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March 14, 2005

Travel insurance

The Miami Herald lists some good reasons to buy travel insurance, but only when you're booking an expensive vacation. There are a number of good travel insurance tips. Here are two:

Take care that your travel insurance purchase is complete and the policy is in place before you go. Another tip from Harvey is to be sure to get a policy number before you go away. If your travel insurance company says they'll send it to you later, you may find out that coverage doesn't begin until after your departure.

Don't buy travel insurance from the same company that's providing you with a vacation package, says John Hawks, executive director of the nonprofit Consumer Travel Rights Center. Two years ago, a travel supplier called Far & Wide Travel went out of business, leaving 15,000 people holding the bag. You want to buy what's called supplier default insurance.

Posted by James Trotta at March 14, 2005 2:04 AM  

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