More travelers are refusing to leave their homes without it

David Prado Perocha /

Relive the start of the COVID-19 pandemic: Has the virus spoiled your travel plans?

For millions of people, the answer is “yes.” And after we’ve gotten burned once, many of us turn to travel insurance to make us whole in case the trip unexpectedly falters.

Nearly a third of travelers — 31% — say the pandemic has made them more likely to purchase travel insurance for trips planned between now and the end of 2022, according to a new survey by AAA Travel.

With 55% of American adults saying they plan to spend at least one night before the end of next year, travel insurance may become a hot item.

In a press release, Paula Tudel, Senior Vice President of AAA Travel, said the continued spread of COVID-19 has highlighted the need to protect vacation investment:

“Travel insurance is relatively inexpensive for the great peace of mind it provides, and is more valuable than ever in light of the pandemic.”

The survey found that 69% of travelers said the most important aspect of travel insurance is the ability to cancel a trip and get a refund. AAA urges travelers to consider travel insurance policies that include a “cancel at any time” feature.

The AAA adds that travelers also want policies that cover:

  • Change fee
  • Travel delays
  • Lost or damaged baggage

The AAA also notes that some travel insurance providers now offer plans that cover at least a portion of losses due to COVID-19 or other pandemic disease. In the past, policies did not cover epidemics or epidemics.

As people get vaccinated and restrictions ease, travel bookings are up 11% from 2019 levels, and AAA says travel insurance sales increased by double digits year on year.

Looking for tips to cut the cost of your next vacation? Check out “11 Smart Ways to Save on Travel”.

Another way to save on travel costs is to search for travel deals from a ShermansTravel partner at Money Talks News. You can search by criteria such as deals, destinations or interests.

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