Costco Travel Insurance Review

Costco keeps things simple, offering specific plans for international, domestic, cruise and rental car insurance.
Lee Huffman
By Lee Huffman 
Published
Edited by Giselle M. Cancio

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When something goes wrong on your trip, having travel insurance protects you personally and covers eligible travel expenses.

Many travelers rely on credit card travel protections, but those benefits generally have lower limits and only cover reservations made with that card.

If you’re considering buying Costco travel insurance, here’s what you need to know, including what it covers, how much it costs and which plan is right for you.

What does Costco travel insurance cover?

Members tend to love Costco and often look to see if it offers products and services before looking elsewhere.

When planning a trip, members might ask, "Does Costco sell travel insurance?" so they can protect their vacation. Costco offers several different types of travel insurance coverage based on the type of trip you are taking.

Insurance policies are offered by Cover-More Inc., a company of Zurich. To simplify coverage and premiums, Costco only offers one insurance option for each type of vacation.

International vacation packages

For vacation packages outside of the U.S., Costco members can choose an international travel policy. These policies generally offer the highest coverage limits and are designed for trips to all eligible countries around the world.

Domestic vacation packages

Travelers staying within the U.S. can get a travel insurance policy from Costco to cover their trip. Coverage limits are substantial enough to cover most domestic travel needs.

Cruises

Whether your cruise is within the U.S. or visiting destinations abroad, cruise travel insurance protects you and your finances. A cruise insurance policy from Costco Travel covers all of your trip, not just the actual cruise.

Rental cars

Instead of buying expensive travel insurance from a rental car company, Costco trip insurance offers coverage to protect your rental car. It covers damage to the rental vehicle and post-departure trip interruption benefits. Rental car protection covers up to the actual cash value of the car. Additionally, it covers rental charges imposed while the car is being repaired.

This coverage is primary, which means that your personal auto insurance is not involved if there are any claims. However, it does not cover injuries or damage to other property.

Many travel credit cards include similar coverage and benefits. You should consider skipping this coverage if your credit card includes complimentary rental car protection.

Upgrade options

When buying your policy, there are two upgrade options to increase your benefits.

  • Cancel For Any Reason: When you cancel at least three days before departure, you’ll receive up to 50% of your insured trip cost (maximum trip cost of $10,000).

  • Rental Car Damage Upgrade: Protect your rental car against collision damage, vandalism, windstorm, hail, fire or flood. Coverage is up to $50,000.

Comparison of Costco travel insurance plans

This chart highlights the coverage limits and benefits you’ll receive from the different Costco travel insurance plans.

Domestic

International

Cruise

Rental Car

Trip cancellation

Up to 100% of trip cost (max of $100,000).

Up to 100% of trip cost (max of $100,000).

Up to 100% of trip cost (max of $100,000).

N/A.

Trip interruption

Up to 150% of trip cost (max of $150,000).

Up to 150% of trip cost (max of $150,000).

Up to 150% of trip cost (max of $150,000).

Up to 100% of trip cost (max of $100).

Return air only benefit

$1,000.

$1,000.

$1,000.

N/A.

Travel companion hospitalization

$250 per day.

$250 per day.

$250 per day.

N/A.

Travel delay

$2,000 ($200 per day).

$2,000 ($200 per day).

$2,000 ($200 per day).

N/A.

Lost baggage

$1,000 ($500 per item).

$3,000 ($500 per item).

$3,000 ($500 per item).

N/A.

Baggage delay

$200.

$200.

$200.

N/A.

Cancel For Any Reason

Up to 50% of trip cost (max of $10,000).

Up to 50% of trip cost (max of $10,000).

Up to 50% of trip cost (max of $10,000).

N/A.

Missed connections for air and cruises only benefit

$1,000.

$1,500.

$1,500.

N/A.

Rental car damage

$50,000.

$50,000.

$50,000.

$50,000.

Emergency evacuation and repatriation

$500,000.

$1,000,000.

$1,000,000.

N/A.

Emergency medical expense

$100,000.

$200,000.

$200,000.

N/A.

Hospital admission guarantee

N/A.

$15,000.

$15,000.

N/A.

Emergency dental expense

$1,000.

$1,000.

$1,000.

N/A.

Common carrier accidental death

$50,000.

$50,000.

$50,000.

N/A.

Accidental dismemberment

$50,000.

$50,000.

$50,000.

N/A.

How much does Costco travel insurance cost?

The price for travel insurance policies varies based on your destination, trip length, where you live and how much you spend per person. To lower your insurance premium, only include the prepaid, nonrefundable portion of your trip.

In this chart, you’ll find sample quotes for different types of trips. The scenarios vary by destination, length of trip and cost to highlight how premiums can change.

Policy type

Destination

Length of trip

Trip cost

Premium

International

Spain.

10 days.

$6,000.

$300.

International

Spain.

30 days.

$20,000.

$1,000.

Domestic

U.S.

7 days.

$6,000.

$270.

Domestic

U.S.

20 days.

$20,000.

$900.

Cruise

U.S

7 days.

$10,000.

$500.

Rental car

U.S.

7 days.

N/A.

$44.

Rental car

U.S.

30 days.

N/A.

$170.50.

* Quoted rates as of July 2023.

When pricing out vacation package travel insurance, the primary factor in determining the premium is the covered amount. In these scenarios, a domestic trip offered a 10% discount compared to an international trip with the same trip cost. The length of the trip did not affect premiums, except when buying rental car coverage.

Which Costco travel insurance plan is best for me?

Since Costco travel insurance doesn’t offer different levels of coverage, the best policy for you depends on what type of vacation you’re planning. Travel insurance from Costco has one level of benefits and coverage limits for all members.

What isn’t covered by Costco travel insurance?

Travel insurance offers numerous protections that cover you, your travel companions and your nonrefundable, prepaid reservations. Before buying your policy, it’s important to understand what isn’t covered.

  • Pre-existing conditions. Injuries and illnesses that travelers already had before buying their policies are generally excluded from travel insurance. You may be eligible for a waiver of this exclusion, depending on your policy and travel details, as long as you buy coverage within 21 days of your initial trip payment.

  • Refundable reservations. Reservations that you can cancel and get a refund for are not covered. Simply contact the airline, hotel or other travel provider and cancel directly with them.

  • High-risk activities. Activities that take an unreasonable amount of risk of injury or death, like bungee jumping or parachuting, are excluded.

  • Intentional acts. Injuries, illness or losses resulting from self-inflicted actions, like drug use, intoxication or self-harm, are not covered.

  • Specifically designated events. Natural disasters, war, epidemics and similar events are excluded.

Is Costco travel insurance worth it?

While many travelers rely on their credit card travel insurance benefits, buying a separate travel insurance policy can be worth it.

Costco travel insurance offers higher coverage limits than what’s available through your credit card. The policies are reasonably priced, and you can easily get a free quote online in minutes.

If you’re ready to purchase, you can buy your policy online without speaking to an agent.

Frequently asked questions

Costco is known for selling a variety of products and services at discounted prices. Like many of its services, Costco travel insurance is also sold through an established partner. Cover-More, a division of Zurich North America, issues all policies and is backed by Zurich Insurance Group, which has an A+ rating by A.M. Best and AA- rating from Standard and Poor’s.

Yes, travel insurance is available to all Costco members for any of your vacations. It is available whether you booked through Costco, directly with airlines or hotels, with a travel agent or through an online travel agency. Costco members receive preferred rates on Zurich products and services.

Yes, you can buy travel insurance from Costco online. Visit the Costco Travel website, then select the type of policy you want to buy. Enter basic trip details, including your destination, travel dates, your state of residence and how much you’re spending per traveler, to receive a quote. Select your policy and complete your payment to buy your insurance.


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You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024, including those best for:

Cards for Travel Insurance from our Partners
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