Planning a wedding is one of the most exciting times of your life. Unfortunately, you cannot plan for every possibility. As happy as you are, things can go wrong. This is why many couples are choosing to purchase wedding reception insurance. Wedding reception insurance is designed to help you protect your financial investment in the case of circumstances that arise unexpectedly. For example, if the airport looses your wedding gown and you have to purchase one the day before the wedding your insurance will kick in to help cover that unexpected cost.
Just as with any other insurance policy, wedding reception insurance can vary quite a bit in terms of cost. On average if you are looking at a policy that covers your basic wedding essentials (i.e. photographs, videography, clothing, jewelry, and vendor deposits) you may want to choose a policy that would cover up to $1,000,000. To purchase coverage like that you are looking at spending somewhere between $150 and $300 on the insurance policy. When you are looking at purchasing wedding insurance you want to do it as soon as you are allowed to. This will help to ensure that your financial investments are protected.
It is important that you understand what wedding reception insurance does and does not cover. Generally you can expect your insurance policy to cover issues with the wedding ceremony and reception site, vendor deposits and services, major weather conditions that prevent an essential wedding party member from attending the event, necessary rescheduling, sickness, injury, and military and/or job conflicts. You must also understand what the wedding insurance will not cover. As unfortunate as it is sometimes the bride or the groom will change their mind. Unfortunately, wedding insurance will not cover such a circumstance. General jewelry is not covered by the wedding insurance policy. There is a catch with this. Typically the wedding rings are covered, but the engagement ring is not so you will need to get that covered separately.
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