For a 10-day Europe trip costing $8,000 (two adults ages 35 and 37, two children ages 8 and 10), Travel Insured International and Travelex tied for cheapest at $166. Family premiums across 12 providers ranged from $166 to $325 and averaged $230.
Cheapest Travel Insurance for Families
The cheapest family travel insurance costs $81 for domestic trips and $166 for international travel, based on quotes from 12 major insurers for a family of four.
Find the most affordable travel insurance for your next family trip below.
Updated: May 13, 2026
Advertising & Editorial Disclosure
Key Takeaways
International family travel insurance starts at $166. Travel Insured International and Travelex had the lowest-priced Europe trip plans.
Domestic family travel insurance costs as little as $81. BHTP's ExactCare Value® had the lowest domestic premium for a family of four.
Adding a senior increases family premiums. The cheapest senior-inclusive plan cost $250, though the average rose to $360.
Cheapest Travel Insurance Companies for Families
Cheapest Family Plans (International Trip, Europe, $8,000 Cost)
Travel Insured International | Worldwide Trip Protector Deluxe | $166 |
Travelex | Ultimate | $166 |
Allianz | OneTrip Basic | $179 |
Travel Guard (AIG) | Essential Plan | $182 |
Trawick International | Pathway Essential | $194 |
BHTP | ExactCare® | $200 |
IMG | iTravelInsured Choice | $246 |
Seven Corners | Trip Protection Basic | $264 |
Nationwide | Essential | $275 |
AXA | Silver | $277 |
WorldTrips | Escape | $283 |
Generali Global Assistance | Standard | $325 |
*BHTP's ExactCare® is the insurer's cheapest international plan. BHTP's ExactCare Value® costs $221 for this scenario but offers lower premiums for domestic and senior travel.
Cheapest Family Travel Insurance for Domestic Trips
Domestic family travel insurance costs about 40% less than international coverage. For a five-day, $3,000 U.S. trip, BHTP's ExactCare Value® was cheapest at $81. Domestic premiums ranged from $81 to $344 and averaged $143.
Cheapest Family Plans (Domestic Trip, U.S., $3,000 Cost)
BHTP | ExactCare Value® | $81 |
Travel Guard (AIG) | Essential Plan | $88 |
Travelex | Ultimate | $101 |
Allianz | OneTrip Basic | $102 |
WorldTrips | Escape | $110 |
Travel Insured International | Worldwide Trip Protector Deluxe | $108 |
Trawick International | Pathway Essential | $114 |
IMG | iTravelInsured Choice | $135 |
Generali Global Assistance | Standard | $150 |
Seven Corners | Trip Protection Basic | $166 |
AXA | Silver | $217 |
Nationwide | Essential | $344 |
Cheapest Senior-Inclusive Family Travel Insurance Plans
Premiums rise when a family trip includes a senior traveler. For a 10-day, $10,000 international trip with one adult aged 65, Travel Insured International was cheapest at $250. Senior-inclusive premiums ranged from $250 to $630 and averaged $360.
Cheapest Family Plans With a Senior Traveler (International Trip, $10,000 Cost)
Travel Insured International | Worldwide Trip Protector Deluxe | $250 |
Allianz | OneTrip Basic | $265 |
Travel Guard (AIG) | Essential Plan | $265 |
Trawick International | Pathway Essential | $278 |
Travelex | Ultimate | $290 |
Nationwide | Essential | $295 |
BHTP | ExactCare Value® | $319 |
AXA | Silver | $394 |
WorldTrips | Escape | $436 |
Generali Global Assistance | Standard | $436 |
IMG | iTravelInsured Choice | $474 |
Seven Corners | Trip Protection Choice* | $630 |
*Seven Corners didn't offer a senior-eligible version of Trip Protection Basic; Trip Protection Choice was the lowest-priced available option.
Family Travel Insurance Cost Comparison Across Trip Types
The table below shows how each provider's cheapest plan prices across domestic, international and senior-inclusive scenarios.
Travel Insured International | Worldwide Trip Protector Deluxe | $108 | $166 | $250 |
Travelex | Ultimate | $101 | $166 | $290 |
Travel Guard (AIG) | Essential Plan | $88 | $182 | $265 |
Allianz | OneTrip Basic | $102 | $179 | $265 |
Trawick International | Pathway Essential | $114 | $194 | $278 |
BHTP | ExactCare Value® | $81 | $221 | $319 |
WorldTrips | Escape | $110 | $283 | $436 |
Seven Corners | Trip Protection Basic | $166 | $264 | —* |
Generali Global Assistance | Standard | $150 | $325 | $436 |
IMG | iTravelInsured Choice | $135 | $246 | $474 |
Nationwide | Essential | $344 | $275 | $295 |
AXA | Silver | $217 | $277 | $394 |
*Seven Corners' senior-eligible alternative priced at $630.
Travel Insured International offered the lowest combined cost across all three scenarios ($524 total). BHTP's ExactCare Value® provided the lowest domestic and competitive senior pricing, though its international premium ran $55 higher than the cheapest option.
The cheapest plans cover essential trip cancellation and emergency medical needs. Families with high trip costs, pre-existing conditions, or trips to high-medical-cost regions may need higher coverage limits than the plans above provide.
What Affects Family Travel Insurance Costs?
These factors determine how much you'll pay for family travel insurance:
Traveler age: Senior travelers increase premiums, the biggest premium driver.
Trip cost: Higher trip expenses mean higher premiums, as cancellation coverage limits scale with trip value.
Destination: International trips like Europe carry higher medical and evacuation expenses than domestic travel.
Trip length: Longer trips increase exposure risk and raise premiums.
Plan tier: Basic-tier plans cost less and cover essential cancellation and medical needs.
Pricing model: Per-traveler versus per-policy pricing leads to large cost differences for families depending on traveler ages.
How to Compare Family Travel Insurance Plans
Cheap doesn't always mean the same thing across providers. Premiums for identical trips vary by 300% depending on the insurer, and the cheapest plan in one category is often not the cheapest in another. These five points show where the differences actually come from.
Focus on five key points when comparing family travel insurance plans to find coverage that matches your trip needs and budget.
Check medical coverage limits
Basic plans cap coverage at $25,000 to $50,000, while midtier plans offer $100,000 or more. Medical emergencies in Europe and Asia can exceed $100,000.
Match cancellation coverage to trip cost
Your coverage should recoup prepaid, nonrefundable expenses like flights and hotels. If you've spent $12,000 on a family vacation, make sure your trip cancellation limit covers the full amount.
Evaluate cancel-for-any-reason (CFAR) carefully
Skip CFAR coverage unless you need flexibility to cancel for any reason. It adds 40% to 60% to premiums.
Understand the pricing model
Per-traveler versus per-policy pricing leads to large cost differences. Some insurers include children at no additional cost, while others charge per person.
Compare plan tiers within the same insurer
Lower-tier plans save $140 or more per trip. BHTP's ExactCare Value® costs $140 less than ExactCare® for senior-inclusive trips while offering similar core coverage.
How to Save on Family Travel Insurance
Family travel insurance premiums vary more than most other insurance categories because every traveler's age is priced separately. Most of the savings come from two decisions: which tier you buy and whether children travel under a family rate or as separate travelers.
- 1
Compare quotes from multiple companies
Family premiums differ by up to 300% across providers for identical coverage. Get quotes from at least three insurers. The most expensive plan cost $325, while the cheapest cost $166.
- 2
Choose basic-tier plans
Essential plans cost 40% to 50% less than premium options while covering trip cancellation and emergency medical expenses. Basic plans suit trips without add-ons like adventure sports or expensive equipment coverage.
- 3
Compare plan tiers within the same insurer
Lower-tier plans save you $140 or more per trip. BHTP offers three tiers (ExactCare Value®, ExactCare® and ExactCare Extra®) with price differences of up to $140 for similar core coverage.
- 4
Skip CFAR unless you really need it
Cancel-for-any-reason coverage adds 40% to 60% to your premium. Add CFAR only if you need flexibility to cancel for any reason.
- 5
Book coverage within 14 days
Purchase within 14 days of your initial trip deposit to qualify for pre-existing condition waivers at most insurers. Buying early covers all trip payments if you need to cancel.
Cheapest Travel Insurance for Families: FAQ
Do kids cost extra on travel insurance?
It depends on the insurer. Some companies include children at no additional cost when traveling with a covered adult. Others charge per traveler, which means child premiums may apply. Review plan rules before purchasing.
Why does travel insurance cost more when traveling with a senior?
Premiums are based partly on medical risk, and older adults have a higher likelihood of claims. Adding a 65-year-old increased family premiums by about 55% for comparable international trips, raising averages from $230 to $360.
Is domestic family travel insurance cheaper than international coverage?
Yes. Domestic coverage costs less because U.S. travelers retain access to domestic health insurance, and evacuation risks are lower. International policies require stronger medical and evacuation coverage.
When should families buy travel insurance?
Most insurers require purchasing within 10 to 21 days of your first trip payment to unlock optional protections like pre-existing condition waivers or Cancel For Any Reason (CFAR). Buying early covers all trip payments.
How can I find the cheapest travel insurance for a family of four?
The cheapest option depends on your trip type. For international trips, Travel Insured International and Travelex start at $166 for a family of four on a 10-day Europe trip. For domestic trips, BHTP's ExactCare Value starts at $81. Get quotes from at least three insurers using the same trip profile (same destination, dates, and trip cost) so premiums compare directly. Some insurers include children at no extra charge, which cuts costs for larger families.
How We Chose the Cheapest Family Plans
We collected quotes from 12 major insurers on November 19, 2025, using three standardized family profiles. Domestic quotes used two adults (35, 37) and two children (8, 10) for a five-day trip costing $3,000. International quotes used the same family for a 10-day trip costing $8,000 to Europe. Senior-inclusive quotes used two adults (35, 65) and two children (8, 10) for a 10-day trip costing $10,000.
We gathered quotes manually from each insurer's online portal and selected the cheapest plan that met basic coverage requirements. For insurers offering multiple plan tiers, we used the plan with the lowest overall cost across all three scenarios. Per-traveler premiums were totaled for insurers that price individually. Plans unavailable for certain ages were excluded from rankings.
Companies included Allianz, AXA, BHTP, Travel Guard (AIG), Travelex, Seven Corners, Travel Insured International, Nationwide, Trawick International, WorldTrips, Generali Global Assistance and IMG.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he has produced original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He writes about economics and insurance on MoneyGeek so people can make coverage decisions with confidence. His insurance insights have been featured in The Washington Post, The New York Times and NPR, among other media outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data, and no insurance company partnership influences his recommendations.
Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). He began his career in financial risk management at State Street. He's also a five-time Jeopardy champion!