Money hack: Travel with a friend and save

Posted: 23 May 2018 10:00 am
News

Pay less for travel insurance when you book as a duo.

While travelling by yourself can be fun, you'll almost always have a better time when travelling with a friend. You'll have someone to banter with, see the sites with or, at the very least, someone to watch your luggage when you're in the bathroom.

But did you know that aside from acting as your luggage's bodyguard, travelling with a mate can also help you save on travel insurance?

The hack

If you're travelling with a friend, be on the lookout for duo or couples cover. Joint travel insurance policies are great for people travelling on their honeymoon, on business or just for fun. They allow you to save time, meaning you've only got to carry one policy document and, best of all, you can save money by getting a couples policy.

Let's say you and a mate (both of you aged 25) are heading to Bali for two weeks. If you were to both buying a Budget Direct Comprehensive policy separately, you'd each pay $91.65*. However, if you were to buy the same policy but as a couple, you'd only be paying $120.75. By booking your cover together, you've saved $62.55.

Budget Direct isn't the only travel insurer that offers savings to couples travelling together. Below is a table of some of the other travel insurers in the finder.com.au panel and how much you could save using the same example from above of two friends going to Bali.

Policy Single Couple Saving
Budget Direct Comprehensive $91.65 $120.75 $62.55
Fast Cover Comprehensive $57.90 $109.90 $5.90
Zoom Travel Insurance Comprehensive $58.07 $110.33 $5.81
Travel Insurance Saver International Comprehensive $111.52 $217.46 $5.58
World2Cover Top Cover $68.60 $123.47 $13.73
Southern Cross TravelCare $74.00 $144.00 $4.00
Travel Insuranz Deluxe $67.95 $129.11 $6.79
American Express Ultimate $105.00 $199.50 $10.50
Travel Insurance Direct The Works $74.53 $142.35 $6.71
No Worries Insurance Comprehensive $80.20 $157.19 $3.21
WorldCare Comprehensive $81.26 $138.14 $24.38
Online Travel Insurance Comprehensive $60.30 $96.48 $24.12
Virgin Money Comprehensive $67.10 $117.42 $16.78
InsureandGo Gold Policy $68.64 $123.56 $13.72

*Quotes retrieved on 22 May 2018 and are subject to change.

Before taking out a couples policy be sure to check the terms and conditions. Some insurers will require that you and your travel partner travel together for the duration of the trip, while with others you only need to be together for a percentage of it.


finder money hacks is a bi-weekly roundup of the latest tips and tricks to improve your finances. Check back every Wednesday and Saturday for new hacks.

Compare the couples price difference for yourself

Made a search before? Retrieve your search results

At least one destination is required
Both dates are required
Add more travellers
Enter the age of each traveller between 0 and 99

Enter a valid email address

At least one destination is required
Starting date is required
Add more travellers
Enter the age of each traveller between 0 and 99

Enter a valid email address

Type or Select your destination(s)

Popular Destinations

Americas
Asia
Europe
Pacific
Africa
Can't find your destination? Just type it in the box above.

We compare products from

By submitting this form, you agree to the finder.com.au Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

Travel insurance news

Picture: Shutterstock

Get more from Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site