Published: Aug 27, 2011 4:12 AM EDT
Updated: Aug 27, 2011 7:20 AM EDT


FORT MYERS, Fla. -People buy home insurance, renters insurance, and car insurance. but when you book a trip, do you consider insuring that?

"We never don't get stranded," traveler Angela Iacoboni said. "We missed our flight in Detroit because there was a blizzard."


"Our honeymoon, a hurricane came," traveler Dan Iacoboni said. "We got redirected, and we were going to Hawaii."


"I always try to find the cheapest tickets, so I never do it," Angelia Iacoboni said.


"Fifty percent of the time it is either delayed or some sort of rerouting," traveler Llewellyn Fedorchak said.


With Hurricane Irene's arrival on the east coast, planes are grounded, leaving many travelers' plans up in the air. All New York area airports close at noon Saturday. And for some, cancelled trips could amount to thousands of dollars in lost money, if they didn't buy travel insurance.


"It's really a delicate situation right now because we really don't know what is going to happen," AAA Travel Manager Marsha Kut said.


Kut recommends travel insurance on every trip, especially international flights, which can carry stiff penalties around $200.


"Cruises, tours, anything like that, always buy insurance," Kut said.


Costs vary, based on the price your trip and the coverage you want. Some plans cover lost luggage, medical expenses, or cancellations due to hurricanes. At, a couple traveling from Florida to Hawaii next week, spending $4,000 on the trip, could pay anywhere from $100 and $500+ on a plan. The more expensive your trip, the more likely you'll want to insure it.


"It's the best thing you can spend your money on, in the end, it's always worth it," Kut said.


Kut said most airlines and hotels have been helpful in accommodating travelers whose plans have been changed by the path of Hurricane Irene, waiving fees and changing flights.


But it's important to note, if you do buy travel insurance, you have to buy it when you book your trip. You can't wait until a storm is headed in that direction.