Originally Posted by
NoStressHere
Self insurance is your best bet.
After all, insurance companies ALWAYS come out ahead. That is why they sell it. LOL!
If you're only considering air fare remember that cancellations are usually only 1-2% of flights. and you can often be re-accommodated with a few hours delay, occasionally over night. If you are careful and plan ahead the savings you accrue over the the time between cancellations is significantly more than an ocassional walk up fare. Of course some places have higher cancellation rates that others, I'm thinking place with frequent poor weather conditions. I fly mostly in the Southern parts of the US and seldom run into those conditions.
I wonder how often people actually use their travel insurance. If I were taking a a long expensive trip with lots of hotels and travel arrangement I might consider insurance for that.