Travel insurance claims and payouts are on the rise. Here's why travelers on these types of trips should consider protection.

Medical emergencies overtook trip cancellations as the most common travel insurance claim, with cruises being the leading ...

The Travelers Companies Inc (NYSE:TRV) on Tuesday disclosed a preliminary pre-tax loss estimate of $1.7 billion due to the California wildfires in January 2025.

In 2023, the company said the travel insurance sector saw a 30% increase in the total value of claims paid out to policyholders, with payouts averaging $1,900 per claim. Trip cancelations constituted ...

In 2024, more than 40% of paid travel insurance claims were due to trips that were canceled or cut short, with travelers receiving an average payout of over $2,000. With 2025 trip costs up 24% ...

According to insurance marketplace Squaremouth.com, 2024 saw claim payment amounts grow 37%, from an average of $1,900 to $2,609.

Travelers and State Farm to regional providers like Erie Insurance. 8,500 Data Points Analyzed To properly score each auto insurance provider, we looked at cost data, claims processes, customer ...

Our survey of Allianz travel insurance customers found that 81% were ... Overall, 85% of Allianz customers who made claims were satisfied with the claims process, which is average (86%).

ST. PETERSBURG, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- As travel costs surged in 2024, more travelers sought protection ...

Travel insurance claims and payouts are on the rise. Here's why travelers on these types of trips should consider protection.