Travel Insurance Calculator

Travel insurance typically costs between 4% to 10% of your total trip cost. Basic coverage usually runs around 4-5% of trip cost, standard coverage 6-7%, comprehensive 8-9%, and premium coverage 10% or more. Factors affecting cost include trip duration, destination, traveler age, and coverage level. For example, a $3,000 trip with standard coverage might cost $180-$210 for insurance.

Several factors influence travel insurance costs: (1) Trip cost - higher value trips require more coverage, (2) Traveler age - seniors (60+) pay 30-100% more due to higher medical risks, (3) Destination - international and high-risk areas cost 30-80% more, (4) Trip duration - longer trips cost more, especially beyond 14-30 days, (5) Coverage level - comprehensive plans cost double basic plans, and (6) Number of travelers - family plans offer better per-person rates.

Travel insurance coverage varies by plan level but typically includes: Medical expenses (emergency care abroad), trip cancellation/interruption (50-150% of trip cost), baggage loss/delay ($1,000-$5,000), emergency evacuation ($10,000-$100,000), travel delays, and 24/7 assistance. Comprehensive and premium plans also cover pre-existing conditions (with waivers), adventure activities, rental car damage, and "cancel for any reason" options. Always read policy details as exclusions apply.

Travel insurance is worth it when trip cost exceeds what you can afford to lose, typically $2,000+. It is highly recommended for: international trips (especially to countries with expensive medical care), trips with non-refundable bookings, travelers over 60, adventure activities, trips during hurricane/winter seasons, and when traveling to areas with political instability. For a $5,000 international trip, spending $300-500 (6-10%) protects your entire investment and provides emergency medical coverage up to $500,000.