by Allison Teetsel on Sep 28, 2015
You’ve planned your special day, and you hope it will be perfect. Unfortunately, disaster can strike at any time. Wedding insurance can protect you from loss or hardship caused by circumstances outside of your control.
Wedding insurance is a policy that protects your financial investment from certain circumstances beyond your control. For example, what if your venue goes out of business? Or what if the groom’s tuxedo gets lost in airport baggage, and he has to buy a new one at double the cost? These are the types of big-day financial losses that wedding insurance protects against.
You can also add optional liability coverage to your policy. Wedding liability insurance provides coverage for bodily injury, property damage, and personal injuries to third parties at the location of your event. General liability insurance covers up to $1,000,000 for accidents.
A basic wedding insurance policy typically costs anywhere between $155 and $550, depending on the amount of coverage that you want.
Most couples start planning their wedding a year in advance. To protect against unforeseen circumstances, the sooner you purchase wedding insurance, the better. Please note, however, most insurance companies do have limitations on how far in advance you can purchase insurance.
What Is Covered?
Wedding Insurance can protect you in case of site damage or closure, severe weather conditions, vendor no-show, sickness or injury, and more.
Some of the things wedding Insurance can cover include:
To learn more about how wedding insurance can protect you and your big day, contact The Reis Group.