Berkshire Hathaway Journey Safety (BHTP) launched outcomes from its State of Journey Insurance coverage analysis survey, which was performed over a span of a number of months in the course of the pandemic.
The measures future expectations of travel insurance buying and traveler habits and perceptions. One of many key knowledge factors confirmed that there are main contrasts between how women and men view the dangers of touring.
The research confirmed that girls are more likely than males to observe CDC precautions as they journey. Whereas near 60 p.c of girls mentioned they’d wash their arms or use hand sanitizer extra, in addition to put on a masks or different protecting gear, solely 39 p.c of males mentioned they’d do the identical, in line with BHTP.
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Males have been additionally greater than twice as more likely to take dangers whereas touring.
Forty-eight p.c of males versus 20 p.c of girls have been prepared to take dangers. Nonetheless, males have been more likely than girls to say they’d let information studies of illness outbreaks and violence of their chosen vacation spot have an effect on their plans to go there, BHTP discovered.
In the case of journey insurance coverage, girls reported shopping for considerably much less journey insurance coverage than males in 2020. They may even be much less lively within the journey insurance coverage market throughout 2021.
Nonetheless, 38 p.c of girls indicated that they made their buy of journey insurance coverage due to fears of illness epidemics, in comparison with simply 24 p.c of males.
Ladies bought journey insurance coverage o cowl flight delays and cancellations, and the highest cause males bought insurance policies was as a result of insurance coverage saves money and time.
