Making sure you’re covered for all kinds of surprises can give you peace of mind and allow you to focus on what really matters—celebrating your love with family and friends! One smart way to protect your special day is by purchasing wedding insurance.
What is it?
Wedding insurance helps protect your money if something unexpected cancels or changes your wedding plans. It covers things that happen before or on the wedding day that are out of your control. Since weddings can be costly, insurance helps keep your money safe.
What exactly can it cover?
- Location - Any damage or inaccessibility to the ceremony site due to the building going out of business or damage.
- Climate - It may cover things like flowers, tents, and food if weather conditions prohibit anyone in the immediate wedding party or the majority of the guests from attending the ceremony.
- Vendor - If an essential caterer or officiant can't make it, it covers the costs or rescheduling or postponement.
- Illness or injury - Covers unexpected sickness or injuries of the essential wedding party. This doesn't include pre-existing medical conditions.
- Gifts - Some wedding insurance plans pay for lost or damaged wedding gifts, up to a certain amount.
What does it NOT cover?
- Cold feet - If you change your mind, you won't get any coverage.
- Jewelry - Jewelry, such as watches and precious gems may not be covered by standard wedding insurance. While wedding rings are typically included, engagement rings often require additional coverage. To ensure your engagement ring is protected, you may need to add extra coverage, known as a rider, to your policy
When should you get it?
Although most insurance companies have restrictions on how far in advance you can buy your insurance, you should look into getting your coverage as soon as you can.
What does it cost?
The cost of wedding insurance depends on the type you choose. The two main types are Liability and Cancellation. Other factors—like where your wedding is and how much coverage you want—also affect the price. It's a good idea to compare a few different policies to find the best fit. In general, you can expect to spend between $75 and $550 on wedding insurance.
Should you get it?
Deciding if you need wedding insurance depends on a few things. First, check if your wedding venue already has insurance and what that covers—you might not need anything extra. Also, see if your credit card offers protection. Some credit cards let you dispute charges if something you paid for wasn’t delivered or wasn’t what you expected. This could help with things like deposits, wedding planner fees, or your dress.
Wedding insurance can be expensive, but it can be worth it for the peace of mind—especially if you're getting married in a high-risk area or worried about things you can't control!
