Hurricane season will see TI demand jump

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InsureMyTrip is expecting a leap in demand for travel insurance ahead of 2018’s hurricane season.
Travel insurance

Travel insurance provider InsureMyTrip in the US is expecting a leap in demand for travel insurance ahead of 2018’s hurricane season.

According to the company’s forecasts, it anticipates a 20-per-cent rise in call volume for travellers seeking insurance coverage to protect them from disruption and damage during hurricane season, which officially commences on 1 June and lasts until 30 November. InsureMyTrip also believes that 75 per cent of its customers will choose comprehensive policies for their summer trips.

The provider advises travellers who are concerned about the potential for hurricanes to cause havoc on their holidays to purchase travel insurance early, as once a storm starts forming it is considered a ‘foreseeable event’, and thus any subsequently purchased insurance will not cover any losses related to it. There are only a few plans that will cover a NOAA-issued hurricane warning, InsureMyTrip was keen to inform holidaymakers.