Trip Cancellation Insurance. Recommended?

When traveling we all look at the purse. It is understandable, we may have been saving all year to take that trip of our dreams. And suddenly, when we are booking, the big question arises. What do we do? Do we book trip cancellation insurance or not? What is the most appropriate? It may be more expensive, but does it have its benefits?

The importance of planning trips

Before we get to talking about trip cancellation insurance we have to talk about the importance of planning. When we decide on a destination we want to go to, there are many things to do. For example: choosing where we stay, how we go there, how many days we will be, etc. There are many things to think about.

This is why planning is so important. Searching the internet for deals and booking in advance are often the best ways to save money before traveling. There may be people who do not look at the price and just enjoy the experience, but in most cases this is not the case.

Travel insurance?

Travel insurance is usually conditions that are offered to you once you are about to book accommodation or transport. It consists of paying a little more money, but with a retribution of the percentage that you have paid in case of having to cancel the trip or have any incident.

Of course, there are many types of travel insurance. Cancellation, accidents, incidents or theft … At first glance they can be useful for that reason of “better to prevent than to cure” (especially on trips abroad), but there are very different opinions.

There are those who bet on cheap travel and rule out making trip cancellation insurance. Their main reason is that they see it unnecessary because whenever we travel we do so out of conviction and on rare occasions something happens that prevents it.

But maybe that’s where the question is: how it can sometimes happen. Therefore, it may be interesting to take out trip cancellation insurance. Especially for those special destinations, far from our home, that require long planning, etc. Or even for those destinations that we reserve without security of being able to go for personal reasons.

Is travel cancellation insurance recommended?

Everything will depend on your interests. If your bet is to travel cheap and save as much as possible, it is more than likely that you will rule out the possibility of taking out trip cancellation insurance.

Perhaps you reject it, first, because you see it as an unnecessary expense, and second, because when traveling cheaply you always tend to take risks. If there are incidents or you have a problem, you will not be covered. But as in everything, you have to take risks!

On the other hand, if you like to organize your trips well and prevent possible accidents, it is a highly recommended option. With trip cancellation insurance you will be covered in case  you cannot make the trip of your dreams. Will you feel sorry for not being able to do it? Yes of course. But have you lost all the money? Clearly not!

The choice is yours

We could tell you that it is interesting to opt for trip cancellation insurance in the case of transport, plane and train, the most important, because they tend to be longer distances. If the trip is abroad, all the more so. With cancellation insurance you can receive a part of the fee you have paid and not lose all the money.

We focus on transportation services because many hotels and accommodations have options available that prevent you from having to pay earlier. It consists of paying for the accommodation once you are there, keeping your reservation until you arrive.

The only drawback is that this option to pay at the accommodation without cancellation penalty is active until a few days before the trip. Therefore, if you have to cancel it, it will have to be before those dates. Our advice: do it early and be prepared!

Ultimately, the opinions of trip cancellation insurance will depend on how we like to travel and how we walk with our economy. The best, as always, is to plan everything in advance and, above all, safely. We cannot reserve like crazy: our money is at stake and we have to be clear about it.