Some of the most common claims on LV=GI travel insurance are for cancellations and curtailment, as well as lost or stolen baggage/money, and accidental damage or injury to people or property.

UK holiday company Cottages.com has reported a 134-per-cent increase in 2021 bookings, in comparison to the same point in 2019 when Brits were booking for 2020; and recent LV=GI claims examples highlight the importance of purchasing travel Insurance as soon as you book, even when travelling in the UK.

One LV=GI policyholder, while on a photography holiday in North Devon, was taking pictures on the coast and by mistake dropped their camera and lens in the sea. Their travel insurance covered them for £500 towards a new camera. Another policyholder needed new accommodation in the Lake District, as rising water levels and flooding meant they couldn’t get back to their original accommodation after a day trip. The subsequent travel insurance claim paid out £400. Additionally, one customer had to cut short their four-day canal trip as the boat’s rudder was damaged – they were able to claim £488 for unused nights.

LV=GI travel insurance covers staycations

LV=GI travel insurance customers are covered for trips of 25 miles or more when staying away from home in pre-booked accommodation for a minimum of one night.

Martin Milliner, Claims Director at LV=GI, said: “Despite common misconceptions, even if you are holidaying in the UK, it’s still important to get travel insurance as soon as you book your trip. Some staycations can end up being as expensive as holidays abroad, particularly at the moment, so it’s important to prepare for the unexpected. 

“This could include your holiday being cancelled, your baggage being stolen, or your hotel going out of business. And if you get ill and you’re too unwell to get home, your travel insurance can help pay for additional travel or accommodation costs.”

Only 13 per cent of Brits would be keen to travel overseas this year, while two-thirds are planning staycation trips, finds new research from GoCompare Travel Insurance.