Article
10 Best Travel Insurance Companies for 2025
Protect your next trip with the best travel insurance of 2025. Compare coverage for trip cancellation, medical emergencies, and lost luggage from top-rated providers.
Travel insurance protects your investment when unexpected events disrupt your plans. From trip cancellations to medical emergencies abroad, the right policy provides peace of mind.
Our team analyzed over 40 travel insurance providers, comparing coverage limits, exclusions, claims processes, and real customer experiences. Here are the 10 best options for 2025.
Quick Comparison
| Provider | Best For | Medical Coverage | Rating |
|---|---|---|---|
| 1. Allianz Travel Insurance | Best Overall | Up to $500,000 | ★4.9/5 |
| 2. World Nomads | Best for Adventure Travel | Up to $100,000 | ★4.8/5 |
| 3. Travel Guard by AIG | Best for Families | Up to $500,000 | ★4.8/5 |
| 4. Travelex Insurance | Best Value | Up to $100,000 | ★4.7/5 |
| 5. Generali Global Assistance | Best for International Travel | Up to $500,000 | ★4.7/5 |
| 6. HTH Travel Insurance | Best Medical Coverage | Up to $2,000,000 | ★4.6/5 |
| 7. Seven Corners | Best for Frequent Travelers | Up to $1,000,000 | ★4.6/5 |
| 8. IMG Global | Best for Long Trips | Up to $1,000,000 | ★4.5/5 |
| 9. Berkshire Hathaway Travel | Best for Luxury Travel | Up to $500,000 | ★4.5/5 |
| 10. Trawick International | Best for Students | Up to $250,000 | ★4.4/5 |
Our Top Picks in Detail
Allianz Travel Insurance
Allianz is the most recognized name in travel insurance, offering comprehensive plans with excellent customer service. Their OneTrip Prime plan covers most travelers' needs.
Pros
- ✓Comprehensive coverage options
- ✓24/7 hotline assistance
- ✓Fast claims processing
- ✓Cancel for any reason available
- ✓Covers pre-existing conditions
Cons
- ✗CFAR costs extra
- ✗Some exclusions apply
- ✗Price varies by destination
World Nomads
World Nomads is the go-to choice for adventure travelers. They cover activities like skiing, scuba diving, and bungee jumping that other insurers exclude.
Pros
- ✓Covers 200+ adventure activities
- ✓Buy while already traveling
- ✓Extend coverage on the go
- ✓Simple online claims
- ✓Designed for active travelers
Cons
- ✗No cancel for any reason
- ✗Lower medical limits
- ✗Age restrictions apply
Travel Guard by AIG
Travel Guard offers excellent value for families with free coverage for children under 17 on qualifying plans. Their comprehensive packages include rental car protection.
Pros
- ✓Kids covered free under 17
- ✓Comprehensive family plans
- ✓Strong medical coverage
- ✓Cancel for any reason option
- ✓Rental car coverage included
Cons
- ✗Complex plan options
- ✗CFAR has restrictions
- ✗Claims can take time
Travelex Insurance
Travelex offers competitive pricing without sacrificing essential coverage. Their Travel Select plan provides a good balance of protection and value.
Pros
- ✓Affordable base plans
- ✓Good cancellation coverage
- ✓24/7 assistance hotline
- ✓Multiple plan tiers
- ✓Cruise coverage available
Cons
- ✗Lower medical limits on basic plans
- ✗Limited adventure coverage
- ✗Add-ons increase price
Generali Global Assistance
Generali excels in international travel protection with a vast global network and strong medical evacuation coverage. Ideal for overseas adventures.
Pros
- ✓Excellent international coverage
- ✓Medical evacuation included
- ✓Strong overseas network
- ✓Multiple language support
- ✓Pre-existing condition waiver
Cons
- ✗Higher price point
- ✗Complex policy terms
- ✗Limited US domestic options
HTH Travel Insurance
HTH offers the highest medical coverage limits in the industry, making them ideal for travelers with health concerns or visiting remote destinations.
Pros
- ✓Highest medical limits available
- ✓Direct pay to hospitals
- ✓Extensive provider network
- ✓No deductibles on some plans
- ✓Telehealth included
Cons
- ✗No cancel for any reason
- ✗Trip cancellation limits
- ✗Less brand recognition
Seven Corners
Seven Corners offers excellent annual plans for frequent travelers, providing cost savings and convenience for those who take multiple trips per year.
Pros
- ✓Annual multi-trip plans available
- ✓Great for frequent travelers
- ✓High medical coverage
- ✓Customizable options
- ✓Good adventure coverage
Cons
- ✗Annual plans have restrictions
- ✗Complex plan selection
- ✗Some destinations excluded
IMG Global
IMG specializes in long-term travel coverage, perfect for extended trips, sabbaticals, or digital nomad lifestyles with comprehensive medical protection.
Pros
- ✓Covers trips up to 365 days
- ✓High medical limits
- ✓Good for expats and nomads
- ✓Flexible coverage periods
- ✓Mental health coverage
Cons
- ✗No CFAR option
- ✗Limited trip cancellation
- ✗Fewer domestic options
Berkshire Hathaway Travel
Backed by Warren Buffett's Berkshire Hathaway, this insurer offers premium coverage with high limits and concierge services for luxury travelers.
Pros
- ✓High baggage coverage limits
- ✓Premium trip coverage
- ✓Trusted Berkshire Hathaway backing
- ✓Concierge services included
- ✓Cancel for any reason option
Cons
- ✗Higher price point
- ✗May be overkill for budget trips
- ✗Limited basic plan options
Trawick International
Trawick offers affordable plans tailored for students and young travelers, with study abroad specific coverage and budget-conscious pricing.
Pros
- ✓Budget-friendly student plans
- ✓Study abroad coverage
- ✓Simple claims process
- ✓Affordable premiums
- ✓Good basic coverage
Cons
- ✗Lower coverage limits
- ✗No CFAR option
- ✗Limited premium options
How We Evaluate Travel Insurance
Our methodology for rating travel insurance providers:
Coverage Limits
- Trip cancellation and interruption amounts
- Medical and emergency evacuation coverage
- Baggage and personal effects protection
- Travel delay reimbursement
Policy Features
- Cancel for any reason availability
- Pre-existing condition coverage
- Adventure activity inclusion
- Flexibility and customization
Claims Experience
- Ease of filing claims
- Processing speed
- Customer service quality
- Claim approval rates
Frequently Asked Questions
When should I buy travel insurance?
Buy travel insurance as soon as you book your trip. Many benefits like cancel for any reason and pre-existing condition waivers require purchase within 14-21 days of your initial trip deposit.
What does travel insurance typically cover?
Most policies cover trip cancellation, medical emergencies, emergency evacuation, baggage loss/delay, and travel delays. Premium policies add cancel for any reason and higher limits.
Is cancel for any reason worth it?
CFAR typically costs 40-50% more and reimburses 50-75% of trip costs. It’s worth it for expensive, non-refundable trips or if you want maximum flexibility.
Does travel insurance cover COVID-19?
Most insurers now cover COVID-19 like any other illness for medical claims. Check specific policies for trip cancellation coverage related to COVID testing or quarantine requirements.
How much travel insurance do I need?
A good rule: your trip cancellation coverage should equal your total trip cost. Medical coverage of at least $100,000 is recommended for international travel, higher for remote destinations.
Can I buy travel insurance after booking?
Yes, but buying immediately after your first trip deposit is recommended to access time-sensitive benefits like pre-existing condition waivers and CFAR eligibility.