Ash cloud chaos prompts more holidaymakers to consider travel insurance

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According to recent research from gocompare.com more holidaymakers than ever this summer are looking into travel insurance options before leaving the country.

It’s believed the high profile ash cloud disaster which caused travel chaos earlier this year after flights in and out of the UK were grounded because of the threat of the volcanic ash, and the highly publicised BA industrial strikes, have prompted travellers to invest in travel insurance to safeguard against any of these problems.

Many insurers are now offering policy add-ons, known as Travel Extension Disruption, so as to cover for issues which could arise as a result of any ash cloud problems due to the increased demand in this kind of cover from holidaymakers.

The study found that 1 in 5 British travellers are now checking the finer details of their travel insurance policies before setting off on holiday to clarify what they are, and aren’t covered for. Plus, 7% say they are prepared to pay more for better cover.

It’s estimated that 90% of British holidaymakers this year will take out some kind of travel insurance policy, while 60% of those will turn to a price comparison website to shop around for a low cost deal on cover.

The survey revealed that a worrying 1 in 10 tourists are still taking unnecessary risks by travelling abroad without taking out any kind of insurance policy.

Volcanic ash cloud has changed consumers approach to travel insurance

Volcanic Ash Cloud Iceland

The disruption to air travel caused by the volcanic ash cloud has changed consumers’ approach to travel insurance, new research has suggested.

According to a study conducted by TNS RI Travel and Tourism on behalf of Travel Weekly, one in five holidaymakers would now be more likely to ensure they had the correct travel insurance policy in place so they would be covered should any problems arise.

In addition, 80 per cent of the organisation’s members said that the authorities were correct in closing UK airspace on the grounds of health and safety.

However, a quarter of those questioned stated that the decision to resume flights could have been made quicker.

Tom Costley, head research partner at TNS RI Travel and Tourism, said: “As a one-off event, it was unlikely to have a significant impact on travel patterns for the rest of 2010, with the possible exception of an increase in travel insurance.”

News source: swiftcover.com

Related news story: Aviva launches volcanic ash insurance