Does it pay to get the travel insurance from DVC when booking a trip?

[skorpie]

Just booked at trip for March 7-11, 2021. Not counting the Covid issues now or to be morbid, my in-laws, who are not traveling to WDW with us, are in their 90‘s . I usually book travel insurance when flying for DH and myself. Does it pay to spend the money for the insurance in view of events that could happen in the future in case we have to cancel a trip? DH and I will probably be taking more than one trip to WDW in 2021 so the insurance is good for one year. Or should we hope that DVC would work with us to restore points if something should happen? I know is sounds awful to even think of their passing. Any thoughts?

 

[starry_solo]

Read the terms of the DVC insurance. I think it only reimburses the maintenance fees and pandemics are not covered.

 

[skorpie]

I will check but we were thinking to get it in case one of the in-laws passed on.

 

[Sandisw]

The insurance is for the UY of the points, So, if you used more than one UY in the reservation,,,ie: bsnked, current or borrowed, you will pay more than one year,

However, once you buy it, it covers all the points foe that UY used at a different time,

The insurance would reimburse you for MFs on the points, assuming they are lost, If DVC makes any adjustments for you, you wouldn’t be eligible for reimbursement.

I have to say, given what is going on, I am not sure the normal level of pixiedust given for emergencies will be a thing in the next few years. JMHO

 

[bobbiwoz]

I think I would try to rent the points rather than buy the insurance. The only time I have bought the DVC insurance was when I booked a GV at Aulani for a week, I wanted to protect the MFs on that many points! Thankfully we had the vacation.

During that time period that we had the insurance , I tried to get something from the insurance when SW cancelled our flight to Orlando. Turns out that “ air traffic controllers issues” is not covered.

 

[skorpie]

Thanks for everyone’s suggestions. I think I’ll skip the insurance.

 

[Shelly F - Ohio]

Also check with your credit card company. You might have insurance for things like your airfare if you bought it with a credit card that offers insurance. Even if you used airline miles to purchase the ticket but paid for the taxes using your CC you are covered. At least the Chase Reserve card will cover you I know.