The visitors insurance industry is full of companies claiming that they have the best visitors insurance deals, but many of those claims are not true. The following tips will help you find the best visitors insurance deal on a plan that really works to protect a traveler.
It's Not a Deal if the Coverage Isn't There When You Need It
Be sure to compare the insurance plan coverage to get the right visitors insurance deal for the person who is traveling. After all, it's not a good deal if the coverage doesn't pay out when you need it to, right?
Whether you're buying the plan for yourself or for a family member, it's important to think about the coverage the traveler will need and the risks involved in their trip. If your mother is visiting you in the U.S. to see the new baby, for example, get adequate coverage for her that covers for any emergency medical care she would need on her trip. The policy should cover for medical expenses, as well as ambulance transportation, medicine, x-rays, and more.
Cheapest Isn't Always the Best Deal on Visitors Insurance
There is a saying you've probably heard before: "you get what you pay for." It means you can only expect to receive what you've paid for - and the saying is never truer than when it is applied to visitors insurance. If you choose the first and cheapest plan and don't read through the coverage, you may not have the protection you need when you need it most.
Some travelers need more protection than others do. If your father has a pre-existing medical condition for which he has visited a doctor and may or may not be taking medicine, it's important to know that ahead of time and get the coverage that will pay for his medical treatment despite his medical condition. It may not be the cheapest plan, but the cost won't come near what you will have to pay if he needs medical care.
Be Wary of Discounts
The rules of visitors insurance are relatively clear - if a traveler takes the time to learn them. However, there are many companies that will try to entice travelers with 'discounts' on their visitors insurance. Insurance is a heavily regulated industry in the US. Because of this, prices are set for insurance companies. There really are no discounts per-se with visitors insurance because the cost of the insurance plan is determined by a limited number of factors: age, distance, medical conditions, and the plan limits you choose.
You can certainly buy a plan with higher medical limits (say, $200,000 versus $50,000) and that decision will raise the cost of the insurance plan slightly, but there is no way to discount the plan and get the higher medical limits for the same amount as you'd spend for the lower medical limit. Visitors insurance just doesn't work that way.
Insurance is certainly not the most interesting subject , it can be difficult, tricky and complex to understand an insurance policy and all the insurance specific terms and coverage details. It is advisable to consult a qualified and insurance expert to discuss your need and get their guidance to pick the right type policy and coverage. Pick your agent or online resource carefully.