Non-refundable rates look like free money until a flight moves, a child gets ill, or you find a better neighbourhood two weeks later.
| Situation | Usually choose |
|---|---|
| Dates locked, trip insurance solid | Non-refundable if the saving is meaningful |
| Still comparing neighbourhoods | Refundable |
| Peak event week with scarce rooms | Book refundable early, then reassess |
| Work trip that might shift | Refundable, always |
Price the saving against the cost of being stuck. If the gap is small, buy freedom.
Featured photo via Unsplash.