Aussies can save up to $621 on travel insurance policies by shopping around

plane flying across the sky

Travellers could find themselves paying double if they don’t shop around before buying a travel insurance policy, recent Mozo data analysis shows.

By comparing travel insurance you can save up to $621, which could instead go towards your holiday budget. 

“Rushing into a travel insurance policy without shopping around can be a very costly mistake and set holiday budgets back by hundreds of dollars,” says Claire Frawley, Personal Finance and Insurance Expert at Mozo. 

Obviously, the cost of travel insurance varies by destination as shown in the table below. But if you do your research and compare travel insurance policies, you could save big bucks.

Compared to 2019, the cost of travel insurance has increased by 57%, Mozo data has revealed. But if you consider the rising cost of travel since nations began opening their borders, it's not surprising that the cost of living crisis has also impacted travel insurance policy costs. 

Frawley says it's more important now than ever to ensure you’re covered before stepping onto a plane. With COVID still causing mayhem and flight cancellations becoming more common, it could be good to have insurance to protect you from any potential unforeseen mishaps.

Travel insurance tips and tricks

Everyone is keen to travel. Below we’ve provided some tips and tricks to help you find travel insurance that meets your needs:

  • Compare policies to help ensure you get the best value cover.
  • Read the fine print to help to make sure your policy covers all your holiday plans.
  • Know where you stand if you catch Covid and you have to pay for an extended stay, cancel your flight or quarantine.
  • Stay on top of any local Government advice and regulations

If you’re looking to get some travel insurance, you can start comparing travel insurance policies below, or head to our best travel page for award-winners.

Compare international travel insurance policies - last updated 22 June 2024

Search promoted travel insurance below. Advertiser disclosure Important information on terms, conditions and sub-limits.
  • Mozo Expert Choice Badge
    International Travel Insurance
    covid medical cover
    Yes
    covid cancellation cover
    Yes
    overseas hospital
    Unlimited
    cancellation cover
    $5,000 limit per policy with option to increase limit

    Get protection in a few simple steps with Freely travel insurance all in the palm of your hand. Freely Travel offers 24/7 emergency and medical support, 24/7 customer service. Plus, you can tailor your policy so you only pay for what you need, and adapt your cover in near real time. Add-ons such as car rental excess, snow sports or other activities also available. Receive 10% off your travel insurance policy with promo code: MOZO10. T&Cs apply, go to site for full detail.

    Details
  • Mozo Expert Choice Badge
    Comprehensive
    covid medical cover
    Yes
    covid cancellation cover
    No
    overseas hospital
    Unlimited
    cancellation cover
    Unlimited

    Enjoy unlimited medical cover and 24/7 emergency assistance services when you travel. Get unlimited cover for cancellation fees and prepaid travel expenses. Cover for luggage and travel documents. $5,000,000 personal liability cover.

    Details
  • Comprehensive
    covid medical cover
    Yes
    covid cancellation cover
    Yes
    overseas hospital
    Unlimited
    cancellation cover
    Unlimited

    If you are overseas, this insurance provides access to 24-hour emergency assistance and unlimited cover for emergency medical and hospital expenses. It also includes 38 automatically included pre-existing medical conditions, plus river cruising, motorbikes and mopeds included at no extra cost (T&Cs apply). RACV Members receive 15% off RACV Travel Insurance. Winner of a Mozo Experts Choice 2024 Exceptional Quality Travel Insurance Award^

    Details
  • Comprehensive
    covid medical cover
    Yes
    covid cancellation cover
    Yes
    overseas hospital
    Unlimited
    cancellation cover
    Unlimited

    Know that you have some protection for your holidays with Fast Cover's worldwide 24-hour emergency assistance. Cover is available for emergency medical and hospital expenses, cancellation costs, lost luggage and more. 25-day money back guarantee when you buy a policy and provided that you have not started your trip, made a claim or used your policy to obtain a visa. Cancellation cover for COVID claims limited to $5,000.Please refer to Fast Cover’s PDS for more information on what their Comprehensive Travel Policy offers as well as terms, conditions, exclusions and limits that apply.

    Details
  • Mozo Expert Choice Badge
    Comprehensive
    covid medical cover
    Yes
    covid cancellation cover
    No
    overseas hospital
    Unlimited
    cancellation cover
    Choose $0 to Unlimited

    Australia Post International Comprehensive Travel Insurance covers overseas medical expenses, cancellation costs and more (T&Cs apply). Optional extras like cover for existing medical conditions and winter sports available. 24/7 emergency support. Get a quote in minutes. Reduce your premium with variable excess. Policies may not be available to all travellers. Australian Postal Corporation ABN 28 864 970 579 (AR No 338646) is the distributor of Australia Post Travel Insurance.

    Details
  • Mozo Expert Choice Badge
    Comprehensive
    covid medical cover
    Yes
    covid cancellation cover
    Yes
    overseas hospital
    Unlimited
    cancellation cover
    Choose $10,000 to Unlimited

    Backed by the NIB, one of Australia’s largest travel insurance providers, Travel Insurance Saver brings you peace of mind on your travels. Compare three tiers of insurance cover, featuring benefits like 24 hour emergency assistance, emergency medical cover, luggage cover, cancellation cover and more.

    Details

^See information about the Mozo Experts Choice Travel Insurance Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.