Taking out a travel insurance policy before going abroad is "vital", it has been claimed.
John Boyles, account manager at Endsleigh Insurance, said holidaymakers would be foolish to try and save money by cutting back on insurance.
"It's vital. If you travel abroad without insurance than in my opinion you must be crazy.
Traditional family holidays in Spain and other popular destinations have been "revived" by the recent credit crunch, according to a new study.
Research carried out by Abbey revealed that the current economic climate has encouraged people to take holidays with their parents and extended family members in order to save money.
Some of the benefits of holidaying with a large group include cheaper accommodation costs and the availability of free childcare.
According to Abbey, almost half of people in their late 20s now holiday with their parents or grandparents.
Taking a holiday without travel insurance is "crazy", one organisation has claimed.
John Boyles, account manager at Endsleigh Insurance, warned that those taking holidays in Spain and other destinations could be putting themselves at risk by travelling without insurance.
Mr Boyles' comments come after a recent study by American Express found that one in four people plan to travel without insurance.
British consumers have been told to save money by booking their 2009 holidays in Spain early.
The Telegraph reported last week that those who plan their holidays early often get the best deals and added extras such as free child places and car hire.
With several tour operators reducing capacity for next year, due to the high cost of fuel, those booking in advance will also have a wider choice of packages.
Booking flights to Spain in advance is also cheaper and signing up to newsletters and email alerts can be beneficial when it comes to finding out about the best deals.
The number of people choosing to enjoy holidays in Spain and other popular destinations has not been impacted by the credit crunch, according to one travel expert.
Lonely Planet author David Else said that people were downgrading their holidays, as opposed to cancelling them altogether.
"Instead of a three-week holiday to Tuscany, it might be two weeks. Instead of three-star they'll go self-catering.
Southern Spain is one of the most popular winter sun destinations for British holidaymakers, a new study has found.
Research carried out by Abbey revealed that 15 million Britons are planning to travel abroad over the coming months, with 41 per cent of people planning to visit the southern Spain and the Canary Islands.
Furthermore, the British summer has been so disappointing that more than one million people have been tempted into taking their first holiday in three years.
Calum Gibson, head of Abbey credit cards, commented: "Clearly many Britons are in need of escaping our gloomy weather and heading overseas.
New plans have been announced aimed at cutting the cost of using a mobile phone while on holiday.
EU telecoms commissioner Viviane Reding warned phone providers last year that their charges were not acceptable and asked them to make voluntary reductions.
However, not convinced that companies have gone far enough, Ms Reding has made proposals recommending that that the cost of sending a text message is reduced to 9p, while the cost of making a call is reduced from 36p to 27p per minute.
She also proposed that holidaymakers are charged per second, rather than per minute.
After a miserable summer at home, millions of holidaymakers are preparing to make an autumn getaway to sunny destinations such as Spain.
New research from online travel community TripAdvisor revealed that 18 per cent of people are planning to take a holiday over the coming months.
Furthermore, 29 per cent of respondents said they intended to travel more this year than they did in 2007.
The main reasons given for taking autumn holidays in Spain included "escaping the crowds" and making the most of the low prices and last-minute deals on offer.
Holidaymakers renting a car in Murcia can reduce their stress levels by using a sat nav device, it has been claimed.
According to navigation solutions provider TomTom, sat nav systems are perfect for those driving in an unfamiliar country such as Spain.
Jenny Hodge, public relations manager for TomTom in the UK and Republic of Ireland, commented: "The use of sat nav devices heightens awareness and reduces the stress levels of the driver, as well as improving general driver behaviour."
She added that navigation systems are effective in reducing travelling time, which in turn can help to cut fuel costs and CO2 emissions.
Holidays to short-haul destinations such as Spain are likely to remain popular, despite the credit crunch, it has been claimed.
Antony Martin, MD of travel insurance specialist Insurfor.com, said that although long-haul destinations such as Australia and the US may be affected, countries served by budget airlines are still likely to remain popular.
Meanwhile, holidaymakers travelling to La Manga Club will certainly find no shortage of economical flights to Spain with Ryanair, bmibaby and easyJet all serving the area.