2 Best Value Travel Insurance Companies in 2025

Travel can be such an adventure, but it’s true that no matter how well you plan, there can always be some bumps along the way. Flight delays, cancellations, unexpected illnesses, and little mishaps can sneak up and damper your dream getaway.

While predicting every twist and turn is impossible, choosing the right travel insurance can provide relief and peace of mind, knowing that your investments, plans, and traveling companions are protected.

Finding the best value for your money might seem daunting with so many options. However, we’ve made it easy for you by providing our recommended plans with the most reliable coverage at the most affordable rates in 2025. This way, you can travel with peace of mind and confidence, ready to enjoy every moment of your trip!

Key Takeaways

After evaluating all 19 providers and 100+ plans in the Squaremouth marketplace, we chose Berkshire Hathaway Travel Protection as the leading company for affordable travel insurance in 2025. Below are our recommendations for the best-value travel insurance plans to accommodate specific coverage levels:

• Best Value Travel Insurance with Comprehensive Coverage: Berkshire Hathaway – ExactCare Value
• Best Value Travel Insurance for Medical Coverage: Tin Leg – Standard

What Factors We Considered

To ensure transparency and independence in selecting our travel insurance award winners, we base our decisions solely on Squaremouth marketplace sales data from the previous month, without any influence from insurance companies, business relationships, affiliates, or other external parties. Each award is given to the top-selling plans that meet the specific criteria outlined below.

• Best Value Travel Insurance with Comprehensive Coverage: Over 250 sales, trip cost insured greater than $0, 100% trip cancellation coverage, emergency medical coverage of at least $10,000, and medical evacuation coverage of at least $50,000, sorted by average premium from lowest to highest.
• Best Value Travel Insurance for Medical Coverage: Over 250 sales, trip cost insured equal to $0, emergency medical coverage of at least $10,000, and medical evacuation coverage of at least $50,000, sorted by average premium from lowest to highest.

Best Value Travel Insurance with Comprehensive Coverage

Berkshire Hathaway Travel Protection

• Best Plan: ExactCare Value
• Covers 100% of prepaid, non-refundable trip costs for just an average premium of $154 per trip
• Offers substantial medical protection without overspending, including $15,000 in Emergency Medical coverage and $100,000 in Medical Evacuation coverage at an affordable price
• Ideal for travelers who value added flexibility, offering optional Cancel For Any Reason (CFAR) protection

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We chose Berkshire Hathaway’s ExactCare Value as the top travel insurance for value-conscious travelers seeking comprehensive coverage without overspending. With an average cost of just $154 per person, it's one of the most affordable options on Squaremouth, and it has comprehensive coverage for the most common traveler concerns.

Despite its lower price, ExactCare Value provides essential benefits, including 100% Trip Cancellation coverage, 150% Trip Interruption coverage, and optional CFAR, which gives you the flexibility to cancel your trip for any reason not covered by the standard policy. It also offers $15,000 in Emergency Medical coverage for unforeseen illnesses or injuries and $100,000 in Medical Evacuation coverage, exceeding our recommended amounts.

Best Value Travel Insurance for Medical Coverage

Tin Leg

• Best Plan: Standard
• One of the most cost-effective medical travel insurance plans, averaging just $35 per trip, compared to an average of $56 for other plans
• Provides $30,000 in Emergency Medical coverage and $200,000 in Medical Evacuation coverage, significantly higher than the average claim amounts of $1,654 and $17,086 for each benefit, respectively
• Emphasizes medical benefits instead of trip cancellations, making it most suitable for travelers who prioritize health coverage, including those with pre-existing conditions, with a standard 14-day window from the initial trip deposit

Get Quotes

We chose Tin Leg—Standard as our best medical travel insurance coverage value. It provides complete medical coverage at just $35 per trip, with emergency medical and evacuation benefits. This plan includes generous $30,000 Emergency Medical and $200,000 Evacuation coverage, with a pre-existing coverage waiver (if bought within 14 days of the initial trip deposit) so you can feel secure that you have enough protection in case of illness or injury while traveling while remaining budget-conscious.