Weddings are an event in life that is an actual milestone. It’s one of the most important days of your life because it ushers in a new era – going from “me” to “us”. As such, the event itself can be large, fraught with details, and every bride wants to get it “just perfect”.
Bride and Groom Wedding Cupcake Design by clevercupcakes
Disasters can strike at anytime, and that includes your wedding day. A vendor could cancel because their cook has the flu. There was a frost and those particular flowers are no longer available. Gifts can be stolen. Gowns can be damaged. As with the rest of your life (home, car, health, even rent) insurance can provide some protection from the unknown. More importantly, it can grant your mind peace.
The average cost of an American wedding in United States is around $30,000. It is a large investment of cash. Wedding insurance protects those funds from circumstances outside of your control. It reimburses the expenses that run up. If your caterer doesn’t show up and you have to hire someone at the last minute for a premium rush price – that’s something wedding insurance can offset the cost of. Life – not wedding details – can also happen. What if a member of the wedding party is hospitalized and you choose to postpone? What if a blizzard sweeps through shutting down all travel and you decide to postpone? Wedding insurance can provide you with all the lost costs, minus your deductible. Wedding insurance does not cover changing your mind. The insurance usually doesn’t cover jewelry (other than wedding rings,) gemstones, pearls, etc, even if they’re attached to clothing. Sometimes your engagement ring is also excluded from the policy. Often you can add more to the policy to provide additional coverage at a higher cost. You need to take into account your personal wedding details to manage the coverage you actually should have.
You need to make an informed decision as the whether or not you need wedding insurance. When you book each venue and vendor, be sure to read the fine print or ask what their insurance coverage is. You need to know what your liabilities could be. Be sure to ask your venues and vendors for a copy of their policy. You don’t want to pay for double coverage.
A basic insurance policy, which usually covers the loss of photos, garments, gifts, wedding rings, videos, and cash deposits can be anywhere from $150 to $600. It depends on the amount of coverage you want. General liability usually covers up to $1,000,000 for events like accidents, and the cost is about $150-$200. You should start checking into insurance as soon as you start putting money down and making purchases. Check with various insurance companies. They have limitations on how long before the wedding you can get your insurance.
Takes steps today to protect the investment in this beautiful day. Disasters happen. Life happens. Don’t let it drain your pocketbook. Protect your plans and give yourself peace of mind by using proper planning. Then, relax! Enjoy that wonderful day knowing you’ve done everything you can to protect yourself.
Wedding planning advice is a blog for brides created to help them stress less by providing honest and unbiased wedding advice, ideas, and tips.