Can insurance help if you cancel a trip out of fear?
The answer is, it depends. Your best bet for getting a refund no matter what is to buy an expensive type of insurance called "cancel for any reason" insurance when you book your trip. Otherwise, whether you get money back depends on the circumstances and policies of individual airlines, hotels and other vendors.
INSURANCE
Standard travel insurance may cover trip cancellations if a terror attack takes place shortly before your arrival, according to
But standard trip insurance won't cover trips cancelled out of more generalized fears. If you booked a trip to
So what does standard insurance cover? Typically, illness, injury, death in the family, natural disasters or other major events that prevent you from traveling.
"If you break your leg, you're covered. If your mother passes, you're covered. If a hurricane cancels flights to your destination for 24 hours or makes your home or destination uninhabitable, you're covered," said
Cancel-for-any-reason policies, however, let you change your mind on a whim. These policies are more expensive: Standard trip insurance costs about 5 percent of a trip, while cancel-for-any-reason policies can cost substantially more, Durazo said.
Standard insurance can be bought up to the day before departure, but cancel-for-any-reason insurance must be bought sooner. At SquareMouth, cancel-for-any-reason policies are only available within 14-30 days of your first booking for a trip.
Reimbursement rates vary by policy, so don't expect 100 percent of your losses to be covered.
AIRLINES
Airlines often charge hefty fees to change flights, but that can change in a crisis, especially if airports close or governments issue warnings.
HOTELS, CAR RENTALS, BOOKING SITES, TOUR GROUPS
Hotel chains and car rental companies often allow cancellations with no penalty until a day or two before arrival. But discount rates and package deals are sometimes nonrefundable, so check the terms. If you booked with a tour company or resort that has multiple locations, ask about a credit for another location.
Booking website policies vary.
CREDIT CARDS
Some credit cards offer protection if used to book a trip that's disrupted by an event like the terror attacks that closed the
DATA ON THE JITTERS
Isolated incidents don't usually dampen travel, especially if authorities respond appropriately and tourists were not targeted. But repeated events — like the bombings in
Travel to many European countries from June through August is also "underperforming" compared to last year, ForwardKeys said, likely reflecting the impact of terror attacks, the migrant crisis and other bad news. Declines in summer bookings range from 23 percent in
ForwardKeys also found an overall decline in arrivals to Zika-affected regions this year. One exception: Travel to
This story corrects the MileCards.com website name.


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