12 Best Travel Insurance Companies (for U.S.-Based Travelers)

Saving money on travel insurance companies based does not have to be complicated. We rounded up the essentials so you can spend less and skip the guesswork.

Key Takeaways

• Many, or all, of the products featured on this page are from our advertising partners who may compensate us when you take certain actions on...
• However, this does not influence our evaluations.
• Our opinions are our own.

Numerous, or all, of the products featured on this page are from our advertising partners who may compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own.

You’ve heard the expression, “Hope for the best; prepare for the worst.” Whatever your feelings are about the phrase itself, you’re probably willing to acknowledge that hoping for the best while preparing for the worst is sound practice. All that’s required to upend the most meticulously laid plan is one unexpected occurrence beyond your control.

Such occurrences are particularly disruptive for travelers. On the road, far away from home, a single storm, strike, or medical event may be enough to ruin a trip and wipe out thousands of dollars in unrealized, non-refundable value in the process.

For travelers not carrying travel insurance, that is. Travelers who do invest in this pre-trip essential enjoy the peace of mind that comes with knowing they’re entitled to at least some compensation should plans go sideways.

Best Travel Insurance Companies for U.S.-Based Travelers

The best way to find out how much you’ll spend to insure your next big trip, and how much you stand to save, is to get quotes from multiple carriers. If you want to compare options beyond this list, marketplaces like Squaremouth and InsureMyTrip let you run side-by-side quotes across dozens of providers in minutes.

Most of the companies here manage travel protection policies underwritten by third-party insurers, some of which are well-known in their own rights. Unless otherwise noted, all of these providers make it simple to get policy quotes, compare options, and purchase coverage online without ever speaking to a human agent.

Not all plans are available in all states, so make sure you’re viewing location-specific plan details before purchasing coverage.

1. Faye

• A.M. Best Financial Strength Rating: A+ (Superior - United States Fire Insurance Company / Excellent American Insurance Group)
• Excellent For: Tech-forward travelers; fast digital claims; high emergency medical limits on the base plan

Named a TIME Best Invention of 2025, Faye tracks your itinerary in real time, sends proactive alerts when disruptions hit, and unlocks complimentary lounge access when your flight is delayed three or more hours.

Its base plan can cover up to $250,000 in primary emergency medical expenses on international trips and up to $500,000 in emergency medical evacuation. International plans also include access to a telemedicine network of 20,000-plus doctors abroad through a partnership with Air Doctor. Claims are filed through the app and approved reimbursements land instantly in Faye Wallet, which houses your Faye Travel Card and can be added to Apple Pay or Google Pay so you can use the funds immediately to tap and pay. Human support is available 24/7 by phone, chat, or email.

Optional add-ons include Cancel for Any Reason (75% reimbursement, must purchase within 14 days of initial deposit and trip must be cancelled prior to 48 hours before departure), adventure & extreme sports, pet care, rental car, and vacation rental damage. Faye does not currently offer annual multi-trip plans.

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2. Travelex

• A.M. Best Financial Strength Rating: A++ (Superior - Berkshire Hathaway Specialty Insurance Company)
• Excellent For: Families; a la carte coverage selection; travelers seeking the highest financial backing

Named the Best Overall travel insurance company by U.S. News & World Report for 2026, Travelex offers a larger-than-average menu of travel insurance plans, including low-cost products like flight insurance. That’s a low-risk lifesaver for trips to affordable countries like Panama and Costa Rica, where your costliest non-refundable expense is likely to be the flight there and back.

Travelex’s Basic plan is sufficient for most cost-conscious travelers who don’t anticipate extensive medical expenses and don’t care for a voluntary cancellation option. The more generous Select plan offers customizable coverage, including rental car coverage and Cancel For Any Reason, likely to appeal to higher-dollar travelers. A standout perk: children 17 and under travel free when accompanied by an insured adult on the Select plan. Non-insurance products include international driving permits and expedited passport delivery.

Travelex is also notable for offering a 21-day free look period, which is more generous than most competitors’ 10 to 14-day windows and gives you ample time to review or cancel your policy without penalty.

Travelex makes it simple to file a claim online, although you may need to connect with a human staffer to complete the process.

3. Travel Insured International

• A.M. Best Financial Strength Rating: A+ (Superior - United States Fire Insurance Company)
• Excellent For: Travelers who want maximum customization; CFAR and IFAR coverage; high medical limits

Travel Insured International is the top-selling provider on Squaremouth’s marketplace for 2026, driven largely by its flagship FlexiPAX plan, one of the most frequently purchased comprehensive policies in the business. In early 2025, TII relaunched its full product line as a three-tier suite: Essential, Deluxe, and Platinum.

The Deluxe and Platinum plans both include optional CFAR and IFAR (Interruption for Any Reason) bundles, which is a rarity among providers, along with primary emergency medical coverage up to $100,000 and evacuation coverage up to $1,000,000 on the Platinum tier. The pre-existing condition waiver window extends to 21 days from initial deposit on Platinum plans, longer than most competitors’ 14-day standard.

The Deluxe plan is a particularly strong value for travelers who want flexibility: it layers CFAR and IFAR on top of solid base coverages at a competitive cost point.

4. World Nomads

• A.M. Best Financial Strength Rating: A+ (Superior - Nationwide Mutual Insurance Company)
• Excellent For: High-risk travelers in remote locations; adventure sports enthusiasts; purchase-after-departure flexibility

World Nomads offers two cost-effective policy tiers for U.S.-based travelers: Standard and Explorer. Both policies include a range of standard-issue coverages, including:

• Trip cancellation and interruption
• Trip delay
• Emergency medical insurance (for international destinations where U.S. health insurance coverage doesn’t apply)
• Evacuation and repatriation for medical emergencies
• Baggage damage or loss
• Baggage delay (outbound journey only)
• Travel accident insurance (accidental death and dismemberment)
• Emergency and non-emergency assistance services
• Rental car insurance (collision and damage waiver)

Most Explorer coverages are higher than corresponding Standard coverages and have higher premiums accordingly. But both have particularly generous evacuation and repatriation coverage, which is a crucial perk for high-risk travelers in far-flung destinations. World Nomads also covers more than 250 sports and activities, making it a standout for adventure seekers.

One of World Nomads’ most distinctive features: you can purchase or extend coverage even after you’ve already departed, which is a rare and valuable option for spontaneous or long-term travelers. Note that World Nomads was acquired by International Medical Group (IMG) in February 2026 and continues to operate under the same brand with the same coverage structure.

World Nomads also stands out for a claims process that’s simple to complete from pretty much anywhere with an internet connection, a significant advantage for travelers in remote locations.

5. Seven Corners

• A.M. Best Financial Strength Rating: A (Excellent - United States Fire Insurance Company / Lloyd’s of London)
• Excellent For: Adventure travelers seeking compensation for lost recreation days; travelers to politically unstable countries

Seven Corners’ Trip Protection travel insurance packages offer varying levels of protection for common coverages such as:

• Trip interruption and cancellation
• Emergency medical coverage (including medical evacuation)
• Lost or stolen baggage
• Accidental death and dismemberment

One fairly typical coverage that’s missing here is rental car loss and damage coverage. Instead, it’s optional at all plan levels.

Much else is optional too, including some potentially valuable add-ons. Higher-priced plans come with optional Cancel for Any Reason, work-related cancellation, and political evacuation coverage, making them ideal for those traveling to unstable parts of the world. Adventure travelers can take advantage of a lost recreation days benefit.

Seven Corners offers other types of travel and visitor coverage, including international medical plans only, student plans for students traveling abroad, visitor plans (Inbound USA-branded plans for visitors to the U.S.), and frequent traveler plans that are paid annually. Most plan types have an simple online claim-filing pr

Final Thoughts

Before you check out, double-check travel insurance companies based against current offers and any coupons you can stack. Small habits like this add up to real savings over a year.

Originally published at moneycrashers.com.