The study also showed that only 20 per cent of those surveyed had insured a leisure trip before the pandemic and 43 per cent did not purchase or even consider insurance for a holiday.
Fifteen per cent of respondents considered travel insurance before the outbreak but decided against it in the end. However, 29 per cent of Americans are still unlikely to insure their next trip, despite the impact of travel restrictions due to the virus this year.
Daniel Durazo, Director of Communications at Allianz Global Assistance USA, told TravelPulse: "Whenever we experience events that impact travel, consumers become more focused on how travel insurance may be able to help. Smart consumers and their travel advisors should learn how travel insurance can help cover losses for non-refundable, pre-paid expenses and add peace of mind to trip planning."
This research shows that while travel has always been unpredictable to a degree, the Covid-19 outbreak and imposed travel bans have shown a lot of Americans how much unexpected events can affect their travel plans. This seems to make a significant difference to how they consider to insure future holidays.