Does travel insurance cover wildfires? Once you are safe, the Association of British Insurers is urging visitors to carefully review their travel insurance terms and conditions. Think carefully before you cancel the trip, as travel insurance won't pay out if your reasons for not going are nerves alone. Most policies will therefore contain wording explaining that they won't cover you for things you knew about when you arranged the cover. Price comparison sites allow you to view multiple travel insurance quotes at a glance and also include policies for high-risk countries.