Best Way to Buy Travel Insurance Abroad in 2025: Updated Guide for the US and Europe
When planning an international trip, the question of how to buy travel insurance abroad in 2025 is more important than ever. With rising healthcare costs, unpredictable weather, and increased travel disruptions, skipping travel insurance can be a costly mistake. This guide will walk you through how to get the best value for your money, based on the latest US and European market data.
Why Travel Insurance Is Non-Negotiable in 2025
Global travel risks have changed drastically over the last few years. According to the U.S. Travel Insurance Association, medical expenses for travelers have increased by an average of 12% annually since 2020. In Europe, the European Travel Commission reports that emergency medical bills can exceed €20,000 for uninsured tourists.
Beyond medical costs, flight cancellations, lost luggage, and trip delays are at an all-time high. In 2024 alone, over 1.2 million travelers filed claims for non-medical reasons.
Key Types of Coverage to Consider
Not all travel insurance policies are created equal. Here’s what to prioritize in 2025:
| Coverage Type | Why It Matters | Average Cost in 2025 (US & EU) |
|---|---|---|
| Emergency Medical Coverage | Protects against unexpected hospital bills | $50–$100 per week |
| Trip Cancellation/Interruption | Refunds prepaid costs if you must cancel or cut short your trip | 5–7% of total trip cost |
| Baggage & Personal Belongings | Covers lost, stolen, or damaged items | $25–$50 per week |
| Evacuation & Repatriation | Critical for remote destinations | $40–$80 per week |
Pro Tip: Many US credit cards, such as those compared on NerdWallet’s travel insurance guide, include basic coverage, but these often have low limits and exclusions.
How to Get the Best Value
1. Compare Policies From Multiple Providers
Use a licensed comparison platform like Squaremouth or insuremytrip.com to compare coverage levels, exclusions, and customer reviews. Prices can vary up to 40% for similar benefits.
2. Tailor Your Coverage to Your Trip
Don’t overpay for coverage you won’t need. For example, skip winter sports add-ons if you’re headed to a beach holiday.
3. Check Destination-Specific Requirements
Some countries—like Cuba, Thailand, and parts of the EU—require proof of insurance upon entry. Make sure your policy meets the minimum coverage amounts.
4. Bundle When Possible
If you travel frequently, consider annual multi-trip insurance. It’s often cheaper than buying separate policies for each trip.
Real-World Case Study: How One Traveler Saved $300
In 2024, Anna, a US-based freelancer, planned three trips to Europe. Initially, she considered buying separate single-trip policies for each journey, totaling $620. After comparing annual plans, she found one with similar coverage for $320—saving $300 and avoiding repetitive paperwork.
Common Mistakes to Avoid
- Buying solely on price: Cheaper isn’t always better—review exclusions carefully.
- Overlapping coverage: If you already have protection via your credit card, avoid paying for the same benefits twice.
- Ignoring pre-existing condition clauses: Many policies exclude claims related to pre-existing health issues unless purchased soon after booking.
Quick Steps to Buy Smart
- Define your needs – medical coverage, trip costs, activities.
- Compare at least 3 providers – focus on claim reputation.
- Read exclusions carefully – especially for high-risk activities.
- Purchase early – to secure pre-existing condition coverage.
FAQs
Q: Is travel insurance worth it for short trips?
A: Yes—emergency medical expenses abroad can cost thousands, even for a weekend getaway.
Q: Can I buy travel insurance after departure?
A: Some providers allow this, but coverage may be limited and more expensive.
Q: Are US and EU policies interchangeable?
A: No—coverage requirements and healthcare systems differ significantly.
Final Thoughts
Buying travel insurance abroad in 2025 isn’t about finding the cheapest policy—it’s about finding the most suitable one for your travel style, destination, and risk tolerance. By comparing providers, tailoring your coverage, and avoiding common mistakes, you can save money without sacrificing peace of mind.
