ST. PETERSBURG Fla., Sept. 8, 2022 /PRNewswire/ — According to the TSA, general journey exceeded pre-pandemic numbers for the primary time over Labor Day weekend. Data from journey insurtech firm, Squaremouth.com, says this development will proceed by means of the rest of the 12 months.
- Post-summer journey bookings on Squaremouth.com are already up over 60% over final 12 months and 96% over 2019.
Following the pandemic, journey insurance has remained in demand.
International journey approaching pre-pandemic ranges.
- 85% of journeys booked on Squaremouth.com for the rest of the 12 months are to worldwide locations, in comparison with 89% in 2019.
Less flights had been delayed and canceled over Labor Day weekend, in comparison with each Fourth of July and Memorial Day this 12 months.
- Squaremouth information reveals shoppers are nonetheless more concerned with flight delays, missed connections, and baggage advantages than final 12 months.
- Interest in Travel Delay protection has grown by 74%, whereas Baggage Loss and Baggage Delay elevated by 33% and 30%, respectively.
On the opposite, the specter of COVID-19-related journey considerations continues to fall.
- Squaremouth reviews an almost 20% lower in shoppers looking for protection for contracting COVID-19 in comparison with final 12 months.
- Respectively, Cancel For Any Reason searches, which remained fashionable all through the pandemic, have fallen by 37%.
Methodology: Squaremouth.com hosts the biggest variety of journey insurance suppliers and insurance policies in the marketplace. Squaremouth Analytics in contrast 1000’s of journey insurance insurance policies bought for journey after Labor Day till the top of the 12 months in 2019, 2021, and 2022, to ascertain traveler tendencies.
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About Squaremouth
Squaremouth is a journey insurance comparability firm that helps prospects immediately search, evaluate, and purchase journey insurance insurance policies on-line.
Squaremouth.com hosts essentially the most intuitive journey insurance quoting and comparability engine in the marketplace at the moment. Coupled with over 100,000 verified buyer opinions and the biggest portfolio of merchandise, Squaremouth permits prospects to buy a journey insurance coverage from each main supplier within the US.
As an organization, we prioritize popularity over earnings, with a core aim of serving to each buyer discover the protection they want for the bottom doable value. Founded in 2003, Squaremouth.com – and our multi-award-winning customer support workforce – has helped greater than 2 million vacationers discover the most effective journey insurance coverage for his or her journey.
SOURCE Squaremouth
