What is Wedding Insurance & 4 Tips for the Big Day
Tying the Knot? Tie up Loose Ends With Wedding Insurance
What is wedding insurance and why get it? Getting married is a big step. No doubt you’re commemorating with a big celebration. Weddings often come with a (fairly) big price tag. So, have you considered insuring the whole to-do?
As with other sizeable investments, you can insure big events, such as your wedding. But, that’s not the only way insurance can play a role in your big day and the events that follow. Here are four tips for insuring your wedding, rings and more:
1. Big day, big investment – Protect it
Of course, you want your big day to go off without a hitch. But, you also want to prepare for those pesky “what ifs.” What if the caterer backs out? What if the bride’s dress gets lost in her checked baggage? What if your venue goes out of business?
Event insurance typically covers unexpected issues with the:
- Site
- Weather
- Vendors
- Illness or injury
This way you aren’t stuck with the tab. For example, if you need to find a new caterer the day before the wedding, your policy may help with the costs.
2. Say ‘I do’ to covering your rings
Regardless of the monetary value of your engagement and wedding rings, it’s important to protect your investment. It is best to do this right after you buy them. We can help. Call us from the jewelry store if you like. We’ll schedule your new bling on your renter’s insurance, condo insurance or homeowners insurance.
3. Cover your bases by covering your gifts
While you’re dancing the night away, you don’t want someone walking away with your gifts. But, unfortunately, it happens. You may want to consider a policy to protect your gifts. And, of course, you’ll want to include them as part of your home inventory and personal property coverage. Some items, such as collectibles and china, may need scheduled coverage, just like your rings.
4. Start your honeymoon right
If your honeymoon costs as much as a car, it may make sense to get travel insurance. Policies can include coverage for trip cancellation or delay and even medical insurance. Frommers.com says it should cost no more than 8 percent of your trip price.
What is Wedding Insurance – It is there to Protect a Very Important Day
Whether your wedding is a small family affair or the biggest event of the year, you deserve to have a stress-free day. Let us help you select the insurance coverage you want for your wedding and everything that goes along with it. So, when the big day arrives, all you have to worry about is having a great time!