Allianz Travel Insurance Survey Reveals More than Half of America Hasn’t Taken a Vacation During the Past 12 Months
RICHMOND, VA, 8.15.2016 — Americans remain vacation deprived according to the seventh annual Allianz Travel Insurance Vacation Confidence Index, which found that more than 170 million* Americans (53 percent) haven’t taken a vacation in the last 12 months. This is down three points from 2015, when 56 percent of respondents had reported not having taken a vacation in a year.
Even among those who say an annual vacation is important, 41 percent haven’t been on a vacation for at least a year.
Furthermore, the survey revealed that just 15 percent of Americans have been on a vacation in the last three months (down one point since 2015), 16 percent haven’t been on vacation in one to two years (unchanged) and 37 percent haven’t been on vacation in more than two years (down four points).
“We’ve only seen the slightest increase in Americans taking a vacation this year,” said Daniel Durazo, director of communications at Allianz Global Assistance USA. “Our findings show that Americans continue to be plagued by an alarming Vacation Deficit.”
The Vacation Confidence Index has been conducted each summer since 2010 by national polling firm Ipsos Public Affairs on behalf of Allianz Global Assistance USA. A vacation is defined as a leisure trip of at least a week to a place that is 100 miles or more from home.
Allianz Global Assistance offers travel insurance** through most major U.S. airlines, leading travel agents, online travel agencies and directly to consumers. For more information on Allianz Global Assistance and the policies offered for travelers, please visit: allianztravelinsurance.com or like us on Facebook at Facebook.com/AllianzTravelInsuranceUS.
*Number is calculated from the U.S. Census Bureau’s population estimates of the United States as of July 1, 2015.
Methodology: These are some of the findings of an Ipsos poll conducted on behalf of Allianz from June 2 to 5, 2016. For the survey, a nationally representative sample of 1,007 randomly-selected adults residing in the U.S. was interviewed by random-digit dialing telephone via the ORC Caravan omnibus. With a sample of this size, the results are considered accurate within ±3.1 percentage points, 19 times out of 20, of what they would have been had the entire population of adults in the U.S. been polled. The margin of error will be larger within regions and for other sub-groupings of the survey population. These data were weighted to ensure the sample's regional and age/gender composition reflects that of the actual U.S. population according to data from the U.S. Census Bureau.
Allianz Global Assistance USA (AGA Service Company) is a leading consumer specialty insurance and assistance company. We insure 21 million customers annually and are best known for our Allianz Travel Insurance plans. In addition to travel insurance, Allianz Global Assistance USA offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for health insurers, property and casualty insurers, and credit card companies.
** - Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. For a complete description of the coverage and benefit limits offered under your plan, carefully review your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A-" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101-C series or 101-P series, depending on state of residence. Allianz Global Assistance and Allianz Travel Insurance are brands of AGA Service Company. AGA Service Company is the licensed producer and administrator of these plans and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage due to the affiliation between AGA Service Company and Jefferson Insurance Company. Non-insurance benefits/products are provided and serviced by AGA Service Company.
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Allianz Global Assistance is a leading provider of consumer specialty insurance and assistance. We provide insurance to 21 million customers annually and are best known for our Allianz Travel Insurance plans. In addition to travel insurance, Our Allianz Global Assistance brand offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for health insurers, property and casualty insurers, and credit card companies.
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