How to find cheap travel insurance
Decide what you actually want cover for
Bigger isn’t always better and paying more for a policy with heaps of inclusions you don’t care about is a waste of money. Take the time to read the differences between a basic policy and a more comprehensive one so you can make an informed decision.
Take advantage of deals
Insurers will often have deals and discounts available where you can score up to 15% off your travel insurance policy. Depending on your trip, this can save you quite a bit of cash.
Increase your excess
This is the amount you need to pay when you make a claim and increasing it will make your premium cheaper. Choosing a higher excess means that it probably won't be worth making a claim for smaller expenses, but it ensures you're still covered if something more serious and expensive happens.
"I recently booked a trip to Noosa where we were hiring a rental car. To hire it with an adequate level of insurance protection, we were going to have to pay $150 extra. I knew that a travel insurance policy could cover rental car excesses in the event of an accident, so I looked at how much a policy would cost. It came in at just $120 for both me and my husband. Given this included way more coverage than just the rental car and was ultimately cheaper too, we went with this option and were able to drive the rental car carefree. It was great knowing we’d also be covered for any flight cancellations (I’ve been burned before) and luggage woes too."
Travel insurance deals and discounts
Save 10% on InsureandGo policies with Finder Use this coupon code to save 10%. Ts&Cs apply. Last verified
Use code SUMMER10 to get 10% off Use code SUMMER10 to get 10% off when you buy a new policy before 28 February 2025. Limits, T&Cs apply. Last verified
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Get 20% off Freely Travel Insurance Get 20% off a new Freely Travel Insurance policy when you purchase it before 16 April 2025. Limits, T&CS apply. Last verified
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Save 15% for two adults or 20% for three or more Get 15% off when two adults purchase a policy together, or save 20% for three or more adults. The offer ends on 31 December 2024. T&Cs apply. Last verified
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Qantas Travel Insurance’s BIGGEST Qantas Points offer is back Earn up to 15,000 points for every policy. Offer ends 6 March. T&Cs apply.
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Get 25% off your travel insurance policies with Kogan Use promo code: SALESTIME. T&Cs apply. Last verified
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Get 5% off on Tick travel insurance policies Use this code to get a 5% discount. T&Cs apply. Last verified
ahm and Medibank members get 10% off travel insurance Get this discount if you're an ahm or Medibank Private member and save. Last verified
Earn Velocity Points with Cover-More Get 3 Virgin Velocity Points for every $1 spent on travel insurance with Cover-More. Last verified
Get 8% off your Wise and Silent policy Use the promocode to get 8% off travel insurance. T&Cs apply. Last verified
15% off travel insurance for Medibank Private members Get this discount if you're a Medibank Private member and save. Last verified
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