How Much Does Cruise Insurance Cost?

How much does cruise insurance cost? The price is based on a number of simple factors – and understanding them can take some of the mystery out of buying cruise insurance.

How Much Is Cruise Insurance?

Cruise insurance can cost from 5% to 10% of your total trip cost, though that amount can be influenced by:

  • Your age
  • How much you’re spending on your trip
  • The length of your cruise
  • The number of people covered under your policy

And some plans may even factor into the price:

  • Your destination and ports-of-call
  • How far out you are from your departure date

Your Price Depends On The Element Of Risk

The cost of cruise insurance depends in large part on how big a risk the insurance company thinks you are.

Risk is based on age, trip cost, plan type, number of cruisers, and, for some plans, your destination and trip length.


In general, the older you are the more you should expect to pay for cruise insurance.

Why?  Because trip cancellation is the No. 1 factor in determining cruise insurance pricing – and the older you are, the more likely you are to cancel your trip. 

Not every company rates their insurance the same way. It’s a good idea to compare plans and coverage before you buy.

Cruise Cost

Expensive cruises cost more to insure than less expensive cruises – and cruise cost for insurance purposes is based on prepaid, non-refundable expenses.

A cruise where the upfront cost is extremely high (which is most cruises) means the company would have to pay more for an approved trip cancellation claim, so it makes sense to charge more to cover that cruise.

learn more about our cruise insurance plan

Plan Type

Basic plans are cheaper than luxury plans because they often have lower medical expense, emergency medical evacuation, and baggage limits.

However, the price difference between a less expensive plan and a more expensive plan may not be as great as the difference in coverage between the two plans.  So compare several plans before you buy.

Even if you don’t think you need more coverage, get a quote on a basic plan and a more expensive plan, just to see how much more coverage the more expensive plan provides.

You might be surprised at how affordable additional trip protection can be.

Optional Coverage

Often during the cruise insurance quote process you’ll be shown the cost of optional, add-on coverages.

They can give you extra peace of mind – in the form of a higher medical limit, or increased evacuation coverage – for not much additional premium.

For instance, with many of BHTP’s plans:

  • Upgrading the benefit for emergency medical expenses also costs around $10, in most cases;
  • Additional medical-evacuation coverage can be purchased for $1 or less; and
  • Additional accidental death and dismemberment coverage, when it's offered as an option, is often only around $10 for each additional $100,000 of coverage.

Not only do optional coverages provide affordable extra protection, they let you truly customize your plan to meet your cruise needs.

Number Of Travelers

A single cruise insurance policy can cover multiple family members. However, each cruiser has their own premium. 

Families cruising with children can also benefit from the family-friendly pricing found in ExactCare®, where coverage for two children is included in the premium of every insured adult.


Some places are safer than others. However, many times an insurance company is more concerned with the costs associated with a destination, not its relative safety.

Consider two hypothetical cruise ports-of-call: One is largely urban but has a higher crime rate than the other country, which is mostly inaccessible jungle.

Which is a better risk, from an insurance company’s standpoint?

Actually, the urban country may be a better risk, since people who cruise there have better access to medical care, and evacuation, if necessary, is relatively easy.

The rural country may lack infrastructure, and that can lead to very expensive medical and evacuation claims should something go wrong.

Trip Length

The longer the trip, the greater the chance something might happen.

In addition, longer trips tend to be more expensive trips taken by older cruisers to more exotic destinations, often with many people covered under one policy.

You can see how these factors add up, and impact the cost of cruise insurance.

The Value More Than Justifies The Cost

Regardless of how much a cruise insurance plan costs, its value to you will be determined when you need it.

When an emergency strikes and cruise insurance helps pay your medical bills, evacuate you, or get you back home when you have to interrupt a cruise, it more than justifies its cost.

If that makes sense and you’d like a quote from Berkshire Hathaway Travel Protection, we’ve made that easy. 

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The product descriptions provided here are only brief summaries. The full coverage terms and details, including limitations and exclusions, are contained in the insurance policy. Travel Insurance is underwritten by Berkshire Hathaway Specialty Insurance Company; NAIC #22276.

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