According to travel insurance agency Squaremouth, the average travel insurance premium is currently $267.47.
Travel insurance weekly rates at a glance:Average premium: $267.47Average trip cost: $5,695.14Average trip length: 16 daysAverage cost of travel insurance by most popular destinationsIt's worth noting that some countries are naturally more expensive with flight and lodging costs, which could ultimately increase your travel insurance costs.
Policy type Average days between purchase to trip Average Trip length (days) Average trip cost Average cost of travel insurance Cancellation 53 14 $5,949.67 $362.86 Non-cancellation 16 21 N/A $97.48Source: SquareMouthInsider's Featured Travel Insurance Companies World Nomads Travel InsuranceAllianz Travel InsuranceTravelex travel insurance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.
When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency.
Before getting a travel insurance policy, it's essential to make sure that the terms match your needs or concerns.