Best Travel Insurance Companies and Plans

We analyzed 13 companies and 43 plans to find the best travel insurance for every type of traveler. Our team evaluated coverage, costs and customer service.

See the best travel insurance companies and plans for you below.

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Updated: October 27, 2025

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Key Takeaways
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World Nomads is the best overall travel insurance company, with a 93 out of 100 MoneyGeek score. It excels in affordability, and its Epic plan (94 score) offers comprehensive coverage.

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Generali offers the best value with strong affordability (94 cost score), Allianz Premier provides the best premium plan with maximum coverage limits, and Tin Leg has the best medical coverage with plans up to $500,000.

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Your trip type determines the right plan. Budget travelers save with World Nomads Standard, families get better support from Travel Guard, and adventure travelers need World Nomads' built-in sports coverage.

Best Travel Insurance Companies

World Nomads scores 93 overall, combining low costs with strong coverage. Allianz earns a perfect 100 for customer service, and Tin Leg provides up to $500,000 in medical coverage.

  • Best Overall: World Nomads (93 score)
  • Best Premium: Allianz Premier (91 score, maximum limits)
  • Best Value: Generali (92 score)
  • Best Trip Cancellation: IMG
  • Best Medical: Tin Leg (up to $500,000)
  • Best Adventure Sports: World Nomads (sports coverage built in)
  • Best for Families: Travel Guard
  • Best Claims and Service: Allianz (100 score)
  • Best CFAR: Allianz Prime/Premier (80% "Cancel Anytime")
  • Best Baggage: AXA Platinum ($3,000 total, $750 per item)

How We Evaluated Travel Insurance Plans: Our Methodology

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Best Overall: World Nomads (93/100 Overall Score)
World Nomads

World Nomads earns a 93 overall score with the top affordability rating (98) and strong coverage (86). Its three plans (Standard, Explorer and Epic) range from budget-friendly to premium. The company focuses on adventure sports coverage, digital nomad protection and policies that allow last-minute changes without penalties.

Epic (94 score) and Standard (92 score) are the standout plans from World Nomads. Epic offers:

  • 75% CFAR coverage up to $11,250 (purchased within 7 days, 2-day notice)
  • Up to $250,000 in emergency medical coverage
  • Up to $1,000,000 in emergency evacuation coverage
  • Up to $3,000 in baggage coverage ($500 per item)
  • Built-in adventure sports coverage for activities like skiing, scuba diving, and rock climbing

The Standard plan provides great value with a perfect 100 cost score while delivering $100,000 in emergency medical coverage and comprehensive adventure sports protection. It's ideal for budget-conscious travelers who still want quality coverage.

World Nomads scores lower in claims and service ratings (89) compared to companies like Allianz (100) and Travel Guard (98). Its CFAR purchase windows are shorter than competitors like IMG and Generali, and the Explorer plan offers only 50% CFAR coverage while most competitors provide 75%.

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Best Premium Plan: Allianz Premier (91/100 Overall Score)
Allianz

Allianz Premier has the highest coverage limits across all categories while maintaining the company's perfect claims and service ratings (100). This plan is designed for high-value trips and travelers who want comprehensive protection. The Premier plan combines the highest trip cancellation limits ($200,000), strong medical coverage and Allianz's industry-leading customer service.

Premier provides:

  • Up to $200,000 in trip cancellation coverage
  • 80% "Cancel Anytime" coverage up to $16,000
  • Up to $75,000 in emergency medical coverage
  • Up to $1,000,000 in emergency evacuation coverage
  • Up to $2,000 in baggage coverage ($750 per item)

Maximum coverage comes at a higher price (77 cost score), making this plan worth it for expensive trips that need comprehensive protection.

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Best Value Travel Insurance: Generali (92/100 Overall Score)
Generali Global Assistance

Generali has the best value with the second-highest affordability score (94), combined with solid coverage (88) and perfect stability (100). The company offers three plans: Standard, Preferred and Premium, all featuring 100% trip cost coverage with no arbitrary dollar caps. Generali offers comprehensive pre-existing condition waivers and flexible CFAR options, making it ideal for travelers who want premium features without premium prices.

Preferred (93 score) and Premium (90 score) offer the best value from Generali. Preferred provides:

  • 100% trip cost coverage for cancellation and interruption
  • Up to $150,000 in emergency medical coverage
  • Up to $500,000 in emergency evacuation coverage
  • Up to $1,500 in baggage coverage ($500 per item)
  • Pre-existing condition waiver with no purchase window restrictions

The Premium plan adds 75% CFAR coverage with no dollar cap and extends the purchase window to 24 hours after final payment, giving you more flexibility than most competitors while maintaining excellent value with its 85 cost score.

Generali scores lower in claims and service, with an 89 score that trails behind Allianz (100) and Travel Guard (98). Its Standard plan doesn't offer any pre-existing condition coverage.

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Best Trip Cancellation Coverage: IMG (95/100 Coverage Score)
IMG

IMG earns the highest coverage score (95) among all companies, offering comprehensive plans that include some of the most generous CFAR terms in the industry. The company provides four distinct plans: Choice, LX, Lite and SE, each offering maximum flexibility for trip changes and cancellations. IMG offers extended CFAR purchase windows up to 21 days and no dollar caps on CFAR coverage, giving travelers more time to decide and better reimbursement potential.

Choice (94 score) and LX are the best options from IMG. Choice offers:

  • 75% CFAR coverage with no dollar cap (purchased within 21 days, 48-hour notice)
  • Up to $100,000 in emergency medical coverage
  • Up to $500,000 in emergency evacuation coverage
  • Up to $1,000 in baggage coverage ($250 per item)
  • Comprehensive pre-existing condition waiver with 21-day purchase window

The LX plan provides premium coverage with up to $150,000 in trip cancellation protection and $500,000 in emergency medical coverage, plus the flexibility to purchase CFAR coverage at or before final payment.

IMG has geographic restrictions, as CFAR coverage isn't available in New York, and its claims and service score (95) trails slightly behind Allianz's perfect rating.

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Best Medical Coverage: Tin Leg (94/100 Coverage Score)
Tin Leg

Tin Leg has the best medical coverage with the highest emergency medical limits in our analysis, offering up to $500,000 in coverage through its Gold plan. The company provides seven plans: Basic, Economy, Standard, Gold, Silver, Luxury and Platinum, giving travelers extensive options to match medical coverage needs. Tin Leg offers comprehensive medical protection while maintaining competitive pricing across its plan portfolio.

Gold (91 score) and Silver (93 score) are the standout medical options from Tin Leg. Gold offers:

  • Up to $500,000 in emergency medical coverage
  • Up to $500,000 in emergency evacuation coverage
  • 75% CFAR coverage with no dollar cap (purchased within 14 days, 48-hour notice)
  • 100% trip cost coverage for cancellation and interruption
  • 14-day pre-existing condition waiver

The Silver plan provides excellent value with $250,000 in emergency medical coverage and a higher total score (93) while maintaining strong coverage across all categories.

Tin Leg scores lower in claims and service ratings (89), with fewer customer service hours and options. Its budget plans offer lower premiums but reduced medical coverage limits.

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Best for Adventure Sports Coverage: World Nomads (98/100 Affordability Score)
World Nomads

World Nomads specializes in adventure and extreme sports coverage, making it the best choice for travelers planning activities like skiing, scuba diving, rock climbing or mountaineering. The company's three plans include comprehensive adventure sports coverage as a standard benefit rather than an expensive add-on. World Nomads serves backpackers, digital nomads and adventure travelers with policies designed for extended trips and spontaneous itinerary changes.

Epic (94 score) and Explorer (93 score) offer the best adventure coverage. Epic provides:

  • Covers 200+ adventure activities
  • 75% CFAR up to $11,250
  • Up to $250,000 emergency medical
  • Up to $1 million emergency evacuation
  • No location limits on covered activities

The Explorer plan covers adventure activities with 50% CFAR and $150,000 in medical coverage at a lower price point.

World Nomads' claims and service score (89) trails Allianz and other top providers. Its CFAR percentages also fall below industry leaders.

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Best for Families: Travel Guard (98/100 Claims and Service Score)
Travel Guard

Travel Guard has the best family-friendly coverage with the second-highest claims and service score (98) and comprehensive benefits that address common family travel concerns. The company offers three plans: Essential, Preferred and Deluxe, each providing strong missed connection benefits and family-oriented coverage options. Travel Guard offers responsive customer service and a straightforward claims process, useful when traveling with children and dealing with unexpected situations.

Travel Guard's best family options are Preferred (93 score) and Deluxe. Preferred offers:

  • Up to $1,000 in missed connection coverage
  • Up to $50,000 in emergency medical coverage
  • 50% CFAR coverage with no dollar cap (purchased within 15 days, 48-hour notice)
  • Up to $1,000 in baggage coverage ($500 per item)
  • Strong pre-existing condition waiver with 15-day purchase window

The Deluxe plan has enhanced coverage with $150,000 in emergency medical protection and $2,500 in baggage coverage, ideal for families carrying valuable electronics and equipment.

Travel Guard scores lower in affordability, with an 88 cost score compared to value leaders like World Nomads and Generali.

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Best Claims and Service: Allianz (100/100 Claims and Service Score)
Allianz

Allianz scores 100 for claims and service, ideal for travelers who value quick customer support and fast claims. The company's three plans (Basic, Prime and Premier) include access to Allianz's global network and 24/7 emergency help. With a 100 stability score and decades of experience, Allianz delivers reliable support when you need it.

Prime (92 score) and Premier (91 score) deliver the best service experience from Allianz. Prime offers:

  • 80% "Cancel Anytime" coverage up to $16,000
  • Up to $50,000 in emergency medical coverage
  • Up to $500,000 in emergency evacuation coverage
  • 24/7 customer support
  • Pre-existing condition waiver (buy within 14 days)

The Premier plan covers up to $200,000 for trip cancellation and $75,000 for medical emergencies, with identical service.

Allianz costs more (86 cost score) than budget options, making it best for travelers who want top-tier service over lower prices.

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Best CFAR Coverage: Allianz Prime/Premier (80% "Cancel Anytime")
Allianz

Allianz offers the best cancel for any reason coverage. The company has the industry's highest CFAR percentage at 80% through its "Cancel Anytime" benefit on both Prime and Premier plans. This coverage allows travelers to cancel a trip for any reason and receive 80% reimbursement of non-refundable trip costs, providing maximum flexibility for changing travel plans. The coverage includes a reasonable $16,000 cap and can be purchased within 14 days of trip booking.

Prime (92 score) and Premier (91 score) offer identical CFAR terms with excellent overall value. The key differences lie in the base coverage limits, with Premier providing higher trip cancellation ($200,000 vs. $100,000) and medical coverage ($75,000 vs. $50,000) limits.

Allianz has a shorter 14-day purchase window than competitors like IMG (21 days) and Generali (24 hours after final payment), requiring faster decision-making from travelers.

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Best Baggage Coverage: AXA Platinum ($3,000 Total, $750 per Item)
AXA

AXA Platinum has the most comprehensive baggage protection in our analysis, with up to $3,000 in total coverage and industry-leading $750 per-item limits. This makes it ideal for travelers carrying expensive electronics, camera equipment or luxury items that exceed competitors' $250 to $500 per-item limits. The plan also features no deductible on baggage claims.

Platinum provides:

  • Up to $3,000 total baggage coverage (highest in our analysis)
  • $750 per-item coverage limits
  • No deductible on baggage claims
  • 75% CFAR coverage with no dollar cap
  • Up to $250,000 in emergency medical coverage

AXA scores lower overall due to affordability concerns and limited plan variety. Compared to competitors with more diverse portfolios, AXA offers only three plans.

Ranking the Best Travel Insurance Plans

Our research team analyzed 43 travel insurance plans across 13 companies, evaluating each plan's cost effectiveness, coverage comprehensiveness, company stability, and claims and service quality. World Nomads Epic and IMG Choice tie for first place with 94 total scores, while World Nomads Explorer rounds out the top three with a 93 score. 

Here are the best travel insurance plans:

1
World Nomads
Epic
94
96
97
95
89
2
IMG
Choice
94
97
88
100
95
3
World Nomads
Explorer
93
99
84
95
89
4
Tin Leg
Silver
93
91
97
95
89
5
Generali
Preferred
93
98
87
100
89
6
Travel Guard
Preferred
93
90
89
100
98
7
Allianz
Prime
92
87
91
100
100
8
Generali
Standard
92
99
82
100
89
9
Nationwide
Prime
92
89
93
100
89
10
World Nomads
Standard
92
100
76
95
89
11
Travel Insured
Deluxe
91
95
84
95
89
12
Travel Insured
Essential
91
98
81
95
89
13
Allianz
Premier
91
77
100
100
100
14
Tin Leg
Gold
91
89
92
95
89
15
BHTP
ExactCare Value
91
92
81
100
96
16
Travel Guard
Essential
91
95
77
100
98
17
Nationwide
Essential
91
96
80
100
89
18
Generali
Premium
90
85
95
100
89
19
BHTP
ExactCare Extra
90
88
85
100
96
20
Allianz
Basic
91
94
75
100
100
21
Travel Insured
Platinum
90
84
93
95
89
22
BHTP
LuxuryCare
89
86
86
100
96
23
BHTP
ExactCare
89
88
82
100
96
24
AXA
Gold
90
86
89
100
89
25
AXA
Platinum
88
78
95
100
89
26
Travel Guard
Deluxe
89
81
95
100
98
27
World Trips
Elevate
89
85
87
95
89
28
AXA
Silver
88
90
78
100
89
29
Seven Corners
Choice
88
86
85
95
89
30
World Trips
Explore
87
85
82
95
89
31
Travelex
Ultimate
87
80
85
100
99
32
Seven Corners
Basic
87
87
80
95
89
33
IMG
SE
86
82
88
100
95
34
Tin Leg
Luxury
85
84
82
95
89
35
World Trips
Escape
85
85
78
95
89
36
Travelex
Advantage
84
82
76
100
99
37
IMG
LX
84
79
89
100
95
38
Tin Leg
Standard
83
86
75
95
89
39
Tin Leg
Platinum
82
84
75
95
89
40
Travelex
Essential
81
80
72
100
99
41
Tin Leg
Basic
80
82
73
95
89
42
Tin Leg
Economy
79
85
68
95
89
43
IMG
Lite
75
78
65
100
95

What Is the Best Travel Insurance Coverage for You?

Travel insurance plans offer different coverage limits and benefits, so understanding your financial protection needs helps you choose the right plan. Here's what to expect across travel insurance plan tiers:

Basic

$10,000–20,000

$25,000–50,000

$500–750

Short domestic trips, travelers with health insurance
Mid-Tier

$50,000–100,000

$100,000–250,000

$1,000–1,500

International travelers, longer trips
Premium
$150,000+

$250,000–500,000

$2,000–3,000

Expensive trips, older travelers, high medical cost destinations

Coverage Features to Consider

  • CFAR coverage ranges from 50% to 80% reimbursement, with purchase windows from 7 days to 24 hours after final payment
  • Baggage coverage spans $500 to $3,000 total limits with per-item protection from $100 to $750
  • Emergency evacuation coverage varies from $100,000 to $1 million
  • Pre-existing condition coverage requires purchase within 10 to 21 days of your first trip payment
  • Deductibles range from $0 to $50 across different coverage types
  • Geographic restrictions can limit CFAR availability in states like New York

Best Travel Insurance Plans by Need

Budget Travelers
World Nomads Standard
92
Lowest cost with adventure sports coverage
Generali Standard
92
100% trip cost coverage, no dollar caps
Comprehensive Coverage
World Nomads Epic
94

75% CFAR, $250,000 medical, $1 million evacuation

Allianz Premier
91

80% CFAR, $200,000 trip cancel, perfect service

Medical-Focused Coverage
IMG Choice
94

$100,000 medical, 21-day CFAR window

Tin Leg Silver
93

$250,000 medical, $1 million evacuation

Trip Cancellation Priority
Generali Premium
90
75% CFAR with no dollar cap
IMG plans
Various
Up to 21-day CFAR purchase windows

Best Travel Insurance Rates

Travel insurance rates vary based on age, trip value and coverage level. Premiums for a typical traveler aged 20 to 50 with $5,000 in trip coverage range from $61 for basic plans to over $400 for comprehensive coverage.

What Affects Your Premium:

  • Your age (65+ pays 2 to 3 times more)
  • Your trip cost
  • How many people travel with you
  • Where you're going (medical costs vary by country)
  • Extra coverage like CFAR or adventure sports
  • Your medical history

How to Pay Less:

  • Buy within 14 to 21 days of booking to qualify for pre-existing condition coverage.
  • Look at what you get, not just what you pay.
  • Take several trips per year? Buy an annual plan.
  • Bundle policies to save money.

Insurance Costs for Single Travelers:

1
Tin Leg
Basic
$61
Budget
2
Tin Leg
Platinum
$80
Mid-tier
3
World Nomads
Standard
$81
Budget
4
AXA
Silver
$132
Basic
5
World Nomads
Explorer
$135
Mid-tier
6
Generali
Standard
$140
Mid-tier
7
Travel Insured
Essential
$143
Basic
8
IMG
Choice
$146
Mid-tier
9
Tin Leg
Economy
$149
Budget
10
World Trips
Escape
$149
Basic
11
BHTP
ExactCare Value
$151
Basic
12
Travel Insured
Deluxe
$161
Mid-tier
13
AXA
Gold
$162
Mid-tier
14
IMG
Lite
$162
Budget
15
Generali
Preferred
$163
Mid-tier
16
Tin Leg
Standard
$178
Basic
17
Tin Leg
Luxury
$184
Mid-tier
18
Nationwide
Essential
$184
Basic
19
World Trips
Explore
$184
Mid-tier
20
IMG
SE
$188
Mid-tier
21
Seven Corners
Basic
$188
Basic
22
World Trips
Elevate
$191
Mid-tier
23
AXA
Platinum
$192
Premium
24
Generali
Premium
$193
Premium
25
BHTP
ExactCare Extra
$194
Mid-tier
26
BHTP
Plan 2
$194
Mid-tier
27
Tin Leg
Gold
$197
Premium
28
Travel Guard
Essential
$200
Basic
29
Travelex
Essential
$202
Budget
30
Allianz
Basic
$204
Basic
31
Travel Insured
Platinum
$220
Premium
32
Tin Leg
Silver
$230
Premium
33
BHTP
LuxuryCare
$230
Premium
34
Travelex
Advantage
$237
Mid-tier
35
Travelex
Ultimate
$245
Premium
36
World Nomads
Epic
$248
Premium
37
Seven Corners
Choice
$259
Premium
38
Nationwide
Prime
$269
Premium
39
Allianz
Prime
$274
Premium
40
Allianz
Premier
$346
Premium
41
Travel Guard
Preferred
$359
Premium
42
IMG
LX
$393
Premium
43
Travel Guard
Deluxe
$421
Premium

Best Travel Insurance: Bottom Line

World Nomads earns the best overall score of 93 out of 100, offering affordable, comprehensive coverage. Budget travelers should choose World Nomads Standard (100 cost score) or Generali Standard (100% trip cost coverage). Premium seekers get maximum limits from Allianz Premier or adventure sports coverage from World Nomads Epic.

Your best plan depends on your trip priorities. Families benefit from Travel Guard's customer service, adventure travelers need World Nomads' sports coverage and medical-focused travelers should choose Tin Leg's plans (up to $500,000 coverage). Compare plans based on your coverage needs rather than price alone, and buy within 14 to 21 days of your first trip payment for pre-existing condition coverage and CFAR options.

FAQ: Choosing the Best Travel Insurance

Travel insurance raises practical questions: Do you actually need it? When's the best time to buy? What does it cover? These answers cut through the confusion so you can choose the right coverage for your trip.

Is travel insurance required to travel?

When should I buy travel insurance?

Is travel insurance worth it for domestic trips?

What does travel insurance cover?

How much does travel insurance cost?

Best Travel Insurance: Related Articles

About Mark Fitzpatrick

Mark Fitzpatrick headshot

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

Read Full Bio »

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