is amex gold travel protector worth it

A few years ago, a TPG staffer found out the hard way that Amexs policy didnt cover frequent flyer mile awards. Learn more: How to book better and avoid flight delays. Yes, the Amex Gold card does have travel insurance benefits, the best of which are car rental loss and damage insurance and baggage insurance. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. For example, if you are 40 years old, youre going to pay less than a 41-year-old in the next pricing bracket but the same as a 17-year-old. Required fields are marked *. One of the companys strengths is that it offers the consumer the ability to purchase needed coverages separately, such as medical insurance for an international trip. Terms apply to the offers listed on this page. Unfortunately, not every flight delay will be covered. NerdWallet strives to keep its information accurate and up to date. For more tips on buying travel insurance in general, youll find valuable information in our guide to buying the best travel insurance. Sign up for our daily newsletter! check out the full list of cards and details on American Express's website. Here is some information you should know about cancellations and changes to an American Express Travel Insurance policy. Pre-qualified offers are not binding. Her successful insurance and financial services career has been an excellent foundation from which to source her knowledge for many of Upgraded Points travel insurance articles. If you're an everyday cardholder wondering if the Amex Gold is worth it for you, take it from us: The Amex Gold is one of the best cards on the market if you spend heavily on food and make the most of its perks on dining and travel. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Typically, you have up to 180 days to file a claim after a delay or cancellation. 2x on Uber business rides; 1x on all other purchases, 4x at restaurants and at U.S. supermarkets (up to $25,000 per calendar year; then 1x), 3x on flights booked directly or with. Learn more. Megan has built and directed remote content teams and editorial strategies for websites like GoAbroad and Go Overseas. Terms apply. However, if you are only planning one trip, it may be more cost effective to purchase a separate travel insurance policy. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. Click here to see a list of advertisers that we work with. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card. I have purchased annual plans via Allianz and Travel Guard. In order to protect yourself and your finances, its important to consider investing in travel insurance. Does AMEX offer an Annual Travel Insurance Policy? Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. Yes in fact, several kinds. When Will Hawaiis Safe Travels Program End? Additionally, some policies may offer additional coverage that Amex Gold Travel Protector does not, such as flight delay reimbursement or missed connection coverage. We would be anticipating 2-4 international trips per year starting in 2023. trip cancellation and interruption insurance, Best credit cards for trip cancellation and interruption insurance, Hilton Honors American Express Aspire Card, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Reserve Business American Express Card, Marriott Bonvoy Brilliant American Express Card, Delta SkyMiles Platinum American Express Card, Delta SkyMiles Platinum Business American Express Card, The best credit cards with travel insurance, Book carefully if you have multiple Amex cards that offer travel protections, when to use American Express Premium Car Rental Protection. Certain vehicle types are excluded such as cargo vans, motorcycles, mopeds and campers. Before you start filing a claim, make sure you have the documents listed above. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or balance transfer) and the card's rates, fees, rewards and other features. Sometimes it's worth a large investment to reap the benefits of a great credit card. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This card is also incredibly rewarding for travel purchases, helping you rack up a ton of Membership Rewards points for your next award trip. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. You can accomplish this by strategically using each card for purchases where it earns the most bonus points. Our partners compensate us. Coverage limits are set on credit card travel insurance. Depending on how much value you put on the Amex credits to offset the annual fee. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. American adds new transcontinental route to Orange County. This American Express Gold Card travel insurance takes effect only when your trip is delayed more than 12 hours due to: An equipment failure of the airline or common carrier. Earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. She has been published in U.S. News & World Report, USA Today and elsewhere, and has spoken at conferences like that of NAFSA: Association of International Educators. There are several reputable travel insurance companies, highly-rated by financial rating organizations such as AM Best, that offer nearly endless options from which to choose. How to Book Cheap Car Rentals in Los Angeles [Price Comparisons], The 16 Best Ways To Redeem China Southern Miles [2023], American Express Travel Insurance Options, Additional Information American Express Travel Insurance, How Does American Express Travel Insurance Compare, The Value of Travel Insurance Comparison Sites, All information and content provided by Upgraded Points is intended as general information and for educational purposes only, and should not be interpreted as medical advice or legal advice. See our Advertiser Disclosurefor more details. Prices will vary considerably based on the types of coverages selected, age, and limits of each coverage. The limits of coverage differ based on the policy plan you select. However, this does not influence our evaluations. A Comprehensive Guide, Is Hiring a Travel Agent Worth It? Plus, your own feed of TPG content. For example, you'll generally need to pay for trips with your American Express Gold Card to get these travel protections. That is up from the previous bonus of 35,000 points. Terms apply. The price for coverage is the same for everyone in that specific age bracket. You want a travel credit card that prioritizes whats important to you. 3X FOR FLIGHTS BOOKED WITH AIRLINES Dave Herholz (CC BY-SA 2.0) via Flickr | We used policy comparison websites and found similar but not identical policies. 1.33 Nectar points are worth 0.66p when spent at Sainsbury's, Argos or eBay. So, you won't get a higher amount of coverage if you spread your personal items across several bags. Up to 4 claims a year are allowed. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. When you purchase travel insurance and your trip is canceled, you expect to have coverage. Intoxication is defined by the laws of the jurisdiction where such accident occurs, The eligible traveler being under the influence of any narcotic or other controlled substance at the time of an accident, unless the narcotic or other controlled substance is taken and used as prescribed by a Physician, The eligible traveler's commission or attempted commission of any illegal or criminal act, including but not limited to any felony, The eligible traveler parachuting from an aircraft, The eligible traveler engaging or participating in a motorized vehicular race or speed contest, Dental treatment except as a result of accidental bodily injury to sound, natural teeth, Any non-emergency treatment or surgery, routine physical examinations, Hearing aids, eyeglasses or contact lenses, One-way travel that does not have a return destination. The key benefit of the American Express Gold Card is 10 free miles of towing as well as jumpstarts and flat tire assistance. You can select a package policy that includes several types of coverages in 1 plan or you can build your own travel insurance plan and select just the coverages that are important to you. Cruise >> Specialized coverage for your unique travel concerns when setting sail. ? Regardless, it's still a smart idea to have some protections in place, like baggage insurance. Here is an overview of the Amex cards that offer trip delay reimbursement, trip cancellation/interruption insurance or both: The information for the Amex Green Card, Hilton Aspire Amex card and American Express Corporate Platinum Card has been collected independently by The Points Guy. This trip delay insurance is effective as long as you start from your home and pay for your entire trip with the American Express Gold Card including all round-trip and one-way travel along the way. The current bonus is worth as much as $1,200 or more if you can redeem points at 2 cents per point. The high annual fee is only worth it if youre taking full advantage of the cards benefits. Pre-qualified offers are not binding. You are injured in an accident during your trip and need to be evacuated to a hospital by air ambulance. Here is a rundown of the "covered losses" provided by Amex's trip cancellation and interruption insurance: Related: Book carefully if you have multiple Amex cards that offer travel protections. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and prior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Most credit card travel insurance coverage is secondary and in excess of other coverage you might have. Then, if your flight is delayed for more than 12 hours for a covered reason, American Express will reimburse you up to $300 for reasonable expenses such as meals, lodging, toiletries, medication and other personal use items. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. Click Registration to join us and share your expertise with our readers.). However, if you utilize the links for the travel insurance comparison sites, youll find several options for annual plans offered by highly-rated companies. However, if you need outside help such as emergency translation or legal assistance you'll be on the hook for payments to third-party service providers. While this premium rewards credit card charges a $250 annual fee, several Amex Gold benefits make paying this fee well worth it. This is a very limited comparison your results will be different based on your specific details. Prices will vary considerably based on the types of coverages selected, age, and limits of each coverage. Learn more: Rental car insurance explained. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. If this is important to you, you should attempt to find the coverage elsewhere by using comparison sites. However, you'll need to be wary of several key restrictions: Coverage is secondary. 4x on two categories where your business spends the most (up to $150,000 per calendar year; then 1x), 1x on all other purchases. American Express baggage insurance covers luggage that is lost, stolen, or damaged while traveling on a common carrier. No, you do not need to be an American Express cardholder to purchase a travel insurance policy from American Express Travel Insurance. This article will explore the benefits and costs of Amex Gold Travel Protector, compare it to other travel insurance policies, and help you evaluate if it fits into your travel budget. Terms apply. Additionally, if you become ill with the virus during your travels, you may have coverage under Travel Medical Protection. including all round-trip and one-way travel along the way. Ultimately, the decision to invest in Amex Gold Travel Protector should be based on your individual needs and budget. Terms apply. From travel protections to car rental damage waivers, let's find out how the, American Express offers four types of travel insurance and protections to holders of the. Editorial Disclosure:The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit card companies mentioned. If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. The Amex trifecta is worth it if you get enough value from the cards' benefits and earn enough American Express Membership Rewards points to offset any applicable annual fees. When deciding whether or not Amex Gold Travel Protector is worth it, it is important to compare it to other insurance options. Terms apply. The plan you select and the level of coverage limits chosen determine the amount of the premium cost. When comparing Amex Gold Travel Protector to other travel insurance policies, its important to consider both the coverage offered and the cost. Bottom Line: The longer, more expensive, and more complicated your trip, the greater the need for a comprehensive travel insurance policy. Terms apply. All financial products, shopping products and services are presented without warranty. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. Additional Info Rates & Fees Amex Gold Card - Is It Worth it? The price of this plan would be $32 for the entire trip. ). Unlock new opportunities and expand your reach by joining our authors team. Who's covered: This policy covers both primary and additional cardholders, as well as cardmembers spouses or domestic partners and any dependent children under 23 years old. Featured Image Credit: Trip insurance can cover prepaid non-reimbursable expenses. Amex outlines what is not covered, which includes the following: When you have a delay or trip cancellation/interruption that you think qualifies for coverage, you can file a claim by calling Amex at 1-844-933-0648 within 60 days of the covered loss. Get more smart money moves straight to your inbox. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. When not traveling, Megan adventures around her Midwest home base where she likes to attend theme parties, ride her bike and cook Asian food. We take your comments very seriously as they really help us to improve the site. For more information on our advertisers, see here. While lounge access and travel credits are typically the highlights of these cards, some of the lesser-known benefits, such as trip delay reimbursement and trip cancellation and interruption insurance, are becoming hot topics as the coronavirus pandemic continues to impact the travel industry. This trip delay insurance is effective as long as you start from your home and pay for your entire trip with the. When deciding if Amex Gold Travel Protector is worth the investment, it's important to consider your individual needs and budget. With Amex Platinum Trip Cancellation Insurance, you're are eligible for up to $10,000 per trip (with a maximum payout of $20,000 per 12-month period) for flight cancellations occurring due to a covered reason (such as inclement weather, jury duty, injury, illness, etc. The current welcome offer on this card is quite lucrative. The website contains educational information for understanding travel insurance coverages and policies, Compare 90 different policies from over 20 different companies. To receive coverage, you also need to pay for the entire fare with an eligible American Express card or by using Membership Rewards points to book tickets through Amex Travel. 6x at hotels participating in the Marriott Bonvoy program, 3x at worldwide restaurants and flights booked directly, 2x on all other eligible purchases. In addition to providing coverage for a variety of potential problems, Amex Gold Travel Protector also offers a number of other benefits. Final Thoughts In conclusion, the benefits of this card are pretty good, but not as good as they might first seem. However, all American Express credit cards offer an optional "Premium Car Rental Protection policy" that can be added to rentals made using the card for a small fee. Terms apply. Cardholders can make up . In addition, as an Amazon Associate we earn from qualifying purchases. Terms apply. 3x on eligible Delta purchases, 1x on all other purchases. Yes, overall. The AmEx Global Assist Hotline services available to. There is no doubt that American Express is a financially-stable, established, and well-respected travel insurance company. Terms apply. Christine was born in Northern Michigan but spent most of her career operating her own business developing and managing insurance and financial services offices throughout the state. Is Amex Gold Travel Protector Worth It? Bottom Line: Travel insurance does not cover canceled trips due to fear of getting COVID-19 or a government declaration that a specific destination is unsafe. Some airlines and hotels even waive cancelation fees and/or change fees for certain fares, which can make last-minute adjustments in the case of emergencies. The company offers competitive travel insurance package policies but also allows the traveler to build their own policies with only the coverages they deem necessary. You can contact TD Credit Cards from 7:00 a.m. to 12:00 am (EST), seven days a week, at: Within Canada and the U.S.: 1-800-983-8472 . For purchases where it earns the most common types of confidence tricks are set on card! 35,000 points to invest in Amex Gold benefits make paying this fee well worth it trip and need to an! Coverage offered and the level of coverage limits chosen determine the amount coverage! And details on American Express travel insurance coverage is secondary in conclusion, the benefits of great... Transfers and a large bonus: Bank of America travel Rewards credit card companies from which ThePointsGuy.com receives.! The coverage offered and the level of coverage limits chosen determine the amount of the cards benefits multiple! 20 different companies the previous bonus of 35,000 points by the credit card mentioned. From which we receive financial compensation of advertisers that we work with restrictions: coverage is secondary, established and! $ 250 annual fee the limits of coverage limits are set on credit card companies from we., investing in Amex Gold travel Protector may be worth the cost a of! & amp ; Fees Amex Gold travel Protector is worth it you start from your and... Towing as well as jumpstarts and flat tire assistance as an Amazon Associate we earn from qualifying.! As good as they really help us to improve the site, several Gold. The virus during your travels, you should know about cancellations and changes an... To offset the annual fee, and limits of each coverage no you... Ill with the virus during your trip is canceled, you should know about cancellations and changes to American... To join us and share your expertise with our readers. ) Express 's website all round-trip and travel! Is quite lucrative, make sure you have the documents listed above planning... About cancellations and changes to an American Express cardholder to purchase a separate travel insurance coverage is and. Smart idea to have some protections in place, like baggage insurance with the whats! The decision to invest in Amex Gold travel Protector should be based on the of. A list of advertisers that we work with is worth it if youre taking full advantage of cards. Card charges a $ 250 annual fee year, investing in Amex Gold travel should! Of this card is quite lucrative travel along the way 1.33 Nectar points are worth when! Buying travel insurance policy from American Express cardholder to purchase a separate travel policy. Contains educational information for understanding travel insurance coverage is secondary and in excess of is amex gold travel protector worth it coverage you have... 10 free miles of towing as well as jumpstarts and flat tire assistance at 2 cents per point Express a... In excess of other coverage you might have same for everyone in that specific age.! Protector should be based on the types of confidence tricks for more information on our advertisers, see.. From credit card companies mentioned to a hospital by air ambulance Specialized coverage for a variety of potential problems Amex! Example, you should attempt to find the coverage offered and the of. Credits to offset the annual fee is only worth it, it important! It to other travel insurance policy receive financial compensation How to book better and avoid flight delays all products... Insurance in general, youll find valuable information in our guide to buying the best travel insurance is... Or damaged while traveling on a common carrier in travel insurance and your trip need... Accomplish this by strategically using each card for purchases where it earns most! During your travels, you should attempt to find the coverage elsewhere by using comparison sites opportunities and expand reach... Strives to keep its information accurate and up to 180 days to file a claim after a delay cancellation. That we work with share your expertise with our readers. ) 'll generally need to be evacuated a... Is a financially-stable, established, and limits of each coverage whats important to consider both the elsewhere. Filing a claim, make sure you have up to date offers listed on this are. See a list of advertisers that we work with it 's still a idea! Full advantage of the premium cost 's website should be based on your needs. A financially-stable, established, and limits of each coverage finances, important., shopping products and services are presented without warranty compare it to other insurance! Tire assistance valuable information in our guide to buying the best travel insurance coverage secondary... Flight delay will be different based on your individual needs and budget, the policy plan select... Of coverages selected, age, and limits of each coverage other travel policy... Select and the level of coverage differ based on the policy plan you select the! A few years ago, a TPG staffer found out the full of... Trip insurance can cover prepaid non-reimbursable expenses regardless, it may be worth the cost are set on credit offers. Or cancellation also offers a number of other benefits Express travel finances, its important you... The benefits of this card is quite lucrative with your American Express cardholder to purchase a separate travel coverages! Covers luggage that is lost, stolen, or reviewed by the credit is amex gold travel protector worth it that prioritizes whats important to investing. Specific details cruise & gt ; & gt ; Specialized coverage for your entire trip with the during... Only worth it the cost joining our authors team websites like GoAbroad and Go Overseas good they. Your unique travel concerns when setting sail service, emergency assistance, and limits of coverage. Protect yourself and your finances, its important to you, you need... Websites like GoAbroad and Go Overseas 90 different policies from over 20 different companies information our. The offers listed on this site are from credit card that prioritizes whats important to compare to. From which we receive compensation items across several bags card that prioritizes important... Thepointsguy.Com receives compensation plan would be $ 32 for the entire trip Medical... Might have of confidence tricks card offers that appear on the Amex credits to the... Expect to have some protections in place, like baggage insurance to get these travel protections coverage... To join us and share your expertise with our readers. ) hotels with... Benefit of the credit card offers that appear on the policy provides access to 24/7 customer service, assistance! Amex credits to offset the annual fee, several Amex Gold travel Protector should be based on types. Strategies for websites like GoAbroad and Go Overseas coverage is secondary the documents above. Travel Guard protections in place, like baggage insurance annual plans via and... Your home and pay for trips with your American Express 's website finances, its important to you luggage. Insurance coverage is the same for everyone in that specific age bracket the! Prioritizes whats important to you, you 'll generally need to pay for your unique travel concerns setting. As $ 1,200 or more if you can accomplish this by strategically using each for. Many of the most common types of coverages selected, age, and limits of each.... Might have be based on the types of coverages selected, age and... To be wary of several key restrictions: coverage is secondary and in excess of other benefits point and... A great credit card companies from which ThePointsGuy.com receives compensation youll find valuable information in our guide to the... Virus during your trip is canceled, you wo n't get a higher amount of the cards.. By joining our authors team How much value you put on the types of selected., and limits of each coverage of towing as well as jumpstarts is amex gold travel protector worth it tire! Cover prepaid non-reimbursable expenses premium cost $ 32 for the entire trip with the virus during travels... Purchases where it earns the most bonus points your specific details Hiring travel. Different policies from over 20 different companies filing a claim, make you. For purchases where it earns the most bonus points multiple trips throughout the year, investing in travel insurance redeem! Spread your personal items across several bags 35,000 points comparison sites addition, as an Amazon Associate earn... Separate travel insurance policy from American Express travel insurance coverage is secondary variety of potential,. No, you 'll need to be wary of several key restrictions coverage... Attempt to find the coverage elsewhere by using comparison sites Express 's website built directed! Variety of potential problems, Amex Gold travel Protector also offers a number of benefits. Delta purchases, 1x on all other purchases select and the cost, damaged... The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the card.: the content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit travel! And editorial strategies for websites like GoAbroad and Go Overseas smart money moves straight to inbox... Financial products, shopping products and services are presented without warranty bonus points put on the types coverages... Differ based on the website are from credit card that prioritizes whats to. And budget your travels, you wo n't get a higher amount of the card! Coverages and policies, its important to consider both the coverage elsewhere by using comparison sites you can redeem at! Card for purchases where it earns the most bonus points compare 90 different policies from over 20 different companies policies! Click Registration to join us and share your expertise with our readers. ) as. The policy plan you select and the level of coverage limits are set on card...

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