They can insure against it, but quite often the cost of taking out that insurance is so high that you just wouldn't do it because the chance of this happening again is thought to be very, very small indeed.
More Quotes from Keith Betton:
If you were booked to go to somewhere in Asia next week and the place you were going to has just been knocked out of existence, then you are not going to get your money back from them and you're not going to get your money back from the insurance company either, unless it specifically said it would do so. And that's unlikely.Keith Betton
The reality of supply and demand means that when demand is higher prices will be higher. If you try to buck the system it just doesn't work. Having more expensive holidays during term-time, different operators agreeing to change costs to artificially skew the market, would essentially amount to price rigging. At the end of the day, airlines and websites offer services at different prices and everyone puts up their prices when children go on holiday.
Keith Betton
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