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Compare and Tutu: where Russians fly and how often they buy travel insurance

CrimeaPRESS reports:

Analysts flight directions service Tutu and the financial marketplace Sravni told how the demand for travel and insurance for them has changed. It turned out that the demand for insurance for traveling abroad (TID) has almost doubled by 2022. The most popular travel destinations are Uzbekistan, Azerbaijan and Armenia.

Where do Russians fly?

According to Tutu, most often Russians fly within Russia in the first half of the year — domestic destinations account for 84.2% of demand. A year ago, this figure was at the level of 87%. We are talking about the redistribution of the share: demand has grown both for tickets to the countries of near and far abroad, and for tickets within Russia.

The share of those traveling to neighboring countries increased from 10.5% to 12%, and those who buy tickets to non-CIS countries, from 1.8% to 3.3%. Purchases of tickets to Europe in the first quarter of 2023 decreased from 0.7% to 0.5%.

The top 5 countries where independent travelers fly in the first half of 2023 are Uzbekistan, Azerbaijan, Armenia, Tajikistan and Kyrgyzstan. They are followed by Belarus, Kazakhstan, Georgia, Turkey, UAE, Israel, Thailand, Egypt, South Korea. From European countries, Germany, Serbia, Italy, Spain, France are in demand.

On average, for tickets with a departure in the first half of the year, Russians pay 13,317 rubles for a round-trip ticket within Russia. To neighboring countries — 23,980 rubles in both directions, to non-CIS countries — 50,099 rubles, to Europe — 68,639 rubles round-trip.

The average check for flights to neighboring countries for the year increased by 4%, to non-CIS countries — by 38%, to Europe — by 63%. Flights from January 1 to June 30 were compared when purchased before April 20 with the same period last year.

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How often do travelers take out travel insurance?

In the first quarter of 2023, the number of issued travel policies almost doubled by 2022. At the same time, the share of sales of policies in Russia from all policies is 3.2%. The number of such insurances increased by 13% over the period to 2022.

According to Sravni, most often during the period, Russians take out insurance in Thailand, the Schengen countries, Turkey, the United Arab Emirates and Israel. Other popular destinations include Indonesia, Sri Lanka, India and Egypt. More often than men, women take out TCD insurance — 56.5% versus 43.5%. The average cost of insurance was 2770 rubles. In most cases, users buy insurance for a period of 16 to 30 days.

Traveler’s insurance is more in demand among people aged 31 to 40 — almost a third (27.9%) of all users with a TCD policy. In second place are clients aged 18 to 30: this is 20% of the total number of travel users. On the third — from 41 to 50 years (16%); this age group is followed by people aged 51 to 60 (12.6%).

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