Travel Insurance - good or bad?

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How much is the cost of the cruise for $150?

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About $2K. I'm not against them making money, just don't want to buy another policy if my card might have similar overall benefits.

It sort of looks like the Chase Sapphire Reserve has similar benefits, and if I book with that card, those are included. I think I might be buying something I don't need, but I wanted to ask those who travel regularly and certainly more than I do.

$150 is 7.5% of $2000 so thats about right.

I have never paid for rental car insurance and rented a car 3 times in Europe. We got side swiped on one trip and I didn't know it happened until the morning we turned the car in. It was $1200, my credit card I used had international rental car insurance and I paid the $1200 and then I received a refund about 30 days later. Process was super easy (this was all USAA but the insurance was a 3rd party).

I don't think all CC insurance is as good, so it really depends.

Personally I think the best bet is to book refundable or transferrable trips as much as possible and then use a good CC with travel insurance perks. Unless you have something that is almost definitely going to happen in the next year such as a close relative with cancer and a short life span given by a doctor, I don't think travel insurance is generally worth it.

Your other option is to wait and book

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Chase Sapphire Reserve or for Delta flights, I have the Delta AMEX Platinum.

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We have both as well. Usually charge on the Chase card. To me, the Chase Sapphire Reserve is easily one of the best travel rewards cards.

Benefits

Review 1

Review 2

If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours and hotels.

I'll caveat that by saying the person that pays the bill, the wife (no pics), states that we do purchase trip insurance for more expensive trips.

Best Travel Insurance

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Chase Sapphire Reserve has similar benefits, and if I book with that card, those are included.

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Yes, there are some good benefits with that card. I just reviewed those insurance benefits before our trip this summer. But like all insurance, collecting on those benefits if you have something happen is a different story. Travel insurance is not usually regulated so its rife with abuse by the companies that provide the insurance.

I generally spend about the same and get it more for the med evac and medical benefits than the costs of the trip. It also gives my wife peace of mind, at a low cost. Transguard and Allianz typically have the best coverage for the money.

I go on hiking trips often, so yes I buy it. Even for Canada, where they will bill you out if you have to use their healthcare system.

It would depend on areas traveling to and activities.
Staying at resorts or most tourist areas I say no. But if going off beating path, then maybe justified. I say this because if you break a leg, or have a heart attack most of these places healthcare are capable of reasonable care. At the very least to get you stabilized to return home. Likely for 1/5 of cost here in states.

For trip refund or cancelation issues most of the companies will find any way not to pay. Better to pay up front to be able to reschedule or change dates.

Like you I usually book travel on my CSR because of the good travel protections and they do have a med evac plan. Also, I have an AMEX Plat and that one apparently has great med evac coverage and you don't even need to buy the trip on it to be covered. I'm guessing the Delta AMEX Plat you have has that coverage too. Long story short, I feel I'm covered for med evac with CSR and Plat. I do need to look into insurance though as we're doing an African Safari next year.