ST. PETERSBURG, Fla., Aug. 31, 2021 /PRNewswire/ — In September, travel to Europe will reach its highest point in over a year, accounting for 40% of all trips that month, according to travel insurance comparison site Squaremouth.com. This comes as the EU recommends restricting entry to US travelers amid the spreading Delta variant.
Half of Squaremouth’s reported top destinations for the month of September are countries within the European Union: Italy, Greece, France, Spain and Croatia, with almost $9 million in insured trip expenses to these countries.
Here’s what travelers need to know about travel insurance coverage for border restrictions:
Border Closures Rarely Trigger Cancellation Coverage
Border closures and respective travel restrictions are one of the largest gaps in coverage within standard travel insurance policies at the moment, says Squaremouth.
Cancel For Any Reason Gives The Best Chance of Coverage
The Cancel For Any Reason upgrade is still widely available for travelers who have recently booked trips, and are concerned about lingering or new border closures at their destination.
Cancel For Any Reason is a time sensitive benefit that is only available shortly after a traveler books their trip, typically up to 21 days following their first booking. This benefit reimburses up to 75% of the insured trip cost.
Unfortunately, this means the Cancel For Any Reason benefit is no longer available for travelers who booked their trip to a European country more than three weeks ago.
Methodology:
Squaremouth.com hosts the largest number of travel insurance providers and policies that offer coverage related to the Covid-19 pandemic. Squaremouth Analytics studied data from thousands of policies purchased for travel between September 1, 2021 and September 30, 2021 to identify spending habits and the most popular destinations.
Notes to editors
Available Topic Expert: Megan Moncrief, Chief Marketing Officer, is available for comment and interview. [email protected] (727) 378-0938
Squaremouth maintains a list of country insurance requirements here: https://www.squaremouth.com/destinations
Other Relevant Research:
ABOUT SQUAREMOUTH
Squaremouth.com, and their multi-award winning customer service team, has helped over 2 million travelers save time and money to find the best travel insurance policy for their trip.
Leveraging decades of travel expertise, and industry-leading technology, Squaremouth.com hosts the most intuitive travel insurance quoting and comparison engine on the market today.
Coupled with verified customer reviews and the largest portfolio of products, Squaremouth allows travelers to instantly purchase a travel insurance policy from every major provider in the US.
SOURCE Squaremouth
