If you’ve ever gotten married, or even been part of a wedding, you likely know how much work this event requires. Celebrating a marriage doesn’t come cheap. The engaged couple and their families usually bear the cost of the wedding. Therefore, they have a very strong financial interest in the event.
For the investment they put into the wedding, couples want the results to be perfect. However, many events could interrupt the smooth execution of a wedding.
If a wedding experiences problems, then your financial investment could disappear without returns. In fact, your costs may even increase if you have to do damage control in the aftermath of a ruined wedding. The more you’ve spent on your wedding, the greater the likelihood that you need wedding insurance.
How It Can Help You
When you buy wedding insurance, you might be able to recover funds from lost costs. Lost costs can stem from a variety of causes when it comes to weddings.
However, you can only make a wedding insurance claim if you experience unforeseeable, unavoidable problems.
For example, suppose the church or venue floods. You may have to cancel or reschedule your ceremony. A claim on your insurance might help you recover deposits, and re-book another venue. It might also help you recover items of lost property in limited circumstances.
Wedding insurance may also cover weather delays, damages or losses, depending on the situation If you have to move your ceremony inside for rain, you likely won’t have coverage. However, if a massive storm prevents people from coming to the ceremony, you might be able to recover costs.
Understand Exclusions
Keep in mind, wedding insurance usually doesn’t cover everything. If you cancel your ceremony because someone got cold feet, you likely won’t be able to use your policy.
Policyholders should remember that damages to personal property usually have limited or no coverage in wedding insurance. Wedding dresses, rings, and other personal items usually need their own insurance policies because of their increased value. If you want your wedding policy to cover these items, make sure you ask your agent.
Wedding insurance policies only usually cover a limited amount of scenarios and property. Therefore, carefully discuss your plans with your insurance agent. They can use this information to issue a comprehensive policy.
We’ve got you covered. If you need insurance for your big day, call Bene-Marc, Inc. We can get you a fast, free quote for wedding insurance.