News Now

Do you need travel insurance
NEW YORK (9/7/11)--Hurricane Irene created a massive headache for travelers as it hit the East Coast Aug. 30-31. More than 11,000 flights were cancelled in a series of pre-emptive cancellations performed by airlines to keep people and planes from being stranded, a practice airlines also employ when faced with an approaching blizzard ( Aug. 29). Cancellations to rail and bus service in the wake of the hurricane compounded travelers’ woes, leaving those in transit with few options to reach their destination until the storm passed and service was restored ( Aug. 26). Of course, it doesn’t take a hurricane to disrupt your travel plans. What can travelers do during standard travel disruptions--say the kind that happen on any idle Wednesday in the middle of September? Purchasing travel insurance may offer some protection. This information from can help you decide if travel insurance is right for you:
* Compare. Not all coverage is the same. Compare competing policies to understand exactly what’s covered and how each policy applies coverage. For example, some emergency medical assistance accompanying travel insurance policies provides evacuation to the closest hospital, while other policies allow for evacuation to a hospital at the policy holder’s discretion. This can be especially important when traveling overseas. * Review. You already may have certain travel-related coverage thanks to existing insurance policies, credit card agreements, and membership in automobile clubs or other organizations. Check related documents to see if these provide adequate coverage so you can avoid buying duplicate coverage. * Double-check. Contingencies for travel-related disruptions may be included with your travel arrangements. Read the fine print accompanying reservations and purchase agreements to determine what may or may not be addressed. For example, airlines must reimburse travelers up to $3,300 to each passenger for lost baggage on domestic flights.
For related information, read “Travel Documents Take You Around the World” in the Home & Family Finance Resource Center.


News Now LiveWire
16.9% of U.S. homeowners underwater, down from peak 31.4% in 2012, reports @zillow
13 hours ago
Breaking at #NewsNow: President Obama signs IOLTA bill into law.
14 hours ago
.@edmunds says the week between Christmas and New Year's is the busiest car shopping time of the year.
15 hours ago
.@CFPB sues Sprint for cramming 3rd-party service fees onto consumers' bills
16 hours ago
#HomeDepot #databreach lawsuits consolidated in Georgia
16 hours ago
150x172_Sign up for election newsUnite for Good Share your Stories100 Million CU Memberships