Top 5 Best Travel Insurance Companies For August 2025
If the past few years have proven anything, it’s that even the most well-thought-out plans can fall apart. Now more than ever, travelers are wondering what the best travel insurance for their next trip is.
As a result, travel insurance usage is more prevalent than ever.
Whether for unexpected medical expenses, trip cancellation guarantees, or policies that cover more adventurous travelers, Travel Off Path has found 5 of the best travel insurance options for every type of traveler.
Best Travel Insurance For: SafetyWing is a very low-cost insurance that is great for budget travelers and digital nomads that is easy to extend on the go. SafetyWing separates itself from competitors by offering low-cost monthly travel insurance plans, perfect for a nomadic lifestyle.
Travelers 39 and under can secure coverage for just $56.28 per month. As ages increase, so do rates. Those in their 40s will pay $92.40 per month, those in their 50s will pay $145.04 per month, and those in their 60s will be subject to the highest pricing of $196.84 per month. Interested in just a week? Your price will be drastically lower than the competition.
Pros
- Very-Low-Cost Option
- Available for nearly everyone in almost any country.
- Travelers under 39 get lower pricing.
- Subscription model makes it easy to stay covered while traveling long-term.
Cons
- Age limit of 69
- Has a deductible for medical incidents ($250)
- No coverage for extreme sports
Coverage
- Trip Interruption: Up to $5,000
- Travel Delay: Up to $100
- Lost Luggage: Up to $3,000
- Medical Incidents: Up to $250,000
Cost for 1 Week of Coverage in August*
- Ages 10 – 39: $16.08
- Ages 40 – 49: $26.40
- Ages 50 – 59: $41.44
- Ages 60 – 69: $56.24
*Pricing is based on a 1-week trip from the USA to Europe in August.
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Best Travel Insurance For: HeyMondo has no deductible and offers incredible coverage amounts. This is the perfect plan for travelers who want complete peace of mind.
HeyMondo offers one-off trip insurance plans, but no longer offers annual plans to U.S. travelers.
Pros
- 3 tiers of plans to choose from, offering greater flexibility
- NO deductible
- Optional coverage for extreme sports
Cons
- Age limit of 69 for trips under 30 days, and age limit of 49 for trips over 30 days
- Can be pricier depending on policy needs
Coverage
- Trip Interruption: Up to $10,000
- Travel Delay: Up to $3,000
- Lost Luggage: Up to $3,000
- Medical Incidents: Up to $500,000
Cost for 1 Week of Coverage in August*
- Heymondo Top: $68.79
- Heymondo Premium: $81.94
- Heymondo Medical: $22.04
*Pricing is based on a 1-week trip from the USA to Europe in August.
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Best Travel Insurance For: InsureMyTrip is great for seniors. Great for coverage for those 69 and older, InsureMyTrip offers many different coverage plans that will keep you protected during your journey should any travel incidents or medical incidents occur.
Pros
- Great coverage that includes trip cancellation benefits.
- Coverage options for those over 69
- Vast coverage options allows for ultimate choice.
Cons
- Can be more pricy when compared to other plans
Coverage
- Coverage varies based on the plan selected.
Cost for 1 Week of Coverage in August*
- Cheapest Plan: $12.80
- Most Expensive Plan: $624
*Pricing based on a 35-year-old American traveling for 1 week in August from USA to Europe with a total trip cost of $5,000
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Best Travel Insurance For: World Nomads is a great option for the more adventurous traveler. Plans automatically cover more extreme activities such as scuba diving or ATV outings.
Pros
- Coverage for extreme sports automatically included
- Explorer plan offers car rental coverage up to $35,000
- 24-hour assistance for added peace-of-mind
Cons
- Age limit of 69. However, a partnership with TripAssure allows those over 69 to find coverage
Coverage
- Trip Interruption: Up to $15,000
- Travel Delay: Up to $5,000
- Lost Luggage: Up to $3,000
- Medical Incidents: Up to $250,000
Cost for 1 Week of Coverage in August*
- Standard Plan: $97.60
- Explorer Plan: $167.28
- Epic Plan: $308.04
*Pricing is based on a 35-year-old American traveling for 1 week in August from the USA to Europe.
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Best Travel Insurance For: HTH Worldwide is best for travelers over the age of 69.
Pros
- Coverage those over 69
- 3 tiers of coverage offer cost flexibility
- 24-hour assistance for added peace-of-mind
Cons
- Can be expensive depending on age
- Cancel for any reason option only reimburses 75% of cost
Coverage
- Trip Interruption: Up to 200% of trip cost
- Travel Delay: Up to $2,000
- Lost Luggage: Up to $2,000
- Medical Incidents: Up to $500,000
Cost for 1 Week of Coverage in August*
- TripProtector Economy: $184.21
- TripProtector Classic: $223.19
- TripProtector Preferred: $300.22
*Pricing is based on a 35-year-old American traveling for 1 week in August from the USA to Europe with a trip cost of $5,000.
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