It’s wedding season and no one wants to imagine their wedding day going wrong. However, circumstances beyond our control can impact even our happiest days. Without wedding insurance, this could lead to a lot of lost dollars and heartache. Still, it’s worth asking the question: is it really worth paying for wedding insurance?
Types of Wedding Insurance
- Liability Coverage – This coverage is mainly for guests who may be injured at any point during the wedding or cause damage to the venue itself.
- Cancellation Coverage – Need to cancel or reschedule your wedding? Cancellation coverage allows you to do so while receiving compensation for the thousands of dollars you put into your special day.
- Special Coverage – Special coverage is specifically unique to weddings. This coverage protects things like a dress, tuxedo, cake and flowers.
Do I Really Need It?
There are several factors to consider when deciding whether to purchase wedding insurance. First, you’ll want to reach out to each of your vendors and find out how well covered they are. Let’s assume your reception site already has their own comprehensive insurance, in this case, there would be no need for you to provide additional coverage.
If your venue doesn’t have insurance, you will most certainly want to (and may even be required to) purchase wedding insurance coverage. After investing so much in your wedding already, you don’t want to be the one responsible for any property damage or personal injuries if something were to go wrong.
Another reason to consider purchasing wedding insurance is because of the uncertain times we are living in. The shutdown earlier this year caused couples across the nation to reschedule their wedding. While we’ve come a long way since then, we are still in a period of moderate uncertainty and it makes sense to be covered in case the dust hasn’t entirely settled just yet.
How Much Does it Cost?
When couples are on the fence about wedding insurance, we remind them to consider the price. Most liability policies only cost around $185 and cover up to $1,000,000 of damage. To many couples, the peace of mind that wedding insurance provides makes the cost well worth it.
Choose Wedding Insurance Coverage that Works for You at Freedom Insurance
We offer comprehensive, customized coverage from numerous major insurance carriers and make it easier than ever to find affordable policies that are exactly what you need. We have been serving clients throughout the greater Howard County and Carroll County areas since 1979, and we look forward to helping you and your family thrive. Get in touch today by calling (410) 795-2000 or requesting a free quote.