Seniors Travel Insurance | Compare quotes and save! (2024)

FAQs

Which insurance company is best for senior citizens? ›

The best travel insurance companies are Faye, Travelex and Nationwide, according to our analysis of over 49 policies. Travel insurance policies offer reimbursem*nt if your trip gets canceled for a covered reason, you incur emergency medical bills, and for other situations such as missed flights or baggage delays.

Since seniors and retirees are more likely to face a medical emergency during a trip, most travel insurance plans for seniors include coverage for emergency medical expenses and emergency medical evacuation. Coverages vary among plans, as do limits, so make sure to compare options before you book a trip overseas.

Senior car insurance rates may be cheapest through Geico, Auto-Owners, State Farm, USAA or Erie. Auto-Owners and Geico show the smallest increase for seniors after a speeding ticket. For seniors with a DUI, Progressive and USAA may show the least impact on car insurance rates.

On average, travel insurance is around 5%-6% of the total trip cost, and the average trip cost for US travelers from April 2022- April 2024 was around $6,441.

While there are no travel insurance AARP products or discounts available for seniors, members can use the AARP website for trips and tricks on how to plan for international travel and information regarding how to choose the right insurance plan for older travelers.

If you're wondering when you should buy travel insurance, the simple answer is as soon as possible. Ideally, you'll buy coverage no later than 15 days prior to your trip.

Post Office. Why we rate it: If you have a pre-existing medical condition then the Post Office will likely be a great travel insurance option. This is because it covers most pre-existing medical conditions, like high-blood pressure or diabetes, so you'll likely find the cover you need.

What are two disadvantages travel insurance? ›

Cost: Travel insurance will add to the overall cost of your trip. Some may choose to forgo it to save money, especially on shorter or less expensive trips. Exclusions and Limitations: Policies may have various exclusions and limitations, so it's essential to read the fine print.

Of the 10 largest car insurance companies, only Geico and USAA are cheaper than Travelers, on average.

Unlike other aspects of your travel experience like airfares or hotel-room rates, the price of travel insurance doesn't increase the closer you get to your travel date. There's no financial penalty if you wait to buy travel insurance (except for those bonus coverages, of course).

Allianz is a popular choice among business travelers due to its AllTrips Executive travel insurance policy with coverage for lost, stolen or damaged business equipment and rental car insurance. Earning 4.1 out of 5 stars, our expert reviewers think Allianz is a great choice for international travel insurance.

Travel insurance is designed to protect a traveler from certain unforeseeable events—not things that are easily foreseeable, or things that have already happened at the time you purchase your plan. That's why it's smart to buy insurance as early as possible in the booking process.

A unit of Colonial Penn coverage is the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine the exact amount of insurance coverage a single unit provides. The older you are, the more units you will need to purchase in order to get an adequate death benefit.

Best overall: Medicare

Medicare is the best health insurance option for seniors and retirees. Medicare is the cheapest health insurance with the best benefits for people age 65 and older or who have a qualifying disability. You can choose between two different options: Original Medicare and Medicare Advantage.

Quotes from AARP through The Hartford are cheaper than rates offered by Allstate and State Farm, which are some of the most popular auto insurance companies in the United States.

Up to 20% Savings for Members

You can customize your coverage with benefits and services designed especially for AARP members, including “New for Old” Protection and Disappearing Property Deductible^†. Plus, you could save up to 20% when you bundle your home and auto policies.