Why Do You Need Wedding Insurance?

Everybody wants to have peace of mind on their special day. Having Wedding Insurance will make that a reality.

Consider Wedding Insurance as an investment. You’ve always dreamed of having a perfect wedding day and you spent a lot of time preparing, but still there are many things that can go wrong – things that you cannot control.

Your wedding insurance policy can cover the following:

– No dress. You can get repair or replacement costs if the bride’s wedding gown or groom’s tuxedo is lost or damaged

– Lost deposits. Reimburse your deposit if a vendor goes out of business, declares bankruptcy before your wedding, or simply fails to show up

– Lost rings. You can receive repair or replacement costs if the bride or groom’s wedding bands are lost or damaged

– Severe weather. If severe weather (such as a hurricane) forces you to postpone your wedding, we can provide reimbursement for certain non-recoverable expenses

– Reimbursement is available if a necessary and unavoidable cancellation or postponement of the event occurs. Reimbursement is available for transportation, food, catering services, property and equipment rentals, hall and location rentals, and more

– Ruined photos. If your photographer’s film is defective, or negatives are lost or damaged, we can help cover the cost to retake new photos

– Call to duty. If the bride or groom is unexpectedly called up to active duty or has her or his military service leave revoked, forcing you to postpone the event, we can provide reimbursement for non-recoverable expenses

– Damaged gifts. You can get repair or replacement costs if your wedding gifts are damaged

– Sudden illness. If the wedding needs to be postponed because sudden illness prevents the bride, groom, or their parents from attending, you can receive reimbursement for certain non-recoverable expenses

– Venue requires insurance. As an additional option to your policy, you can add liability coverage to protect yourself in case a guest is injured or causes damage to property

– Liquor liability. As an individual liability option to your policy, you can add this coverage to protect yourself against liability arising from alcohol-related occurrences (subject to policy conditions and exclusions)

– Additional expense. If a vendor suddenly becomes unavailable for your event but you can find a last-minute replacement, a policy can cover the difference in cost, up to 25 percent of the original contract price

Types of Wedding Insurance

1. Cancellation or Postponement Insurance – this will cover the cost of deposits if you have to cancel or postpone the wedding because of a disaster affecting the venue, the vendor is going out of business, a major member of the wedding became ill or injured.

2. Liability Insurance – this covers damages or injuries that might occur during the wedding. In case one of the guests accidentally damages a priceless art in the venue or in case someone slips while dancing and got hurt.

Both policy types will not cover every scenario but there are Insurance add-ons that you might want to consider getting as well.

– “Change of heart coverage” – in case any of you got cold feet which will not be covered by average postponement insurance.

– Liquor liability policy – this involves alcohol-related incidents that are not covered by the liability insurance.

If you’re trying to decide whether or not to buy wedding insurance, consider the cost of your event and your ability to absorb costs if something goes wrong. If your event is going to top $15,000, it’s generally a good idea to have coverage.

There are a lot of things to consider in buying insurance that’s why having an independent insurance agent can look out for you and your family and we can help you get the coverage that you need at the best price.

Call us today at 301-428-4935.