I’m hoping for a bit of advice with regard to refundable vs. non-refundable flights, and how travel insurance might factor in the decision.
I am shopping for fares to book a roundtrip ticket for a trip in which I’m planning to be away for about three months this summer. The exact date of my early August departure (or November return for that matter) isn’t terribly sensitive, and as I don’t forsee any scheduling issues this far in advance, I’ll likely select travel dates on which I can find the best rates. But as I’ve got just a tinge of worry that something important might arise forcing me to change (or even worse cancel) my trip unexpectedly, I have been comparing refundable fares as well.
I’m astonished at the difference! A basic non-refundable fare from Baltimore/Washington area airports to CDG is in the area of 1,200 to 1,400 US. Compare that to the refundable fares, with the same dates and carriers, at around 3,300 – 3,500 US!! Is such a drastic increase usual? I was expecting a few/several hundred diff., but 2.5x the cost seems abnormal!
Now I should also note that in addition to my flight arrangements, I’ve also been researching travel insurance policies, just for a bit of added peace of mind I suppose. I’ve been told that a number of such policies extend to cover flight cancellations, which I understood to mean that one would be covered in the event of an airline caused cancellation. Can anyone confirm to what degree such policies could cover me in case of having to cancel or postpone my trip? Are there any particularly good agencies people have used and would recommend (or urge to avoid!)? Would this be a good alternative to splashing out on that oh-so-expensive refundable airfare??
Thanks for reading, and I'll look forward to your suggestions!