Travel Insurance

Exciting Fall Travel Trends: From CFAR to Business Trips

Exciting Fall Travel Trends: From CFAR to Business Trips

Fall is almost here! As we get ready for sweater weather and pumpkin spice everything, let’s take a look at what travelers can expect for the busy fall travel season. Here are some of the top fall travel trends to look out for. 

Flexible Travel Plans

Travelers are demanding more customizable travel insurance options. The travel insurance industry has responded by offering more cancellation options, trip interruption protections, more add-on benefits like Adventure Sports travel and even a la carte plans. If you’re on the fence about taking a trip this fall, these benefits will give you maximum flexibility and maximum confidence!

Trip Insurance with CFAR Will Be Essential

Purchasing trip insurance  with a Cancel for Any Reason option will be invaluable to hesitant fall travelers. Standard trip insurance offers travelers reimbursement if their trip is canceled due to specific events listed in the policy documentation, such as inclement weather, natural disaster, job termination, or death of a travel companion or a loved one. However, a trip insurance plan with CFAR allows you to cancel your trip for any reason and still recoup about 70% of your prepaid travel expenses. This includes things like flights, lodging and rental deposits, and unused venue tickets.

International Travel Will Surge

As fall approaches, travelers are buzzing with excitement for international adventures. After a long wait, the chance to explore new lands and experience different cultures has everyone eager to set off. With passports ready and a craving for new experiences, these wanderers are ready to embrace the beauty of autumn in foreign places and create unforgettable memories that highlight our shared global bond. 

Business Travel Will Get a Bounce

As convenient as Zoom business meetings are, Americans are eager to travel to conferences and to meet face to face with prospective clients. 

If a business trip is international, employers will want to protect their employees with travel medical insurance as well as trip insurance. This not only gives the employee all the peace of mind they need to stay focused on their all-important meeting, but also it satisfies the employer’s Duty of Care. Similarly, Business travel accident insurance is a great way to protect employees while they’re in transit. 

Sustainable Travel Itineraries Will Soar

According to a recent survey conducted by VisitorsCoverage, 75% of travelers have rated sustainability very important when it comes to their trip planning. Fueled by a commitment to responsible exploration, many travelers will build itineraries that minimize their impact while maximizing their experiences. From eco-friendly accommodations to mindful consumption, this fall, will find more and more travelers saying yes to travel experiences that leave both hearts and the planet full.

Millennial & Gen Z Travelers Will Lead the Way

According to DestinationAnalysts.com, Millennials and Gen Z-ers make up the most travel-ready demographic. They’re also most likely to think about buying trip insurance. You can expect to see these young people traveling both domestically and internationally sooner rather than later.

Travelers Will Continue to Book Vacation Rentals

Over the summer vacation home rentals and hosting sites like VRBO and AirBnB were very popular. We can expect this popularity to continue through the fall for good reason. Renting vacation homes is one of the most convenient ways to travel. As with road trips, so much of your vacation is within your control. You can literally come and go as you please, you don’t have to spend a ton of money on food, and you have all the creature comforts of home.  

Remember, trip insurance can give you even more convenience. If you need to cancel your trip for a covered reason, you’ll recoup prepaid trip expenses like any deposits you may have had to put down for the vacation rental. As we mentioned earlier, if you opt for trip insurance with CFAR, you get even more flexibility. 

 

As we look ahead to an exciting (and busy) fall season, there’s only one thing we can say with certainty: You’re travels won’t go exactly as planned. This may not necessarily be a bad thing, though. And it certainly doesn’t have to derail your entire trip. Travel insurance will continue to be a necessity for travelers of every type. Got questions about trip insurance? Our Customer Success Team is ready to help!