Wedding & Event Insurance
When you are all swept up in the awesome whirlwind that is the engagement and planning, Wedding & Event Insurance is the last thing you want to think of, I know. Insurance is never fun, but it’s a necessity to protect yourself and your investment.
Why do you need insurance?
The average investment for a wedding nationally was $33,900 in 2019 according to the Knot’s Real Wedding Study. That being said, we see total wedding investments for our clients that range from $75,000 to $200,000+. Either way, that’s a huge investment that relies on many plans and people aligning. We don’t want to think of what bad things may happen, but the reality is, you don’t have to think about it to be protected. You just need to get the insurance.
What does it cover?
Typically, you start with General and Host Liquor Liability coverage. Depending on your coverage, you could be protected in the event:
- you have to cancel because of sudden illness or injury
- if your venue cancels
- a hurricane or severe weather makes it impossible to host
- if a vendor goes out of business, etc.
Now that being said, read the coverage carefully. There’s no point in wasting your money on a plan that doesn’t cover anything realistic.
To get coverage, talk to your homeowner’s insurance agent to see if they have a way to help. If not, try out these websites:
- https://www.markelinsurance.com/event/reviews2
- https://www.travelers.com/event-insurance
- https://www.wedsure.com/
- https://www.wedsafe.com/Pages/home.aspx
Regardless of where or when your wedding is hosted, we always highly recommend insurance. Be sure to check out other planning advice on our Journal.
Happy Planning,
Trish
