While Covid-19 froze almost everyone’s travel plans, leaving them with limited options for their vacations or business trips, Berkshire Hathaway Inc. undertook an ambitious initiative of unveiling travel insurance preferences for each gender separately. The research survey was conducted among 136 travelers, at the week of August 15, 2020.
The results are somehow both logically cohesive and conflicting. Women tend to more closely follow CDC’s recommendations; avoid crowds and are far less likely to take risky trips, favoring travel destinations closer to home. Having said that, this prudent behavior does not translate into them buying more travel insurance. In fact, men spend much more on travel expenses and insure their trips twice as often as their female counterparts do. The brief results of the survey is available below.