Did you know that the average cost of a wedding in the US is $25,200?
Let’s put that figure into perspective – most new vehicles in this day and age cost that much, if not more. You wouldn’t purchase a new vehicle for over $25,000 without purchasing insurance coverage for that vehicle (even if it wasn’t legally required), would you? So why spend $25,000 on your magical day without protecting yourself from potential losses? Our office offers wedding day insurance policies to cover everything from just the basics to the finer details. There are generally two types of policies offered: Cancellation/postponement and General Liability Policies.
Despite all of the effort that goes into planning your perfect day, some things are simply unavoidable. Although Cancellation/Postponement Coverage does not cover "cold feet" or getting left at the altar, it does cover surprises such as:
· Damages to wedding attire, photographs, rings, gifts
· Nonrefundable deposits should the event be postponed
· Forced cancellation or postponement due to a covered reason
General Liability Coverage
Most often, the venue you choose may require a general liability policy to protect them from property damage, bodily injury, or other liability issues the day of your wedding. These policies may also cover the rehearsal dinner and reception venues if necessary. Another common request with such policies is liquor liability coverage to protect against alcohol-related accidents.
These policies may be purchased together or on their own depending on what you are looking for or what is required by your vendor. Given the average cost of a wedding these days, you may be surprised to learn that a general liability policy for wedding day coverage can be purchased for as low as $175 – a small price to pay for peace of mind on your magical day! Call our office to discuss your needs today (518) 523-4321.