How to Get Lost Baggage Insurance

Lost baggage insurance is for both domestic and international flights. The cost and replacement of luggage varies. Checked baggage on domestic flights is covered up to $2,500, while international flights only cover about $600 if your baggage is lost. This is a long and painful process, so get your lost baggage insurance before heading for the airport. Here's how.

Difficulty: Easy

Instructions

1. Contact your homeowners insurance carrier. Some homeowners insurance covers lost items. Find out what your insurance policy covers and whether you need to purchase this additional lost baggage insurance. If your insurance company does cover your baggage or offer a policy, ask what the insurance will cover and get a quote.

2. Ask your insurance agent questions. If the insurance covers only $1,000 in lost baggage ask if there are restrictions on what baggage you lost. Ask the insurance representative if the lost baggage insurance policy requires you to prove what is in the baggage. Find out how long it will take to be awarded the insurance claim money. Ask if the insurance covers carry-on bags. Ask every little detail. You want insurance that you can use easily and quickly if you are stuck in a foreign country without your bags.

3. Shop around. Now that you have one quote in hand, call other insurance companies. You asked all your questions about what you need to look for in the previous step. Now use this information with the next insurance company. Get a quote and move on to the next step.

4. Buy lost baggage insurance at the airport as a last resort. The lost baggage insurance at airports is usually extremely inflated. Last minute decisions can also be rushed and the insurance may not protect you for what you need protection for. Plan ahead and be prepared.

Tips & Warnings

• Lost baggage insurance is mostly used in international travel.
• Watch out for lost baggage insurance that covers the same amount as the airport is already offering. You are paying for nothing.