When it comes to planning and paying for your special day, the last thing you want to think about having to deal with is your plans falling through. There are a number of reasons why someone would want to get wedding insurance, and it isn’t to cover someone who gets cold feet. There are a lot of costs, expenses and situations where wedding insurance could be very beneficial. It can help to protect you against unforeseen events, provide you with a way to recoup your losses and give you some much-needed peace of mind.
What Is Wedding Insurance?
Wedding insurance is a type of personal insurance policy that protects a couple’s investment in their special day from any circumstances that might occur that are beyond their control. Last minute expenses to cover a limo driver that doesn’t show up or a wedding dress that gets damaged and needs immediate repair can all be covered by a wedding insurance policy. There are hundreds of situations that can happen in the weeks, days and hours leading up to a wedding and this specialized personal insurance policy works to provide financial protection.
Some instances where wedding insurance would be beneficial:
- best man’s tuxedo gets lost in airport baggage
- flowers are delivered to the church wilted and broken
- the wedding cake gets dropped on the way to the reception
- wedding dress gets damaged in shipping or gets damaged during a fitting
- the dj or band forgets to show up
- reception hall goes out of business a month before the wedding
- catering company loses its liquor license
These are just some examples of the things that can go wrong when planning a wedding. Vendors, such as limo companies, florists, caterers and live entertainment, all require a deposit to be paid in advance to guarantee services. If one of these vendors is unable to provide services to you at the last minute and you have to hire another vendor to take their place, you could be paying additional fees just to get a cake in time for your wedding or to make sure that there is music to dance to at the reception.
The deposits that you paid to the faulting vendors also need to be recouped and in some cases, that could take awhile. In the case of the reception hall that goes out of business, securing a hall the week before the wedding could be very difficult and very expensive besides. These are just some of the big financial losses that can plague a couple just before or on their big day that wedding insurance would cover.
Should You Get Wedding Insurance?
When it comes to planning a wedding, it is important to understand that if something can go wrong, it is very likely to go wrong. Missed flights, freak seasonal storms, car accidents, damaged custom dresses or tuxedos for the wedding party and other totally unforseen incidents can occur. If you are investing a good deal of money into the planning and execution of your wedding day, it would be a good idea to look into getting a wedding insurance policy.
Speak with your insurance agent in Fall River about getting a personal insurance policy that will cover your wedding. Most basic wedding insurance policies will cover things like the rings, wedding gifts that get damaged or stolen, wedding attire that gets lost of damaged, photos, food and wedding-related deposits for other vendors. The cost for wedding insurance will vary depending on what is covered and how much coverage is needed.
In addition to getting a wedding insurance policy, contact each of your vendors to see how well they are insured as well. Professional businesses should be licensed and insured to cover any unforeseen losses on their part as well. So if something goes wrong with your wedding cake during delivery and set-up, the bakery you use might already have their own insurance and would replace your cake or pay to replace your cake in an emergency.
When Should You Get a Wedding Insurance Policy?
The sooner you get a personal insurance policy that covers your wedding, the better. Before you put down a single deposit with a vendor to hold the reception hall, the church, the preacher or to buy your wedding dress, you should have wedding insurance coverage. Most weddings are planned about a year in advance, so it is not uncommon to be able to buy a 12-month insurance policy.
Check with your insurance agent in Fall River to find out if there are any restrictions or limitations with regard to the purchase date of wedding insurance in your area. While you don’t want to get your policy too far out ahead of your wedding date, you will want to make sure that everything you pay for, secure or do in advance will be covered.
What Won’t a Wedding Insurance Policy Cover?
As with any other type of personal insurance policy, not every incident or issue will be covered through your wedding insurance policy. Here is a rundown of some of the things that aren’t usually covered through wedding insurance:
- cold feet – a change of heart
- jewelry, watches and gemstones – even if they are sewn into wedding clothes
- engagement ring – wedding bands are usually covered, but not the engagement ring
Additional coverage can sometimes be purchased to cover:
- retaking photographs or video after the fact if the original is lost, broken, stolen or mishandled (usually includes re-staging the wedding, including flowers, etc.)
- gift insurance for wedding presents that are mailed to the home and get broken during shopping or wedding gifts at the reception that get stolen or broken
- custom wedding attire including the bridesmaids dresses and the bridal gown, including business failure of the bridal store
- bodily or property damage insurance to cover trips, falls and slips during the wedding
- honeymoon travel insurance if a trip gets delayed or cancelled due to weather or other circumstances
Where to Get Wedding Insurance
Contact your insurance agent in Fall River to find out more about getting wedding insurance to cover the unforeseen situations that could plague your special day. Sullivan Insurance provides a wide variety of personal insurance policy coverages for weddings, homeowners insurance, car insurance and flood insurance that can give you peace of mind when it counts the most. Call or visit today for more information or to purchase a personal insurance policy.