BBB of Wisconsin: Travel Insurance High in Inquiries

June 2, 2013

Before you finalize your vacation plans, be sure you have given careful thought to whether you need to purchase travel insurance. There are circumstances that could cause you to cancel your trip, return home early or force you to seek emergency medical treatment while traveling. Travel insurance may provide the extra protection you need.

Before you purchase coverage, check your homeowner’s or medical insurance policies to avoid any overlapping. For instance, expensive items such as your camcorder, laptop, computer or jewelry may be covered by your homeowner’s insurance should they be stolen while you are traveling. If the airline loses your checked luggage, they are required to reimburse you for your bags (up to a certain dollar amount). Or, if you become sick or injured while traveling, your personal medical insurance firms differ in what they cover, so be sure to ask.

“Inquiries of insurance companies have been in the top ten inquiries to our office consistently since the beginning of the year,” says Ran Hoth, BBB of Wisconsin CEO/president. “In particular, inquiries concerning travel insurance have been in the top three. This tells us consumers are doing their research and checking before they purchase.”

Some of the different types of insurance available include:

Trip Cancellation/Interruption (TCI) – If your plans suddenly change and you have to cancel or end your trip early, TCI will cover you for this. But, it will only reimburse you for reasons on the insurer’s acceptable list, such as, injury, sickness, death of yourself, a family member, a traveling companion or business partner. Some policies will cover only medical reasons and some will not cover pre-existing medical conditions. It is very important to read the fine print.

Emergency Medical Evacuation – If you are going on an adventure vacation or to an area that is far from modern medical facilities, it may be a good idea to buy this coverage. If adequate treatment is not available at a local hospital, you would be transferred to the nearest adequate medical facility.

Baggage Loss – This coverage reimburses you for lost, stolen or damaged bags. Before packing, be sure to make a list of everything; if your bag is lost, you may be reimbursed for some contents, but not all.

The BBB, along with Consumer Reports, advise the following:

•Read the fine print. Know exactly what coverage you are getting or not getting.
•Consider buying your travel insurance from an independent firm, rather than from the tour operator or cruise line.
•Protect yourself further by paying with a charge card.
•Baggage-loss protection is only necessary if you are carrying more than $2,500 worth of items in your bags. Be sure to check your homeowner’s policy.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Whitefish Bay boys basketball team rallies past Nicolet, 79-74 2/5

» Meet and greet the Mequon-Thiensville School Board candidates Feb. 10 2/5

» Video: DOT proposes 'Michigan left' intersection at Brown Deer, Green Bay roads Updated:  2/5

» Young Brown Deer boys fearless in face of intense schedule 2/3

» Police situation closes I-43 ramp 2/3

» Area swim teams perform well at State Small Schools 2/3

» Master Greg Chay talks discipline, respect at new Mequon Chay's Tae Kwon Do location 2/3

» Glendale hotel could be flipped into apartment complex 2/3

» Revamped Chekouras tourney a tribute to late Homestead basketball coach 2/3

» Brown Deer boys basketball team knock off unbeaten Eisenhower 2/3

» Shorewood girls basketball team roars past Tosa West, keeps Woodland lead 2/3

» Homestead hockey team races to NSC title 2/3

» SPORTS SHORTS: Feb. 4 2/3

» North Shore Kids Expo connects families with activities 2/3

» Homestead girls basketball team beats Gerrmantown, tightens NSC 2/2

» County Board Chair Lipscomb claims 43 parks in danger of being sold 2/2

» Homestead High School threat suspect reportedly no longer in Mequon-Thiensville district 2/2

» Video: Shorewood will present 'American Idiot' musical based on Green Day album 2/1

» Updated rankings of area prep boys and girls basketball teams and players 2/1

» Positive and uplifting stories in suburban Milwaukee and Lake Country in January 2/1

» Rumage Around column: Classmates help bring more color to boy with color blindness Updated:  2/1

» Brown Deer hands Eisenhower first loss in 3 OTs, 102-99 1/30

» Gerhards Kitchen and Bath coming to Whitefish Bay Updated:  1/29

» Raw video: Driver runs over 36 parking meters in Whitefish Bay Updated:  1/29

» Suspect in fiery Brown Deer crash arrested in Cincinnati 1/28

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

2015 Year in Review

 

Take a look back at 2015 through news and sports coverage from MyCommunityNow and your local Now newspapers.

Local Business Directory

CONNECT    

Advertisement