evacuation per person | $100,000 | $500,000 | $250,000 | |
| Trip cancellation | 100% of insured trip cost | 100% of insured trip cost | 100% up to $750 | |
| Trip interruption | 100% of insured trip cost | 150% of insured trip cost | 150% of insured trip cost, up to $1,125 | |
| Emergency medical expense per person | $15,000 (primary) | $50,000 (primary) | $50,000 (secondary) | |
| Travel delay per person | $500/$250 per day; five-hour wait | $2,000/$250 per day; five-hour wait | $2,000 | |
| Baggage and personal effects per person | $500 | $1,000 | $2,000 | |
| Baggage delay per person; with 12-hour wait per person | $100 | $200 | $1,000 | |
| AD&D per person | $10,000 | $25,000 | $25,000 | |
| Missed connection per person | $500 | $750 | $2,000 | |
| “Cancel for any reason” | No | Optional | None | |
| Pre-existing medical condition exclusion waiver available | No | Yes | Yes | |
| Sports equipment delay | No | $200 | $2,000 | |
| Adventure sports | No | Optional | No | |
| Children included in pricing | No | Yes | 8 traverlers | |
2. Allianz Travel Insurance – Best for CFAR among the 10 Best Travel Insurance Companies
For travelers coveting more travel insurance options, Allianz Travel Insurance is an ideal option as the company offers a selection of 10 travel insurance plans. These plans are developed to cater to the needs of different kinds of travellers. With Allianz Travel Insurance you can either purchase coverage for a specific trip or opt for an annual/multi-trip travel insurance plan if you are an avid and frequent traveler. The travel insurance company offers several levels of coverage for a specific trip and each plan comes with its own coverage limits and inclusions. The single-trip options offered by the insurance company range from OneTrip Basic to OneTrip Prime.
| Travel insurance benefit | OneTrip Basic | OneTrip Prime | OneTrip Premier | OneTrip Emergency Medical | OneTrip Cancellation Plus | |
| Trip cancellation insurance | $10,000 | $100,000 | $200,000 | None | $5,000 | |
| Trip interruption insurance | $10,000 | $150,000 | $300,000 | None | $5,000 | |
| Travel medical expense insurance | $10,000 | $50,000 | $75,000 | $50,000/$10,000 in travel accident coverage | – | |
| Medical evacuation travel insurance | $50,000 | $500,000 | $1 million | $250,000 | – | |
| Baggage insurance | $500 | $1,000 | $2,000 | $2,000 | – | |
| Baggage delay insurance | $200 with 12-hour wait | $300 with 12- hour wait | $600 with 12-hour wait | $600 with 12- hour wait | – | |
| Travel delay insurance | $300 with 6-hour wait | $800 with 5-hour wait | $1,600 with 3-hour wait | $1,000 with 6-hour wait | $150 with 6-hour wait | |
| 24-hour hotline assistance | Yes | Yes | Yes | Yes | Yes | |
| Concierge service | No | Yes | Yes | Yes | No | |
| Epidemic coverage endorsement | Yes | Yes | Yes | Yes | Yes | |
| Pre-existing medical condition exclusion waiver | Yes | Yes | Yes | Yes | No | |
| “Cancel anytime” upgrade available | No | Yes | Yes | No | No | |
| Change fee coverage | No | $500 | $1,000 | No | No | |
The annual and multi-trip insurance plans are suitable for those who tend to take multiple trips throughout the year.
| Travel insurance benefit | AllTrips Basic | AllTrips Prime | AllTrips Premier | AllTrips Executive |
| Trip cancellation insurance | – | $3,000 | $2,000, $5,000, $10,000 or $15,000 | $5,000, $7,500 or $10,000 |
| Trip interruption insurance | – | $3,000 | $2,000, $5,000, $10,000 or $15,000 | $5,000, $7,500 or $10,000 |
| Travel medical expense insurance | $20,000 | $20,000 | $50,000 | $50,000 |
| Medical evacuation travel insurance | $100,000 | $100,000 | $500,000 | $250,000 |
| Baggage insurance | $1,000 | $1,000 | $2,000 | $1,000 |
| Baggage delay insurance | $200 with 12- hour wait | $200 with 12-hour wait | $2,000 with 12-hour wait | $1,000 with 12-hour wait |
| Travel delay insurance | $600 with 6- hour wait | $600 with 6-hour wait | $1,500 with 6- hour wait | $1,600 with 6-hour wait |
| Travel accident | $25,000 | $25,000 | $50,000 | $50,000 |
| Rental car damage and theft | $45,000 | $45,000 | $45,000 | $45,000 |
| 24-hour hotline assistance | Yes | Yes | Yes | Yes |
| Concierge service | Yes | Yes | Yes | Yes |
| Pre-existing medical condition exclusion waiver | Yes | Yes | Yes | |
| Epidemic coverage endorsement | Yes | Yes | Yes | Yes |
3. Seven Corners – Best Customer Service among the 10 Best Travel Insurance Companies
In our top 10 best travel insurance companies list, the company that has the most top-notch customer service is Seven Corners. Seven Corners offers various travel insurance plans for U.S. travelers going on domestic and international trips. The company also offers student travel insurance, medical insurance, group travel insurance, and annual travel insurance. Optional add-ons like “cancel for any reason” coverage, coverage for sports and golf equipment rental, and rental car damage are also available.
| Plan | Benefits | Cost |
| RoundTrip Basic | * Trip cancellation for any reason (optional) * Trip interruption * Medical coverage * Medical evacuation * Baggage delay * Baggage loss * Trip delay * 24/7 travel assistance | Starting at $52 per person |
| RoundTrip Choice | * All RoundTrip Basic benefits * Cancel for any reason * Interruption for any reason * Increased medical coverage * Increased baggage coverage * Sports equipment coverage | Starting at $94 per person |
| RoundTrip Elite | * All RoundTrip Choice benefits * Increased trip cancellation and interruption benefits * Increased medical coverage * Increased baggage coverage * Concierge services | Starting at $138 per person |
| Liaison Travel Medical | * Medical coverage * Medical evacuation * 24/7 travel assistance | Starting at $31 per person |
| Liaison Plus | * All Liaison Travel Medical benefits * Trip interruption * Baggage delay * Baggage loss * Trip delay | Starting at $54 per person |
The cost of insurance mentioned in the above table is for a single traveller going on a 7-day trip to Europe. The cost of insurance can vary depending on the destination, traveller’s age, and trip duration.
4. World Nomads – Ideal for Adventure Travelers among the 10 Best Travel Insurance Companies
World Nomads travel insurance company specializes in selling customizable travel insurance policies that vary in terms of price and coverage based on your needs and requirements. Word Nomads was made a part of the 10 best travel insurance companies list as its policy inclusions are not only broad but in contrast to other companies, World Nomads covers 200 plus adventure sports including mountain biking, bungee jumping, skiing, scuba diving, and much more, in its strand insurance policy.
The company generally offers travelers a choice between two travel insurance plans namely, Standard Plan and the Explore Plan, when they apply for a free quote from the travel company. The Standard Plan is more affordable but provides a lower level of coverage, while on the other hand, the Explorer Plan offers a more robust coverage but is expensive as compared to the Standard Plan.
| Coverage type | Standard Plan Maximum Limits | Explorer Plan Maximum Limits |
| Emergency Medical Expenses | $5 million | $10 million |
| Non-GHIP Emergency Medical Expense | $40,000 | $40,000 |
| Meals and Accomodation | $1,500 | $2,500 |
| Emergency Dental for Injury | $1,000 | $2,000 |
| Emergency Dental for Sickness | $500 | $500 |
| Bedside Companion Travel and Subsistence | $1,500 | $1,500 |
| Emergency Professional Services | $250 | $250 |
| Emergency Evacuation and Repatriation | $500,000 | $500,000 |
| Trip Cancellation | $2,500 | $5,000 |
| Trip Interruption | $2,500 | $5,000 |
| Trip Delay | $700 | $1,400 |
| Travel Accident | $10,000 | $25,000 |
| Flight Accident | $50,000 | $100,000 |
| Baggage and Personal Effects Theft or Damage | $1,000 ($500 per item limit) | $3,000 ($1,000 per item limit) |
| Baggage Delay | $100 (after a 12-hour delay) | $500 (after a 12-hour delay) |
| Travel Documents Theft or Damage | $200 | $1,000 |
| Sporting Equipment Theft or Loss by a Common Carrier | $1,000 ($500 per item limit) | $2,500 ($500 per item limit) |
| Sporting Equipment Delay | $400 (after a 12-hour delay) | $1,500 (after a 12-hour delay) |
5. AXA Assistance USA – Offers Top-Notch Protection among the 10 Best Travel Insurance Companies
AXA Assistance USA offers three comprehensive plans that travelers, cruisers, vacationers, and tourists can opt for to cover all sorts of travel-related problems like missed flights, trip cancellations, lost luggage, illness, and injuries. The three plans offered by the company are named, Platinum plan, Silver plan, and Gold plan. Among these, the highest-rated plan is the Platinum plan which offers the best coverage and protection. Depending on your AXA Assistance USA plan you can also add a collision damage waiver as well as “cancel for any reason” coverage.
| Plan | Benefits | Cost |
| Silver | * Trip cancellation * Trip interruption * Emergency medical coverage * Emergency medical evacuation * Baggage delay * Baggage and personal effects * Missed connection * Trip delay | Starting at $49 per person |
| Gold | * All Silver benefits * Increased trip cancellation and interruption benefits * Increased emergency medical coverage * Increased baggage coverage * Non-medical emergency evacuation * Accidental death and dismemberment * Common carrier accidental death and dismemberment | Starting at $69 per person |
| Platinum | * All Gold benefits * Cancel for any reason * Increased emergency medical coverage * Increased baggage coverage * Increased emergency medical evacuation * Accidental death and dismemberment * Common carrier accidental death and dismemberment | Starting at $99 per person |
The cost of insurance mentioned above is for a single traveler, on a 7-day trip to Europe, and can vary depending on the destination, traveller’s age, and trip duration.
6. AIG Travel Guard Insurance – Best for Cruisers among the 10 Best Travel Insurance Companies
AIG Travel Guard is an ideal insurance company for last-minute travelers, vacationers, and those who take multiple trips throughout the year. The company offers five insurance plans, namely, AIG Travel Guard Deluxe, AIG Travel Guard Preferred, AIG Travel Guard Essential, AIG Travel Guard Pack N’ Go, and AIG Travel Guard Annual plan. The insurance company also offers optional add-ons with travel insurance plans like rental car damage coverage, the wedding package, the pet bundle, and an adventure add-on.
| Plan | Benefits | Cost | |
| Pack N Go | * Emergency medical coverage * Emergency medical evacuation * Baggage delay * Baggage and personal effects * Trip delay * 24/7 travel assistance | Starting at $49 per person | |
| Essential | * Trip cancellation * Trip interruption * Emergency medical coverage * Emergency medical evacuation * Baggage delay * Baggage and personal effects * Trip delay * 24/7 travel assistance | Starting at $59 per person | |
| Preferred | * All Essential benefits * Cancel for any reason * Increased trip cancellation and interruption benefits * Increased emergency medical coverage * Increased baggage coverage * Adventure sports coverage * Pre-existing medical condition waiver | Starting at $99 per person | |
| Deluxe | * All Preferred benefits * Increased trip cancellation and interruption benefits * Increased emergency medical coverage * Increased baggage coverage * Concierge services * Bedside visit | Starting at $139 per person | |
| Annual | * Trip cancellation * Trip interruption * Emergency medical coverage * Emergency medical evacuation * Baggage delay * Baggage and personal effects * Trip delay * 24/7 travel assistance | Starting at $299 per person | |
7. Generali Global Assistance – Ideal for Emergency Situations among the 10 Best Travel Insurance Companies
Generali Global Assistance made it to our list of the top 10 best travel insurance companies as it provides top-notch benefits at a decent average price. The insurance company offers excellent trip interruption isurance and also includes coverage for damaged, stolen, lost, and delayed sports equipment. Generali Global Assistance offers travellers three travel insurance plans and gives them the option to customise them according to their needs and requirements, the three plans offered by the travel insurance company are: Standard plan, Preferred plan, and Premium plan. The Standard plan offers the lowest level of coverage, whereas, the other hand, the Premium plan provides more coverage and is designed for travellers going on international tours, cruises, or have expensive activities planned.
| Coverage | Standard | Preferred | Premium |
| Covid | Yes | Yes | Yes |
| Trip cancellation with 100% reimbursement of trip cost | Yes | Yes | Yes |
| Emergency medical expenses, per person | $50,000 | $150,000 | $250,000 |
| Emergency medical evacuation, per person | $250,000 | $500,000 | $1 million |
| Trip interruption, % of trip cost | 125% | 150% | 175% |
| Travel delay, daily per person (up to $1,000 limit per person)/wait time | $150/10 hours | $200/eight hours | $300/six hours |
| Lost, stolen baggage per person | $1,000 | $1,500 | $2,000 |
| Baggage delay, per person/wait-time | $200/24 hours | $300/18 hours | $500/12 hours |
| Sporting equipment, per person total/daily limit/wait-time | No | $1,500/$300/18 hours | $2,000/$500/12 hours |
| Pre-existing medical condition waiver | No | No | Optional |
| “Cancel for any reason” coverage | No | No | Optional |
8. GoReady Insurance Travel – Most Cost Efficient among the 10 Best Travel Insurance Companies
GoReady harbors the most affordable travel insurance plan i.e., GoReady Choice plan among the 10 best travel insurance companies. The travel insurance company offers a wide range of plans that are ideal for adventurers, international travelers, cruisers, and vacationers. Travelers will be able to find everything from a basic trip cancellation policy to a comprehensive insurance place that takes care of COVID-related problems. The insurance company also offers access to 24/7 travel assistance services that include lost luggage help, identity theft, restaurant recommendations, pre-trip planning, hotel recommendations, medication assistance, medication repatriation, and translation services.
| Plan | Benefits | Cost | |
| Choice | * Trip cancellation for any reason (optional) * Trip interruption * Medical coverage * Medical evacuation * Baggage delay * Baggage loss * Trip delay * 24/7 travel assistance | Starting at $42 per person | |
| VIP | * All Choice benefits * Sports equipment coverage * Bedside visit * Adventure sports coverage * Pre-existing medical condition waiver | Starting at $70per person | |
| Cruise | * Cancel for any reason * Trip cancellation and interruption benefits * Medical coverage * Baggage coverage | Starting at $65per person | |
| Pandemic Plus | * All Plus benefits * COVID-19 medical coverage * COVID-19 quarantine coverage * COVID-19 trip interruption coverage | Starting at $63per person | |
9. HTH Travel Insurance – Best One for Groups among the 10 Best Travel Insurance Companies
HTH Travel Insurance offers its consumers a wide range of options that cater to various traveling needs and requirements. Travelers have the option to purchase medical-only coverage for single or multiple trips, standalone trip cancellation coverage, and much more. The insurance company also offers comprehensive single-trip coverage. Business travellers, vacationers, as well as students can opt for HTH travel insurance plans as they offer coverage for various travel-related problems like lost luggage, trip delays, and medical emergencies.
| Plan | Benefits | Cost |
| Single Trip Essential | * Trip cancellation and interruption benefits * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $54 per person |
| Single Trip Preferred | * All Single Trip Essential benefits * Cancel for any reason * Increased trip cancellation and interruption benefits * Increased medical coverage * Increased baggage coverage | Starting at $79 per person |
| TripProtector Preferred | * Trip cancellation for any reason (optional) * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $79 per person |
| TripProtector Economy | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $69 per person |
| ValueTrip Basic | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $59 per person |
| ValueTrip Choice | * All ValueTrip Basic benefits * Cancel for any reason * Increased trip cancellation and interruption benefits * Increased medical coverage * Increased baggage coverage | Starting at $89 per person |
| Maritime Crew | * Medical coverage * Medical evacuation * 24/7 travel assistance | Starting at $59 per person |
| Missionary | * Medical coverage * Medical evacuation * 24/7 travel assistance | Starting at $59 per person |
| Student | * Medical coverage * Medical evacuation * 24/7 travel assistance | Starting at $59 per person |
10. Trawick International – Best for Vacation Rental Insurance among the 10 Best Travel Insurance Companies
When it comes to the lineup of travel insurance policy offerings, Trawick International takes the spotlight, providing plans for nearly every type of trip as well as varying degree coverage. The travel company offers several levels of trip cancellation insurance as well, in addition to adventure-focused, cruise-specific, annual, vacation rental, and “cancel for any reason” plans. When it comes to travel assistance the travel insurance company offers 24/7 help which includes finding a hospital or a pharmacy, language translation, replacing a lost passport, and locating a U.S embassy.
| Plan | Benefits | Cost | |
| Safe Travels Explorer Plus | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $52 per person | |
| Safe Travels Explorer | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $49 per person | |
| Safe Travels Annual Basic | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * 24/7 travel assistance | Starting at $299 per person | |
| Safe Travels Annual Deluxe | * All Safe Travels Annual Basic benefits * Cancel for any reason * Increased trip cancellation and interruption benefits * Increased medical coverage * Increased baggage coverage | Starting at $399 per person | |
| Safe Travels Annual Executive | * All Safe Travels Annual Deluxe benefits * Increased trip cancellation and interruption benefits * Increased medical coverage * Increased baggage coverage * Concierge services | Starting at $499 per person | |
| SafeTreker | * Trip cancellation * Trip interruption * Medical coverage * Medical evacuation * Baggage loss * Baggage delay * Trip delay * Adventure sports coverage * 24/7 travel assistance | Starting at $79 per person | |
Top 10 Vacation Spots in the USA: The Ultimate Bucket List
How about selecting a travel insurance company from the top 10 best travel insurance companies list given above and then hitting the road to visit the top 10 vacation spots the Land of Liberty harbours? To know more about these vacation spots, click the heading.
