What to Know About Wedding Insurance

It’s spring. Love is in the air. However, even the best-planned weddings can result in financial losses due to circumstances beyond the engaged couple’s control.

Luckily, wedding insurance can provide reimbursement for unexpected expenses. Here are some examples of damages a wedding insurance policy will cover:

• A limo driver doesn’t show up on the wedding day, forcing the couple to hire a different company in a crunch at double the price.
• The bride’s custom-made veil is lost at the airport, so she must purchase a new one the day before the wedding.
• The reception hall goes out of business a month before the wedding, causing the couple to lose their deposit and book a new venue at the last minute.

What Else Does a Typical Wedding Insurance Policy Cover?

Here are some common scenarios:

• Venue. The policy covers the costs of unavoidable cancellation—damage to the venue—and if the venue is in an unusable condition due to fire, an electrical outage or has closed. Some policies will also cover the rehearsal dinner site as well.
• Weather. If weather conditions prevent the bride, groom, relatives whose presence is essential to the wedding, or most guests from arriving at the wedding site, the policy covers the cost of rescheduling the event, including all details, such as flowers and food.
• Attire. The policy pays to repair or replace special attire if lost, stolen or damaged.
• Military or job transfer. The policy covers the postponement of the wedding due to the bride or groom being called into military duty or forced to make a last-minute job transfer.

Additional Wedding-Related Coverage Options

Here are some additional coverage options that may be available:

• Photography. The policy covers the cost of retaking photographs if the photographer fails to show up or if image negatives are lost, stolen or damaged.
• Videographer. The policy pays to have a video montage created, a video compilation of photographs created or a video retaken using restaging techniques if the video is damaged.
• Gifts. The policy pays for repairing or replacing non-monetary gifts that are lost, stolen or damaged.
• Personal liability. The policy covers bodily injury or property damage caused by accidents during the wedding.
• Honeymoon. Certain policies include optional travel insurance for the honeymoon.

Talk to Your Insurer

A typical wedding insurance policy covering the loss of photos, videos, attire, presents, rings and deposits is affordable, especially considering a typical wedding budget. Contact Hylant to learn more about how this coverage can help you eliminate wedding-day worries.

Related Reading: Does Your Insurance Cover You if the Unexpected Happens?

The above information does not constitute advice. Always contact your insurance broker or trusted advisor for insurance-related questions.