Travel Insurance Calculator

Travel insurance costs typically run 4 to 10 percent of total trip cost, but what you pay and what you get depends heavily on which coverage components you select and when you buy relative to your first trip deposit. This calculator helps you match the right coverage to your trip so you pay for protection you actually need.

How to Use This Calculator

Enter the total non-refundable cost of your trip, destination region, number of travelers and their ages, and departure date. Indicate which coverage types matter most: trip cancellation, emergency medical, evacuation, or baggage. The calculator returns an estimated premium range and flags the components with the highest claim value relative to cost for your specific trip.

How Travel Insurance Premiums Are Calculated

Trip cost is the base for cancellation coverage because the insurer's maximum cancellation exposure equals your total non-refundable cost. Medical and evacuation coverage is priced based on destination -- international travel to countries with limited medical infrastructure carries substantially higher medical and evacuation risk. Traveler age affects the medical premium meaningfully, particularly for travelers over 65. Purchasing within 10 to 21 days of your first trip deposit qualifies you for a pre-existing condition waiver at most insurers.

Key Factors That Affect Your Estimate

  • Total trip cost -- the primary driver of trip cancellation premium
  • Destination -- international developing markets carry higher medical and evacuation components
  • Traveler ages -- medical components scale with age
  • Cancel for any reason (CFAR) add-on -- adds 40 to 60 percent to base premium; reimburses 50 to 75 percent of costs for any cancellation reason
  • Purchase timing -- buying within 10 to 21 days of first deposit qualifies for pre-existing condition waiver

Frequently Asked Questions

Does my credit card travel insurance replace a standalone policy?

Credit card benefits typically cover trip delay, lost baggage, and rental car but rarely include meaningful trip cancellation or emergency medical coverage. Review your card's benefit guide carefully before assuming it covers your trip adequately.

When does trip cancellation insurance pay?

Only for reasons specifically listed in the policy: illness or injury of the traveler or immediate family, death of a family member, job loss, jury duty, and severe weather making the destination uninhabitable. Changing your mind is not a covered reason. Cancel for Any Reason is the only coverage that addresses discretionary cancellations.