How Much Does a Vacation Rental Travel Protection Plan Cost?

If you’re asking yourself, “how much is a travel protection plan?”, then you’ve come to the right place. To give you an idea of what a travel protection plan might cost relative to your trip, we’ve put together some highlights for you. Read on to learn more about how much a travel protection plan costs, what travel insurance and assistance services can do for you and decide for yourself if the price is worth it. 

What does a travel protection plan cost?

While costs vary, the average plan cost is somewhere between 4-12% of your total trip cost*.

If you’re on the fence, then consider this: an emergency situation can cost tens of thousands of dollars, but the protection plan might be a fraction of your trip cost. If you find yourself in this scenario, then it’s easy to justify the additional upfront expense for a travel protection plan.

At Generali Global Assistance, we offer three different plans—Travel Light, Travel Care and Travel Secure—which we have laid out in a handy side-by-side comparison. Each plan has a different cost, but as you step up, you receive additional coverages and coverage limits. And, whether you’re purchasing by phone or online, it doesn’t matter; the price is the same.

How We Calculate Your Travel Protection Price

When you enter your information into our quote form, have you wondered what happens behind the scenes to get you the right price for travel insurance?

It’s simple to get a quote to insure your trip. You only need to answer a handful of questions and an instant later we give you custom prices for your trip and the choice between three plans with different levels of protection. You can get the quote in an instant, but in the background we’re crunching numbers to make sure you get an accurate price for the coverage you need.

We’ve found the sweet spot to ask you the right questions to offer you the best price we can, while making the quote form easy to fill out. Consider this when shopping around: If a company is asking you too few questions, they may not be able to find the most accurate price for your travel situation.

A fee for 24/7 Travel Assistance Services are also included with our plans. With one call, we can provide live help with almost any issue while traveling – such as emergency cash transfers, concierge services, Identity Theft Resolution, roadside assistance and more.

Why the different costs? Coverage differences between plans

Before choosing a travel insurance plan, here’s a snapshot of some of the coverage differences for each plan that help explain why there’s a price difference:

• Our Travel Secure plan includes Vacation Rental Damage coverage that can cover you in the case of accidental damage to the rental and reimburse you if your damage deposit is withheld due to a covered loss.
  
  
• Trip Inconvenience coverage is only available with the Travel Secure plan. You can get a one-time payment of $250 if a golf course or amusement park closes due to at least half of the attractions being closed from severe weather, mechanical breakdown, power outage loss of essential services; or if the beach at your destination is closed for 24 hours or more by government authorities due to contamination by bacterial, algal, marine or water bloom or due to the nesting or migratory patterns of the destination’s wildlife, and there are no alternate open beaches within a 5 mile radius.
  
  
• Our Travel Care and Travel Secure plans include coverages that are especially important during your trip: Medical & Dental and Emergency Assistance & Transportation coverages.
  
  
• Trip Interruption is one of the most common reasons for making a travel insurance claim. Trip Interruption coverage provides reimbursement for unused, non-refundable, pre-paid trip costs if your trip is interrupted due to a covered event. Also, it provides reimbursement for additional transportation costs to return home or rejoin your group. It may reimburse up to 100% of your trip cost with the Travel Light plan and up to 150% for the Travel Care and Travel Secure plans.
  
  
• If you’re traveling with sports gear, then Sport Equipment Coverage is for you. It provides coverage for lost, stolen or damaged sporting equipment and is only available with the Travel Secure plan. Coverage is also included for Sporting Equipment Delay, that can reimburse you for sporting equipment rentals if your equipment is delayed for at least 24 hours.  

See our plan comparison table for more:

For a relatively small amount of the total trip cost, you can purchase travel protection that can help protect against common mishaps like Trip Interruption, Trip Cancellation and Trip Delay. Costs can add up quickly for emergency medical care or events like a cancelled flight due to adverse weather or lost or stolen baggage. As a general rule of thumb, if you’re investing more in your vacation than you can afford to lose, then consider travel protection from a reputable provider such as Generali Global Assistance.

If you’re still asking yourself, “how much does travel protection cost?,” then you can get right to the point—plug your trip details into our quote form find out exactly how much travel protection will cost for your trip. One purchase covers everyone staying at your vacation rental!

*Actual travel protection cost will vary depending on trip details.

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