Brocker.Org: Do you need travel insurance? Four questions to help you decide

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Dig into the details to make sure a policy would offer the coverage you want. Broadly speaking, you have two choices: named exclusion (which covers a limited range of events and scenarios), and cancel-for-any-reason coverage (which, true to its name, offers broad coverage). The former generally runs 5 to 7 percent of the cost of your trip, and the latter, 8 to 10 percent, Elliott said.

“Named exclusion is a little more risky,” he said, with big variations in what’s covered and when.

Say you’re worried about hurricane season, which runs from June 1 through Nov. 30. One policy might allow you to cancel your trip as soon as there’s an official storm warning in effect for your destination, while another may require a bigger impact like a delayed flight, said Steven Benna, a spokesman for comparison site Squaremouth. You won’t be covered at all if the storm threatening your trip is named before you buy a policy.

Keep in mind that unless you get a cancel-for-any-reason policy, fear of travel — say, because you’re worried about recent terrorist attacks or that you might contract a disease like Zika at your destination — typically isn’t covered.

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