Pearson Ham Group has released its analysis of travel insurance premiums comparing Summer 2025 with Summer 2024, revealing a year of contrasts.
While single-trip travel insurance prices have remained broadly flat compared with September 2024, annual multi-trip (AMT) cover has become significantly more affordable across most customer groups.
Typical single-trip cover for under-40s is holding at around £16, with over-60s paying roughly double at £36. Family cover is also stable year-on-year, with typical premiums for a single trip starting at £39.
Where the market has shifted decisively is in annual multi-trip policies. The most competitive quotes for under-40s have dropped from £33 to £29, a -12% fall. Couples aged over 60 have benefited most from this shift, seeing AMT quotes come down from more than £100 to around £91, signalling that insurers are actively competing for travellers’ repeat business.
Stephen Kennedy, Director at Pearson Ham Group, said:
“This summer we have seen a clear pivot from insurers. While single-trip premiums are largely static, annual multi-trip cover is becoming meaningfully cheaper. This feels like a deliberate move to encourage more travellers back into the market and to capture loyalty as overseas travel continues to normalise post-pandemic. For frequent travellers, the message is clear: annual cover may now represent significantly better value than buying several single-trip policies.”
Kennedy also urged consumers to look beyond headline prices when selecting cover:
“Even with stable or falling premiums, it is important that travellers check the level of protection they are buying matches their needs. Lower prices do not always mean the same breadth of cover, so travellers should review policy limits and exclusions carefully to ensure they are adequately protected should they need to make a claim.”
This message comes at a time when consumer groups are calling for greater transparency across the travel insurance market. Which? recently lodged a formal super-complaint wi