The American Express Gold Card is best known for its dining, grocery and rideshare perks. Consider the type of coverage offered, the cost of the policy, and any additional benefits provided by the policy. Related: The best credit cards with travel insurance. Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. I was unable to find an annual travel insurance policy option for U.S. citizens offered by American Express. Disclaimer: NerdWallet strives to keep its information accurate and up to date. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. This site does not include all credit card companies or all available credit card offers. It will NOT be published. It has relevant bonus . Could be worth it. Here are some of the most popular, easy-to-use comparison sites that only feature highly financially-rated travel insurance companies. Additionally, its imperative that if youre worried about having medical coverage while traveling, youd want to purchase a travel insurance policy that provides medical coverage. as your travel assistant. 3x on all travel and at restaurants worldwide. American Express premium credit cards offer some of the best perks in the credit card space. Blue from American Express. Anyone know more about the GTP coverage? After working as a tax accountant for a decade, JT turned his analytical skills to points, miles and credit cards. Based on dozens of quotes obtained, pricing brackets were determined to be as follows: Knowing this upfront can help you determine if youre at the beginning of the highest price bracket or the end. Breeze through security with CLEAR lanes available at 100+ airports, stadiums, and entertainment venues and get up to $189 back per calendar year on your membership when you use your Card. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. He published over 2,000 articles on The Points Guy before becoming a freelance writer. Credit card travel insurance is administered by a third party, not by the issuing financial institution, thus making the claims process potentially redundant and complicated. Seldom travelers may not get enough value to warrant the cost. Keep in mind that a provider may ask for additional documentation related to the incident, so you may have to collect receipts and other forms to help your case. Prices will vary considerably based on the types of coverages selected, age, and limits of each coverage. 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. In order to protect yourself and your finances, its important to consider investing in travel insurance. 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. Here, we will take a look at the pros and cons of Amex Gold Travel Protector. The Amex Gold comes. American Express Trip Cancel Guard The flexibility to change your mind. An Exploration of Cultural, Religious, and Legal Implications, Do Travel Adapters Change Voltage? In addition, as an Amazon Associate we earn from qualifying purchases. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This influences which products we write about and where and how the product appears on a page. purchasing travel insurance in your 60s, 70s, and beyond, The 7 Best Cards for Travel Insurance Coverage and Protection [2023]. One downside, especially in todays environment, is that American Express Travel Insurance does not sell CFAR insurance. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Here, we will take a look at some of the ways you can save money with Amex Gold Travel Protector. Rent a car with your. Travel insurance can help you avoid losing the investment you made when booking your trip, reimburse you for covered expenses should your trip be disrupted due to a covered event, or pay for emergency medical services. Terms apply. Trip delay insurance reimburses expenses when your travel plans are delayed by more than 12 hours. 3x on eligible Delta purchases, 1x on all other purchases. Learn more: How to book better and avoid flight delays. Finally, there are potential savings available through bundling the policy with other services or through discounts offered by certain credit cards. Most credit card travel insurance coverage is secondary and in excess of other coverage you might have. Terms apply. Terms and conditions apply. For more tips on buying travel insurance in general, youll find valuable information in our guide to buying the best travel insurance. Learn more: How to file travel insurance claims. Related: Everything you need to know about Amex's baggage insurance plan. Here is a list of our partners. Reach out to Alaska Airlines customer care at 1-800-654-5669. The AmEx Global Assist Hotline services available to. Because travel insurance is widely available and quite competitive, you may find drastic differences in the price youll pay between companies and policy offerings. Your email address will not be published. American Express baggage insurance covers luggage that is lost, stolen, or damaged while traveling on a common carrier. When evaluating whether or not Amex Gold Travel Protector is worth it, the most important factors to consider are the types of coverage offered and the cost of the policy. I'll use the Delta SkyMiles Reserve as an example. NerdWallet strives to keep its information accurate and up to date. We may be compensated when you click on links from one or more of our advertising partners. Here are a few situations where travel insurance could cover your loss: Whether you should purchase travel insurance or not is a personal decision. Outside of the current welcome bonus, youre only earning higher rewards on specific airfare and hotel purchases, so its not a great card for other spending categories. There is also no coverage for canceling a trip due to a U.S. State Department announcement warning of COVID-19 in a particular area. If losing your trip investment or having to pay for extra expenses if the trip is disrupted makes you uncomfortable or would present a financial burden, then you should purchase a comprehensive travel insurance policy. 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. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. We may receive compensation when you click on links to those products. The Amex Gold is a valuable option for U.S.-based customers who spend heavily on dining and groceries at U.S. supermarkets and are looking for an in-between, "premium-lite" card that offers good returns without a hefty price tag. Court subpoenas, orders to report for active duty, physician orders, etc. Read our guide on when to use American Express Premium Car Rental Protection for more details on this coverage option. and decline the rental company's collision damage waiver product. Required fields are marked *. You or a covered family member become ill and you must cancel your trip. Find the right card for you. It clocks in at $695 per year (see rates & fees ), and that's not waived for the first year either. Lost or stolen passports or travel documents. Policies are designed to cover disruption due to the reasons listed in the policy you purchased. The price for coverage is the same for everyone in that specific age bracket. Trip insurance can cover prepaid non-reimbursable expenses. This post contains references to products from one or more of our advertisers. American Express Travel Insurance is backed by AMEX Assurance Company which is highly-rated, established, and reputable. These complimentary coverages are useful and can offer more than adequate coverage for most trips. The first policy above with Assistance USA for $77, for example, has coverages similar to the Silver Amex plan which has a premium of $133. How Much Are Travel Points and Miles Worth in 2023? Once COVID-19 was declared a pandemic, it became a known event and therefore is not covered on travel insurance policies. And it's not just the cardmember's bags that are covered. 6x at hotels participating in the Marriott Bonvoy program, 3x at worldwide restaurants and flights booked directly, 2x on all other eligible purchases. The Points Guy, Forbes Advisor, AwardWallet, LendingTree. Regardless, it's still a smart idea to have some protections in place, like baggage insurance. 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. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Assigning Editor | Travel, SEO, Travel Loyalty Programs. This bonus value is an estimated valuation. members aren't as comprehensive as what you'll get on other premium AmEx cards. When youre covered: To be eligible for coverage, you have to travel on a common carrier, which Amex defines as any air, land or water vehicle (other than a personal or rental vehicle) that is licensed to carry passengers for hire and available to the public. I wrote this lengthy article on what American Express Membership Rewards points are worth. You may also have coverage if you become ill due to COVID-19 during your travels. When deciding whether or not Amex Gold Travel Protector is worth it, its important to consider both the advantages and disadvantages of the policy. You want a travel credit card that prioritizes whats important to you. $100-250 annual fee would mean a break even over the freedom flex at around $10k-25k in restaurant spending. JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. Terms apply. The card details on this page have not been reviewed or provided by the card issuer. Here are our picks for the. American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. This information may be different than what you see when you visit a financial institution, service provider or specific products site. However, if you are only planning one trip, it may be more cost effective to purchase a separate travel insurance policy. Pre-qualified offers are not binding. This benefit can quite literally be a lifesaver if you or an immediate family member run into any unexpected issues or accident on your trip. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway. You want a travel credit card that prioritizes whats important to you. This could be a huge plus if you are not interested in duplicating credit card travel insurance coverages or in having just secondary or excess coverage. Terms apply. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. NerdWallet's ratings are determined by our editorial team. Yes, the Amex Gold card does have travel insurance benefits, the best of which are car rental loss and damage insurance and baggage insurance. 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. Terms apply. You can find the full terms and conditions of what is generally covered on your respective card in your Guide to Benefits, which can be found through your online account. This trip delay insurance kicks in when you pay for a trip with your, Unfortunately, not every flight delay will be covered. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Travel insurance policies can offer higher limit options. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. We used policy comparison websites and found similar but not identical policies. Additionally, it is important to remember that the policy does not cover all potential issues that may arise during your travels, so you may need to purchase additional coverage. Be sure to include the names of everyone in your party, flight confirmation number, flight numbers, travel dates and your contact information. Perhaps, for example, you have a need for just medical coverage while traveling abroad. TPG has a guide of the best American Express cards, but here are some of the best cards in terms of the return you could receive when renting a car. Our partners compensate us. We've crunched the numbers and come to the conclusion it can easily be worth that $250 annual fee. Then, AmEx will automatically reimburse up to $50,000 in damage or theft for most rentals up to 30 days in length. American Express Travel Insurance offers 4 levels of travel insurance package policy plans a Basic Plan, Silver Plan, Gold Plan, and Platinum Plan. Image Credit: Upgraded Points to get secondary coverage of up to $50,000 for damage or theft. If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. Best Credit Cards for Rental Car Insurance, Business Credit Cards for Advertising Purchases, Business Credit Cards for Shipping Purchases, Top Reasons to Get a Business Credit Card, How to Apply For a Small Business Credit Card, Maximize Rewards From Your Business Purchases, Comparing Top 3 Chase Business Credit Cards, Tourist Visa Requirements for U.S. Citizens, How to Cancel an American Airlines Flight, TSA PreCheck Everything You Need to Know, Chicago OHare International Airport [ORD], Best Websites for Booking Affordable Hotels, Best Hilton Luxury Hotels to Book With Points, Guide to Hotel Status Matches and Challenges, Best Marriott Luxury Hotels to Book With Points, Best Ways to Redeem Marriott Points for Hotels, Best IHG Luxury Hotels to Book With Points, Marriott Bonvoy Hotel Loyalty Program Review, offered complimentary on most credit cards, our guide to buying the best travel insurance. 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. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Quick Points: Use Virgin Atlantic's new calendar search feature to find Delta partner award space. 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. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. What is Delta Air Lines elite status worth in 2023? Terms apply. 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. 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. American adds new transcontinental route to Orange County. 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. For more information, see ourMedical & Legal Disclaimers. These items include jewelry, sporting equipment, photographic or electronic equipment, computers and audio/visual equipment. Here, we will take a closer look at the coverage offered by Amex Gold Travel Protector. Even with a steep annual fee, you'll get excellent dining and travel perks that can help make up for the cost. 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. It is designed for people with excellent credit and offers rewards, travel benefits, and other perks. 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. Do you have knowledge or insights to share? The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Does the American Express Gold Card have travel insurance? Lets take a closer look at each of these elements. Read more. Before you start filing a claim, make sure you have the documents listed above. When you purchase travel insurance and your trip is canceled, you expect to have coverage. If you prepaid for your trip and cannot. Terms apply. 3x on eligible Delta purchases, 1.5x on purchases of $5,000 or more (up to 50,000 additional miles per calendar year), 1x on all other purchases. is not covered on travel insurance policies. I have a passion for learning and enjoy explaining complex concepts in a simple way. After Amex receives notice of your claim, instructions will be sent on how to send the proof. To activate this coverage, all you need to do is pay for the entire cost of the flight, train, bus or cruise with your, travel insurance protection covers cardmembers when they rent a car. If you want to make sure youre purchasing from an established company and have specific coverages youre more interested in than others, American Express Travel Insurance is a solid decision. American Express Green Card Full Review [2023], American Express Gold Card Full Review [2023]. Editorial Disclosure:The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit card companies mentioned. Think of AmEx Global Assist as your travel assistant. Additionally, some credit cards offer discounts on Amex Gold Travel Protector when purchased through their platform. You have the option to select just that coverage. Want more credit card news and advice from TPG? This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, at least $500 in assorted annual statement credits and so much more. 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