STREET. Petersburg, Florida, February 6, 2025 (Globe Newswire) – As travel costs Continue rising in 2025Many travelers are looking for ways to save money on their trips and travel protection, but in the process, they can be making expensive mistakes.

Squaremouth, the country’s leading travel insurance comparison, explains three errors that travelers who make them spend more than they need in travel insurance.

Omission travel cancellation coverage
In 2024, more than 40% of paid travel insurance claims They were due to trips that were canceled or cut, and travelers received an average payment of more than $ 2,000. With The 2025 costs of 24% during last yearIt is even more important for travelers with prepaid expenses to protect their financial investment on their trip.

Skipping Travel cancellation Coverage could leave it with great financial losses if something unexpected happens, such as getting sick, bad weather or a delay with your travel provider, which prevents you from traveling.

Squaremouth advice: It may seem that it is saving money by reducing coverage, but it has many non -reimbursable costs, it is worth obtaining a policy that includes the cancellation of Trip to protect its investment.

Overestimation of your non -refundable travel costs
While it is important to have travel cancellation coverage, make sure you are not “in excess” your trip. The total cost of his trip plays an important role in determining his insurance cousin. You have the option to ensure everything, part or none of your travel expenses, but coverage only applies to prepaid and non -refundable costs.

Squaremouth advice: Just ensure the amount you would really lose if you need to cancel. For example, if you face a 50% cancellation rate for a hotel reservation, just make sure that 50% instead of the total cost of the hotel reduces the price of its policy.

With a view to the most affordable policies
When buying travel insurance, the highest cost is not always equal to better coverage. Many travelers discard cheaper options without realizing that less expensive policy could offer the same protection as more expensive.

Squaremouth advice: Choose the most affordable policy that still covers your needs. Start to determine how much coverage you need for your trip, then compare the plans to find the least expensive option with the best coverage for your situation.