Is there really that much difference in the price of travel insurance in Ireland? Is it worth shopping around to save money?
We obtained some online quotes for a single 1 week trip in Europe for a group of 6 (4 adults and 2 children aged 16 and 7).
The insurance quotes we obtained all include cover for cancellation, missed departure, baggage loss, personal belongings as well as medical cover
Insurancebookers.ie €54.75
AA €66.66
Getcover.ie €77.50
Gosure €78.76
123.ie €83.80
One thing we did discover – is that the level of insurance cover varies drastically between the various policies. So our advice is be sure before you buy a travel insurance policy that you know what the policy covers you for . Don’t just buy the cheapest option and assume it will be OK – because you may not have the cover you thought you had.
For example - if we had selected the €52.46 “Bronze” option with 123.ie – it would not pay out anything at all for cancellation, curtailment or loss of baggage .
We could have got a cheaper single trip policy for just €44.75 from Insurancebookers – (Silver) which had cover of up to, €1500 for cancellation, €700 for baggage and €450 for missed departure
The cheapest travel insurance we found online – with the level of cover that we wanted was from InsuranceBookers at €54.75 . The policy included cover of up to €7000 for cancellation or curtailment, €3000 for baggage, €1000 for missed departure as well as €10 million Medical expenses.
The AA Travel policy ( €66.66) included cover of upto €6000 for cancellation or curtailment, €3000 for baggage, €800 for missed departure , €11 million Medical expenses.
Getcover insurance (€77.50) would cover upto €7000 for cancellation € 5000 for abandonment , €2500 for baggage, €2000 for missed departure , €10 million Medical expenses.
Gosure policy cover (€78.76) includes up to €6000 for cancellation or abandonment , €1800 for baggage, €360 for missed departure , €60 million Medical expenses.
123.ie policy cover (€83.80) includes upto €7000 for cancellation or abandonment , €3000 for baggage, €1000 for missed departure , €10 million Medical expenses.
We were also quoted the following prices online for annual travel cover (Europe No Ski) – so it would only be worth this group getting annual cover if they were having more than 4 trips abroad in a year.
Insurancebookers.ie €225
123.ie €229.83
Getcover.ie €230
AA €240.34
Gosure €297.90
All prices quoted online on July 27th 2010
Read here about Volcanic Ash and Travel Insurance