How much does travel insurance cost? Estimate your travel insurance premium based on trip cost, coverage level, traveler age, trip length, and destination. Get an instant, itemized breakdown — including the per-day price of protection — in seconds.
Enter the total prepaid, non-refundable cost of your trip per traveler (flights, hotels, tours, and other booked expenses). The calculator applies a 5.5% base rate for comprehensive coverage, then adjusts for coverage level, age, trip length, and destination.
Profile: $3,000 trip, age 30, 7 days, Europe, Comprehensive coverage
Calculation: $3,000 × 5.5% = $165.00 → × 1.00 (Comprehensive) = $165.00 → × 1.00 (Under 35) = $165.00 → × 1.00 (4–7 days) = $165.00 → × 1.15 (Europe) = $189.75
Profile: $5,000 trip, age 65, 14 days, Asia, Cancel For Any Reason (CFAR) coverage
Calculation: $5,000 × 5.5% = $275.00 → × 1.50 (CFAR) = $412.50 → × 1.90 (60–69) = $783.75 → × 1.35 (8–14 days) = $1,058.06 → × 1.25 (Asia) = $1,322.58
Profile: $1,200 trip, age 25, 5 days, Caribbean/Mexico, Standard coverage
Calculation: $1,200 × 5.5% = $66.00 → × 0.80 (Standard) = $52.80 → × 1.00 (Under 35) = $52.80 → × 1.00 (4–7 days) = $52.80 → × 1.00 (Caribbean/Mexico) = $52.80
Note: These examples are for illustration purposes only and match the calculator's formula exactly. Actual travel insurance premiums vary based on insurer, state of residence, health history, policy limits, deductibles, and optional add-ons. Always compare quotes from multiple providers.
Trip Cost = Total prepaid, non-refundable trip expenses per traveler
5.5% = Base rate for comprehensive coverage
Coverage Factor = Basic (0.50), Standard (0.80), Comprehensive (1.00), CFAR (1.50)
Age Factor = Based on traveler age, from 1.00 (under 35) up to 2.70 (70+)
Duration Factor = Based on trip length, from 0.70 (1–3 days) up to 2.10 (22+ days)
Destination Factor = Domestic (0.80) up to Worldwide (1.35)
| Coverage Level | Factor | What's Included |
|---|---|---|
| Emergency Medical Only (Basic) | 0.50 | Emergency medical coverage only |
| Standard | 0.80 | Medical + trip interruption |
| Comprehensive | 1.00 | Medical + cancellation + delay + baggage |
| Cancel For Any Reason (CFAR) | 1.50 | Comprehensive + cancel for any reason |
| Traveler Age | Factor |
|---|---|
| Under 35 | 1.00 |
| 35–49 | 1.15 |
| 50–59 | 1.40 |
| 60–69 | 1.90 |
| 70+ | 2.70 |
| Trip Length | Factor |
|---|---|
| 1–3 days | 0.70 |
| 4–7 days | 1.00 |
| 8–14 days | 1.35 |
| 15–21 days | 1.70 |
| 22+ days | 2.10 |
| Destination | Factor |
|---|---|
| Domestic (US) | 0.80 |
| Caribbean / Mexico | 1.00 |
| Europe | 1.15 |
| Asia | 1.25 |
| Worldwide | 1.35 |
Add up everything you've prepaid and can't get back if you cancel — flights, hotels, tours, cruise fares, and other booked expenses. Use the cost per traveler, since most policies are priced per person.
Pick from emergency medical only (basic), standard, comprehensive, or cancel for any reason. Comprehensive is the most popular choice because it bundles medical, cancellation, delay, and baggage protection into one policy.
Insurers charge more for older travelers, longer trips, and destinations with higher medical costs or greater travel risk. The calculator applies each factor automatically to your base premium.
Every calculation step is shown, from the 5.5% base rate through each rating factor to your total premium and per-day cost — so you can see exactly how the price was built.
For most trips, travel insurance costs about 4% to 10% of your total prepaid trip cost, with 5.5% being a solid benchmark for comprehensive coverage. On a typical $3,000 vacation, that works out to roughly $165 to $300 — or about $190 for a comprehensive policy on a one-week European trip. Domestic trips and shorter getaways often land at the lower end, while long, far-flung, or high-cost itineraries push premiums higher.
The price you pay is built from your trip cost times a base rate, then multiplied by four rating factors: the coverage level you choose, your age, the length of your trip, and your destination. A 30-year-old taking a 7-day trip to Europe with comprehensive coverage on a $3,000 trip pays about $189.75 (6.33% of trip cost), while a 65-year-old taking a 14-day trip to Asia with cancel-for-any-reason coverage on a $5,000 trip pays about $1,322.58 (26.45%). The same trip can cost dramatically different amounts depending on those factors, which is why it pays to price your exact scenario.
It's also worth noting that travel insurance is priced per traveler and per trip. Annual multi-trip policies, group discounts, and policies bought through credit cards or tour operators can change the math. Use this calculator to estimate your premium for any combination of inputs, then compare quotes from several insurers to find the best price for your specific trip.
Coverage level. The biggest driver of your premium is how much protection you buy. Emergency medical-only plans cost about half of comprehensive coverage (factor 0.50), standard plans that add trip interruption run 0.80, comprehensive plans that bundle medical, cancellation, delay, and baggage protection are the 1.00 baseline, and cancel-for-any-reason upgrades cost about 50% more (1.50). CFAR is the most expensive option because it lets you cancel for reasons not covered by standard policies — including simply changing your mind.
Traveler age. Insurers charge more for older travelers because the risk of a medical claim rises with age. A traveler under 35 pays the base rate (factor 1.00), while someone 70 or older pays 2.70 times the base rate. The jumps are especially steep after 60, when many travelers are also more likely to have pre-existing conditions that add even more to the premium.
Trip length and destination. Longer trips mean more days of exposure, so a 22+ day trip costs 2.10 times the base rate versus a 4–7 day trip at 1.00. Destination matters too: domestic US trips are cheapest (0.80), while worldwide itineraries cost 1.35 times the base rate because of higher medical costs abroad and greater logistical risk. The combination of these factors — not the trip cost alone — determines your final premium.
Start by matching your coverage to your actual risk. If you're taking a short domestic trip and your health insurance covers you at home, a basic emergency medical plan may be plenty — and it costs about half of comprehensive. For international trips, comprehensive coverage is usually worth the extra cost because US health insurance rarely covers medical care abroad and medical evacuation can run into the tens of thousands of dollars.
Skip the cancel-for-any-reason upgrade unless you genuinely need maximum flexibility. CFAR typically adds 50% to your premium and must be purchased within 14–21 days of your initial trip deposit. For most travelers, standard trip cancellation coverage — which already covers illness, injury, death, severe weather, and other listed reasons — provides strong protection at a much lower price.
Other ways to save: buy an annual multi-trip policy if you travel more than twice a year, book your insurance soon after your first trip payment (this also locks in pre-existing condition coverage from many insurers), raise your deductible to lower the premium, and check whether your credit card already provides trip cancellation or baggage protection. Finally, always compare quotes from at least three insurers — pricing for identical coverage can vary by 20–30% between providers.
⚠️ General Estimate Only: This travel insurance cost calculator provides a general estimate based on national average pricing and typical rating factors. Results are estimates, not quotes — actual premiums vary by insurer, your state of residence, health history, pre-existing conditions, policy limits, deductibles, and optional add-ons. This tool is for informational purposes only and is not financial, medical, or insurance advice. Always read the full policy documents and consult a licensed insurance professional before purchasing travel insurance.
When comparing policies, look beyond the price: check coverage limits for emergency medical and evacuation, the list of covered cancellation reasons, pre-existing condition exclusions, and the claims process. Review your policy before every trip — coverage needs change with your destination, trip cost, and health situation.