What is Wedding Insurance and do you really need it?
Planning a wedding is stressful enough for many, not considering all of the things that can go wrong on or before the big day, like the bride or groom falling badly ill or uncooperative weather that can ruin the special day.
The average cost of a wedding is $25,000, so there’s a lot at stake if something goes wrong. You can cover the associated risks with wedding insurance, which covers almost anything that can go awry, like:
Natural disasters and fires have put the kibosh on many a wedding. If a fire or flood, for example, shutters your venue, wedding insurance would cover the cost of cancelling the event. Insurance covers rescheduling the wedding and the cost of items such as flowers, rentals and the reception.
Insurance will also cover the cost of cancelling if weather prevents a member of the wedding party or a large number of guests from getting to the event.
The policy will cover you for vendors that don’t fulfill their end of the contract. This includes no-shows that require the wedding to be cancelled. It also covers the losses to your photographer if his bag is stolen at the wedding, as well as lost deposits to the costs of reshooting photos after a wedding.
Stuff sometimes gets broken at weddings, especially at raucous receptions. Guests sometimes do stupid stuff after they’ve been drinking. If any of the facilities’ furnishings are damaged in the course of your wedding, the insurance will cover it.
If one of the wedding party or a parent of the bride or groom is injured or falls ill to the point that they can’t attend the wedding and the event has to be cancelled, wedding insurance would have your back. This would fall under the event-cancellation portion of the policy.
The wedding dress
The policy would also cover associated cost if the wedding dress is damaged prior to the big day and you have to scramble to replace, fix or clean it.
About The Andrew Agency
The Andrew Agency is an insurance broker providing insurance solutions for clients in Virginia, Maryland and D.C. If you have questions about Wedding Insurance or would like a quote for your wedding, contact us at 804.320.2886 or [email protected].