The 2024 hurricane season has begun with a bang, with Category 5 Hurricane Beryl wreaking havoc across the Caribbean Sea and the Gulf of Mexico. Forecasters predict this could be the most active hurricane season ever recorded. As travelers navigate this challenging period, travel insurance comparison site Squaremouth emphasizes two crucial aspects of hurricane coverage.
Firstly, travel insurance is designed to safeguard against unexpected events. Once a storm is named, it becomes impossible to purchase a policy that includes coverage for that specific storm. If your travel plans involve hurricane-prone destinations before November 1, securing a policy with a Hurricane & Weather benefit is essential for protection.
Secondly, while predicting storm paths can be tricky, there are ways to optimize travel insurance costs. The premium primarily depends on the insured trip’s total value. To save on your policy, consider initially insuring only the refundable portion of your expenses. Many accommodations offer refunds up to a certain point before the trip. By insuring this refundable amount, you can initially keep your policy cost lower. As non-refundable expenses arise closer to your departure date, you can add them to your existing policy. Should the storm threat lessen, you can then decide whether to insure your entire trip cost.
Squaremouth’s Hurricane Travel Insurance Resource provides updated guidance and answers to frequently asked questions about storm coverage, equipping travelers with essential knowledge to make informed decisions during this active hurricane season.
