Travel

Insurance Against Air-Travel Snafus

New insurance will reimburse you for annoying inconveniences.

Who doesn’t have a complaint about flight delays, lost luggage or getting trapped on the tarmac? Now there’s insurance against these annoyances. Pay a flat fee of $25 for Berkshire Hathaway’s AirCare policy, and instead of getting a headache, you’ll get paid -- as much as $1,000 in some cases.

The company tracks your flight through a real-time monitoring system and instantly wires money to your bank account if your flight triggers a claim. Missing a connection because of a flight delay will net you $500; waiting longer than 12 hours for checked luggage, $500; sitting on the tarmac for longer than two hours, $1,000; and lost luggage, $1,000. Luggage claims require a photo of a baggage claim ticket. Otherwise, payouts are instant and cumulative. A long tarmac delay that leads to a missed connection? That’s $1,500.

Some credit cards provide limited travel insurance at no cost. And AirCare doesn’t cover cancellations or medical emergencies, so it won’t replace standard travel insurance.

Before you buy: A recent monthly tally by the Department of Transportation shows that tarmac delays of more than two hours occurred in fewer than 1% of flights; 80% of flights took off on time.

Most Popular

Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
The Berkshire Hathaway Portfolio: All 41 Warren Buffett Stocks Ranked
stocks

The Berkshire Hathaway Portfolio: All 41 Warren Buffett Stocks Ranked

The Berkshire Hathaway portfolio is a diverse set of blue chips, and increasingly, lesser-known growth bets. Here's a look at every stock picked by Wa…
November 16, 2021
Should You Take an Extra Big RMD This Year?
required minimum distributions (RMDs)

Should You Take an Extra Big RMD This Year?

Sometimes only taking the minimum IRA distribution can be a costly mistake. When deciding how much to withdraw this year, you need to consider the big…
November 23, 2021

Recommended

2021 Holiday Travel May Not Be Jolly
Travel

2021 Holiday Travel May Not Be Jolly

With shortages threatening holiday vacations, here’s what to expect — and what you can do.
November 17, 2021
7 Things Medicare Doesn’t Cover
Healthy Living on a Budget

7 Things Medicare Doesn’t Cover

Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. Here's a closer look at what isn't covered by Medicare.
November 16, 2021
Don't Let Your Credit Card Rewards Expire
Travel

Don't Let Your Credit Card Rewards Expire

If your miles or points are expiring too soon, see if you can reset the clock by transferring some to another loyalty program.
October 28, 2021
Is Hybrid Long-Term Care Insurance Right for You?
Long-Term Care Insurance

Is Hybrid Long-Term Care Insurance Right for You?

If you hate the idea of paying for long-term care insurance you may never use, a hybrid policy could be for you. The money you paid in premiums doesn’…
October 28, 2021