As I’ve mentioned before, I still can’t get over the fact that we spent almost $700 on travel insurance, a major part of our budget for SE Asia and still a significant portion of our larger budget for New Zealand. After many hours of research, questions to friends and relatives, and even a poll here on the blog, I’ve come to the disappointing conclusion that we paid WAY too much for our travel insurance. How, you ask? It went something like this:
- Travel insurance is complicated.
- It’s hard to tell if it’s necessary, but the decision is emotional with respect to peace of mind, for you and possibly your family at home.
- It can be quite expensive, especially if you’re not smart about it for cheap trips.
- Points 1-3 led me to waste HUNDREDS of dollars purchasing too much insurance.