By
eHow Personal Finance Editor
Difficulty: Moderately Easy
Things You’ll Need:
- Inventory of travel items
- Travel itinerary
Step1
Examine your health care policy to determine if medical coverage by travel insurance policies is a better option during your trip. If you get coverage through your parents, you will likely have sufficient coverage outside of travel insurance. You should add on coverage if you get short term insurance or coverage through your university.
Step2
Request quotes from student travel insurance providers based on the length of your travels. Providers have different programs for spring break vacations and semesters abroad, with a wide range of insurance premiums.
Step3
Buy your student travel insurance at least four weeks ahead of your trip to ensure sufficient coverage. Aspects of your insurance policy including business default or travel disruption require adequate lead time to arrange for new accommodations.
Step4
Make sure that you purchase a travel insurance policy with flight and travel disruption coverage. The constant threat of canceled and postponed flights as well as the uneven quality level of international carriers make this coverage a necessity.
Step5
Document each item that you will bring with you in your travels to purchase sufficient insurance. Insurance providers provide different tiers of coverage based on the value of your luggage to provide you with reimbursement or replacement at a fair rate.
Step6
Shop around for student travel companies that provide several avenues for customer service, no matter where you are in the world. The travel insurance you purchase should entitle you to 24-hour coverage with directory assistance and other travel planning tools available online or over the phone.
Step7
Organize fellow student travelers to purchase insurance policies at a group rate. Universities and individual travel groups are able to get reduced rates for each traveler if they provide a regular source of business for the insurance provider.