Wedding Insurance
CAN EASE NERVES
Couples spend thousands of dollars on their wedding
ceremony and celebrations. The cost of a wedding varies
depending on geographic location, but according to the
business and financial resource Business Insider and The
Knot 2017 Real Weddings Study, the average wedding in
the United States costs $31,391.
Insurance policies can help couples protect their wedding
investment. Special event insurance provides coverage for
various scenarios, including extreme weather, damaged
gifts, lost jewelry, vendor cancellations or no-shows, venues
closing before the wedding, and canceled weddings,
according to Travelers Insurance. Insurance also may cover
other unforseen scenarios, such as unexpected expenses
from injuries during the wedding or spoiled food.
Policies will pay directly for any damage or injuries that
occur, or reimburse the couple if the wedding is postponed
or canceled. If weddings occur at home, some people’s
home insurance or umbrella policies may cover certain
wedding liabilities. Most wedding venues carry their own
liability insurance, so couples may not have to overlap there.
However, for those who desire extra protection for vendor
mishaps, it is wise to speak with an insurance professional
about special wedding coverage.
Prices for wedding insurance policies can start at around
$100 to $200 for minimum coverage and reach $1,000 for
more expensive ceremonies, according to the financial
advisement website NerdWallet.
Speak with an insurance agent and read policies carefully
before purchasing one. Non-covered issues typically include
theft or loss of an engagement ring; rainy days that do
not classify as extreme weather; switching vendors after a
deposit is made; and risky entertainment, such as fireworks
or live animals.
Protecting wedding expenditures with insurance policies
can provide couples with added peace of mind on their big
days.
FARM
wants to help
make your day special!
Private Events & Off Site
Catering available for
20-400 Guests.
108 E. Kirkwood Ave.,
Bloomington, IN 47408
812-323-0002
farm-bloomington.com
HT-778900-1
Indiana-Wedding.com
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