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4 Ways to save money on travel insurance 

So, you’re planning a vacation and excited about the new places you will explore. While budgeting for plane tickets, meals and excursions, remember to pencil in travel insurance to your trip finances. You’ll want to make sure you’re protected in case of an emergency, unexpected illness or injury, or trip disruption. 

To help you prepare for your next trip, CAA experts share how you can save money on travel insurance. 

Multi-trip travel insurance plan

If you’re a frequent traveller with several upcoming trips, getting an annual travel insurance plan is a good idea rather than purchasing a policy every time you go. It’s a great time saver, as you won’t need to sign up for a new policy before each trip. 

But that isn’t all. A CAA multi-trip plan can save you money by providing medical coverage for unlimited trips in a year for a single premium. What that means for you is the more you travel, the more you save.   

Multi generation family sightseeing beautiful town of Valldemossa, Majorca, Spain
Imgorthand | iStock

CAA Member travel discounts

As a CAA Member, you can get exclusive travel deals and save on travel insurance. When purchasing CAA Travel Insurance online, provide your CAA card number to save up to 20%1 on your insurance premium. 


Deductibles reduce the cost of your home and auto insurance. But did you know they are available with travel insurance?  

Deductibles regulate the amount the insurer is required to pay if a claim is made and can vary from insurer to insurer. When shopping for travel insurance policies, check the list of voluntary deductible limits to see if you’re able to reduce the policy premiums.  

The higher the amount, the greater the discount on the premium. So, adding a deductible is especially advantageous for people paying high premiums, such as those staying abroad for months at a time. 

Emergency medical CAA Travel Insurance policies offer a range of deductibles to help provide the coverage that’s right for you. 

Know what you're already covered for (and what you aren't)

If you have travel insurance through group benefits, you may have some of the coverage you need. But it’s always a good idea to double-check your policy for gaps (like trip cancellation and interruption insurance). 

tourist couple making selfie in the municipal market

Ready to save on travel insurance for your next trip?

No matter where you choose to travel, stay protected from unexpected travel surprises with travel insurance. CAA Travel Consultants can get the right travel insurance for your needs that protect you and your wallet. 

CAA Travel Insurance is underwritten by Orion Travel Insurance Company, a CAA Company. Certain exclusions, limitations and restrictions apply. Subject to change without notice. A Medical Questionnaire is required if you are 60 years of age and older. Quotes are valid for 30 days. 

  1. Applies to CAA Members in good standing (CAA Membership dues paid in full by Membership expiry date). Up to twenty percent (20%) savings applies to the total premium excluding applicable taxes. Minimum premium applies. Subject to change without notice. Excludes Visitors to Canada Insurance. CAA Everyday, Classic®, and Plus® Members save 10%. CAA Premier® Members save 20% at CAA Stores or by calling 1-800-267-8713. CAA Premier Members save 10% and earn 10% in CAA Dollars® when booking online. 

®CAA trademarks are owned by, and use is authorized by, the Canadian Automobile Association. 

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