Personal Insurance

Why Wedding Insurance Might Be Your Best Wedding Gift

outdoor wedding venue

As you dive into the whirlwind of wedding planning, from selecting the perfect venue to choosing your dream dress, there’s one important aspect you shouldn’t overlook: wedding insurance. Your special day deserves the utmost protection. Here’s why considering wedding insurance might be the best gift you can give yourselves.

What is Wedding Insurance?

Wedding insurance, also known as special event insurance, is a type of policy designed to protect your investment from unexpected events that are beyond your control. It covers a range of potential problems that could affect your wedding, from cancellations or postponements to supplier failures and liability issues.

Why Do You Need Wedding Insurance?

  • Protect Your Investment: Weddings are significant financial investments. With the average U.S. wedding costing upwards of $30,000, protecting this investment from unforeseen events like extreme weather, illness, or vendor bankruptcy is crucial.
  • Vendor Failures: Imagine your photographer doesn’t show up, or your reception venue suddenly goes out of business. Wedding insurance can cover the loss of deposits and additional costs to arrange new suppliers.
  • Liability Coverage: Accidents can happen. Whether it’s a guest injured on the dance floor or damage to the venue, liability coverage is essential. Many venues now require you to have this coverage as part of your contract.
  • Peace of Mind: Your wedding day should be about love and joy, not worry. Wedding insurance offers peace of mind, knowing you’re covered if things go awry.

What Does Wedding Insurance Cover?

  • Cancellation or Postponement: Covers non-recoverable expenses if you must cancel or postpone the wedding due to severe weather, a sudden illness, or other specified reasons.
  • Additional Expenses: If a vendor cancels last minute and you need to book another quickly, this can cover the difference in cost.
  • Event Photographs/Video: Provides reimbursement for the cost of retaking photos or video should the originals be lost or damaged.
  • Special Attire: Covers the cost to repair or replace special attire if it is lost, stolen, or damaged.
  • Gifts: Protects against theft or damage of wedding gifts.
  • Personal Liability: Protects against injury or damage claims made by third parties.

How to Choose the Right Policy

  • Assess Your Needs: Evaluate the scale of your wedding and the potential risks. Consider your venue, number of guests, and the complexity of your arrangements.
  • Compare Policies: Not all wedding insurance policies are created equal. It’s important to compare what different policies cover and their exclusions.
  • Read the Fine Print: Understand the deductibles, limits, and exclusions. Know what is not covered and consider if additional coverage options are needed.

Wedding insurance not only protects your financial investment but also ensures unforeseen circumstances do not dampen your special day. Speak with one of our insurance agents today to find the right coverage for your wedding. Let us help you celebrate your love with peace of mind.

Leavitt Group—national strength, local trust. Leavitt Group is the 14th largest independently held insurance brokerage in the United States. We pride ourselves on our experience and ability to help our clients succeed. Contact an agency near you