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New study by AdvisorSmith discovers average cost of travel insurance

Τhe average cost of travel insurance in the U.S. is $95.

AdvisorSmith produces small business and insurance content. The latest study found the average cost of travel insurance in the U.S. We used quote estimates from 53 different travel insurance policies to find the average price of travel insurance and the average cost by the trip, age, number of travelers, and coverage level. From their research, they discovered:

  • The average cost of travel insurance in the U.S. is $95.
  • The average price of travel insurance is significantly higher for older travelers in their 70s, 80s, and 90s. 
  • Adults traveling with children or another adult can expect to pay more for travel insurance than those traveling solo. 
     
News Editor - TravelDailyNews Media Network | + Posts

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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