Should I renew Privilege Flyer AwardGuard?
Nov 19, 2003, 8:49 am
#1
Original Poster
Join Date: Aug 1999
Location: Wynnewood, PA USA
Posts: 2,325
Should I renew Privilege Flyer AwardGuard?
I just received my renewal notification in the mail. The cost for an additional year is $119. If I let my policy lapse I won't be able to renew is because the program is closed for new AwardGuard enrollments.
I originally purchased this policy to protect my UA and US accounts. I have about 75K miles in UA and a much more significant balance in US. My concern is the US is far from being financially healthy.
I'd appreciate any comments.
Jay
I originally purchased this policy to protect my UA and US accounts. I have about 75K miles in UA and a much more significant balance in US. My concern is the US is far from being financially healthy.
I'd appreciate any comments.
Jay
Nov 19, 2003, 9:18 am
#2
FlyerTalk Evangelist
Join Date: Dec 2002
Programs: UA Platinum MM; DL Silver; IHG Diamond Ambassador; Hilton Gold; Marriott Gold
Posts: 24,248
Now that the once imminent fear of UA going belly up has subsided, I think AwardGuard is not a very smart investment. If you are really worried about losing hundreds of thousands of US miles, then perhaps $119 is a reasonable insurance cost, but I'd pass. A better insurance policy may be to burn US miles early and often if you continue to doubt their financial stability.
Nov 19, 2003, 10:30 am
#3
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,617
Buying an Award Guard membership is a good way to say thank you to Randy for his financial support of flyertalk.
Nov 19, 2003, 12:30 pm
#4
FlyerTalk Evangelist
Join Date: Nov 1999
Programs: FB Silver going for Gold
Posts: 21,794
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by nsx:
Buying an Award Guard membership is a good way to say thank you to Randy for his financial support of flyertalk.</font>
Buying an Award Guard membership is a good way to say thank you to Randy for his financial support of flyertalk.</font>
Mar 8, 2017, 3:26 pm
#5
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member
Posts: 21,617
Does anyone here still have AwardGuard or am I the last one?
My membership renewal is approaching. I have more miles and points than ever, but I'm not sure they're actually worth more than what I had 10 years ago. Also it's hard to image the airlines going bankrupt without a simultaneous crash in the economy which would limit both my eagerness to travel and my chance of collecting anything. Maybe it's time to drop the membership as part of simplifying my miles and points chaos.
My membership renewal is approaching. I have more miles and points than ever, but I'm not sure they're actually worth more than what I had 10 years ago. Also it's hard to image the airlines going bankrupt without a simultaneous crash in the economy which would limit both my eagerness to travel and my chance of collecting anything. Maybe it's time to drop the membership as part of simplifying my miles and points chaos.
Apr 2, 2017, 11:33 am
#6
Join Date: May 2000
Location: San Francisco, CA, USA
Posts: 1,960
I still renew each year. I have 300k UA, 1M+ AA, 150k DL and a slew of WN, Jet Blue and others as despite being known as Mr International Travel I just collect more as I go---- So yes, I keep renewing. Wish it covered BA, VS and Singapore, too. <br /><br />It seems cheap at that level of miles should they collude to end these programs. A sort of consolation prize after all these years of travel, <br /><br />note: I am not a hoarder. I've blown through 3M AA miles over the years, 500,000 BA, and 400,000 UA, and tons of Southwest, US, NW, Hilton, Hyatt, Starwood, and Radisson points. Earn and burn, and earn some more--- And I regularly use 200k+ for into trips. Yet.......
Apr 2, 2017, 1:07 pm
#7
Join Date: Jan 2000
Location: Northern California
Programs: Inf Elite CO, lifetime AA Platinum
Posts: 1,937
I was a member from the start. So appreciative to Randy and team by being innovative throughout this game, including offering the insurance. It made me feel better when I had a large bank of TWA, Continental/Eastern and other miles. I finally dropped it last year as the airlines have stabilized and the risk doesn't seem to be there (even though I do significant miles in the bank). And so I miss the InsideFlyer magazine ...
