North America Travel Insurance Market Size & Outlook

The travel insurance market in North America is expected to reach a projected revenue of US$ 12,565.9 million by 2030. A compound annual growth rate of 15.3% is expected of North America travel insurance market from 2025 to 2030.
Revenue, 2024 (US$M)
$5,353.3
Forecast, 2030 (US$M)
$12,565.9
CAGR, 2025 - 2030
15.3%
Report Coverage
North America

North America travel insurance market highlights

  • The North America travel insurance market generated a revenue of USD 5,353.3 million in 2024.
  • The market is expected to grow at a CAGR of 15.3% from 2025 to 2030.
  • In terms of segment, single-trip travel insurance was the largest revenue generating insurance coverage in 2024.
  • Single-trip Travel Insurance is the most lucrative insurance coverage segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.

North America data book summary

Market revenue in 2024USD 5,353.3 million
Market revenue in 2030USD 12,565.9 million
Growth rate15.3% (CAGR from 2025 to 2030)
Largest segmentSingle-trip travel insurance
Fastest growing segmentSingle-trip Travel Insurance
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-trip Travel Insurance, Annual Multi-trip Travel Insurance, Long-stay Travel Insurance
Key market players worldwideAllianz SE, American International Group Inc, AXA SA, Assicurazioni Generali, USI Insurance Services, battleface, Seven Corners, Travel Insured International, Zurich Insurance Group AG, Ping An Insurance (Group) Co. of China Ltd ADR, InsureandGo, EbixCash World Money

Other key industry trends

  • In terms of revenue, North America region accounted for 19.8% of the global travel insurance market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 20,382.5 million by 2030.

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Travel Insurance Market Companies

Name Profile # Employees HQ Website

North America travel insurance market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to travel insurance market will help companies and investors design strategic landscapes.


Single-trip travel insurance was the largest segment with a revenue share of 60.93% in 2024. Horizon Databook has segmented the North America travel insurance market based on single-trip travel insurance, annual multi-trip travel insurance, long-stay travel insurance covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of North America travel insurance market databook

  • Our clientele includes a mix of travel insurance market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America travel insurance market, including forecasts for subscribers. This continent databook contains high-level insights into North America travel insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America travel insurance market report size, by country, 2018-2030 (US$M)

North America Travel Insurance Market Share, 2024 & 2030 (US$M)

North America travel insurance market report size, by country, 2018-2030 (US$M)

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