Do You Need Wedding Insurance

As the name suggests wedding insurance looks to protect any money you invest in a wedding that doesn t go according to plan because there are unexpected hiccups or you need to cancel or reschedule.

Do you need wedding insurance. The average wedding costs around 20 000 so find out how to protect your big day with advice to help you decide the level of cover that s right for your situation. Click any of the below for more detail. From our perspective change of heart is not an insurable circumstance. For all the latest news and deals sign up for our weekly money talks email.

Yes most wedding insurers will insure you in exactly the same way they would for any other type of wedding. Wedding insurance which is also billed as special event insurance is an insurance policy that covers cancellation of a major event due to adverse weather or the death illness or serious injury. Unlimited additional insured certificates for your wedding venue and vendors at no additional cost. Think a venue going out of business your reception hall burning down a vendor not showing up or your partner falling ill.

But first speak with each vendor for details on their coverage your reception location or your caterer may carry their own insurance so avoid paying out of pocket for overlapping coverage. But don t worry if you re running behind. Cancelation is a good idea in general but especially relevant depending on your location. You pay for wedding insurance as one payment and policies start from when the cover is taken out and end once your wedding is over.

We re talking everything from vendor troubles and marquee hire to furniture rental personal liabilities or family tragedy. Wedding insurance helps you recoup deposits and vendor payments if your big day is derailed due to circumstances beyond your control. Why get wedding insurance. You may want to buy wedding insurance when you begin writing checks for vendors or other wedding services.

It s important to note for example that cancelling your wedding because the bride and groom break up is not covered by most wedding insurance policies. Up to 5 000 000 in general liability coverage to cover damage to the wedding venue and injury to third parties. Optional wedding insurance coverage is available for. Travelers wedding insurance policy does not provide coverage if anyone decides not to proceed with the wedding.

Compare costs and cover levels of wedding insurance policies offered by all the insurers in the market. If a venue doesn t have its own insurance liability insurance is a must and may even be required. Do i need wedding insurance. You do not want to be held responsible for any accidents especially if you have alcohol at your wedding.