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TPG reader Cathy tweeted me to ask:

@thepointsguy– “Is it ever worth purchasing the trip insurance that airlines offer during checkout when buying a flight?”

Trip insurance is a tricky subject. I think the main thing to know is the distinction between Trip Protection—which is usually what’s offered when you check out while purchasing a flight on an airline website—and Trip Insurance.

Trip insurance is a lot meatier, offering a lot more protection for your trip. Travel or trip protection is more difficult to categorize, and while there could be some good policies, in general you’ll probably end up paying more when you’re checking out and buying a flight than if you shopped around after the fact.

Is buying trip insurance worth it? Photo courtesy of Shutterstock.
Is buying trip insurance worth it? Photo courtesy of Shutterstock.

It could make sense to purchase during the checkout process, but I recommend looking carefully through each policy to see the finer details before making a decision. I’m pretty comfortable saying that most of the time when you check out to buy your flight, they’re banking on the fact that you don’t want to lose the fare by taking the time to read through the whole policy. If you take 20 minutes to read through the policy, more than likely your session will time out and you’ll have to start over, which puts you at risk of losing that fare or ticket.

If you really want to buy trip insurance, I would recommend visiting the Insure My Trip website. You can probably find something for the same price or less that gives you better coverage. It pays to shop around, and you can usually add a policy after you purchase a flight, so there’s no rush to buy the insurance immediately. Of course, make sure you take the time to fully understand what you’re buying, because it can be a real problem if you pay for something and later realize it doesn’t provide the coverage you need.

For more info, check out these posts:

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at info@thepointsguy.com.

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More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.