TravelSafe Insurance Review: What to Know – NerdWallet

Are you wondering whether or not you should buy travel insurance? There are several travel insurance companies out there offering protection from unexpected events like illness, flight cancellations and lost baggage. TravelSafe insurance is one such provider — it features a range of protections to give you peace of mind when on the road.

Let’s take a look at TravelSafe trip insurance, the types of plans it offers and how to choose the right plan for you.

Before you purchase travel insurance, you’ll first want to decide what type of plan you need. There are multiple types available depending on what you’re doing, where you’re going and how much coverage you want.

TravelSafe insurance offers two different plan types: Basic and Classic. Both of them only cover single trips; the company doesn’t sell multi-trip or year-long plans.

The TravelSafe Basic plan offers a lower level of protection than the company’s more expensive option, TravelSafe Classic.

To get an idea of the cost and coverage you’d get with a TravelSafe Basic plan, we put in a search for a 32-year-old woman going on a two-week trip to multiple countries. The total estimated trip cost was $4,500.

As the higher tier of travel insurance, TravelSafe’s Classic plan includes greater benefits than TravelSafe Basic. Using the same search parameters, the total cost for a TravelSafe Classic plan came out to $234 — $57 more than the Basic plan.

However, with this level of coverage, policy holders get trip cancellation of up to $100,000, as well as $100,000 worth of emergency medical and $2,500 worth of coverage for lost luggage. This can be a smart plan to purchase if you are traveling with expensive items in your suitcases, such as photography equipment or jewelry.

As we mentioned above, there are different types of coverage available based on your needs. Before you make a purchase, be sure to consider all your options.

The coverage levels vary pretty significantly between TravelSafe’s Basic and Classic plans, although the price difference between the two isn’t huge.

Here are some of the most important differences in coverage levels between the two plans:

Many credit cards offer travel insurance as a benefit. This insurance is complimentary and automatic as long as you have paid for your travel with your card. While coverage will vary depending on the card you use, you’ll commonly see credit cards cover rental car insurance, trip cancellation insurance, emergency medical insurance and lost luggage insurance.

Before buying any travel insurance plan, check your credit card benefit guides to see what they may already cover.

The first step to buying a TravelSafe plan is navigating to its website at travelsafe.com.

From the homepage, you’ll want to select the blue box that says “Get a Quote.” You’ll then be taken to a page asking for your personal information, including dates of travel, age and state of residence.

After you’ve filled in the information, you’ll be presented with quotes for both of TravelSafe’s plans. Once you’ve chosen a plan, you’ll go through the checkout process to purchase your travel insurance.

If you’re the type of person who likes to hang out in restaurants and visit museums during your vacation, it’s likely your travel insurance will cover you if something unexpected happens.

However, if you tend to find yourself doing more extreme activities, like skydiving or scuba diving, you’ll want to give the fine print of your travel insurance a closer look. Most plans have specific exclusions for high-risk activities, in addition to acts of self harm and other designated events.

TravelSafe’s two travel insurance plans offer comprehensive coverage for when you’re away from home. Compare the benefits of each before deciding on a purchase — and be sure to double-check whether you already have existing coverage from a travel credit card.