Hurricane season in the Atlantic began ten days ago on June 1 and will run until November 30. In its annual forecast, the NOAA predicted a “near-normal Atlantic hurricane season” with 9-15 named storms, 4-8 hurricanes and 2-4 major hurricanes. It also released the upcoming list of tropical storm names, the next of which will be “Barry.”
In a recent and relevant exchange on Twitter, Allianz (I have an annual policy and am an ambassador for the company) confirmed an important point for one of our readers: When buying travel insurance, you must buy a policy before a storm is named to ensure coverage. Allianz also adds that, “Insurance can be bought up until the day before you depart however, we recommend buying soon after you book your trip in order for your investment to be protected by the Trip Cancellation benefit.”
Not all insurers are the same, however. As Forbes writes in this guide to buying travel insurance, with some companies you may “have to buy travel insurance within 15 days of booking your trip.” So if you’re thinking of protecting your investment, make sure to touch base with the insurance companies you’re looking at to find out when the deadline to buy is (if it’s not the day before you depart, as it is with Allianz).
- A Story That Shows the Importance of Getting Travel Insurance
- Know Your Insurance Coverage
- New Initiatives from Allianz Set to Make Filing Travel Insurance Claims Easier
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.