Doc Eifrig: If you’re a frequent air traveler, you could be throwing free money away

From Dr. David Eifrig, MD, MBA, editor, Retirement Millionaire: 

The next time you’re involuntarily bumped from a flight, make sure you know your rights to compensation.

Every year, tens of thousands of people are denied boarding – often due to overbooked flights. Most people don’t know that if you get bumped from a flight, you’re due compensation if the airline doesn’t get you to your destination within an hour of your originally scheduled time.

If you arrive at your destination more than an hour late – but less than two hours late – you could receive a check for 200% of your one-way fare (up to $650). Arriving more than two hours late entitles you to 400% of your one-way fare (up to $1,300).

Getting this money from the airline can be a lengthy and difficult process. You can file a complaint through the U.S. Department of Transportation’s Air Consumer Division. Or you can use the website AirHelp

AirHelp takes care of all the legwork for filing your claim. While it does take 25% of any compensation you receive as a fee, this can be worth it if you don’t have the time to hound the airline for your money. If you don’t get paid, you don’t owe AirHelp anything. And AirHelp isn’t just for U.S. citizens. It can also help people flying in Europe.

Our European subscribers can also us Refund.me – another service that handles flight compensation for people in various countries in Europe.

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