It takes a lot of research to get a cruise booked with points to break even dollar for dollar with a cruise booked on cash. From what I can tell about the strategy, certain cruise dates (seasons), certain category cabins and the length of the cruise affects the bottom line as does when you book it. Understand that when
DCL first releases their itineraries that's the cheapest price you will find - that's why they say book early - they only go up in price! The
point charts however reflect the more expensive prices that DCL charges later on once a schedule has been published for awhile, if you follow that thinking. So, most of the time it's more cost effective to book with cash IF YOU HAVE IT and if you book EARLY to get the most savings.
In our case, we booked early (16 months out), right after the schedules were released and we had the points to cover the 3 of us on a 4 n. cruise in July (a peak season) and we were able to snag a "secret porthole" Cat. 10. We did not have the cash - so we booked with points for the 4 n. cruise. This saved us around $3K. Then we booked the 3 n. cruise immediately following it, in the same cabin with a cash ressie. We bought our
DVC membership with the intention of using it to cruise and with the intention of "trading out" to other destinations from time to time. That's why we wanted a timeshare. We want each vacation to be a little different from the last. So even if we were going to WDW for every vacation, we'd still pick a diff. resort to stay at each time just so the trip would be different.
I say they are your points - if you have enough to go when you want to go then use them if you want and keep your cash! You will still have to spend a lot of cash on extras like tips, excursions, shopping on board and in the ports, pictures from Shutters, alcoholic drinks (if you drink) ETC. They don't use cash on the ship - I guarantee you that your onboard bill at the end will surprise you just a little!
As far as insurance - we haven't purchased ours YET but we will in the spring. They offer a different ins. for the DVC points that's supposed to cover the cash value of the points or something - I'm not sure but I think it was more expensive than what the ins. was for our cash ressie. What I want to do is make a few calls to see if I can cover BOTH cruises in one policy for the value of both cruises combined rather than having to buy 2 diff. policies. Not sure yet if I can do that. But I'd recommend insurance - lots of variables with a cruise (or more than with a land vacation) so I would insure the trip. (It's something that can be added later, it doesn't have to be purchased when you book the cruise.)
Good luck with your decision - the cruise is a blast!
