As Trip Costs Rise, U.S. Residents Increase Travel Insurance Spending

August 11, 2017 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

  • The most expensive trip insured on in the past year was $146,496
  • The overall average trip cost for U.S. residents in the past year is up to $3,779
  • With an average of $5,011, South Carolina residents spent the most per trip, while Arkansas residents spent the least with an average of $2,351

Spending on Travel Insurance Increases Nationwide
Residents from 46 states and D.C. increased the total amount they spent on travel insurance over the past year.

  • 9 states saw year-over-year increases of more than 30%
  • Alaskan residents spent 50% more on travel insurance in the past year, the largest increase of any state
  • Compared to last year, residents of Oklahoma spent the least on travel insurance with a decrease of 10%

Mexico Remains the Top Destination for Most States
Mexico has been the most popular international destination for U.S. travelers every year for the past six years.

  • Mexico is the top international destination for travelers from 37 states
  • Italy is the second most popular international destination overall

Squaremouth compares travel insurance policies from every major travel insurance provider in the United States. Using Squaremouth’s comparison engine and third-party customer reviews, travelers can research and compare insurance products side-by-side. More information can be found at 

Available Topic Expert:
Steven Benna
(727) 619-7262

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SOURCE Squaremouth

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