If you had to cancel your wedding for any reason, wedding insurance can save you thousands of dollars. Imagine cancelling your wedding and being left with rescheduling fees to pay, deposits to make, and money that they just can’t get back – all on top of the disappointment that comes with the day of your dreams being cancelled.
If you are recently engaged or are have already scheduled your wedding, we absolutely recommend purchasing Special Event Insurance (aka: wedding insurance). Here’s what you need to know.
What is Wedding Insurance?
Special event insurance is used to protect weddings or special events to help cover a broad range of risks, including reimbursements for lost deposits, refundable payments, vendor cancellations and more. According to The Knot, the average Pennsylvanian wedding is around $30k!
Your wedding is one of the biggest purchases you’ll most likely make – and definitely one of the biggest events you’ll ever plan. Not insuring that level of expense, is a huge risk that you just don’t want to take on.
What Does Wedding Insurance Cover?
Special Event Insurance covers a wide range of aspects of a wedding, including:
- Cancellation or postponement of the wedding
- Event photographs and video
- Wedding gifts
- Wedding dresses
- Special jewelry
- Lost deposits
- Extreme weather
- Sickness
If you are concerned about someone getting hurt at your wedding or one of your guests causing damage to the venue, you’ll also want to look into optional Liability Insurance. Liquor liability insurance is also considered optional additional coverage. For detailed descriptions of coverages, check out this list.
How Much Does Wedding Insurance Cost?
You’ll want to choose a coverage level at least equal to the amount you would stand to lose if you were forced to reschedule your wedding. This means that you’ll need to consider all of the purchases and deposits you have made for your venue, jewelry, wedding dress, caterers, entertainment, flowers, cake, invitations, and more. Every little amount you have paid for your wedding should be considered – even postage!
Event insurance can be very reasonably priced and is customized to fit your unique needs. Plus, you can purchase it yourself online here!
Anyone who has a financial stake in the wedding, so you, your parents, or anyone else who is making payments, can purchase wedding insurance.
I’ve Already Started Planning My Wedding. Is It Too Late To Purchase a Policy?
It’s not too late to cover a wedding that has already been planned! Coverage can be purchased as early as two years before the big day, up until 24 hours before the wedding. Purchases that you have already made will be covered as long as you have the receipts.
While love isn’t cancelled this year, unfortunately many events are. Contact us today to learn how to protect your special day (and all of the money that goes into it).
A little more about Blue Marsh Insurance…
When he founded Blue Marsh, Tom Davenport wanted to create a different kind of insurance company. One that’s built on personal relationships and a local presence. One where you, the customer, feel more like a friend.
As an independent insurance agency, Blue Marsh Insurance represents a carefully selected group of financially strong, reputable insurance companies. Therefore, we are able to offer you the best coverage at the most competitive price.
If you’re interested in starting a quote online or having us take a look at your current policies, click here!