What Are The Benefits Of Travel Insurance?

Traveling is never cheap, but when you get into an accident or break down on the road, it’s a whole new ball game. You’ll want to be sure you have access to plenty of cash if something goes wrong and your vehicle has been deemed “uninsurable.”

Car insurance companies will often try and wriggle out of paying for repairs by deeming a car as “uninsurable,” which is where car travel insurance comes in. Car travel insurance pays for damages if your vehicle’s too damaged or written off after an accident.

What are the benefits of travel insurance?

Get the peace of mind that you’ll recover all or a portion of your car, travel, or cruise insurance deductible if an accident happens on your trip. This can be especially useful if you’re traveling by yourself.

If an accident occurs while in transit through a remote destination, such as across Canada or overseas, your insurance policy can help get you back home. Just be sure to investigate the type of coverage you need.

There are also any number of unexpected emergencies that can arise on the road, such as a flat tire, water leak, or broken down car. These are covered by most auto insurance policies, but sometimes the expense can be out of reach for many families.

Travel Insurance gives you peace of mind that your car insurance policy will cover these costs.

Policies need to be purchased before you take off on your trip, usually from the same insurance company that handles your auto insurance. The only exception is when hazard policies are purchased through the travel agency you’ve booked with.

What does it cover?

Though there are limitations, many travel and car insurance policies will cover expenses for injuries suffered by passengers, coverage for rental cars should your vehicle be totaled in an accident, and coverage for medical emergencies and evacuation.

Be sure to understand the limitations and exclusions of the policy before you travel. Some policies will cover anything outside of your car insurance policy, while others will only cover things not already covered by your motor vehicle insurance liability limits.

Traveling is never cheap, but when you get into an accident or break down on the road, it’s a whole new ball game. You’ll want to be sure you have access to plenty of cash if something goes wrong and your vehicle has been deemed…