Travel Insurance for Lost Luggage
Survey American travelers and besides the long security lines, the next biggest nuisance is lost luggage. It happens to everybody at least once in their travels. It’s unavoidable, and every airline isn’t foolproofed. It happened to me on my trip to Hong Kong. I arrived safely at the airport, but my luggage was nowhere to be found. As technologically advanced as the database systems and their tracking systems appeared to be, there was still that small percentage for human error. I had to wait not one day, but almost a week until my luggage would be recovered. I guess it was better that I hadn’t lost it, but if that were to occur, I cannot imagine the losses that could have incurred. International travel abides by the Warsaw Convention such that they limit liability for lost or stolen luggage to a small amount. U.S. airlines will offer a limited liability coverage of $3000. If you were to look up travel insurance tips, you will find that there is an insurance provision known as excess valuation that will protect you from these losses. They provide an additional $5000 coverage at a rate of $1 for every $100.
