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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Nationwide Mutual Insurance Company. (January 26, 2024). Leading reasons why consumers did not buy travel insurance in the United States in 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/
Nationwide Mutual Insurance Company. "Leading reasons why consumers did not buy travel insurance in the United States in 2023." Chart. January 26, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/
Nationwide Mutual Insurance Company. (2024). Leading reasons why consumers did not buy travel insurance in the United States in 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/
Nationwide Mutual Insurance Company. "Leading Reasons Why Consumers Did Not Buy Travel Insurance in The United States in 2023." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/
Nationwide Mutual Insurance Company, Leading reasons why consumers did not buy travel insurance in the United States in 2023 Statista, https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/ (last visited November 22, 2024)
Leading reasons why consumers did not buy travel insurance in the United States in 2023 [Graph], Nationwide Mutual Insurance Company, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/895634/reasons-for-not-buying-travel-insurance-usa/
