How To Determine If a Travel Insurance Company Is Reputable

One of the most important factors in choosing a travel insurance provider is its reputation and financial stability.  To learn more about a travel insurer:

Review your travel insurer’s financial ratings – there are several organizations which rate the financial health and relative size of insurance companies, the most prominent of which is A.M. Best Company.   A.M. Best is an insurance-specific rating organization specializing in credit ratings of the financial ability of an insurance company to pay claims.  All travel insurers represented on tripinsurance.com are A rated (either A-, A or A+) and Excellent or Superior by A.M. Best Company. Use the links below to view the A.M. Best Rating for travel Insurers on tripinsurance.com:

BCS Insurance Company

Nationwide Mutual Insurance Company

Old Republic Insurance Company

United States Fire Insurance Company

Visit the website of the US Travel Insurance Association – USTiA is a national trade association of insurance companies, administrators and other providers.  USTiA members adhere to a code of ethical conduct and practices.

To check about claim practices review information from the Better Business Bureau Online, which keeps a record of official complaints about companies and how they were resolved.

Be assured when you buy travel insurance from tripinsurance.com, that you are buying from a trusted source providing policies from financially stable insurers.  And by buying your travel insurance direct at tripinsurance.com, you can save up to 40% or more than available from other travel insurance comparison websites and providers.

 

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