Reasons you may want to consider Wedding Insurance
When Don bought a wedding insurance policy for his daughter Jessica’s big day last year, he did it because the event was scheduled during hurricane season and he was worried that weather might force them to cancel. But it turned out they needed the policy for a different reason: The venue, a winery, shut down just two months before Jessica’s Labor Day wedding. They found themselves scrambling for a new location — and out the $30,000 they had already paid to the winery. Vendors who can’t fulfill contracts are the most common cause of wedding insurance claims. Here’s how insurance can help.
Wedding disaster No. 1: Vendor fails
Vendor issues, like the venue going out of business, make up 30% of wedding insurance claim dollars. Wedding insurance policies will often reimburse you if you have to book a last-minute vendor or reschedule the wedding if a vendor backs out.
Wedding disaster No. 2: Someone gets injured
Weddings are fun. Often they’re so much fun that someone can get hurt. If there’s an injury at your wedding, you could be held liable — and that’s what wedding liability insurance is for. Wedding liability insurance is typically a separate policy from cancellation insurance, though they can be purchased in a bundle. As you might expect, there are many injuries that occur on the dance floor. In some cases, you could also be held liable if someone drinks too much and causes an accident. Liquor liability coverage may be sold as add-on coverage for wedding liability policies or included at no charge.
Wedding disaster No. 3: Extreme weather
When you’re booking the venue months beforehand, you cross your fingers and hope for good weather. Coverage typically doesn’t include a rain shower or a blustery day that might ruin your party’s updos, because the wedding can still go on. But if there’s a tornado, hurricane or other destructive weather that prevents guests or vendors from arriving, a cancellation policy pays for costs to reschedule.
Wedding disaster No. 4: Medical emergency in the family
If someone close to you gets sick or injured right before your wedding, the last thing you want to worry about is the money lost canceling or rescheduling the event.
If the bride, groom, their parents or someone in the wedding party is sick or injured shortly before the wedding and can’t make it, cancellation policies typically cover the costs to reschedule.
You friends at Apollo Insurance Services know that your wedding is the day you’ve been dreaming about for years. Make sure you protect those dreams. To learn more about wedding insurance and for a free quote, please click here.