How much does travel insurance cost in 2026?

The price of travel insurance mainly varies depending on:

• the destination,
• the traveler’s age,
• the length of stay,
• the level of medical coverage,
• the selected options (cancellation, baggage, etc.).

In most cases, comprehensive travel insurance costs €1 per day in Europe, €2 to €5 per day in Asia, and €3 to €8 per day in the United States.

The difference between minimal coverage and excellent coverage often represents just a few extra euros per day… for several hundred thousand euros of additional protection.

This analysis is based on real anonymized quote data, observed according to destination, age, duration, and level of guarantees.

Examples of Travel Insurance Prices (Real Quotes)

At HelloSafe, we analyze thousands of anonymized quotes every year in order to identify real price differences according to destination, age, duration, and level of guarantees. Our objective: allow you to understand what truly drives the premium and avoid paying for unnecessary options.

Here is an expanded table of real anonymized price examples, including solo travelers, couples, and families, based on quotes generated on HelloSafe (anonymized and aggregated data).

Our expert view:

1. The price remains proportional per person, even for couples or families. There is no “magic family rate”: the premium is primarily actuarial and individualized.
2. The destination effect dominates everything: Europe: ~€1 / day – Asia: ~€2 to €4 / day – USA: €5 to €8 / day depending on the coverage limit.
3. Age creates a progressive multiplier effect: between 30 and 60 years old: +10% to +25%. After 70 years old: +30% to +60% depending on the destination.
4. Long stays reduce the daily cost: we observe a 20% to 40% decrease in price per day between 7 days and 30 days.
5. For families, the cost per person often remains lower than for a senior traveling alone to the USA, which shows that age weighs more heavily than the number of travelers.

👉 Before subscribing, compare offers according to your profile and destination: a few euros difference per day can represent hundreds of thousands of euros in additional protection.

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Travel Insurance Price According to Destination

The destination is the primary pricing factor, as it reflects the average cost of local medical care.

Observed rates (standard adult profile – 2 weeks)

At HelloSafe, we observe that destination is the number one pricing factor because it directly reflects local medical costs. The United States can multiply the premium by 2 to 4 compared to Europe.

👉 Compare offers according to your actual destination: an appropriate coverage limit can reduce the premium without compromising your protection.

Travel Insurance Price According to the Purpose of the Trip (Visa, Working Holiday, Schengen…)

The purpose of the trip affects the duration and sometimes regulatory obligations.

👉 Compare plans suited to your type of stay: a specific contract (Working Holiday, student, round-the-world) may be more advantageous than standard travel insurance.

Travel Insurance Price According to the Traveler’s Age

Age is a central actuarial factor. At HelloSafe, we observe a progressive increase after age 60 and more limited availability after age 80.

👉 Compare contracts according to your age group: price differences can reach 30% to 40% for equivalent coverage.

Travel Insurance Price According to the Number of Travelers

The premium is calculated per person, but some pooling mechanisms exist.

• Couple: combined pricing, sometimes a slight discount.
• Family: shared baggage limits.
• Group: individualized but pooled pricing.

A family policy generally costs 2 to 3 times the individual rate.

Travel Insurance Price According to Selected Guarantees (Medical, Cancellation…)

The medical coverage level and cancellation option are the main price multipliers. Increasing the coverage limit may cost a few euros per day… but can multiply protection by 5 to 10 times.

👉 Compare coverage levels rather than price alone: a cheaper policy may hide an insufficient coverage limit.

How Is the Price of Travel Insurance Calculated?

The model is actuarial. The price reflects the anticipated average cost of claims. It includes:

1. Destination
2. Duration
3. Age
4. Number of travelers
5. Medical coverage limit
6. Selected options
7. Historical claims statistics

What Are the Key Factors That Increase Travel Insurance Prices?

The real order of impact on pricing is generally as follows:

1. Destination (USA first)
2. Cancellation option
3. Age
4. High medical coverage limit
5. Long duration
6. Specific activities

How to Pay Less for Travel Insurance?

The biggest potential savings usually come from:

1. removing unnecessary cancellation,
2. adjusting the coverage limit to the destination,
3. choosing an annual policy if traveling repeatedly.

Here is an expert, quantified, and practical analysis of the real impact of these levers on the premium.

Our expert view:

1. Subscribe early: the closer you purchase to departure, the higher the statistical probability of a pre-departure claim (especially for cancellation). Some contracts also require subscription within X days of booking to avoid surcharges. Savings are moderate but real.
2. Adjust the medical coverage limit: many travelers over-insure Europe. Reducing from €1,500,000 to €300,000 within Europe can cut premiums by 20% to 40%. Conversely, excessively lowering limits in the USA can be risky.
3. Avoid cancellation when unnecessary: for a short stay, cancellation may represent an additional €50 to €70, sometimes doubling the price of medical-only coverage. If your ticket is flexible or refundable, this option may not be rational.
4. Compare the daily price: a 7-day policy may cost €30, or €4.30/day. A 30-day policy may cost €45, or €1.50/day. The pricing structure favors longer stays because fixed administrative costs are spread out.
5. Choose an annual policy: three 10-day trips at €40 each = €120 total. An annual multi-trip policy may cost €80–€100. Savings can reach 30% to 50% for frequent travelers.

At HelloSafe, we identify concrete levers that can reduce the premium by 20% to 40% without lowering essential protection.

👉 Compare multiple scenarios (with/without cancellation, adjusted coverage limit, annual policy) to identify the most rational combination.

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