Travel insurance can be a valuable protection if your domestic or international trip doesn’t quite go to plan. But, after booking flights, hotels, rental cars and experiences, you probably don’t want to spend much more on your trip.
Luckily, travel insurance isn’t a huge expense, and some companies offer surprisingly affordable rates to insure your trip. CNBC Select gathered data on dozens of the top travel insurance companies and found several that stand out for their strong coverage at low prices.
Here are the best cheap travel insurance companies if you’re looking to cover your upcoming adventures. (See our methodology for more information on how we made this list.)
Berkshire Hathaway Travel Protection
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Cost
The best way to estimate your costs is to request a quote
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Policy highlights
Berkshire Hathaway Travel Protection has multiple plans to cover vacations from luxury travel to adventure travel. The brand’s LuxuryCare offers the highest limits of travel insurance coverage offered by the company. Quotes and policies are available online.
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24/7 assistance available
- Wide variety of policies available
- Strong financial strength rating by AM Best
- Cancel for any reason only provides reimbursement for up to 50% of non-refundable trip payments
World Nomads Travel Insurance
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Cost
The best way to estimate your costs is to request a quote
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Policy highlights
World Nomads offers travel insurance for all sorts of travelers, from families to solo adventure travelers. Policies are underwritten by Nationwide and offer strong coverage of emergency accident and illness situations, as well as emergency evacuation scenarios.
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24/7 assistance available
- Affordable coverage for many travelers
- Coverage for adventure activities like scuba diving, bungee jumping and more
- Lower trip cancellation limits than other travel insurance we reviewed
Who’s this for? World Nomads Travel Insurance is a good choice for travelers looking for affordable coverage. It’s an especially strong option for those planning on adventure activities like scuba diving which can be excluded from some other travel insurance plans.
Standout benefits: This travel insurance offers coverage for stolen gear or belongings, and high coverage limits for emergency medical insurance compared to some of the other plans we reviewed.
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C&F Travel Insured International Travel Insurance
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Cost
The best way to estimate your costs is to request a quote
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Policy highlights
Travel Insurance from this company can include annual travel insurance plans as well as single-trip travel insurance. Optional coverages include cancel for any reason coverage and travel inconvenience coverage. Cruise insurance is available.
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24/7 assistance available
- Cruise coverage available
- Option to enhance your coverage with additional, optional coverages
- CFAR not available to New York residents
Who’s this for? For families wanting to cover an upcoming trip or vacation, C&F Travel Insured International has two plans (in most states) that can help with everything from trip interruptions to missed tour or cruise connections.
Standout benefits: C&F’s policies are particularly family-friendly since children aged 17 and younger can be included for no extra cost when on the same plan as a paid adult. It also offers robust evacuation benefits.
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Nationwide Travel Insurance
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Cost
The best way to estimate your costs is to request a quote
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Policy highlights
Nationwide’s wide coverage for travel insurance allows many different types of travelers to find coverage that fits their needs. Three levels of cruise insurance coverage gives extra options to cruise passengers.
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24/7 assistance available
- 10-day review period on cruise insurance policies to make sure the plan meets your needs (not available in NY or WA)
- Most basic cruise plan doesn’t offer CFAR coverage