(PRWEB UK) 5 February 2013
According to figures released by ABTA, 1 in 4 Brits are now travelling abroad without insurance, with many thinking it’s too expensive or are confused about what is already covered.
The research revealed that 24% of travellers do not buy holiday insurance, up from 20% last year. Men and those in the 18-24 age group are the most unlikely to buy insurance, with only 52% of young travellers thought to be covered when they travel. 31% said they thought insurance was too expensive.
The research also revealed that 1 in 10 Brits do not check the details of their policy and 65% of Brits staying in the UK do not take out insurance.
Cost.co.uk allows users to seek out the best travel insurance deal for them from various insurance providers.
A spokesperson from Cost.co.uk said:
“It’s incredibly worrying that so many Brits are failing to take out holiday insuranc e before they go on holiday and mainly because they think it’s expensive. By comparing the insurance deals out there based on your trip, you’d be surprised how cheap travel insurance can be. Travelling without holiday insurance is incredibly risky and you could face huge costs if you get into trouble.”
Based in Essex, Cost.co.uk is one of the UK’s leading price comparison sites. Allowing their online customers to seek out great deals and offers for travel insurance, car insurance, credit cards, holidays and more. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.