Best Travel Insurance Companies & Plans

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

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

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Updated: September 19, 2025

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Key Takeaways

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World Nomads takes the top spot as our best overall travel insurance company with a 93 score, excelling in affordability while their Epic plan (94 score) offers the best comprehensive coverage.

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

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The best coverage depends on your trip type: budget travelers should choose World Nomads Standard, families benefit from Travel Guard's customer service, and adventure seekers need World Nomads' sports coverage.

Best Travel Insurance Companies

Here are the best travel insurance winners:

  • Best Overall Company: World Nomads (93 overall score)
  • Best Premium Plan: Allianz Premier (91 plan score, maximum limits)
  • Best Value Company: Generali (92 overall score)
  • Best Trip Cancellation: IMG
  • Best Medical Coverage: Tin Leg (up to $500,000 medical)
  • Best Adventure Sports: World Nomads (specialized coverage included)
  • Best for Families: Travel Guard
  • Best Claims & Service: Allianz (100 claims & service score)
  • Best CFAR: Allianz Prime/Premier Plans (80% "Cancel Anytime")
  • Best Baggage Coverage: AXA Platinum ($3,000 total, $750/item)

We analyzed 43 travel insurance plans from 13 companies to create these rankings. Our goal was simple: find the plans that offer the best protection for your money. Here's exactly how we did it.

  1. Cost Score (25% of total ranking)
    • We collected actual premium quotes for different trip values, ages, and traveler counts
    • Plans with lower premiums for similar coverage earned higher cost scores
    • We compared apples to apples, ensuring fair pricing comparisons
  2. Coverage Score (35% of total ranking)
    • We analyzed 15+ coverage features including trip cancellation limits, emergency medical coverage, evacuation protection, and baggage coverage
    • Plans with higher coverage limits and more comprehensive benefits scored better
    • We weighted essential coverages like medical and evacuation more heavily
  3. Company Stability (20% of total ranking)
    • We reviewed financial strength ratings from AM Best and Standard & Poor's
    • Companies with stronger financial backing scored higher
    • This ensures your insurer can actually pay claims when needed
  4. Claims and Service (20% of total ranking)
    • We analyzed customer reviews from Trustpilot, Better Business Bureau, and insurance review sites
    • We evaluated claims processing speed, customer service responsiveness, and overall satisfaction
    • Companies with better customer experiences earned higher scores

How We Created the Final Rankings: Each plan received a score from 0-100 in all four categories. We then applied our weighting system (Coverage 35%, Cost 25%, Stability 20%, Claims & Service 20%) to calculate a total score. Plans with the highest total scores rank at the top.

Why You Can Trust These Rankings: We gathered actual quotes using real traveler profiles, not estimated pricing. We analyzed publicly available financial data and customer reviews. We didn't accept payment from insurance companies to influence rankings. We used consistent methodology across all plans for fair comparisons. Our rankings reflect real value, balancing cost with comprehensive protection

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Best Overall: World Nomads (93 / 100 overall score)
World Nomads

World Nomads earned best travel insurance overall with the highest affordability score (98.41) while maintaining strong coverage (85.67). The company offers three comprehensive plans including the Standard, Explorer, and Epic, each designed for different types of travelers, from budget-conscious tourists to extreme adventure seekers. What sets World Nomads apart is their specialized focus on adventure sports coverage, digital nomad protection, and flexible policies that don't penalize spontaneous travel changes.

We found the Epic plan (94.48 total score) and Standard plan (91.81 total score) are the standout options from World Nomads. The Epic plan 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 and is ideal for budget-conscious travelers who still want quality coverage.

World Nomads falls short in claims and service ratings (89.38) compared to companies like Allianz (100) and Travel Guard (97.5), their CFAR purchase windows are shorter than competitors like IMG and Generali, and their Explorer plan offers only 50% CFAR coverage while most competitors provide 75%.

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Best Premium Plan: Allianz Premier (91 total 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) with robust medical coverage and Allianz's industry-leading customer service.

The Premier plan 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)
  • Perfect stability and service ratings

The trade-off for maximum coverage is cost, with a lower affordability score that makes this plan better suited for expensive trips where comprehensive protection justifies the premium pricing.

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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 stands out for offering comprehensive pre-existing condition waivers and flexible CFAR options, making it ideal for travelers who want premium features without premium prices.

We found the Preferred plan (93 total score) and Premium plan (90 total score) offer the best value from Generali. The Preferred plan 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's weakness lies in claims and service, with an 89 score that trails behind Allianz (100) and Travel Guard (98), and their Standard plan doesn't offer any pre-existing condition coverage.

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

IMG has solid trip cancellation protection with 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 designed to offer maximum flexibility for trip changes and cancellations. IMG stands out with extended CFAR purchase windows up to 21 days and no dollar caps on CFAR coverage, giving travelers more time to decide and reimbursement potential.

We found the Choice plan (94 total score) and LX plan are the best options from IMG. The Choice plan 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's main weakness is geographic restrictions, as CFAR coverage isn't available in New York, and their claims and service score (95) trails slightly behind Allianz's perfect rating.

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Best Medical Coverage: Tin Leg (94 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 their Gold plan. The company provides seven different plans: Basic, Economy, Standard, Gold, Silver, Luxury, and Platinum, giving travelers extensive options to match their medical coverage needs. Tin Leg's strength lies in offering comprehensive medical protection while maintaining competitive pricing across their seven plan portfolio. 

We found the Gold plan (91 total score) and Silver plan (93 total score) are the standout medical options from Tin Leg. The Gold plan 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 falls a little short in claims and service ratings (89) with less customers service hours and options. While their budget plans are very affordable, they have lower medical coverage.

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Best for Adventure Sports Coverage: World Nomads (98 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 all include comprehensive adventure sports coverage as a standard benefit rather than an expensive add-on. World Nomads caters specifically to backpackers, digital nomads, and adventure travelers with policies designed for extended trips and spontaneous itinerary changes.

We believe the Epic plan (94 total score) and Explorer plan (93 total score) offer the best adventure coverage. The Epic plan provides:

  • Built-in coverage for 200+ adventure activities
  • 75% CFAR coverage up to $11,250
  • Up to $250,000 in emergency medical coverage
  • Up to $1,000,000 in emergency evacuation coverage
  • No geographic restrictions for covered activities

The Explorer plan offers strong adventure coverage with 50% CFAR and $150,000 in emergency medical protection and it's good for travelers who want comprehensive adventure coverage without premium pricing.

World Nomads' weakness is in claims and service (89) compared to premium providers, and their CFAR percentages are lower than industry leaders like Allianz.

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Best for Families: Travel Guard (98 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's strength lies in their responsive customer service and straightforward claims process, crucial when traveling with children and dealing with unexpected situations.

We believe the Preferred plan (93 total score) and Deluxe plan are the best family options from Travel Guard. The Preferred plan 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's limitation is in affordability, with a lower cost score (88) compared to value leaders like World Nomads and Generali.

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Best Claims and Service: Allianz (100 claims and service score)
Allianz

Allianz achieves a perfect 100 score in claims and service, making it the top choice for travelers who prioritize responsive customer support and efficient claims processing. The company offers three plans: Basic, Prime, and Premier, each backed by Allianz's global network and 24/7 emergency assistance. Allianz's strength lies in their established reputation, financial stability (100 stability score), and industry-leading customer service that ensures support when you need it most.

We believe the Prime plan (92 total score) and Premier plan (91 total score) deliver the best service experience from Allianz. The Prime plan 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
  • Perfect customer service ratings with 24/7 support
  • Comprehensive pre-existing condition waiver with 14-day purchase window

The Premier plan provides maximum coverage limits with $200,000 in trip cancellation protection and $75,000 in emergency medical coverage, plus the same exceptional service standards.

Allianz's weakness is in affordability, with a lower overall cost score (86) compared to budget-friendly options, making it better suited for travelers who prioritize service over savings.

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

If you want cancel for any reason coverage, Allianz is the best travel insurance. Allianz has the industry's highest CFAR percentage at 80% through their "Cancel Anytime" benefit on both Prime and Premier plans. This coverage allows travelers to cancel their trip for any reason and receive 80% reimbursement of their 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.

Both the Prime plan (92 total score) and Premier plan (91 total 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.

The main limitation is the 14-day purchase window, which is shorter 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 typical $250-500 per-item limits offered by competitors. The plan also features no deductible on baggage claims.

The Platinum plan stands out with:

  • 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's weakness lies in lower overall scoring due to affordability concerns and limited plan variety, offering only three plans compared to competitors with more diverse portfolios.

Ranking the Best Travel Insurance Plans

Our research team analyzed 38+ individual 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 what protection levels you need helps you choose the right plan. Here's what to expect across travel insurance plan tiers:

Basic
$10,000 to $20,000
$25,000 to $50,000
$500 to $750
Short domestic trips, travelers with health insurance
Mid-Tier
$50,000 to $100,000
$100,000 to $250,000
$1,000 to $1,500
International travelers, longer trips
Premium
$150,000+
$250,000 to $500,000
$2,000 to $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 $1,000,000
  • 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, $250K medical, $1M evacuation
Allianz Premier
91
80% CFAR, $200K trip cancel, perfect service
Medical-Focused Coverage
IMG Choice
94
$100K medical, 21-day CFAR window
Tin Leg Silver
93
$250K medical, $1M 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 your age, trip value, and coverage level. For a typical traveler aged 20-50 with $5,000 in trip coverage, travel insurance premiums range from $61 for basic plans to over $400 for comprehensive coverage. 

Factors That Affect Your Premium:

  • Age increases costs significantly (65+ travelers pay 2-3x more)
  • Trip value determines base premium (higher trip cost = higher premium)
  • Number of travelers (family plans cost more but offer per-person savings)
  • Destination risk level (some countries have higher medical costs)
  • Coverage add-ons like CFAR or adventure sports
  • Pre-existing medical conditions

Tips for Getting the Best Rates:

  • Buy within 14-21 days of your first trip payment for pre-existing condition coverage
  • Compare total coverage value, not just premium cost
  • Consider annual plans if you take multiple trips per year
  • Bundle with other insurance for potential discounts

Here's what you can expect to pay for the best single-traveler insurance:

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

FAQs About Choosing the Best Travel Insurance

Is travel insurance required to travel?

When should I buy travel insurance?

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