Do You Really Need Wedding Insurance?

What comes to mind when you think about insurance? Maybe health insurance, car insurance, or homeowner’s insurance, right?. 

Each represents common “might-go-wrong” scenarios that can be costly.  Purchasing these policies prevent high out-of-pocket costs. 

Not think of another high-ticket item. Yep, your wedding. 

The good news is, you can easily purchase wedding insurance.

Just like other types of insurance, wedding insurance, which is also sometimes known as special event insurance, exists to protect you from paying out of pocket for certain unlikely instances associated with your event. 

These instances, like sudden illness or weather, are scenarios that either can or will prevent your wedding from occurring. Additionally, wedding insurance also acts to protect you (and your guests) on the day of your wedding by having liability woven into the policy.

What wedding insurance protects

As we mentioned above, the purpose of wedding insurance is to protect you from various unlikely but possible scenarios, such as:

  • Illness and Injury: If you, your partner, or a member of your wedding party becomes ill or injured and their absence will cause significant impact to your day, wedding insurance can help to alleviate associated postponement changes should you need to go that route.
  • Liability: The most common reason to purchase a wedding insurance policy is to obtain liability coverage. Many venues will ask you to obtain a policy that includes up to $1,000,000 of liability. This allows everyone involved to be protected from any personal injuries or property damage that may occur while you and your group are onsite.
  • Vendors: Many venues have a list of preferred vendors they encourage couples to use for services associated with their wedding (catering, photography, etc). We have one! If a couple decides to book team members outside of the ones the venue recommends, wedding insurance helps to protect them from any wrongdoing, like the vendor suddenly canceling their services.  
  • Weather: If a weather event, like a hurricane, were to pay Savannah a visit and impact your wedding day, your wedding insurance would help to cover any fees associated with changes you now need to make.

What wedding insurance doesn’t protect

Although wedding insurance does cover plenty, it doesn’t cover anything. These are the top two things wedding insurance does not protect against:

  • Cancellation: If you or your partner decide to not move forward with your wedding due to either party feeling uncomfortable, a wedding insurance policy will not cover this type of cancellation.
  • Coronavirus: The pandemic is still with us, and most policies do not recognize coronavirus as a natural event or illness that would cause them to intervene with financial assistance.

Why we recommend adding wedding insurance

Because the cost to obtain wedding insurance is relatively low (most policies are under $200), we highly recommend opting in for the simple reason that it provides peace of mind in addition to tactical assistance. Consider adding it as soon as possible (it’s great to have while you’re still planning) and make sure to cover all of your wedding’s events, including your rehearsal dinner, wedding day, and post-wedding brunch.