OilfieldLodging.com‘s office expansion demonstrates a successful business model in spite of challenging economic conditions.

Oilfield Lodging Office Expansion Austin Texas

Having experienced phenomenal growth since our inception in 2012, OilfieldLodging.com is expanding and planning to continue increasing in both size and scope. We originally focused on workforce and corporate lodging for traditional sectors of the oil and gas industry such as fracking. However, we have been diversifying into other categories and exploring government, construction, technology, transportation and these moves have paid off.

Like most startups, we began small, with only two employees and a laptop. By the end of 2013, the number of personnel had increased to six, but that was only the beginning. We’ve grown by 300 percent since then and now have a full-time staff of 32. Our impressive rise was the result of giving our clients something that was sorely lacking at the time — a service that solved their accounting and tracking issues as well as their lodging problems with a focus on delivering high-quality housing at greatly reduced rates.

The oil slump couldn’t have come at a worse time; many young companies aren’t in a position to weather this type of storm. Fortunately, the drop in oil prices, along with its associated effects on producers and industry suppliers, hasn’t hit us the way it has others. Our experience and ability to negotiate rate reductions have allowed us to respond when our clients needed to lower their housing costs. “Our market share has quadrupled because we have the big data to prove our savings and now the largest oilfield service companies in the world are not only listening to what we have been telling them, they are using us.” Rod Williams-CEO

In addition, we’ve reached out to offer our cost-saving benefits to other sectors of the oil and gas industry such as pressure pumping, snubbing, wire lines and coil tubing, and we’ve been expanding into the logging, transportation, environmental and construction industries. With our proprietary worldwide housing reservations database and our past experience handling crew logistics in even the most remote areas, we also anticipate a continued need for our current services in corners of the country or the world that still suffer from a lack of sufficient workforce housing.

The need to raise their occupancy rates has prompted many hotels and crew lodging managers to ask for our help in connecting with clients and adapting their rates and services to the current environment of the industry. This explains why we’re not only still here but growing as well. We foresee a healthy future for OilfieldLodging.com as we pull through this current market condition by continuing to save our clients’ money.

oilfieldlodging.com value proposition

Workers today expect a strong work and lifestyle balance, and this is where Oilfield Lodging enters the equation. Retaining skilled, qualified and loyal employees is essential for a smooth-running oil field service company, and we can help keep these employees feeling like they are in the comforts of home.

Happy Workers Are More Productive

It’s a well-known fact that a happy work environment fosters motivated and productive workers, and the oil and gas industry is no exception. Our services can organize, plan, and oversee top living facilities for your workers that include access to computers and Wi-Fi, excellent food, and attractive accommodations wherever you need it. We’ll help you avoid an unsafe workplace where workers are tired, lonely, or unhappy. Your workers will have amenities that can include swimming pools, barbecue grills, and other recreation facilities to foster a sense of community and rest for the next day’s work.

Service You Can Trust
With our travel management software protocols, you can rest assured that your workforce will arrive with the utmost care, hospitality, cleanliness and respect. Our hotels, and workforce lodges are maintained and inspected to ensure they are in top condition. When we have a booking request, we put logic into logistics. We not only consider HSE ratings but include proximity to work site, surrounding amenities, parking space for large equipment, “no stay no pay” nightly audits and onsite check-ins and crew change management for larger crews.

Types of Lodging

You can select housing according to your needs. We specialize in high-quality hotel rooms with big discounts, workforce camps, and custom manufactured homes with four suites, each with an attached bathroom and private entrance. If camps are what you need, we create custom housing options that suit your needs. We’ll not only set you up in the United States; at Oilfieldlodging.com, we provide lodging for oil fields in many places around the world, including remote areas.

You won’t have to be in charge of making arrangements whenever your workforce needs to travel to a new site. We’ll examine the site, scout the property, and get you hotel rooms or create a camp with the best amenities available.

“You can rest easy with us in charge.”

Sleep well.

Oilfieldlodging.com Slashes Travel Costs for Global Oilfield Service Company Saving $8,000,000

oilfield services company saves millions


By using the services of OilfieldLodging.com, a global oilfield service company saved over $8 million from 2013 to the 2014 fiscal year. To arrive at this conclusion, an audit of lodging spending, decision making and business processes was performed. This audit revealed that money was saved in various areas, including facilities, man camps, and hotels. The lodging company was also able to reduce costs for the client with tax management, no stay no pay agreements, and eliminating long term contracts.

In the past, oil companies would coordinate with local establishments to find lodging and dining options. This often resulted in price gouging and reduced profits. By contracting lodging and logistical services, oil companies can utilize high-quality options while saving money. The global oilfield service company that saved millions of dollars in 2014 is a prime example of the effectiveness of relying on contractors for lodging and logistics. In most cases, relying on a lodging contractor can increase the profit margins of oilfield service companies. On average, the services provided by the contractor can save oilfield service companies about 25 percent of their initial costs. Many oil companies in the United States have reported that using this contractor for lodging and logistical services has saved them millions of dollars on a quarterly basis. Savings are larger as expected by scale.

OilfieldLodging.com offers all their clients both small and large, independent and public, the combined buying power of the largest oilfield service companies in the world. Combine that savings with solid tax management, superior nightly auditing, custom invoicing, and quarterly regional price evaluations and all companies will see a huge savings to their bottom line regarding travel management and crew logistics.

Oilfield Services Company Saves $8 million

OilfieldLodging.com participated with over 400 exhibitors at the 2015 DUG Eagle Ford Shale Oil and Gas Conference at the Henry B. Gonzalez Convention Center in San Antonio, Texas.
Texas Hospitality at The OilFieldLodging.Com Saloon
This annual event focusing on the development of unconventional oil and gas exploration and development brings together thousands of attendees, hundreds of exhibitors, and many of the industry’s top producers and decision makers.

DUG Eagle Ford lined up an outstanding group of oil and gas industry experts to speak at the conference. The event featured Taya Kyle, widow of Navy SEAL sharpshooter Chris Kyle. His bestselling novel was adapted into the hit 2014 film, American Sniper. Taya is co-founder of the Chris Kyle Frog Foundation, a non-profit dedicated to helping returning veterans re-adjust to civilian life. She spoke about family and patriotism as the keynote speaker at the October 26 networking luncheon. There were a barrage of teary eyes as Taya touched the emotions of the audience. Her motivating story of love, loss and life lifted the spirit of those in attendance and produced an atmosphere of appreciation and determination. Angela Overstreet, COO of Oilfieldlodging.com commented on the keynote speaker “Taya’s message was very humbling.  She gave credit of her strength to faith and life lessons with her husband Chris. Her message was very clear, Walk by faith.  Doors are being prepared for each of us to walk through.  As a nation, we need to support our troops and never forget the sacrifices made for each and every one of us. It’s the little things that make a difference and we should all be a part of making a difference every day. Be in expectation for the unexpected blessings.”

Free Shoe Shines at the oilfieldlodging.com Saloon DUG 2015The Oilfieldlodging.com Saloon was an incredible success maintaining that feel of authentic Texas hospitality where many attendees enjoyed their first experiences on horse saddles serving as chairs at the saloon bar. The booth comprised corral like wood fencing, hay bales, tumble weed, authentic ranch ropes and the traditional saloon door and wooden bar. Complimentary beer, wine and shoe shines made this location a great attraction. In addition to the Texas hospitality and flair there was much business discussed during the event.  Oilfieldlodging.com took advantage of the many networking opportunities and expanded their client and facility roster with new oil service companies and lodging facilities. The company’s process and business model were well received during this time of lowered oil prices making the available cost savings even more attractive and beneficial.
Oilfieldlodging.com is the premier workforce lodging and crew logistics provider in the oil and gas industry. Leveraging their client base to negotiate and secure quality lodging options at
discounted rates, throughout the U.S. Shale Plays, has proven to be a successful service model for the oil and gas industry. Being responsive to client’s cost control needs has resulted in millions of dollars of lodging related savings. The company is now the largest buyer of lodging in the Energy Services sector.

Although their core strength is procuring quality lodging at discounted rates, oilfieldlodging.com provides a full range of lodging services. These include invoicing, rate negotiation, auditing, short and long term furnished lodging, and site planning with “boots on the ground” onsite check-in provisions for large crews.Dan Craig Drew and Shelley @ the oilfield lodging Saloon

In addition to the Eagle Ford Shale play, Oilfieldlodging.com also services the Permian Basin, Bakken Shale, Utica Shale, Marcellus Shale, Mississippi Lime Shale, Cline Shale, and all other active shale plays in North America. Other industry segments serviced by OFL include Transportation, Construction, EPC, Energy, and Environmental to name a few.



HART Energy Conference oilfield lodging services

Emerald Beach Hotel Corpus Christi

Spectacular Views and Beautifully-Appointed Rooms Await

Suite-Emerald-Beach-HotelCheck us out, then make plans to check in…

As the only downtown hotel located directly on the waters of Corpus Christi Bay, the Emerald Beach Hotel sets the stage for a unique travel experience.

Browse photos of our Corpus Christi hotel and see what makes us the premier destination for family vacations, weekend getaways and business trips along the Texas Gulf Coast. From our beautifully appointed rooms – some with private balconies, bay views and beach access – to resort-style amenities  and casual dining , the Emerald Beach Hotel is the perfect home away from home.


Enjoy all the space you need to unwind or work in marvelous beachfront comfort at the Emerald Beach Hotel. For unforgettable Corpus Christi family vacations, romantic weekend escapes or relaxing executive stays, the only waterfront hotel in downtown Corpus Christi delivers a travel experience unlike any other on the Texas Gulf Coast.

Think of us as your beachfront home-away-from-home with the amenities and personalized service you have come to expect. Each of the Emerald Beach Hotel’s 368 traditionally designed rooms featuring a tasteful coastal décor. Select rooms offer private balconies with bay views or direct access to the beach. Stay connected with free high-speed Wi-Fi. Stay productive at the spacious work desk, complete with a comfy chair. At the end of the day, sink into a plush bed covered with premium linens.

Dinner_Plate[1]For your comfort and convenience, our Corpus Christi hotel offers the following in-room services and amenities:

  • Free Wi-Fi
  • Daily Housekeeping
  • Hair Dryer
  • Iron & Ironing Board
  • Coffee Maker
  • Baths with Granite Countertops
  • Bath & Bodyworks Amenities
  • 32-Inch LCD Flat Screen TV with Premium Cable
  • Pillowtop Mattresses
  • Blackout Drapes
  • Complimentary Newspaper
  • Pet-Friendly Rooms (one-time, non-refundable fee of $30.00 per stay applies)

Enjoy A Collection of Top-Notch Services

banqet_room_meeting_setup_2[1]The Emerald Beach Hotel features a full host of services and amenities to help you stay relaxed, comfortable and connected.

Surf popular Corpus Christi attractions and restaurants or catch up on your emails with free Wi-Fi Internet – available in all rooms and social areas throughout the hotel.

Treat yourself to a relaxing soak in the indoor pool and hot tub or energize with a workout at our fitness center, which features the latest weight and cardio equipment and secure, key-card access. Hit the indoor recreation area for a game of ping-pong, billiards or air hockey. Soak up some sun or strike up a volleyball game on the beach or drop into a chaise lounge on the sun deck for an afternoon snooze. Forget something? Just stop by the Tropical Treasures gift shop, which offers everything from travel sundries, snacks and sodas, to floats, swimwear and souvenirs.

For your comfort and convenience, the Emerald Beach Hotel offers the following features:ndoor_pool_full_view[1]

  • Free Airport Shuttlekokomos_outdoor_bar_wtih_guests_56fd4c[1]sundeck_with_props[1]
  • Free Wi-Fi
  • Free Parking
  • Pet-Friendly (a one-time, non-refundable fee of $30.00 per stay applies)
  • Fitness Center
  • Indoor Pool & Hot Tub (towel service provided)
  • Sandpiper Restaurant
  • Kokomo’s Outdoor Seasonal Bar
  • Room Service
  • Live Entertainment on the Deck (seasonal)
  • Sun Deck
  • Outdoor Beach with Volleyball Courts
  • Tropical Treasures Gift Shop
  • Same Day Valet Service

Enjoy cocktails and appetizers with friends or colleagues in our, welcoming SandBar lobby lounge. Step right off the beach and into the swimsuit-friendly ambiance of Kokomo’s Bar, directly overlooking Corpus Christi Bay or enjoy a quiet dinner at the Sandpiper Restaurant. Host meetings, banquets, wedding, quinceneras in our 14,000 square feet of event facilities and meeting space. To assist with your planning, full-service   catering and event support is available.

Beach__Volleyball_Net_2_23848b[1]Meet for cocktails and appetizers at the SandBar, our vibrant lobby lounge. Order up your favorite beverage or have the bartender mix you something from the menu of creative martinis and specialty drinks. Well-Placed flatscreen televisions mean that you’ll never miss your favorite sporting event.

Experience All That Downtown Corpus Christi Has to Offer

The Emerald Beach Hotel offers a vibrant gateway to the Texas Gulf Coast. From our unique waterfront location – we’re the only downtown hotel directly on the Corpus Christi Bay – everything you want to see and experience in the area is just moments away.

The essentials for memorable meetings, weddings and special events come together at the Emerald Beach Hotel in Corpus Christi, Texas. Overlooking the waters of Corpus Christi Bay, we are the only downtown hotel located directly on the waterfront.

The hotel’s conference venues and banquet facilities include 8 rooms encompassing over
10,000 square feet of flexible space. Our event facilities offer an impressive backdrop for EmeraldBeachGulfconnecting with clients and colleagues. Allow our professional event planning and catering staffs help you design meetings and banquets guaranteed to impress. Whether you’re planning an executive retreat, training seminar or wedding reception, we have the expertise to ensure your event is successful and affordable.

When the day’s business is complete, our prime location makes it easy for you and your guests to unwind and explore Corpus Christi. Just ask our sales team for recommendations on attractions and things to do  in the area.

Complementing our conference facilities with beautifully appointed accommodations  and amenities that include our Sandpiper Restaurant, and our SandBar lobby lounge, an indoor recreation area and a modern fitness center, the Emerald Beach Hotel specializes in hosting truly unique events.

Business amenities at the Emerald Beach Hotel include:

  • 10,000 Square Feet of Event SpaceNight_Time_Bay_with_Pier[1]
  • 8 Meeting Rooms
  • Onsite Event Planning, Catering & Private Dining Services Available
  • Audiovisual & Technical Support Provided by Offsite Vendor
  • Complimentary Wi-Fi Throughout the Hotel
  • Free Airport and Local Shuttle
  • Free Parking
  • 24-Hour Business Center (with two workstations, copier, and printer)
  • Group Rates Available (for blocks of 10 rooms or more)
  • Customized Meeting Packages

For guests doing business in the Corpus Christi area, the following businesses and convention centers are close to the hotel:

  • American Bank Center
  • Ortiz Center
  • Texas A&M Corpus Christi Campus
  • Corpus Christi Army Depot & National Air Station
  • Education Service Center

Wyndham Garden Riverwalk San Antonio Hotel

Recipient of the 2015 TripAdvisor Certificate of Excellence Award.

Best of Hotels Near The Alamo – Wyndham Garden San Antonio Riverwalk/Museum Reach Hotel

Located on the Museum Reach near San Antonio Museum of Art and a short walk to the nearby Pearl Brewery District with its bounty of restaurants and local shops, the newly constructed Wyndham Garden San Antonio Riverwalk/Museum Reach hotel is the ideal San Antonio hotel for culture lovers and business travelers alike. Boasting views of the San Antonio River and easy access to the charm of the Riverwalk – a 15-mile stretch of museums, shopping and dining along the San Antonio River – guests at this non-smoking hotel in San Antonio will also enjoy easy access to the two other sections of the Riverwalk: The Downtown Reach and The Mission Reach, and is the perfect destination for a tranquil getaway.  Given our prime location among hotels near The Alamo, hotels near San Antonio Zoo, hotels near Alamodome, and hotels near the rest of downtown San Antonio and Riverwalk San Antonio, you will find our service and convenience mark us as the best choice for your San Antonio stay.

($18), an on-site restaurant, and three flexible meeting rooms. After a day of exploring the wealth of San Antonio’s cultural treasures, retreat to one of 131 well-appointed guest rooms, each of which is equipped with plush bedding and flat-screen LCD TV, or upgrade to a suite for breathtaking views of the San Antonio River. We look forward to being your hotel of choice in the San Antonio area, whether your travels bring you to San Antonio for work or play, or a combination of both.

Exceptional Choice Among Hotels in Downtown San Antonio, IdeWyndham Garden Riverwalk San Antonio Hotelal for Business and Leisure Travelers Alike

Visitors will find an abundance of things to see, do and experience in San Antonio, from exploring the delightful Riverwalk, to admiring the wondrous art at the San Antonio Museum of Art to touring the charming 125-year old Pearl Brewery. The vibrancy of the Houston Street District, the historic splendor of the Alamo, and the charm of the Historic Market Square are just a few of the must-see attractions in this most charming and historic of Texas cities.

San Antonio is also home to several major firms, colleges and hospitals, including Metropolitan Methodist Hospital, Northeast Baptist Hospital, University of the Incarnate Word and The University of Texas at San Antonio. With Lackland Air Force Base, Fort Sam Houston and Randolph Air Force Base just minutes from downtown San Antonio, and with San Antonio International Airport (SAT) just a 15-minute drive from this hotel, guests traveling to San Antonio will want to make the Wyndham Garden San Antonio Riverwalk hotel their ideal choice when their travels bring them to San Antonio.

Services and Amenities at the Wyndham Garden San Antonio Riverwalk/Museum ReachWyndham Garden Riverwalk San Antonio Tx Hotels











As our guest at the Wyndham Garden San Antonio Riverwalk/Museum Reach hotel, you will enjoy a host of services and amenities to make your trip to San Antonio convenient and stress-free. Our friendly, bi-lingual Front Desk associates are at your service 24 hours a day to assist you with everything from driving directions to recommendations on what to see and do, so please feel free to call upon them for your every need.

Enjoy an energizing workout in our state-of-the-art fitness center, and unwind with a post-workout swim in our heated outdoor pool, which overlooks the beautiful San Antonio River. Take advantage of free Wi-Fi Internet access – available throughout the hotel – lets you stay in touch and productive throughout your stay.

Refuel each morning in our Café, open daily for breakfast, and savor river front dining at our Bourbon Street Seafood Kitchen restaurant, open for lunch and dinner. Enjoy views of the riverboats while savoring a beverage on our patio, while in-room dining is also available if you would rather enjoy a quiet meal in the comfort of your room.

Below are services and amenities you can expect during your stay with us. Most are complimentary but some require a fee. These services and amenities are subject to availability.

Think about all the times you travel, whether it’s for business or leisure.  Maybe you’re going home to reconnect with the friends and family you abandoned to pursue your dream of traveling around the world. Perhaps you plan to escape the concrete jungle for a few days, bounce around a place where you don’t speak the native language and see what happens.

In any event, chances are high that you’d like pictures to commemorate the occasion and to silence skeptical co-workers as to your incredible whereabouts.  There’s an equal chance that you instinctively reach for your smartphone anytime you feel a photo-op coming on. But is it really the best option to gather your friends and family to smile at an object you use to take trivial selfies and candid photos of people sleeping on the subway? It’s time to think about a getting a camera made for travelers.

What about the camera on my smartphone?


Image by Scott Swigart – Licensed Under CC BY-SA 2.0

Unless you are using the latest flagship smartphone like the iPhone 6 or Samsung Galaxy S6, your average smartphone might not be able to deliver quality images in certain environments (like low-light conditions or action shots). While it is certainly true that smartphone cameras have come a long way and are fully capable of capturing vivid, defined images:  The ugly reality is an overwhelming percentage of smartphone cameras simply do not deliver the quality advertised.  Most of the images you see in promotional materials have been touched up by professionals using sophisticated software not available for your phones.

While it’s difficult to find a smartphone camera that holds up to scrutiny, it is fairly easy to land on a true digital camera that takes quality photos and doesn’t cost a lot of money.  You will benefit from larger image sensors, better internal computer components, and overall have more control over your image (provided you are daring enough to take your camera off the default “full auto” shooting mode.)

Point-and-Shoot Cameras – The “One Size Fits Most” Solution

digital camera

Image by Vernon Chan is licensed under CC BY 2.0

The first image most people think of when they think “digital cameras” are in fact point-and-shoot cameras. As the name implies, these cameras are engineered with an emphasis on user-friendliness. Once you’ve got a few basic preferences set, you truly can swing the camera out of your pocket and snap a photo anytime, anywhere.

While the performance level of these cameras varies from model to model, they tend to have a lot of features in common such as:

  • External LCD Viewfinder
  • 8.0 – 21.0 Megapixel Image Sensors
  • Quality Optical Zoom Range with Extended Digital Zoom
  • Optical Image Stabilization
  • Reusable Storage Media (Such as SD Cards)
  • Full HD Video Recording Capability (1080p)
  • Rechargeable Batteries
  • USB Data Transfer Cables
  • Wi-Fi Enabled for Sharing Photos on Social Media

Free Wifi SpotThe last feature (Wi-Fi) is an important one for many users.  For years, internet-connected smartphones were the only game in town that could shoot a picture straight to social media.  Now, digital cameras have caught onto the craze and enable users the same capability with a sharp uptick in image quality.

Do you need something that’s weather-sealed or waterproof?  What about a longer zoom, or better low-light capabilities?  These additional features are available from companies you definitely recognize like Sony, Canon, Nikon, Panasonic, Kodak, and more.  Best of all, with an average sticker price between $99 – $299, you won’t break the bank to get what you want.

DSLRs / Interchangeable Lens Cameras – For Power Users

Image by 600D is licensed under CC BY-SA 2.0

Professional photographers never leave home without their DSLR bag.  Tucked away in this carry-on sized tote can be a couple of lens options, extra batteries, memory cards, lens cloths, and perhaps even a collapsible table-top tripod.  These performance-minded models can pick up fine details in any scene, giving even candid shots a professional “magazine” quality.

To obtain that level of quality, you will be investing thousands of dollars and dozens of hours pouring over books and online training materials to master even a single model of DSLR camera.  Many people will find this option to be cost-prohibitive or too complicated when compared to a point-and-shoot experience.

However, straddling the line between prosumer models ($799.99 and beyond for just the camera body) and consumer models is a line of all-in-one DSLR solutions offered by many of the top manufacturers mentioned in the previous section.  These models are bulkier, more suited to hanging off the neck than they are stuffed into a pocket, but they are certainly travel-sized nonetheless.  These value DSLR models can be had for $399.99 – $599.99. They combine the user-friendliness or point-and-shoot cameras with the professional results of prosumer interchangeable lens cameras.

A good example of this is the Canon Black EOS Rebel T5.  At the time this article was written, this DSLR can be found readily in stores and online packaged with an 18-55mm zoom lens for under $400 and the results you will get easily outclass a typical point-and-Shoot camera.  You may need to watch a YouTube tutorial (like the one below) or two to get the hang of a camera like this, but in this age of rechargeable batteries and reusable storage media, it literally costs next to nothing to master a basic DSLR.


Final Recommendation

It all comes down to your preferences. Some people may own a phone with a great camera but choose a point and shoot camera since they may have a different phone these use for traveling. If you prefer to travel like a minimalist and have as little items on your person as possible, a cell phone might be all you need.  If you want a camera that captures HD-quality images, you may opt to buy a quality DSRL camera.  Luckily, quality cameras are plentiful and offer features that ensure your photos capture your memories exactly how you remember them.  Many digital cameras are super tiny (like a smartphone) and can easily be slipped into a pocket, ready to pop out and immortalize your adventures this holiday travel season.

Article courtesy of offshore-mag.comoil prices reach 2016 high oilfieldlodging.com

NEW YORK CITYOil prices rose one percent in volatile trading on Thursday with US crude hitting a six-month high, according to a Reuters report.

The increase in prices came as investors weighed a forecast for tighter global supplies against signs of another storage build. Worries of a major outage in Nigerian crude also boosted the market, some traders said.

Brent crude futures settled up 48 cents at $48.08/bbl, while West Texas Intermediate (WTI) futures rose 47 cents to settle at $46.70/bbl. During the day, WTI futures hit a six-month high of $47.02/bbl.

With that, Brent was on track for a weekly rise of 6% and WTI 4%, continuing a broad uptrend that has added about $20/bbl from lows in January and February.

WTI could advance to almost $51/bbl in the near-term “on pure technical merits,” Jim Ritterbusch of Chicago-based oil markets consultancy Ritterbusch & Associates was quoted to say in the report. “But from a longer-term perspective, we still see this market setting up for a hard fall next month” from a potential dollar rally or weak Chinese economic data, he added.

WTI initially rallied early after the International Energy Agency raised its 2016 global oil demand growth forecast to 1.2 MMb/d from 1.16 MMb/d in April. Brent also jumped as the IEA noted a combined decline of 450,000 b/d in Nigerian, Libyan, and Venezuelan output from a year ago.

Is travel insurance a waste of money – or essential for smart travelers? The truth lies in-between, and will depend on several factors. In this article, we’ll find the best answer for you.

What Is Travel Insurance?

Travel insurance is made up of two basic parts: trip insurance and medical insurance. You can purchase the parts individually or together, and most insurance companies will let you customize your coverage piece by piece to fit your needs. The basic components of a travel insurance plan include:

  • Trip Cancellation: If you have to cancel your trip for a valid reason before your departure, you will be reimbursed for the pre-paid, non-refundable portion of your trip. Insurance companies vary wildly in their definition of a “valid reason,” so it is essential that you ask. If you need coverage that lets you cancel for any reason whatsoever, you’ll need to spring for a premium plan.
  • Trip Interruption: If you must return home in the middle of your trip due to a “valid reason” – such as your house burning down – you will be reimbursed for the additional expenses you incur for returning home early.
  • Emergency Medical Expenses: If you are injured or fall ill during a trip, you will be reimbursed for your expenses.
  • Emergency Medical Evacuation: If you become seriously ill or injured during a trip and need to be transported to an adequate medical facility, you will be reimbursed for the cost of transportation.
  • Baggage Loss: If you lose your baggage or possessions, you will be reimbursed for the value up to a certain amount.
  • Baggage Delay: If your bags are delayed and you have to purchase a change of clothes/toothbrush/etc., you will be reimbursed for your expenses up to a certain amount.
  • Accidental Death & Dismemberment: If you die or lose a limb or two in an accident, you would receive this additional coverage.
  • Repatriation of Remains: If you die abroad, the insurance company will pay to ship your remains back home.

Although these are the main components of most travel insurance plans, you can opt for additional services and coverage including: extreme sports, travel delay, rental car coverage, ID theft, concierge services, emergency cash transfers, and flight accidents.

Do You Need Travel Insurance?

Mountain Climbing

Extreme sports are one reason to consider travel insurance.

Ask yourself these questions:

  • Are you in poor health?
  • Are you traveling to a destination with inadequate medical facilities and/or emergency services?
  • Are you planning to engage in extreme sports or dangerous activities?
  • Are you anyone’s primary caregiver?
  • Are you a natural worrier that would value peace of mind over the expense of an insurance plan?
  • Are you booked on a tour that requires travel insurance?

If you answered “yes” to any of these questions, then travel insurance may be the right choice for you.

How to Choose a Travel Insurance Plan

Nikon Camera

You may need to purchase additional coverage to cover lost or stolen property

Check your existing insurance coverage. Find out if your health insurance plan provides protection in foreign countries – most domestic insurers do not. Your homeowner’s or renter’s insurance may cover losses or theft away from home. Your life insurance policy probably covers you anywhere on the planet, and your car insurance may cover you in a rental car. You may also have existing coverage through your credit card company or auto club such as AAA.

Buy insurance from a third party. If you purchase the insurance offered by your tour operator, cruise company, or airline, you won’t be covered if they go bankrupt. Here are some reputable travel insurance providers to check out:

Consider additional insurance. If you travel with expensive electronics, sports equipment or jewelry, you may need extra coverage. Extreme sports often require additional coverage as well.

Cover the basics. Look for a plan with at least $100,000 for emergency medical expenses. Make sure the company has a 24-hour helpline that is available by collect call from anywhere in the world.

Read the fine print. Every insurance company is different. For example, if unforseen weather (such as a hurricane) forces you to evacuate your hotel or resort, basic travel insurance may not cover those costs.

Property Management