Holiday insurance

piper417

Hi there. Booked to go Jamaica late November 2020. I went to book my travel insurance today and the price has shot right up (unsurprisingly). I know I wouldn’t be covered for anything to do with covid 19 anyway but my question is, do I pay the increased price or just leave it and sort it out later? 

Westin

What is ‘substantial’, an increase of £350, £35, £10.  Do you feel the situation will improve if you hold out? Could the increase just be a temporary reaction by insurers as people who didn’t have insurance scrabble to buy it now? One for you to decide.

Certainly worth spending sometime looking at comparison sites and researching prices with insurers.

purplemusky

My query is similar I have a yearly policy which runs out today, the policy was with Thomas Cook so obvious I can’t renew. I have a package holiday booked with BA for August only paid deposit.  Now the costs of insurance have rocketed and you can no longer get cover for the virus, what do I do? Do I leave for now but I want be covered or a buy an inflated cost insurance to be covered?

Alan_Bowen

The issue with not buying insurance now is that you might have to cancel in the meantime for a sudden illness of you or a loved one or due to redundancy. If the only loss is your deposit and you are prepared to lose that, then maybe wait but as the balance die date approaches your losses could be much greater