Hurricanes and Travel Insurance - is it covered?
A Guide to understanding how travel insurance responds to hurricanes.
Understanding how travel insurance responds to hurricanes can be a daunting
task because of the different coverages that are found in most travel insurance
plans. John Cook, President of QuoteWright.com says "We receive a large number
of calls from client's during the hurricane season asking about coverage for
trip cancellation coverage if their plans are changed by a hurricane.” He
explains that trip cancellation and interruption coverages are "named peril"
coverages, which means that only those “covered reasons” listed by the insurance
companies in their policies are considered by them as reimbursable reasons to
cancel or interrupt a trip.
Most travel policies do not specifically
mention hurricanes as a "covered reason" but will allow you to cancel or
interrupt your trip due to weather conditions if they cause your common
carrier(airline, train, cruise, bus) to stop operating. Usually they require
your common carrier to cease operating for a specific time period and as a
direct result it causes you to cancel or interrupt your trip. The period of time
that your common carrier has to be delayed varies from company to company,
starting from none to a minimum of 24 hours. Also most plans allow you to cancel
or interrupt your trip if your home is made uninhabitable due to a natural
disaster (hurricanes qualify as one). There is at least one company that also
includes your destination being made uninhabitable due to a natural disaster.
Companies usually include forced or mandatory evacuations due the hurricane as
uninhabitable.
Besides the trip cancellation and interruption coverages
many "package plans" have travel delay benefits which will reimburse you for
additional living expenses if your trip is delayed due to a natural disaster.
The travel delay coverage is a "named peril" coverage and most plans refer to a
delay caused by a "natural disaster" as being covered.
As with all
insurance the “covered reason” must be unforeseen at the time you are buying the
insurance. Generally it means that if the storm hasn't gotten on the map or
hasn’t been named then you should be ok.
Cook said that "travel
insurance can help you protect the investment you are making in your trip and
the best advice is to buy your travel insurance early."
About
QuoteWright.com
QuoteWright.com is a division of BC Group, LLC. It is an
on-line travel insurance comparison site that provides consumers with the
ability to compare and select the plan that is best for their travel needs. BC
Group is highly intergraded with their travel insurance partners and offers
coverages from the major travel insurance companies. The principals of BC are
nationally known and respected experts in the field of travel insurance and have
over 80 years of combined experience. Interested parties can find BC Group at http://www.quotewright.com
or by calling them at 800-821-4940.
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Source : http://www.prweb.com/releases/2005/9/prweb271219.htm