PE.com - Tourism Blog

You Wouldn't Buy Insurance in Blackjack, Would Ya?

I don't think anyone's a big fan of paying for something based on fear - pick any holiday that involves buying loved ones things just because if you didn't, you'd have to reckon with that someone. Social extortion.

Travel insurance? Just like Valentines Day in my book, so I appreciated yet another story that concludes that travel insurance is bunk.

I don't mind if credit card companies want to include it with their cards - $3,000 for each bag potentially lost? Can't say no to that.

But when budgeting for the next trip, consider your odds of winning your travel insurance reward and then walk away, confident that your flight will be fine, your life insurance is up-to-date and your stove is turned off.

-- KIMBERLY PIERCEALL
kpierceall@PE.com