When it comes to paying extra for travel insurance, we typically err on the side ofskipping it.
But the coronavirus outbreak has put a wrinkle in that advice.
Whats a ticket-holding traveler to do?
The good news is that many travel companies like air carriers have relaxed their reservation policies.
Similarly,American Airlineswill waive change fees for nonrefundable fares for flights booked through March 31.
Is your credit card coverage enough?
But say youre locked into your travel plans and cant easily make changes or get a refund.
Will your credit cards coverage suffice?
And thats likely to overflow into your credit cards policy, too.
I asked both card networks to comment on any benefit restrictions due to the coronavirus.
Visa did not respond to my request.
In the meantime, I called Chase, through which I have several cards offering travel benefits.
Is it too late to get separate travel insurance?
Now that coronavirus is a foreseen event, you cant buy insurance coverage that covers it.
Barto said that the date carriers go by for the coronavirus event ranges from January 21 and January 27.
A policy with cancel for any reason coverage costs about 40% more than that.
She shared a sample search for a one-week, $8,000 trip for two travelers over 55.
Your travel insurance provider may have options, as well.
