Are you planning on taking a cruise this year? If so, you won’t be alone. Squaremouth recently released data indicating 2024 will be a big year for cruising.
The travel insurance marketplace reported, in 2023, more travel insurance shoppers bought cruise-related travel insurance than they had in the company’s entire history (so more than two decades). Year over year, 2023 cruise-specific travel insurance sales increased by nearly 30 percent. Compared to 2021, 2023 showed a whopping 200 percent increase in sales. Now, Squaremouth expects the trend to continue, with a 6 percent increase in travelers reporting they’re planning a cruise in early 2024, over those who said they were planning a cruise in early 2023.
If you’re among those eager cruise planners, Squaremouth suggests not waiting until after wave season (the time of year when cruises are historically most affordable, lasting January–March; for example, Princess Cruises’ wave season sale gives cruisers up to 40 percent off and free room upgrades when you book before Feb. 29) to book your cruise, and ensuring any insurance purchased for the cruise covers medical needs overseas, as well as travel disruptions.
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