Friday, July 12, 2024 The 2024 hurricane season is off to a record-breaking start, with Category 5 Hurricane Beryl leaving a trail of destruction across the Caribbean Sea and the Gulf of Mexico. Forecasts indicate this may be the most active hurricane season in history. To help travelers navigate this challenging time, travel insurance comparison site Squaremouth shares the two most important things to know about insurance coverage for hurricanes.
Travel insurance is designed to cover unforeseen events. Once a storm is named, it’s too late to buy a policy that includes coverage for that specific storm. If you’re planning to visit hurricane-prone destinations before November 1, it’s crucial to purchase a policy with a Hurricane & Weather benefit as soon as possible to ensure you’re protected.
While predicting storm trajectories can be challenging, there are ways to save money on travel insurance. The premium cost is largely determined by the insured trip cost. To save on your policy, consider insuring only the refundable portion of your expenses initially.
Many accommodations are refundable up to a certain point before the trip. By insuring only this amount, you can keep your policy cost lower upfront. As non-refundable expenses arise closer to your departure date, you can add them to your policy.
If the storm threat diminishes, you can then decide whether to insure all your trip expenses. Squaremouth’s Hurricane Travel Insurance Resource offers updated advice and an.
