There are a lot of myths about travel insurance comparison. These are usually most popular with people who travel rarely, but some seasoned travelers buy them to. The reality is that these myths can cost you time, effort and a lot of money. Use the following advice to avoid following these impractical suggestions. You will get only benefits.

Myth 1: Travel insurance prices are based only on the destination you are going to.

A lot of people think that the further away from home you go the more you will have to pay for insurance coverage. The main misconception is that the destination you are traveling to will determine your premium and deductible only.

That fact is that destination is usually not as important for price determination as other factors. The other factors that affect the price of the policy include age, pre-existing medical conditions, duration of the trip and types of activities you will do during the trip. It matters whether you are 17 and under or aged under 55. With an annual travel insurance policy it may matter whether each of your trips is 90 days in length or longer. In addition, if you plan to go scuba diving or mountain trekking, you may need to buy hazardous activity coverage which will automatically push the price of your policy up.

Myth 2: You cannot save with travel insurance price comparison because all prices and covers are similar.

Many travelers think that that you can save only pennies with travel insurance price comparison. They believe this because they find that most policies have similar types and amounts of covers as well as close prices. However, this does not mean that you cannot save with comparison.

The fact is that there is much more to travel insurance than the main covers, cancellation and interruption insurance coverage, accident & sickness medical coverage and baggage and personal belongings coverage. You may get additional passport and/or liability coverage for pennies with some policies. In addition, you may be able to get a family travel insurance quote that offers your kids under 18 to be covered for free. Similarly, you may get free access to 24-hour emergency assistance services. Most importantly, you may be eligible to various discounts that will automatically push the offered price down.

Myth 3: The deductible or excess does not affect the price of the policy.

Most travelers know that in order to make a claim on their policy, they need to pay some amount of money out of their pocket. Since this amount of money is usually small and you may never get to pay it, it is perfectly natural not to consider it when making travel insurance price comparison. This will be a mistake, however.

The fact is that the deductible or excess affects the overall cost (price) of your policy and should be taken into account. If you go for a cheap cover, it may require the payment of a considerable sum out of your pocket. In this case, you will actually pay much more than you have expected to, just because you have not compared the prices in line with the covers, deductible and other features and benefits of the policies in advance.

Myth 4: Travel insurance price comparison is time and effort consuming.

This is a huge myth that is probably popularized by careless, lazy or way too busy travelers planning their trip. In turn, a lot of people fail to compare prices and end up paying much more than they have expected just because they wanted to save time and effort.

The fact is that travel insurance price comparison has never been easier and quicker. Now you can take advantage of comprehensive online travel insurance quote services from providers, such as Squaremouth and World Nomads and moneysupermarket.com financial group. All you have to do is fill out a short quotation request form and you will get numerous policies from different underwriters. Filling out the form takes minutes and quotes are received timely. You get to use plenty of comparison tools as well. The best thing is that you do not have to pay anything for this service.

Now you know how to avoid following the most common travel insurance price comparison suggestions. More importantly, you have plenty of advice and tools to use to get the best deal at the lowest price.

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