-
Step 1
Forget about insuring your flight tickets, unless they are somehow part of a larger vacation package that is pre-paid and non-refundable. Unused air tickets can usually be exchanged, at least for future flights.
-
Step 2
The wisest vacations to insure are those such as sea cruises or packaged tours, which are often quite expensive and usually require full pre-payment well in advance.
-
Step 3
Don't bother insuring your luggage, unless you actually have ultra-expensive items that you absolutely need to carry along. A better bet would be shipping these things instead through a national company, where you can purchase insurance very affordably.
-
Step 4
One way to insure a vacation is through a large company such as TravelSafe, which has been in business for decades and covers everything from health emergencies to trip cancellation to hurricanes and terrorism.
-
Step 5
Many tour package companies and cruise ships offer insurance as well, either for insuring what happens on the trip itself or insuring in advance your possible cancellation of the trip. There is normally a strict window of time on this opportunity, such as having to purchase trip-cancellation insurance within 48 hours of booking your trip and having to give cancellation notice within, for example, 72 hours.
-
Step 6
Research your options when deciding to purchase trip insurance. There are online broker sites such as insuremytrip.com that will help you track down some estimates pretty easily.
-
Step 7
Don't assume all insurance companies are trustworthy. You can check with your local state insurance department to see if a company is licensed. Or consider contacting the National Association of Insurance Commissioners to determine if any complaints have been recorded against an insurance provider.
