Are There Wedding Bells in Your Future?

wedding-couple-boquePlanning a large event such as a wedding can take months or even years to organize. When you finally make the announcement, there is much more ahead. The guest list must be prepared, invitations need to be ordered and mailed out, the dress must be designed and fitted, tux rentals and fittings, getting in touch with caterers, musicians, photographers, searching for the perfect reception hall, plan out travel for out of town guests, transportation, etc. Not only are the arrangements required some time in advance of the big day, but deposits may be required at the time you schedule them. While the average cost of a small wedding can range between $10,000-30,000, more extravagant weddings can easily exceed $30,000. Since we all know that nothing is ever perfect at any wedding, and a disaster is not uncommon, $30,000 is a lot of money to invest in an event that does not go as planned. There are countless YouTube videos, and photos of horrifying wedding disasters shown on the internet all around the country. Limo drivers bail out at the last minute, caterers go out of business, your reception hall is double booked, dresses get damaged or are not ready in time, the weather does not cooperate, gifts may even be stolen.

A Wedding Protection Plan Can Be The Answer

A wedding Insurance policy, like auto or homeowner’s insurance, will protect your investment in the event of an unfortunate disaster. With the right insurance protection, you can be reimbursed for most of your losses. There are some things that are not covered under your wedding insurance policy. You can also take out additional coverage for some of the things that are not covered.

What is Covered:

  • Problems with your reception site – The site becomes unavailable at the last minute, damage to the site, or it closes down prior to your wedding date.
  • Weather –Covers rescheduling the event due to weather preventing main people from getting to the wedding (Bride, Groom, Parents, majority of Guests).
  • Vendors – Covers any cancellations or now shows such as caterers, musicians, photographers, etc.
  • Sickness or Injury – If the bride or groom, or any of the essential parties become ill or injured and the Wedding needs to be postponed.

What is not Covered:

  • A change of heart – If the bride or groom back out, there is no coverage.
  • Jewelry such as watches, gemstones, jewels on clothing.
  • Lost or damaged engagement ring

Extra Coverage:

  • Photos -Some policies will cover you if your photos are lost or damaged, or if the photographer fails to appear as scheduled they will rehire a photographer. Some policies will even pay to re-stage the wedding so the photos can be taken or retaken.
  • Gifts – Coverage pays to repair or replace gifts that are lost, stolen, or damaged even if they were mailed.
  • Wedding Gown – Replaces the cost of the dress in the even it becomes lost or damaged.
  • Personal Liability: Covers bodily injury or property damage caused by an accident at the wedding.

You wouldn’t hesitate to insure your brand new home or a new vehicle to protect your investment, so why take a chance on the most important investment of your life. When you begin to plan out your wedding and start working on a budget, speak with an Insurance Advisor today.