The unfortunate reality is that sometimes when we travel, our luggage may not be there for us when we arrive. Airlines may accidentally place the luggage on the wrong flight, which can either lead to delayed or lost baggage.
It’s a pricey scramble to buy everything that you’ve packed, especially all your toiletries, clothing and essentials. But if you’re a cardholder of one of these credit cards and used it to pay for the cost of your transportation, you may be eligible for insurance that helps you offset that cost. Spend your money eating good food or shopping for items you want rather than covering the cost of items in a situation that’s out of your control.
* To compare the best purchase baggage insurance credit cards, we ranked them according to the maximum coverage offered.
1. TD First Class Travel Visa Infinite Card
You’ve likely heard stories about lost baggage after disembarking from a flight, but with the TD First Class Travel Visa Infinite’s delayed and lost baggage insurance, you’ll have help paying for the items you need to buy. If you charge the entire cost of your flight to your credit card, you and your immediate family will be protected for up to $1,000 per person (shared budget with lost baggage insurance) to buy necessary items that need to be replaced for up to 96 hours since you’ve landed at your destination. In the unfortunate event that your baggage is never found, you will be reimbursed for any additional costs that isn’t covered by the transportation service. Your card also offers added travel benefits such as travel accident, trip cancellation and trip interruption insurance.
2. TD Aeroplan Visa Infinite Card
If you lose checked baggage while in transit, don’t fret as much thanks to the TD Aeroplan Visa Infinite’s delayed and lost baggage insurance. Cardholders are eligible for the baggage insurance if they paid for the ticket’s full price on their credit card, which covers you and your immediate family. If the transportation provider is delayed in giving you your checked baggage, each person can spend up to $1,000 (shared budget with lost baggage insurance) on essential items for up to 96 hours after arriving at your destination. If your checked baggage is never found, the lost baggage insurance well reimburse you for the cost that isn’t covered by the transportation service. Frequent travellers will also enjoy the card’s additional perks, such as travel medical, trip cancellation, trip interruption and travel accident insurance.
3. American Express Gold Rewards Card
Earn rewards and get peace of mind with delay and lost baggage insurance when you charge the full price of your airplane ticket to your American Express Gold Rewards Card. If your baggage is delayed on an outbound flight by six hours or more, the card provides coverage for the cost of necessary emergency purchases, such as clothing and toiletries, for four days up to a limit of $500, which is included in the maximum amount of flight delay insurance covered. While the American Express card doesn’t offer as much baggage insurance coverage, its lost or stolen baggage insurance covers both checked in and carry-on baggage, if the full cost of the flight is paid using the credit card. Cardholders will only be able to access up to $300 coverage for jewellery and up to $250 for golf gear, such as clubs and bags, during an incident.
Have you ever had to use delayed or lost baggage insurance? Let us know in the comments or fire off a tweet @RateHub.
 Underwritten by Royal & Sun Alliance Insurance Company of Canada. All insurance coverage is subject to the terms and conditions of the respective master policies. Certain limitations, exclusions and restrictions apply. Please read your Certificates of Insurance carefully.