- The Costco Cover-More travel insurance plan can offer protection for trip cancellation, trip interruption and delay, lost baggage, and medical costs.
- Costco’s travel insurance policies are limited to U.S. residents traveling domestically or internationally, and will not cover visitors to the US.
- While Costco’s plans are primarily designed to cover trip-related mishaps, they offer limited emergency medical coverage.
- Purchasing a separate travel insurance plan can give you more flexibility when choosing coverage and benefits.
- Top travel insurance plans include: Trip Protection Basic and iTravelInsured Travel LX.
When making travel plans, people are always on the hunt for good deals. From travel arrangements to places to visit, and attractions to enjoy, Costco can help get you ready and set to go. However, whether you are planning a solo vacation or traveling with family or friends, costs can add up quickly, which is why it is always a good idea to consider travel insurance.
If you are one of the thousands of people who have a Costco membership, you know they have some great deals when it comes to bulk buying. What you may not know is that they also have travel agents who can help plan your next vacation and even provide you with many discounts for hotels, flights, and other expenses. But does Costco offer travel insurance?
Does Costco Offer Travel Insurance?
Costco Travel is a branch of Costco that is able to provide families and individuals who have Costco memberships with comprehensive travel packages that include discounts to many adventures. However, when booking your trip through Costco Travel, it’s important to consider whether or not they offer travel insurance and where you can find a policy that will protect you abroad.
Costco Travel gives you the option to secure a travel insurance policy when booking your travel plans through their partner, Cover-More Inc., through the company Zurich.
What Is the Costco Cover More Travel Insurance Plan?
The Costco Cover-More travel insurance plan by Zurich is a trip insurance plan that offers travel-related coverage such as trip cancellation, trip interruption, trip delay, baggage loss, and emergency medical benefits.
Trip insurance offers reimbursement for eligible nonrefundable trip expenses related to trip mishaps as described in the plan’s benefit documentation.
What Types of Travel Insurance Does Costco Offer?
Based on your travel plans, Costco Travel will provide you with the option to purchase the travel insurance policy that best fits your plans. They offer the following types of travel insurance:
- Domestic – for domestic travel in the U.S.
- International – for all international travel
- Cruise – trip insurance designed for cruises
- Rental Car – rental car protection only
It is important to note that Costco travel insurance plans are trip protection plans, not travel medical insurance plans. Additionally, plans are only available for U.S. residents traveling domestically or internationally. Visitors to the United States are not eligible for these plans.
What Does Costco Cover-More Travel Insurance Cover?
Cover-More travel insurance can offer trip-related protection for unexpected travel hiccups. This can include:
- Reimbursement for a covered trip cancellation reason for prepaid and nonrefundable expenses
- Coverage for lost, stolen, or damaged baggage
- Coverage for baggage delay of more than 12 hours
- Emergency medical benefits
- Emergency medical evacuation
- Repatriation of remains
There are also some additional benefits available for an added charge, including Cancel For Any Reason and a Rental Car Damage upgrade.
What Doesn’t Costco Cover-More Travel Insurance Cover?
As with most travel insurance, there are exclusions when it comes to coverage. These exclusions in coverage can include:
- Pre-existing conditions
- Routine or preventative medical care
- Pregnancy or maternity care
- Refundable expenses
- Adventurous activities
How Much Does Costco Travel Insurance Cost?
Costco travel insurance will vary in cost depending on a number of factors. This can include which plan you choose, your destination, the length of the trip, and the total trip cost that you are ensuring (non-refundable and prepaid expenses).
In the chart below, you’ll find some example quotes for Cover-More travel insurance for different types of trips.
Costco Cover-More Travel Protection Plan Premium Quotes
| Plan Type | Trip Length | Destination | Trip Cost | Premium |
|---|---|---|---|---|
| International Travel Protection Plan | 15 Days | France | $5,000 | $325 |
| International Travel Protection Plan | 30 Days | South Africa | $10,000 | $650 |
| Cruise Travel Protection Plan | 7-8 Days | Caribbean | $2,000 | $100 |
| Domestic Travel Protection Plan | 15 Days | Anywhere in the U.S.A. | $2,000 | $90 |
| Rental Car Damage Plan | 15 Days | Anywhere in the U.S.A. | $700 | $93.50 |
Should I Buy Travel Insurance Through Costco?
The Cover-More Zurich travel insurance plan is a basic trip insurance plan that has more focused coverage on travel-related expenses, such as flight cancellations or trip delays. However, it is not a travel medical insurance plan and only offers limited medical coverage, which may not be suitable for all travelers.
For example, if you are traveling outside of the United States, a trip insurance plan may not provide adequate medical coverage, especially for older travelers. Additionally, we found in our research that even though age does play a role in the cost of insurance, the prices almost double, yet the benefits don’t change through Cover-More for senior citizens.
It may be a wise idea to do some research into other options to see what is best for not only your age but also for your individual needs, or any pre-existing issues or medical conditions.
Does Costco Credit Card Have Travel Insurance?
The Costco credit card does not offer comprehensive travel insurance coverage, such as emergency medical care or trip-related expense coverage for trip interruption, delay, or cancellation.
It does, however, offer some other travel benefits, such as travel accident insurance if you or your spouse or child dies or is dismembered while on a common carrier, if you used your card to pay for your fees.
Additionally, the Costco credit card offers rental car insurance, roadside assistance, and 24/7 travel and emergency assistance for emergency travel arrangements or issues.
What Is the Best Place to Get Travel Insurance?
When you start your research, it’s best to find a reputable global travel insurance marketplace where you can compare the best travel insurance plans and pick whichever one fits your budget and needs.
The travel insurance plans we offer can cover emergency medical issues, rental cars, luggage loss, flight delays or cancellations, or even a Cancel For Any Reason add-on should you find you are unable to go through with your travels for any reason.
We also offer travel medical insurance plans, which can provide strong medical coverage for elderly parents visiting the US or those traveling to the United States.
Doing your research to find the travel plan that is best for your individual needs will save you frustration during your trip and ensure that you have the right protection.
Learn More About Our Trip Insurance PlansHow Can I Get the Help I Need?
As you get ready for your next trip, all of us at VisitorsCoverage want to make the planning process as easy as possible. If you have any questions, our licensed travel insurance experts are available to help. We’ll send you on your trip as hassle-free as possible.
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