Important Survey Suggests Americans are Shopping Online for Travel Insurance Squaremouth CEO Says
St. Pete Beach, FL (PRWEB) June 30, 2008 -- A survey highlighting the use of travel insurance (http://www.squaremouth.com) comparison web sites confirms Americans are increasingly comfortable sourcing and buying travel insurance policies online, an independent observer says.
Fifty-three percent of Americans in a new survey by the online community TripAdvisor say they verify quotes on travel insurance comparison web sites.
Chris Harvey, CEO of Squaremouth, America's fastest growing travel insurance comparison web site, called the poll, which questioned 3,700 travelers worldwide and was released in mid-June, "significant and comprehensive."
The results seem to mirror Squaremouth's own internal data, which reveal a growing awareness by consumers that they can use vast research and comparison information available online to source the best travel insurance opportunities, Harvey said.
Sixty percent of Americans polled by TripAdvisor had bought insurance before and 35 percent intend to buy it within the year, giving "peace of mind" as the key reason for insuring a trip, according to the press release.
But consumers who opt not to comparison shop online could wind up paying more, for less than the insurance coverage they need, Harvey warned.
"Customers regularly ask Squaremouth if they should buy insurance directly from a tour operator or travel agent (http://www.squaremouth.com/travel-partner.php), but we don't recommend it," he said.
Tour operators usually sell policies designed expressly for them, while travel agents may represent only one or two carriers. These agents reap a high commission for every sale, which can inflate prices and result in fewer benefits than are available on the open market.
Squaremouth, in contrast, lets travelers compare policies side by side, and instantly buy from a broad range of options for trip insurance.
The TripAdvisor poll revealed 66 percent of travelers buy travel insurance (http://www.squaremouth.com) at the same time as they book a trip, however Harvey said customers should know they have ample time to shop around.
Buy a policy within 14 to 21 days of putting down an initial deposit to guarantee coverage of a pre-existing medical condition. Otherwise, insurance can usually be purchased right up to the departure date.
"Customers don't need to feel pressured by the tour operator or cruise line pushing their own insurance," he said.
About Squaremouth
Squaremouth is America's fastest growing travel insurance comparison site, helping customers instantly quote, compare and buy policies from every major carrier. Squaremouth has web sites in the US and UK, and an extensive network of partner sites worldwide. The company is headquartered in St Pete Beach, FL., with offices in Fort Wayne, IN. Visit Squaremouth.com or Squaremouth.co.uk.
About our "Zero Complaint Guarantee"
The cornerstone of our commitment to customers is Squaremouth's guarantee to remove any company from our web site until a complaint is resolved to our satisfaction. Squaremouth offers the broadest selection of insurance with an emphasis on quality and follow-up care in companies featured. We also factor in independent evaluation from the insurance industry watchdog AM Best.
Squaremouth offers products from the following travel insurance carriers:
AIG Travel Guard, CSA, Elvia, Global Alert Admin, Global Underwriters, HTH Worldwide, ITravelInsured, Medex, Medjet Assist, MH Ross, Multinational Underwriters (MNU), Seven Corners, Travel Insurance Services, Travel Insured, Travelers Liberty, Travelex, TravelSafe and USA Assist.
AVAILABLE TOPIC EXPERT:
Chris Harvey
charvey @ squaremouth.com
Toll-free (800) 240-0369
Direct (727) 490-5802
U.S. travel insurance - http://www.squaremouth.com
U.K. travel insurance - http://www.squaremouth.co.uk
International Medical Insurance - http://www.squaremouth.com/international-medical-insurance
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
|
|
 |
 |
|
Europ Assistance Wins Travel Insurance Contract with Cheaptravelinsurance.com
Cheaptravelinsurance.com has appointed Europ Assistance to provide its travel insurance solution which includes underwriting, claims handling and medical assistance to its customers. This has resulted in a number of increased offerings which will see the age restriction increase from 64 years to 80 and backpackers can benefit from 18 months travel cover rather than the original 12 month limit.
Leading Online Travel Insurance Comparison Site is the First to Launch Trip Cancellation Plans for Non-US Residents
Squaremouth.com, the travel insurance industry leader in comparison shopping today adds USA-Assist products to its lineup.
Why Should You Buy Travel Insurance When You Go Away?
Are you someone who likes to travel If you are, you are certainly not alone
Get a Travel Insurance Policy To Protect Yourself From Trip Risks
If you are thinking about traveling whether it is to another state or to another country, there are some precautions that you need to take; the most important of which is to purchase travel insurance in order to be protected in case any unexpected event or accident threatens to ruin your trip. Travel insurance will protect you from these unforeseen events and reimburse any costs that you may incur in due to them.
Planning Ahead to Get Cheap Student Travel Insurance
Students that wish to travel at home and abroad often think of air fare as their major expense. The cost of flying to and from major destinations throughout the world may be high but it can be compounded without travel insurance. Insurance companies have begun to address the growing market for student travel with special insurance policies to protect against lost luggage, medical emergencies and flight cancellations. You can protect yourself against travel disasters by finding cheap student travel insurance well ahead of your trip.
Travel Insurance And Kenya?s Election ? Your Rights
The recent Kenya elections have led to huge fallout in the country and beyond. When it was announced that President Mwai Kibaki had won the election by just 230,000 votes (out of 10,000,000 constituents) widespread political fury spread across the country ? and violence broke out. Subsequently, all travel to the country was advised against, and a lot of people needed to claim on their global travel insurance, which was confusing given the unusual circumstances. I shall get to that later, but first a little background to the events surrounding the Kenya election.
7 Things To Do Before Buying Travel Insurance
Going back to Roman times, risks have been shared during times of tragedy and unforeseen circumstances, such as earthquakes, floods and the like. The first formal and recorded insurance company, Lloyd's of London, was formed in 1769 and their founding principal remains intact today - to gather the premiums of clients as a pool of resources in order to return to clients who experience unexpected and unforeseen but covered events. So, that is the secret really, plan for the unexpected and unforeseen and make sure you're covered, especially when you're travelling. Whether your trip is a quick one or a round the world cruise, there are many good reasons for travel insurance. Here are just 7 things you should do before you buy your travel insura...
New Travelinsure Website - Instant, Customised Travel Insurance
Consumers often rely on the travel insurance available as part of their credit card facility, medical aid cover or insurance policies, risking being stranded in a foreign country with inadequate cover. Now, travellers can obtain customised travel insurance, delivered to their e-mail instantly, from the innovative new Travelinsure website and ensure they are never left stranded in a foreign country without the funds to receive adequate assistance or medical treatment.
Columbus Travel Insurance Offers Affordable Deals
Before you depart for your country of destination, make sure you are covered by adequate travel insurance. This is done by first surfing the Internet for the best type of coverage to suit your budget. Next is to read the fine print, disclaimers, and other clauses that would matter a lot if, by any misfortune, you are constrained to make a claim. Columbus Travel Insurance promises affordable rates because of cutting out the "middleman" and eventually, the commissions.
Travel Insured International Introduces New Travel Insurance Plans with Stronger Benefits, More Insurance Options
Travel Insured International (www.travelinsured.com), a leading provider of travel protection plans for travelers, has unveiled a new trio of travel insurance plans under the company's popular Worldwide Trip Protector brand. The new plans, with stronger benefits and several new options, include Worldwide Trip Protector, a comprehensive travel insurance plan for broad protection of most travel itineraries, Trip Protector Gold for luxury-minded travelers, and Trip Protector Lite and Lite Expanded for budget conscious travelers.
|
 |
|
