New Travel Trends Emerge for Insurance Buyers

Image: Younger people are purchasing travel insurance. (photo via scyther5 /iStock / Getty Images Plus)
Image: Younger people are purchasing travel insurance. (photo via scyther5 /iStock / Getty Images Plus)
Janeen Christoff
by Janeen Christoff
Last updated: 11:00 PM ET, Thu October 7, 2021

Travel has definitely made a comeback this year, but research continues to show that conditions are still far from normal. In fact, a picture of what the "new normal" may look like becomes clearer now that the industry has transitioned from the peak summer season to fall.

One trend that could be seen as predictable is the surge in interest in travel insurance. According to travel insurance aggregator Squaremouth.com, travel insurance sales have surpassed pre-pandemic numbers.

Now that the summer travel season is over, Squaremouth's has drilled down its data to reveal other travel insurance buying trends, as well as the types of trips travelers, are taking.

The data revealed 5 travel trends in the Squaremouth data that showcase the new normal.

The first is that, when it comes to sales, international travel made up 90 percent of Squaremouth's business. In summer 2020, more than 40 percent of travelers remained stateside, the highest amount in Squaremouth history. However, by the summer of this year, international travel made up approximately 80 percent of sales.

A new trend that has emerged due to travel restrictions is a demand for last-minute policies. As borders reopen, more travelers are booking international trips abroad at the drop of a hat.

Historically, travelers purchased insurance at least 50 days before their trip, according to Squaremouth. That grew to 100 days in advance for international trips in 2020. During summer 2021, Squaremouth's data shows that the window shrank to 25 days before a trip.

Since international travel can often be unpredictable, it makes sense that many travelers would turn their international travel dollars into domestic travel purchases. Now, for the first time, Squaremouth found that domestic travelers are spending more than their international counterparts.

In summer 2021, the average cost of a domestic trip was 22% more than an international trip, and travelers are spending about the same as they did prior to the pandemic, with an average trip cost of around $3,600.

Squaremouth also found that travel insurance consumers are skewing younger than the historical average. Travelers in the Baby Boomer and Silent generations comprised nearly half of all Squaremouth customers before the pandemic. This summer, that number was just about 25 percent.

Currently, Millennial and Gen-X travelers are now the largest demographic, each accounting for more than 25 percent of travelers.

The final trend Squaremouth identified in its research was that the Caribbean continues to lead in popularity among those who are currently traveling.

Mexico, Turks and Caicos, and Costa Rica were the top 3 international destinations on Squaremouth.com. Prior to the pandemic, Canada, Italy, France, and the UK were the most popular among U.S. tourists.


For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.

Topics From This Article to Explore

More From TravelPulse

Related Videos

Janeen Christoff

Janeen Christoff

Executive Editor - AGENTatHOME | TravelPulse Content Strategy

Editor Executive Editor - AGENTatHOME | TravelPulse Content Strategy true [email protected] 9088 14744 Janeen Christoff caught the travel bug while living in London, England. After two years on the road, she settled in Los Angeles and focused her writing on

Grow Your Travel Business With Certified Courses

Travel Agent Academy
Travel Agent Academy
Majestic Resorts Specialist ProgramDiscover all-inclusive luxury at Majestic Resorts in paradise.
Travel Agent Academy
Travel Agent Academy
Los Cabos Specialist ProgramSell the magic of Los Cabos: luxury, adventure, and endless sunshine.
Travel Agent Academy
Travel Agent Academy
Allianz Specialist ProgramProtect every journey with Allianz Partners Travel Insurance.
Travel Agent Academy
Travel Agent Academy
Majestic Resorts Specialist ProgramDiscover all-inclusive luxury at Majestic Resorts in paradise.
Travel Agent Academy
Travel Agent Academy
Los Cabos Specialist ProgramSell the magic of Los Cabos: luxury, adventure, and endless sunshine.
Travel Agent Academy
Travel Agent Academy
Allianz Specialist ProgramProtect every journey with Allianz Partners Travel Insurance.

Don't Miss These Travel Agent Events and Trainings

Upcoming Webinar
Every Island Tells a Story: Part 2 – Selling the Caribbean Through Immersive ExperiencesWednesday, August 19, 2026
2:00pm Eastern
Continue the journey in the second installment of our Every Island Tells a Story webinar series. This...
Upcoming Webinar
The Art of Destination Recommendation: Alternative Destination Strategies for Travel AdvisorsTuesday, August 18, 2026
2:00pm Eastern
What if your next best sale is a destination your client hasn’t considered—and you’ve never visited?...
Upcoming Webinar
From Interest to Booking: Selling HANKYU × PONANT Japan CruisesFriday, August 21, 2026
4:00pm Eastern
Take the next step in selling HANKYU × PONANT Japan cruises with a practical, advisor focused look at...
Upcoming Webinar
Every Island Tells a Story: Part 2 – Selling the Caribbean Through Immersive ExperiencesWednesday, August 19, 2026
2:00pm Eastern
Continue the journey in the second installment of our Every Island Tells a Story webinar series. This...
Upcoming Webinar
The Art of Destination Recommendation: Alternative Destination Strategies for Travel AdvisorsTuesday, August 18, 2026
2:00pm Eastern
What if your next best sale is a destination your client hasn’t considered—and you’ve never visited?...
Upcoming Webinar
From Interest to Booking: Selling HANKYU × PONANT Japan CruisesFriday, August 21, 2026
4:00pm Eastern
Take the next step in selling HANKYU × PONANT Japan cruises with a practical, advisor focused look at...