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Homeowners and renters policies may offer coverage for lost possessions. However, these policies may not fully cover your loss fully due to high deductibles.
The medical coverage included in some travel insurance plans may be valuable for people whose health insurance plans do not pay for covered medical expenses incurred outside of the United States (e.g., Medicare, certain HMOs, etc.). Even if it your insurance does, you may not be covered for the full amount due to deductibles and co-insurance. Plus, many plans do not pay for evacuations, which can be very expensive. In addition, medical plans typically don’t include coverage for trip cancellation.
Many credit cards have only limited coverage and assistance service, with only a few including coverage to reimburse in the event of a trip cancellation or an emergency medical evacuation. Check your credit card documentation carefully.