Posted: Fri Jun 01, 2007 11:27 pm
We never buy it and in the long run we believe that we save money by “self-insuring”. We suppose that maybe sometime in the future we might use it if we bought it, but all the money we have saved by not buying over the years will more then pay for any money we would lose if we had to cancel or reschedule a trip.
The insurance companies make a good profit on selling it. We suspect that the villa rental agencies also get a cut as well. Thus, logic would dictate that most people do not make out with the insurance then those do.
With that being said, it always come down to one’s personal situation and if you can self-insure yourself or not.
The insurance companies make a good profit on selling it. We suspect that the villa rental agencies also get a cut as well. Thus, logic would dictate that most people do not make out with the insurance then those do.
With that being said, it always come down to one’s personal situation and if you can self-insure yourself or not.