When planning your big day, the last thing you want to think about is a nightmare scenario. Extreme weather may mean your guests can?t get to the wedding location. One of your key vendors may not show up as planned and you may need to pay an exorbitant amount of money on the morning of to acquire a replacement. These things do happen! Keeping these possibilities in mind, it may be tempting to look into getting wedding insurance coverage for your celebration. But is it really worth it" Here are some things to know as you decide what?s best for you and your big day.
There Are Two Types of Coverage
When people talk about ?wedding insurance? they really mean two types of potential coverage: cancellation/postponement coverage and liability coverage. Cancellation coverage is meant to cover postponement of your wedding due to events beyond your control such as extreme weather conditions, additional costs incurred due to vendor no-shows, and even sometimes postponement due to sickness or injury to the couple. Liability coverage is provided in case someone is injured during the wedding or if there ends up being unexpected property damage. It?s important to know that both of these parts are options for wedding insurance?also known as special event insurance?because there are different reasons why you may want to consider each type. Most wedding insurance also offers a variety of additional policies that can be taken out for more specific concerns, such as for attire (hello, wed...