New figures released by InsureandGo suggest that more people than ever are leaving it until the last minute to book their holidays.
New figures released by InsureandGo suggest that more people than ever are leaving it until the last minute to book their holidays.
According to the insurance provider, the average time between buying cover and jetting off declined by a quarter between January 2007 and the same month in 2009.
Perry Wilson, founder of InsureandGo, said: “We think this is a good indicator that people are booking last-minute holidays.”
The company’s research also showed that almost 800,000 policies were sold to customers departing within three days of purchasing the cover.
It is thought that the apparent rise in last-minute bookings could be due to people holding out for late deals, as well as waiting due to perceived insecurities at work.
Ascent MI’s Leisure Travel Monitor, published in Travel Weekly, recently found that 40 per cent of families are still opting to take a fortnight’s holiday over any other length of break.