Link to download infographic: dummyHERE.
In a separate survey** conducted by Allianz Partners, the travel and assistance company found that United States travelers also lead in planned household travel spending over 10 other European countries surveyed. Americans’ planned summer vacation costs are 24% - 81% higher than those hailing from Austria, Switzerland, the Netherlands, France, the United Kingdom, Germany, Italy and Spain, respectively.
“Our survey shows that Americans will spend a record amount this year in order to enjoy the summer vacations they need and deserve,” said Daniel Durazo, director of external communications at Allianz Partners USA. “With travelers facing heightened costs this summer season, adding travel insurance to your vacation checklist can help put your mind at ease when it comes to protecting your investment from unexpected, covered cancellations, interruptions, delays or medical emergencies.”
The Vacation Confidence Index has been conducted each summer since 2010 by national polling firm Ipsos Public Affairs on behalf of Allianz Partners USA. A vacation is defined as a leisure trip of at least one week to a place that is 100 miles or more from home.
In March 2021, Allianz Partners announced enhancements*** to many of its travel insurance products in most states through an Epidemic Coverage Endorsement. Products that include this endorsement may provide coverage to customers who become ill with COVID-19 or a future epidemic, are individually ordered to quarantine, or are denied boarding due to a suspected illness. These products also may cover emergency medical care and transportation or provide reimbursement for change fees and loyalty points deposit fees if the customer becomes ill with an epidemic disease. Availability of the Epidemic Coverage Endorsement, and specific covered reasons under that endorsement, varies by product and by state. See your plan for details.
Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers. For more information on Allianz and available travel policies, please visit dummyhttp://allianztravelinsurance.com/.
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*Methodology: These are the findings of an Ipsos poll conducted on behalf of Allianz Partners USA. For this survey, a sample of 2,011 Americans aged 18+ was interviewed from May 2 to 4, 2022, via the Ipsos Online Omnibus. The precision of Ipsos online polls is measured using a credibility interval. In this case, the results are accurate to within +/- 2.5 percentage points, 19 times out of 20, of what the results would have been had all American adults been polled. Quota sampling and weighting were employed in order to balance demographics and ensure that the sample’s composition reflects that of the actual U.S. population, according to data from the U.S. Census Bureau. Credibility intervals are wider among subsets of the population.
**Methodology: The 2nd International Travel Confidence Index carried out on behalf of Allianz Partners, is intended to understand and assess the perception of summer holidays throughout various European countries and the United States of America. The study was carried out on a sample of 9,107 persons, in France (1,019 persons), in Germany (1,020 persons), in the United-Kingdom (1,012 persons), in Italy (1,025 persons), in Spain (1,015 persons), in the Netherlands (1,003 persons), in Austria (1,003 persons), in Switzerland (1,005 persons) and in the United States of America (1,005 persons) from May 3 to 11, 2022. The samples were drawn up according to the quota method, with regard to the criteria of sex, age, socio-professional category, region of residence and size of agglomeration in France; sex, age, region and income in other countries. The interviews were performed using a self-administered online questionnaire via the CAWI (Computer Assisted Web Interview) system.
Robin Magrisi / Robin.Magrisi@finnpartners.com
Megan Derks / Megan.Derks@finnpartners.com