Jet-setters most often claim for transport delays, medical costs and lost baggage
New research from Go.Compare travel insurance has revealed the most common reasons people claim on their insurance policy, with transport delays topping the list.
The data has revealed that of the travel insurance claims made in the past year, more than a third (34%) included money back due to transport delays, and 3 in 10 (30%) claimed to help cover the cost of medical treatment abroad.* Lost baggage was the third most common reason that travellers made a claim, with 26% saying they had done so.
|
Type of claim |
% who claimed |
|
Transport delays |
34% |
|
Medical costs / expenses |
30% |
|
Lost baggage |
26% |
|
Theft / loss of belongings |
23% |
|
Cancellation |
22% |
|
Missed departure |
17% |
|
Winter sports |
11% |
The research also revealed that while the majority of jet-setters (76%) secured travel insurance before their holiday, a fifth of people (21%) didn’t bother, with nearly half of uninsured travellers (47%) saying they didn’t think they needed it, 24% saying it was too expensive, and a further 1 in 10 (10%) saying they simply forgot.
Rhys Jones, travel insurance spokesperson for Go.Compare, said: “With stories hitting the news recently about uninsured travellers facing eye-watering medical costs, it goes without saying that travel insurance could be an important safety net. Travel insurance can protect you against a range of other unexpected costs too, depending on the scope of your policy.
“Our research shows that transport delays, medical costs and lost baggage are the top reasons people claim on their insurance policy – and these are all things that can be really costly if you don’t have the right protections in place. Purchasing a travel insurance policy the moment you book a trip will give you peace of mind that if any of your travel arrangements don’t go to plan whether in the airport or while you are away, you won’t be left out of pocket.
“With cover starting at 91p per day,** a travel insurance policy might be cheaper than you think – so it’s always worth taking a look before your trip. Whether it’s a two-week beach vacation, a long weekend away or a business trip, we always recommend using a comparison site to look at all the options available, as the cover offered by each policy will vary – as well as the prices. Remember to read the fine print before you purchase, and keep the details handy after you leave, just in case you do need to make a claim.”
For more information about travel insurance, visit: https://www.gocompare.com/travel-insurance/.
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