Trip Insurance Calculator — Calculate Travel Insurance Costs

Trip Insurance Calculator

Calculate the cost of travel insurance for your trip. Determine insurance premiums based on trip cost, duration, destination, and coverage options.

Step 1: Trip Details

$2,500
10
2

Understanding Trip Insurance

Travel insurance typically costs 4-10% of your total trip cost. Factors affecting price include destination, age of travelers, trip duration, and coverage level selected.

Step 2: Coverage Options

6.5%

About Coverage Options

Higher coverage percentages provide more comprehensive protection. “Cancel For Any Reason” coverage typically adds 40-50% to your premium but offers maximum flexibility.

Travel Insurance Cost Results

Summary
Coverage Comparison
Breakdown

Total Insurance Premium

$162.50
Based on $2,500 trip cost and 6.5% coverage rate
Premium Percentage
6.5%
Cost Per Traveler
$81.25
Cost Per Day
$16.25
Savings vs 10% Rate
$87.50

Coverage Level Comparison

Coverage Level Premium Percentage Total Premium Coverage Features

Premium Cost Breakdown

Insurance Premium Formula

Total Premium = Trip Cost × Coverage Percentage × Destination Factor × Age Factor

To calculate travel insurance premium: Multiply your total trip cost by the coverage percentage (typically 4-12%), then apply destination and age factors.

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