It’s more than a good idea!
It has probably never been a better time to purchase travel insurance to protect your travel investment. Flight schedules are changing, there are strikes, slowdowns and unrest in the airline industry. Add to that the increasingly changing weather patterns and stricter cancellation policies in the travel industry, and it’s quite easy(and possible) to lose the thousands of dollars you’ve invested in your holiday.
Travelers Travel Insurance offers protection, but you’ll want to check the policy to be sure that it covers you(There are different policies and the coverage varies from state to state).
There are also certain companies that aren’t covered(the ones that come to mind are the airlines that are on the verge of extinction). Once an airline files for bankruptcy then the travel insurance will no longer cover that airline…..