Travel Planning in the Time of Coronavirus

Insurance may not cover canceled vacations, but airlines and hotels may be flexible.

(Image credit: Getty Images)

As the coronavirus continues to race around the globe, travelers are reconsidering their vacation plans. But if you’re counting on travel insurance to cover the costs of canceling a trip you’ve already booked, you may be out of luck.

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YearTotal revenue,
in billions
Percentage
of GDP
2010$15.02.52
201115.52.60
201216.22.69
201316.82.78
201417.52.79
201518.22.88
201618.72.88
201719.52.88
201820.62.90

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Emma Patch
Staff Writer, Kiplinger's Personal Finance

Emma Patch joined Kiplinger in 2020. She previously interned for Kiplinger's Retirement Report and before that, for a boutique investment firm in New York City. She served as editor-at-large and features editor for Middlebury College's student newspaper, The Campus. She specializes in travel, student debt and a number of other personal finance topics. Born in London, Emma grew up in Connecticut and now lives in Washington, D.C.