Men take more risks when traveling according to the State of Travel Insurance research survey of Berkshire Hathaway Travel Protection.
Findings showed that when it comes to planning a trip in the Covid-19 era, women play it safer. The insurer’s survey showed that 60% of female respondents say they would wash their hands or use hand sanitizer more while traveling based on the recommendation of the Centers for Disease Control and Prevention. However, only 39% of male travelers said the same.
Meanwhile, 48% of male travelers were also more than twice as likely to say they would take risks in general when traveling, compared to 20% of women. Results showed that men were much more likely to consider the news of outbreaks or violence as a factor in choosing a travel destination.
Six years of travel surveys affirmed that women “tend to be more prudent and sensible travelers than men,” said Carol Mueller, vice president of strategic marketing at Berkshire Hathaway Travel Protection.
However, “that doesn’t necessarily translate into women buying more travel insurance because they’re more prudent,” she noted.
According to the survey, men are more likely to get insurance policies than women. More than 46% of male travelers insured all of the trips they had in 2020, compared to over 25% of women. Data showed that only 34.6% of men insured no trips, compared to 49.5% of female travelers.
Meanwhile, only 24% of men considered fear of disease outbreaks as a reason for insuring their trips, compared to 38% of women.
The survey revealed that women get travel insurance for flight delays and cancellations, while men believe that travel insurance saves time and money. Male travelers spend more on travel, with around 48% of men spending under $5,000 total on trips this year, compared to 70% of women.
During the Covid-19 pandemic, women prefer road trips, family vacations, and trips closer to home when planning their travels.
“That, by and large, in the industry does not translate into higher levels of buying travel insurance,” she said.
On the other hand, men are more open to solo, international, business, and adventure trips, the kind of trips customers usually insure.
Pandemic’s impact on tourism
When the coronavirus pandemic started, nations across the world gradually imposed travel restrictions. Flights have been canceled and demand for air travel slowed down. This led to changes throughout the airlines and tourism industries.
For example, UK flag carrier British Airways has announced that it will be retiring all of its Boeing 747 aircraft amidst the dramatic decline in travel due to the coronavirus pandemic.
A spokesman for the airline said: “It is with great sadness that we can confirm we are proposing to retire our entire 747 fleet with immediate effect.”
“It is unlikely our magnificent ‘queen of the skies’ will ever operate commercial services for British Airways again due to the downturn in travel caused by the Covid-19 global pandemic,” the spokesman continued.’
In June, New York, New Jersey, Connecticut imposed a 14-day quarantine on travelers from Texas, Florida, and other coronavirus-hit states in the US.
Travelers who will not follow the quarantine orders will face fines, Gov. Andrew Cuomo said on Wednesday.
“We worked very hard to get the viral transmission rate down. We don’t want to see it go up because a lot of people come into this region and they can literally bring the infection with them,” Cuomo said at a press conference with New Jersey Gov. Phil Murphy and Connecticut Gov. Ned Lamont.
“Because what happens in New York happens in New Jersey and happens in Connecticut,” he noted.