When Is Travel Insurance Worth It?

Now that Americans returning to the U.S. from abroad are no longer required to test for COVID-19 before boarding a plane, you might be wondering whether to pay up to insure your trip. Travel insurance often seems like an unnecessary cost, particularly when fares are refundable or you don’t have to pay a change fee. But there are situations when you must have it, as well as times when it’s not required but is worth paying for.

What travel insurance covers

Some credit cards provide insurance, but the coverage is limited. By contrast, comprehensive travel insurance policies cover a wide range of expenses. A comprehensive travel policy typically covers