Monday to Friday | 10am - 4:00pm |
Saturday, Sunday & Bank Hols | Closed |
Sarah is our insurance specialist, reporting the latest important developments in the industry.
In the last two years, more British holidaymakers have suffered from a lost or stolen item while they were on holiday, filing up to £24 million in total travel insurance claims, reveals a new study.
Lost or stolen money claims grew by almost a half (43%) during years 2008 and 2009, according to analysis made by Sainsbury's Travel Insurance. Spain leads the list of countries where claims originate, where a quarter of those kinds of claims arise (27.6%) generating a value of around £7 million a year.
Spain is followed by France (7.8%); the USA (5.7%); Italy (4.1%); and Turkey (3.7%).****
Furthermore, research highlights that for every £4 million of travel insurance claims received; there is £1 million that goes unclaimed by the high number of British holidaymakers still travelling without any insurance.
In fact, a recent study revealed that fewer people are travelling with insurance this summer.
A quarter (24%) of travellers stated they will travel without cover. A third of them (33%) didn't think insurance is really necessary and a quarter (22%) argued the cost of cover is too high.
A further 11% believed that the free EHIC card, which provides reciprocal medical treatment in EC countries, is a substitute for insurance; while it is not.
Expensive summer holiday
If tourists were not worried enough about thieves or lost travel money, new research has found that going on holiday during the summer is on average of £790 more expensive than during term time.
A family of four planning a trip abroad during the school break can expect to pay an average of £790 (43%) more than those who choose to travel between 12th and 19th September, shortly after the new school term starts.
But this is not all, British families that choose to travel during the school summer holidays might face premiums of up to 92% more (equivalent to £1,041 extra), depending on the departure and destination.
- Top European Destinations for Car Hire for Summer 2022
- Car Hire Excess Insurance – What are your options if you are an older or a younger driver?
- Know the Law! 10 Weird Driving Rules from Around the World
- Discover Just How Much Can Be Covered By Car Hire Excess Insurance. You May Be Surprised!
- Going on a Staycation? Why Hire in the UK and What You Need to Know
- Plan Ahead for your Holiday Car Hire and Car Hire Excess Insurance
- How Much Cheaper Are Independent Car Hire Excess Policies Than Buying At The Desk?
- 5 Road Trip Ideas for the Queen's Platinum Jubilee Weekend