No, State Farm does not offer travel insurance. However, it does offer travel expenses such as lodging, meals, and a transformational fare for those whose car can’t go more than 50 miles from home with State Farm collisions and comprehensive insurance and for those who might get involved in a car accident while traveling. Keep in mind that these are not included in travel insurance policies.
So, if you’ve opted for rental insurance from State Farm and you got involved in an accident and then took the car to the repair shop, the company will then step in by reimbursing you for a rental car for this type of coverage.
While these might seem like something one should opt for, it’s advised that you purchase travel insurance, as State Farm does not provide the comprehensive coverage a travel insurance policy does. A travel insurance policy helps to protect your nonrefundable trip expenses along with emergency medical situations.
What Types of Insurance Does State Farm Offer?
Below are some of the insurance coverages offered by State Farm to protect you and your assets in various ways.
- Car insurance: State Farm offers car insurance with an attractive discount for teens and students, and in addition to that, they have a strong reputation in consumer studies. To crown it all, it provides an additional discount for good driving by installing a small GPS-based device inside your vehicle to track its location and monitor a number of parameters, which are speed, distance, and location.
- Homeowners insurance: State Farm home insurance offers coverage for medical payments, dwelling, loss of use, personal liability, personal property, and even more. You could get more insurance coverage through your local State Farm agent, so it’s wise to contact one of their insurance agents to better understand and probably have more options.
- Life insurance: State Farm gives individuals the opportunity to select from either term, whole, or universal life insurance. As a beneficiary, you get the benefit with no tax included and without any restrictions placed on how the benefits should be used. In addition to all this, State Farm offers term riders for children and care benefit riders, which allow their customers to purchase coverage and benefits according to their needs.
State Farm offers other types of insurance coverage for disability insurance, supplemental health insurance, renters insurance, motorcycle insurance, roadside assistance, and more. In addition to all the coverage offered, it also offers pet insurance through Trupanion, a pet insurance provider.
Do I Need Travel Insurance?
Whether or not you need travel insurance is highly dependent on your needs. Although some countries require that you have it to be able to fulfill entry or visa requirements, if you cannot afford to lose any nonrefundable expenses associated with your trip, or if you mostly deal with international travel or are concerned for your belongings or any medical potential emergency bills you might face during your travels, then you should consider getting a travel insurance policy.
Companies That Offer Travel Insurance
Here are the top companies that offer travel insurance with valuable benefits to compensate you for any trouble you may incur during your trip:
- Tin Leg: Tin Leg is designed for budget-conscious shoppers, and they have a very competitive price due to the level of perks they provide. However, they have a good range of prices for their medical and evacuation coverage limits.
- Seven Corners: Seven Corners is for those seeking robust coverage, as it offers top value for them. Its round-trip choice plan covers cancellation and interruption upgrades, with great benefits across the board, including superior medical and baggage coverage.
- Nationwide Travel Insurance: Nationwide travel offers reimbursement for any reason, regardless of why you cut your trip short. It provides excellent medical evacuation, non-medical evacuation, and missed connection benefits.
- AXA Assistance USA: Offer a platinum plan, which includes top baggage, personal effect coverage, and generous medical, evacuation, and missed connection coverage.
- Cat 70: This travel insurance is designed for children and gives some parents peace of mind. It covers trip cancellation and trip interruption benefits for a child’s caregiver when she gets injured, becomes ill, or dies. This insurance provides generous medical expense coverage and good hurricane coverage. In addition, it allows you to cancel for any reason.
Frequently Asked Questions
How can I get travel insurance if State Farm doesn’t offer it?
You can purchase travel insurance from other providers that specialize in this type of coverage. Research and compare different companies and policies to find the best fit for your needs.
Does State Farm cover international travel?
While State Farm does not offer specific travel insurance, their auto and home insurance policies may provide limited coverage for international travel. Review your policy details or contact State Farm for more information.
How much does travel insurance cost?
Travel insurance costs vary depending on factors like your trip duration, destination, age, and coverage level. On average, travel insurance may cost between 5% to 10% of your total trip expenses.
What does travel insurance typically cover?
Travel insurance can cover trip cancellations, interruptions, delays, medical expenses, evacuation, lost or delayed luggage, rental car damage, and more, depending on the policy.
Can I purchase travel insurance after booking my trip?
Yes, you can purchase travel insurance after booking your trip, but it’s best to buy it as soon as possible to ensure maximum coverage. Some benefits, like “Cancel for Any Reason,” may require purchasing insurance within a specific time frame after booking.
Does travel insurance cover COVID-19-related issues?
Some travel insurance policies cover COVID-19-related issues, such as trip cancellations or medical expenses, while others do not. Review policy details or contact the insurance provider for more information.
How do I file a claim with my travel insurance provider?
To file a claim, contact your travel insurance provider and follow their claims process. This may involve providing documentation and evidence of your loss or expenses.
