There are a lot of choices for travel insurance plans, and pricing can vary widely. If this is your first time buying travel insurance, the following tips can help you figure out how to get the best deal. Find out if you already receive discounts on travel insurance. If you’re a student, you can receive discounted travel insurance through STA Travel. Check out rates online, or ask your university’s study abroad office for advice. American Express also provides some travel insurance coverage. Cardholders have access to a Global Assist hotline. If you paid for your trip using your American Express card, you automatically receive some trip protection and baggage insurance. Many policies will pay you back for the costs you might suffer. Your airline may cancel your flight or your trip is interrupted for a variety of reasons. Many plans also allow you to purchase additional “cancel for any reason” insurance. That insurance pays you back if you need to cancel your trip for any reason at all. However, this is usually quite expensive — so only buy it if you truly think you need it. Insurance plans already cover trip cancellation for a variety of reasons, so be sure you understand what those are before purchasing this optional coverage.