Snagged lures can be a frustrating nightmare for International anglers fishing in remote waters where replacement lures are not available for sale. I always make sure to take along a lure recovering aid which is priceless. The best is the Asari Lure aid which is made in Australia. The recovering aid slides down your line and catches onto your lure so that you can free it. It comes with a 25mt spool of strong rope. While fishing the snag infested waters of Papua New Guinea, this device saved our group of fishermen, thousands of dollars getting our lures back from snags. Frabill also makes a great telescope retriever. This device goes out 15 feet so lures in deep water snags can be set free. I highly recommend you take a look at these products which will save you hundreds if not thousands of dollars over time! 
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