…This may be one instance where travel insurance will not help you. As regular readers know, we often urge travel insurance if the amount you’ve invested is more than the amount you can afford to lose. But this time, even insurance might not help you, said Sarah Byrne, marketing manager for Squaremouth, a travel insurance comparison site based inSt. Petersburg, Fla. Insurance might reimburse you for a mechanical breakdown, she said, but this sinking isn’t that, and although a couple of insurers have said they would cover this loss, most will not, she said.
See the full article from USA Today at: http://www.latimes.com/travel/la-tr-spot-20120122,0,290542.story
Related press releases:
- New York Times, January 27th 2009 – Packing the Right Credit Card
- USA Today January 19, 2012 – Does travel insurance cover disasters such as Concordia?
- USA Today, October 5th 2010 – Can you get a refund if you cancel a trip to Europe now?
- Tampa Bay Times March 20, 2012 – Squaremouth puts hip workplace in downtown St. Petersburg
- LA Times, April 16th 2010 – If your flight is canceled because of the volcano, should airlines compensate you?
