The Sky Is Falling–Wedding Insurance

{The Sky is Falling}

♥Wedding Insurance ♥

Okay not really, but for any bride, when things go wrong on wedding day or leading up to wedding day, it may feel like the sky is actually falling.

No matter how diligent you are, or reputable your vendors promise to be, wedding mishaps happen. This could lead to financial loss for you. But wait! Wedding insurance? Whaaattt? Never heard of such a thing? Yes, it exists.

The thought of dealing with Insurance Companies is about as fun as eating a handful of bumble bees.  Below is a dumbed down explanation for those who cringe when they hear the word insurance.

{There are two main types of wedding insurance}

  1. Wedding Liability Insurance:

Wedding liability insurance protects you in the event of injuries or property damage; …the bad stuff no one wants to think about, but it happens. It protects against alcohol-related accidents, and venue damages caused by guests/party. Candle sets fire, vendor went out of business, guests get food poisoning, elderly guest gets knocked over and breaks both hips…a single liability policy will cover your rehearsal, rehearsal dinner, wedding ceremony and reception. It is required by most venues these days, and it is very affordable. Bonus, it can be purchased up to the actual day of the wedding.

  1. Wedding Cancellation Insurance:

Cancellation insurance covers Military leave, severe weather keeping guests from attending wedding (hurricane, snow, ice, tornado…), sudden illness, vendor bankruptcy, damage to event location prior to wedding, loss or damage to bridal gown, and even professional counseling following a cancellation or postponement. Reimbursement is available for your financial losses or expenses if you are forced to postpone or cancel your wedding.

Obviously, there are exclusions and things insurance does not cover. Cold feet, or a change of heart are not covered by wedding insurance. ALL your vendors should have insurance, and it should be one of the first questions you ask them, but their insurance is not going to extend to the host of the event (you). A wedding insurance liability policy covers the host (you). There are financial consequences resulting from unexpected situations such as the reasons listed above, if something does go wrong, costs can add up quickly. With wedding insurance, your financial investment and dream wedding can be protected. Even if your homeowners insurance provides coverage for events, filing a claim could increase your rates or result in termination of your policy. Primary coverage pays out first! You can choose the level of coverage based on your total wedding budget, consider how much you will spend on your venue, wedding gown, flowers, photographers, and other items. This is the investment you would stand to lose if you were forced to cancel or reschedule your wedding. Policy’s start around $100.

 

Cheers.