What is Price Drop Protection & How to use it?

When you are planning your trip, we all know that excitement remains at its peak but what if we could make it cheaper also, because traveling on long flights or during peak seasons the flight fare remains costly. For this airlines do provide an option called the price drop protection. Which simply means you can get your money back when your flight fare comes down. So be ready to know more about this feature and how it works. Read the full article to learn more.

What is Price Drop Protection?

In simple terms, it is a feature that reimburses passengers for the difference between the ticket price they paid and the discounted price that was available after they made the reservation. This is beneficial for travelers who want to save but are unsure about the price they paid.

• Some programs have eligibility periods or say a particular time window, and the price drop should occur in this time. Which is often from 24 hours to several weeks after you make the booking.
• Refunds are generally received on the original source of payment. And is generally available on the same flight, class, or conditions mentioned on your ticket.
• There are chances that you might not find this feature on every airline and it is commonly provided by a third party as their add-on service.

How to use Price Drop Protection?

• Buy your ticket from a third-party travel platform that provides price drop protection or from an airline that does.
• Pay close attention to the cost of the tickets you have booked. While certain platforms may require you to actively check, others may track this for you automatically.
• Inform the airline or travel website if you see there is a price reduction. You can do it by contacting the customer service.
• You might have to provide proof of price reduction, take a screenshot, or provide a link where the fare is shown.
• If the price drop is verified you will get your refund according to the policy.

How it Works on the Third-Party Platform

After making a booking on a third-party platform and till the day your flight is scheduled to fly, the platform automatically checks the price of your flight every 24 hours. These price checks are usually done on the flight details you booked, which include the same airline, route, date and time, and fare class. You also get a notification of the price changes, After your vacation is over, you will get a Price Drop Protection Payment for the difference. Payments for Price Drop Protection will be made using the lowest verified price check.

Airlines Refund Policy for Airfare Price Drops

Each airline has its refund policy for price reductions, so you should find out the specific requirements for the airline you booked with and your specific flight class if you are outside the 24-hour window or if your flight is not covered by the 24-hour airline rule anyway. This is your go-to resource, so stop wondering about "Will my flight price go down and how will I get the refund for the same."

Well, if you have booked for the main cabin economy class or above, you can drop your flight and get your full refund according to American Airlines' price drop refund policy, basic tickets can't be changed more than 24 hours after the booking is made. Before travel compliments, expenses or adjustments are estimated to be $200 for domestic travel and up to $750 for international travel. You will hardly get any refund because the costs are so high unless there is a big price drop, Unlike certain other companies, American Airlines does not have an "American Airlines price adjustment or match policy." and will not reimburse you for the difference in price if the flight ticket drops after you book it.

If the cost of the flight decreases, Delta Airlines will not give a refund. Even if you request a refund within 24 hours of purchasing your ticket, this airline will not give you any money back if the airfare is reduced.

According to United Airlines' price adjustment policy, airlines have the option to reimburse a portion of the difference if the price of your flight drops within a specific period after you book it. If the price reduces within 24 hours of you purchasing your ticket, United Airlines will reimburse the difference between what you paid and what the airline first claimed to be its lowest pricing.

How Price Drop Protection Saved me Money

So, it was my first flight booking when I used price protection. It gave me a huge advantage and has completely I plan and book my trips.I used a third-party platform and saved $50. It was an add-on service provided by them that automatically gives you a refund of the difference if the price of the flight drops.I bought a flight ticket 2 weeks before departure for about $160 and added price drop protection for $7 at checkout. Three days after the booking I received an email that I would be refunded $40, as the flight price had dropped to $120. The entire process was automatic.

Conclusion

No matter whether you choose an airline or third-party platform, ensure you are not making a mistake by booking it in advance. And price drop protection allows you to get relaxed about it; even if the prices go down, there is a surety of getting a refund. Therefore, ensure that you make your decision only after doing a thorough research.

FAQ about What is Price Drop Protection

Question: Does the price of a flight change daily?

Answer: Yes, it changes multiple times a day or sometimes once a day.

Question: Will my flight fare go down closer to the departure time?

Answer: As the departure time arrives the airfare becomes more expensive, so flight fares are cheaper when booked in advance.