10 Travel Insurance Credit Cards

Travel insurance is a topic that often sparks debate among travelers. Some argue that it is an unnecessary expense, while others swear by its benefits. Personally, I have been on both sides of the fence. However, a recent experience during a winter ski trip to Jackson Hole, Wyoming, made me reconsider my stance on travel insurance.

As I was driving my rental SUV to the airport, a snowplow kicked up a rock that cracked the windshield. This unexpected incident left me facing a hefty repair bill. Fortunately, I had rented the car using my Delta SkyMiles® Gold American Express Card, which provided coverage for rental car windshield reimbursement. This incident made me realize the value of having the right insurance coverage in place.

Many credit cards offer various types of travel insurance benefits when you use them to pay for travel expenses such as flights, rental cars, and accommodations. These benefits can include coverage for trip cancellation, trip interruption, baggage delay, lost luggage, trip delay, medical treatment, medical evacuation, travel accident insurance, and rental car insurance.

For example, the Chase Sapphire Reserve card offers trip cancellation and interruption coverage of up to $10,000 per person and $20,000 per trip, trip delay coverage of up to $500 per ticket for delays over six hours, and baggage delay coverage of up to $100 per day for five days. Similarly, the Marriott Bonvoy Brilliant American Express Card provides coverage for lost luggage, travel accident insurance, and rental car insurance.

While credit card travel insurance can provide valuable coverage, it may not always be sufficient for your needs. If you have a high-value trip or specific concerns that are not covered by your credit card, it may be worth considering additional travel insurance. Companies like American Express offer comprehensive travel insurance options that allow you to customize your coverage based on your trip expenses and needs.

When deciding whether to purchase additional travel insurance, consider the potential financial loss you could incur if something goes wrong during your trip. If the amount at stake is more than you are willing to lose, it may be wise to invest in additional coverage.

In conclusion, travel insurance can provide peace of mind and financial protection when things go wrong during your trip. While credit card insurance can offer valuable benefits, it may not always be sufficient for your needs. By carefully assessing your travel plans and potential risks, you can make an informed decision about whether to purchase additional travel insurance to ensure a worry-free travel experience.