What Is Wedding Insurance?

Wedding insurance to the rescue! For a small fee you can cover your entire wedding from disaster. A wedding is a very expensive occasion that costs time and money. The average wedding costs more than $16,000, with a percentage of that being paid in non refundable deposits. It's probably the most important day of a brides life and every bride wants their big to be perfect, but what if something were to go wrong?

The majority of companies/brokers that offer wedding insurance will allow you to customize your policy and provide various options such as:

- Damage to dresses and/or suits (includes hired and purchased clothing)
- Stress counseling
- Loss, damage or stolen gifts
- Failure of wedding transport
- Theft or damage to photographers equipment
- Photographer cancellation
- Supplier failure or cancellation
- Cancellation of the Honeymoon
- Cover for legal expenses and disputes with suppliers
- Extreme weather forcing wedding or reception cancellation
- Cancellation of the wedding
- Cancellation of the reception
- Public liability
- Lost rings
- Lost or damaged cake
- Lost or damaged flowers

Should a wedding be insured? Certainly.

Every wedding should have at least the basic level of cover. Anything could happen before or on the big day that is out of a bride and grooms hands. In these harsh financial times its not uncommon for vendors to go unexpectedly bankrupt leaving the bride and groom out of pocket and left to find an alternative vendor at short notice. If the wedding is insured, unfortunate events like this are covered. Basic cover averages at around $50, which is next to nothing compared to the price of the dress or the car hire.

But, before making any decisions it's important to get educated and speak to various brokers. Ask questions. Check out pricing and cover options from various brokers.