When booking travel, particularly expensive trips consisting of nonrefundable reservations, it makes sense to consider trip cancellation insurance since it can protect your deposit if your plans do not materialize due to unforeseen events. However, not every reason for canceling a trip will qualify for coverage, so you’ll want to familiarize yourself with the basics... Elina Geller is a writer at NerdWallet.
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Elina Geller, NerdWallet.com
Fri, 09/25/2020 - 8:44am
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What Is Trip Cancellation Insurance? Trip cancellation insurance is a type of travel insurance. With trip cancellation coverage, you can get reimbursement for nonrefundable prepaid travel expenses if you need to cancel your trip before departure.
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Trip cancellation. Get reimbursed for up to 100% of your prepaid, nonrefundable trip costs if you need to cancel your trip before you leave due to qualifying unforeseen reasons. Find out how canceled flights are covered. Trip interruption.
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