Exploring the enchanting cities, picturesque landscapes, and diverse cultures of Europe is a dream come true for many travelers. Whether you’re strolling through the historic streets of Rome, savoring the culinary delights of Paris, or hiking the scenic trails of the Swiss Alps, a European adventure promises unforgettable moments and cherished memories. However, as with any journey, unforeseen events can occur, potentially disrupting your plans and finances. This is where European travel insurance steps in as your reliable companion.
In this comprehensive guide, we delve into the world of European travel insurance, shedding light on its significance, types, and how it ensures your journey remains a memorable and worry-free experience. From protecting your health to safeguarding your belongings and even offering peace of mind in the face of unexpected travel interruptions, this guide will equip you with the knowledge needed to make informed choices and embark on your European escapade with confidence. So, let’s embark on a journey through the world of European travel insurance and discover how it can be your ultimate travel safeguard.
Why Should You Buy Travel Insurance for Europe?
Travel insurance for Europe is important as it helps protect you against unexpected expenses during your trip. For example, you may require medical services if you get injured or ill, your trip may be cancelled, you may lose your luggage, or you may even need to suddenly return to your home country. Travel insurance covers these expenses, saving you from paying several thousand dollars.
Overall, having a travel insurance policy ensures peace of mind as you travel and enjoy your trip to Europe without worrying about the costs of any unplanned events.
Things to Keep in Mind When Buying Travel Insurance for Europe
Here are some important things you need to consider before you purchase your travel insurance policy for your trip to Europe:
- Coverage level. You need to make sure you find a travel insurance policy with comprehensive coverage, especially when it comes to medical coverage. You must make sure your policy covers the exact countries you’ll be visiting, and it also includes other benefits such as trip cancellation, repatriation, and lost/damaged items.
- Cost. Make sure to turn to insurance comparison marketplaces or insurance brokers to compare and contrast different insurance prices with different benefits. Check out the maximum amount of coverage for each benefit that these policies offer and see which one suits your need. Please keep in mind that the cheapest policy will not always offer the best coverage, but at the same time, an overly expensive one may have benefits that you don’t need.
- Additional benefits. Prepare your trip to Europe carefully, so you know what you’ll be doing while there. For example, if you plan on partaking in dangerous activities, you will need to include additional benefits to your medical coverage. Also, some policies may allow you to customize your plan according to your needs, so consider whether this option works for you.
- Coverage length. Make sure that your policy covers you for the whole duration of your trip otherwise, you may encounter problems if you exceed your coverage length maximum. For example, some companies may not allow you to extend your policy after the maximum length has passed.
- Provider review. Check the provider carefully, and find reputable providers who are experts with European travel health insurance. Verify their eligibility by checking out who underwrites the policy, checking out reviews from other customers, and checking to see if they have 24/7 emergency assistance. Ensure you particularly pay attention to the feedback regarding claims that others have filed with that provider.
- Common pitfalls to watch out for. Pay attention to some common pitfalls you may encounter when purchasing your European travel insurance. Don’t assume all policies are the same— there are different providers that offer different policies. Make sure you buy your policy on time and pay attention to the list of inclusion and exclusion for each benefit your policy offers.
- The fine print. Read the fine print of your insurance policy carefully. Pay attention to the wording and to the specifics of how you can file an insurance claim with your providers. Take your time before your buy a policy, and make sure you purchase an insurance plan that checks out all of your boxes.
What Does Travel Insurance for Europe Cover?
A good travel health insurance plan for Europe must include coverage for the following services:
- Medical emergency services. A common misconception visitors have when visiting Europe is that because most countries offer universal healthcare, they assume their medical expenses are paid. However, tourists shoulder the cost of medical insurance themselves. So, should you need medical care while travelling in Europe, you pay for the services out of pocket. This is why you need travel insurance to cover these services. For a trip to Europe, you’re usually advised to include coverage for medical emergencies up to €100,000.
- Trip cancellation coverage. Often travel plans can change due to personal circumstances or other events such as natural disasters, now with Covid, even due to pandemics. You never know when you may need to cancel or delay your trip, so you must have insurance to cover the financial losses you experience from a cancelled trip.
- Coverage for missing, lost, or stolen items. During travels, you may encounter many issues, such as losing your luggage, having your things stolen, or losing them. Your travel insurance ensures you are covered in any of these unplanned events and helps you pay the costs of replacing your items.
- Repatriation of remains. In the unfortunate event of accidental death or dismemberment, travel insurance must offer coverage for the repatriation of remains or emergency evacuation.
It’s important to remember that travel insurance plans differ depending on the provider and the type of policy. Some plans may include other added benefits, while others may exclude specific services. Read the coverage areas of your insurance policy carefully and see if it fits your needs.
What Is Not Included in Europe Travel Insurance?
Usually, the following benefits are not included in a travel insurance policy:
- Pre-existing conditions. Pre-existing medical conditions are not usually covered by travel insurance unless your provider offers specific benefits. Some insurance companies may provide coverage for pre-existing conditions based on when you buy your insurance policy. Some providers may provide coverage only for the acute onset of a pre-existing condition.
- Coverage for expensive gadgets. While most providers offer coverage for lost, stolen, or damaged items, these do not include specific items such as a laptop, expensive camera equipment, tablets, gaming consoles, drones, etc. If you want coverage for these items, you may be required to pay extra for an additional benefit.
- Routine medical check-ups. Coverage for emergency medical services does not include coverage for regular medical check-ups. If you plan on visiting a medical facility in Europe for a routine check-up, you cover the costs alone.
- Adventurous activities. A basic travel insurance plan does not include medical coverage for adventurous activities or sports (bungee jumping, paragliding, mountain biking, climbing, etc.). If you get hurt while doing a dangerous sport, your insurance won’t cover the medical expenses you incurred unless you specifically buy a policy with that additional coverage.
- Injuries due to an intoxicated state. If you get injured or require medical attention under substance influence (alcohol or drugs), your travel insurance won’t cover those expenses.
Depending on your provider, other benefits may not be covered by your insurance, so always check with your provider and policy first.
Best European Travel Insurance Companies
Some of the best insurance companies— based on their reputation, experience, and overall customer satisfaction— that offer travel insurance to Europe include the following:
- AXA Travel Insurance.
- Europ Assistance.
- Allianz Travel Insurance.
- Mondial Care.
You can find other reputable insurance companies specializing in Europe insurance via the popular comparison website. Here you can compare and contrast several travel insurance plans from insurance providers: AXA, Europ Assistance, Allianz and Mutuaide.
You can see their different price ranges, coverage options, and additional benefits. With this, you’ll better understand what insurance plan suits you and your family members for your trip to Europe.`
How Much Does European Travel Insurance Cost?
A one-week insurance plan for two people in Europe can go from €30 to €100 depending on different factors that affect the price of your insurance. Typically, the cost of your Europe travel insurance can go up to 4% or 12% of your overall trip.
Several factors affect the price of your insurance, such as the following:
- Age. Usually, the older you are, the higher the price of your insurance, as people of older ages tend to require more medical attention.
- The number of policyholders. Single travellers usually pay less for individual coverage but more if they’re travelling with a partner or other family members.
- Duration of the trip. The longer the trip, the longer the duration of your insurance, resulting in a higher cost of your premium.
- Health condition. A poor health condition may require more medical coverage, which increases the price of your travel insurance.
- Add-ons. The more additional benefits you add to your insurance, the higher the price of your insurance.
- Other factors. Other similar factors may also affect the price of your insurance, such as the provider, the coverage area, the deductible, and so on.
As you prepare for your European adventure, remember that while no one wants to anticipate mishaps, a wise traveler is a prepared traveler. European travel insurance isn’t just a safety net; it’s your peace of mind in a foreign land. By choosing the right coverage tailored to your needs, you’re ensuring that unexpected disruptions won’t overshadow the magic of your journey. Whether it’s medical emergencies, trip cancellations, lost luggage, or unforeseen travel hiccups, European travel insurance has got your back.
So, before you set off on your European expedition, take a moment to explore your insurance options. Research, compare policies, and choose one that aligns with your travel goals. With the right protection in place, you can savor every moment, create lasting memories, and revel in the rich tapestry of Europe, knowing that you’re prepared for whatever comes your way. Safe travels, and may your European adventure be everything you’ve dreamed of and more.