Planning a wedding is a major investment. With the average U.S. wedding costing $33,000, having the right insurance coverage is crucial to safeguard against the unexpected.
Core Coverages to Consider
Cancellation/Postponement -Covers non-refundable deposits and fees if you must cancel or postpone due to circumstances like severe weather, illness, or vendor bankruptcy.
Vendor Protection – Reimburses costs if a vendor fails to show up or provide promised services. Covers finding last-minute replacements.
Liability – Provides coverage for bodily injuries or property damage during your event, such as guest injuries or venue damage.
Personal Item Protection – Covers lost, stolen, or damaged items like attire, rings, and gifts.
Ensuring Vendor Coverage – In addition to your own policy, verify all vendors have adequate insurance. Request to be added as an “additional insured” on their policies for extra protection.
Top 5 Common Claim Reasons
Vendor issues (31% of claims)
Property damage (19%)
Weather problems (16%)
Illness/injury (15%)
Attire issues (9%)
Wedding insurance provides a financial safety net, allowing you to focus on your special day rather than stressing over the what-ifs. Work with an insurance advisor to find the right coverage for your needs.
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