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domestic trips over the upcoming holiday was up 170%, compared to the same period of 2019. Some 40% of all Thanksgiving travelers specifically searched for coronavirus do you agree cover, replacing top concerns from previous years, such as weather and financial defaults, and spurring a rise in the overall cost of cover. “Cancel-for-any-reason” policies, which typically allow cancellations up until two days before departure and a 75% reimbursement, cost up to 40% more than a regular policy. “It’s just gotten to a point I think people are tired of being stuck at home and they’re looking to get away and go somewhere,” said Jeremy Murchland, president of U.S. travel insurer Seven Corners. More than 3 million passengers passed through U.S. airports over the weekend, discarding advice from the Centers for Disease Control and Prevention to stay at home as coronavirus infections reached daily records. Overall traveler numbers are still down 60% from a year ago, but Squaremouth, one of the country’s main insurance price aggregators, said its data suggested that the total number of travelers seeking cover was up 26% year-on-year. The data from Squaremouth is based on all travel insurance policies purchased on its website between March 12 and Nov. 9 for travel over the week of Thanksgiving. With trips to popular European destinations effectively banned, and the risks of quarantine and other curbs weighing on travelers’ decision making, overall requests for cover to foreign locales were lower than those for domestic trips.

https://www.claimsjournal.com/news/national/2020/11/25/300665.htm

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