How much does travel insurance typically cost?

Travel insuranceBuying a policyChecked Nov 6, 2026

From K.Actuary, founded by Sangmin Kwon, ASA · sources checked 2026-11-06 · Source: Utah Insurance Department · Trip Insurance · Trip Insurance, page text View original ↗

In short

Trip insurance costs a share of your trip price.
One state page shows $146 to $350 on a $5,000 trip.
Your age and what you cover change the price.

What this means

Prices vary by plan and by traveler. The Utah Insurance Department says the cost of trip insurance for a $5,000 trip can vary from $146 to $350 [1]. That is one state's example, not a price for your trip. Utah also says the traveler's age is part of the price. Age can change the cost of the policy by 5-10% [2].

What you pick matters too. Texas says you can pay more for "cancel for any reason" coverage [3]. Texas tells shoppers to compare plans and prices on the internet [4].

The sources do not give one national average price. They also do not say what a plan costs for your age, trip, or state.

Your next step

Write down your trip cost, your ages, and the coverage you want. Ask each seller for a written quote with the same coverage. The sources give no deadline.

Check it yourself

Open the quote and read the benefit list next to the price. The Utah figures are one example from one state; a plan's own price for you is "Don't know yet".

Where this comes from (4)

[1] Utah Insurance Department · Trip Insurance · Trip Insurance, page text · checked 2026-11-06
The cost of trip insurance for a $5,000 trip can vary from $146 to $350.
[2] Utah Insurance Department · Trip Insurance · Trip Insurance, page text · checked 2026-11-06
Policy premiums are partially based on the age of the traveler and can vary the cost of the policy by 5-10%.
[3] Texas Department of Insurance · Travel insurance tips · What does it cover, cancellations · checked 2026-11-06
You can also pay more for “cancel for any reason” coverage.
[4] Texas Department of Insurance · Travel insurance tips · Am I already covered · checked 2026-11-06
If you decide travel insurance is a good option for you, you can search the internet to compare plans and prices.

How we found this

We matched your question to 4 official sources, quoted the exact lines, and re-checked each quote against its source on 2026-11-06.

What we don’t know yet

Your own plan or notice may say something different. If your letter cites another rule, send it and we will look again.

Every answer is checked against the official rule it quotes.

Information only — not legal advice. Your plan, insurer or agency decides.

This answer quotes the official sources listed above, with the date we checked them. Your own policy, notice and state rules control. We are not your lawyer or your insurer. We don’t file, argue or negotiate claims for you — you send any letter or form yourself.

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