Leading reasons why consumers did not buy travel insurance in the U.S. 2023

Published by Jennifer Rudden, Nov 1, 2024

Almost half of consumers in the United States who did not buy travel insurance in 2023 did so because they believed it wasn't necessary. Cost was the next most mentioned reason for not purchasing travel insurance, which was stated by 37 percent of respondents. Meanwhile, the leading reason U.S. consumers bought travel insurance was for their own peace of mind.

Leading reasons why consumers did not buy travel insurance in the United States in 2023

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Release date

January 2024

Region

United States

Survey time period

September 12 to 19, 2023

Number of respondents

1,000 respondents

Age group

18 years and older

Special properties

nationally representative by age, gender, race, and region

Method of interview

Online survey

Supplementary notes

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