This is where travel insurance can soften the blow.
Typically it covers medical emergencies, trip cancellation, trip interruption, delays, medical needs, and lost, damaged, or stolen luggage.
On the other hand, it may not cover glasses, hearing aids, dental bridges, tickets, passports, keys, cash, cell phones and rental car damage; however, your credit card or renters insurance may cover some of these expenses.
So let’s get to the cost: Like any insurance, costs vary; however, you can expect to pay between 4-12% of your total trip cost.
Now the proverbial question . . . Is it worth it?
Just recently, we had a trip canceled due to Omicron variant that covered $3,500 in expenses and we paid $140 for the coverage which totaled 4% of the total cost.
So In my opinion the answer is yes. In fact, I have used it on more than one occasion and it has saved me over $10,000.
The bottom line is that you can’t predict the future and it takes just one missed trip over several vacations to reap the value that the insurance provides.