For a straighter path to compensation, check your travel insurance policy — assuming you bought one, of course. If the trip interruption coverage includes financial default, you could recoup the additional travel expenses, including flights that are higher than your original fare, meals, accommodations and local transportation fees related to the delay or disruption.
“Financial Default coverage provides reimbursement for unused prepaid and nonrefundable trip payments and deposits if a trip is canceled or interrupted due to the travel supplier’s complete suspension of operations due to financial circumstances,” explained Jenna Hummer, a spokesperson with SquareMouth, which compares travel insurance policies, “whether bankruptcy is filed.”
Hummer reminds policyholders that financial default comes with a few restrictions, such as you must have bought the policy within 10 to 21 days of your initial trip deposit and coverage is not available for the first 10 to 14 days after the purchase of the policy.
Read the full Washington Post article online here: https://www.washingtonpost.com/lifestyle/travel/i-have-a-wow-air-ticket-what-happens-now/2019/03/28/2bda45f0-5182-11e9-8d28-f5149e5a2fda_story.html?utm_term=.3fe919477d9b