Travel Liability Insurance



If you are involved in the travel industry, whether you are a tour or cruise ship operator or a travel agent, you are sure to know that there is a lot of liability involved in operating this type of business. Clients can get fussy and want everything under the sun, so being protected by the right insurance can save your travel business in its hour of need. These incidents can also be very unpredictable, so you have to make sure you have the right liability coverage at all times.



Most people are familiar with travel insurance policies directed at the average traveler, but what about the liability insurance that travel agencies and tour operators must carry? You never hear much about that type of travel insurance. I will shed some light on what exactly travel liability insurance is and why your travel related company needs it. By the way, this as well as a few other types of insurance, are not optional. If you own a business in the travel industry and do not currently have a travel liability policy, please look into getting covered immediately. This is very important.

To start off this article, here are three of the main companies who can provide you with the insurance coverage you need to protect your travel or tour operations:

Check out and compare rates between AIG, Lexington (Alrisk.com), and CNA International. Also, an insurance company that is exclusive to the travel industry is The Berkely Group. If you have questions, The Berkely Group is probably the place to ask since travel is all they deal with. Be sure to ask what is covered, what isn't covered, how much coverage they suggest, and so on. Write down your questions before you call anyone. Get a travel insurance quote from each of them before you decide who you will be going with. The rates can vary widely, so don't skip this step!

Now to move on to the main question you have probably been asking yourself: What is travel liability insurance? Let me explain it to you in layman's terms…