Compare Domestic Travel Insurance

If you’re looking for the best domestic travel insurance policy, conducting a comparison of policies with Savvy can help you sniff out the best deal for your next holiday. You’ll be able to weigh up the pros and cons of each product to find the right one for your holiday.

If you’re tossing up between a handful of providers and their products, consider some of the following variables:

Premiums

You’re bound to be keeping one eye firmly fixed on the cost of travel insurance when you’re shopping around for a policy. Keep in mind that the less you spend on insurance, the less coverage you’re likely to receive. Get a few quotes from providers which catch your eye and price match between them to see which works better with your holiday budget. This will allow you to compare to see which one offers the most coverage at an affordable cost.

Coverage

When you're completing a comparison of domestic policies, you’re more than likely going to have a keen interest in the coverage a particular policy provides. Compare the set of inclusions and exclusions from each provider to find a policy that offers coverage that best suits your getaway plans.

COVID-19 coverage

The pandemic has changed the way the world has travelled. As such, many travel insurance providers offer coverage for cancellations relating to COVID-19. This includes if you test positive and need to cancel your holiday or self-isolate. This coverage doesn’t extend to all companies, so it’s worth shopping around to find which travel insurance covers COVID-19-related costs if you want that little bit of extra peace of mind.

Excesses

Standard excesses tend to vary between $100 and $250 depending on the provider and policy you choose. There are even certain travel insurance companies that don’t charge an excess if you need to make a claim. Doing your homework and comparing these costs will allow you to find the most suitable option if you need to make a claim.

Claim limits

If your items or luggage are damaged or your ski resort is closed due to bad weather and you need to make a claim, your insurer will have limits on how much you have refunded. However, these vary between insurers, so it pays to complete a quick comparison between your preferred options. For example, some will allow you to claim up to $15,000 if you lose your luggage while other providers may only allow you to claim up to $3,000.

Optional extras

If you’re taking your ski gear to Thredbo for a snow holiday or going dirt biking in the Kimberley desert, you’ll need to take out extra coverage so you’re covered while you’re away from home. The cost of coverage for these ‘higher-risk’ activities can vary between insurers, so it’s best to compare policies to find the best price and most suitable cover.

Cooling-off periods

Travel insurance policies usually come with cooling-off periods ranging from two to four weeks. Getting a policy with a longer period allows you to cancel your policy for free if you change your mind and get a full refund. This can be handy if you find another policy which catches your eye on the market or decide not to travel.