!
Wedding Insurance
Why Get Wedding Insurance?
Picture these horrendous last-minute instances of wedding day trauma:
!
* You are flying out of town to marry and low and behold, you show up at your
favors, no nothing.
* The
DJ gets sick with food poisoning and can't possibly show up so you have to dish out three times as much just to book someone last minute.
* A hurricane prevents you from being able to use the
reception site. Or worse, the reception hall you booked with goes out of business and you lose your deposit.
* The weather is so bad that a significant number of guests from out of town are unable to get to the wedding.
* Your favorite old uncle passes away and things need be postponed.
* The groom gets appendicitis.
* The bride is suddenly called to military duty.
* The
officiant forgets to show up for the ceremony.
* You are serving alcohol at the wedding and your underage cousin gets to drinking and leaves the reception site only to get into an accident or receive a DWI.
What does Wedding Insurance Cover?
These are all situations that can and do occur. If you are planning a huge, elaborate, painstakingly perfect wedding, you can't afford (either financially or mentally) to have something go awry. Nowadays, even a $20,000 wedding can be pricey enough for some to warrant having an insurance policy to cover unfortunate and costly mishaps.
If for some reason something occurs, which prevents or postpones you from having your wedding as planned, wedding insurance covers you financially to make up for any monetary loss (up to a certain extent depending on the amount of coverage you purchase). Bad weather, illness, or vendors that fail to show are all covered by basic wedding insurance. This is not to say that any little rain cloud, a cold, or mix up with the caterer calls for the insurance to kick in. The circumstances must be such that they call for the wedding to be cancelled or moved to a later date.
Often, insurance covers more than just the basics. It will protect you from stolen, lost or damaged goods including
photographs or videos. Bankrupt vendors resulting in a loss of deposit is also usually part of basic coverage. However, liability insurance that covers damage to a reception site or hospital bills for someone who injures themselfspellerr while at the wedding will cost you extra.
What insurance won't cover is
cold feet.
How Much Does it Cost?
Depending on which services you might need, insurance can cost from $185 to $550 depending on the amount of coverage you need. However, before committing, make sure to shop around for insurance companies. Always check their pricing policies and get everything in writing. Also verify that the company is
licensed to do business in your state. Double check with your reception site and vendors before purchasing insurance. You might find that these vendors already cover you in the case of loss, no shows, or other unexpected problems. Talk to your insurance companies that you are already involved with as well as credit card companies. There might be some insurance already included in your policies that you are unaware of.
!
When to Buy?
As soon as you start to put down deposits you'll become financially responsible, so it is a good idea to get insurance as soon as possible if you think that you'll need it. That way, whether something happens the week of the wedding or a week after you put down a deposit, you are still covered.
Related Guides
*
Canceling a Wedding
*
Dealing with Cold Feet
*
Marriage Licenses
*
Prenuptial Agreements
