Having just finished the last of my adjustments to the travel insurance for our trip this fall, I can vouch that prices may be all over the map. I talk to the people at Insure My Trip each time I buy, and we do insure for every trip overseas.
This time I learned that the company I normally used would not work because we are going to be gone for more than 30 days, door-to-door. We had to switch to something that gave us more coverage than we wanted, and it's much more expensive this time.
The agent told me that there are 3 things that the rates are based on:
- The ages of the travelers. (We are 66 and 68. We both have health issues and always make sure to get the insurance early enough to qualify for the pre-existing condition coverage. We always want coverage to be returned home if needed.)
- The total cost of the trip. (About $6300 prepaid. Insurance cost is based on prepaid expenses only.)
- The length of the trip. (36 days. This was the red flag I'm glad they noticed. All our previous trips were for less than 30 days, so it was never even mentioned before.)
As with all insurance, we hope we won't need it. We also hope that if we do need it, the company will keep up their end of the bargain.
BTW, I got the insurance as soon as I paid the deposit and knew we had confirmed spots on our RS tour. That was our first expense for the trip and it was way back in January.