How to Get Cheap Travel Insurance for Multiple Trips

Annual Multi-Trip vs Single-Trip Travel Insurance

If you travel more than twice a year, an annual multi-trip travel insurance policy is almost always cheaper than buying separate single-trip cover each time. Annual policies provide cover for an unlimited number of trips within a 12-month period (subject to a maximum trip duration, typically 31, 45, or 60 days per trip), making them ideal for frequent travellers.

Calculate Your Break-Even Point

A basic annual multi-trip policy for a single adult typically costs 30 to 80 pounds for European cover, or 60 to 150 pounds for worldwide cover. If a single-trip European policy costs 20 to 30 pounds, you break even after just two or three trips. Beyond that, the annual policy saves you money on every additional trip.

How to Reduce the Cost of Annual Multi-Trip Insurance

Choose Your Cover Area Carefully

European cover is significantly cheaper than worldwide cover. If you only visit the USA or long-haul destinations occasionally, it may be cheaper to buy worldwide cover for that specific trip and a European annual policy for your other holidays.

Adjust Your Maximum Trip Duration

Policies with a 31-day maximum trip duration are cheaper than those covering 60 or 90 days. If you never take trips longer than three weeks, choose accordingly.

Increase Your Excess

Choosing a higher excess reduces your premium. A 150 pound excess instead of 50 pounds can reduce costs meaningfully - provided you can absorb a larger out-of-pocket cost if you do claim.

Where to Compare Annual Multi-Trip Policies

• Compare the Market, MoneySuperMarket, and GoCompare all offer annual multi-trip quotes
• Check specialist providers like InsureandGo, Coverwise, and Staysure
• Some credit cards and bank accounts include annual travel insurance as a perk - check before buying

Key Features to Compare

• Medical expenses cover - minimum 2 million pounds for Europe, 5 million for worldwide
• Cancellation cover - important if you book trips far in advance
• Gadget cover - especially if you travel with expensive electronics
• Sports and activities - check whether your planned activities are included