Insurance & Traveling in Summer of 2024

Squaremouth is a travel insurance marketplace. It also tracks all things travel. When looking at what people are going to spend for traveling in the summer of 2024, it found the average amount to be almost $10,000.

Travel insurance plans cover cancelations, medical emergencies, delays, lost baggage and other baggage issues and other things, and costs for travel insurance run between 5% and 10% of the total amount of the trip.

Leaving out the cost of insuring the trip to and from will lower those costs significantly.

The average cost on the website Squaremouth.com runs about $595. Those not wanting a cancelation policy will save about $93 off that amount.

Source link: Insurance Business America — https://bit.ly/4aQD1il

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