Your Guide to Wedding Insurance
Most couples don’t think about wedding insurance – after all, you don’t want to think about the worst when planning the most important day of your life! However, when planning your wedding, insurance should be an important point on your planning checklist. You never know what the future holds in terms of weather, accidents or other issues, but at least if something does go wrong you’ll have cover against the unexpected.
To help you get the most out of your wedding insurance, we’ve compiled a list of our top ten recommendations. Although wedding insurance is not required, it will protect you in the event that your wedding needs to be cancelled, rearranged, or if a supplier does not deliver.
When to buy your wedding insurance
The majority of companies will let you buy your policy up to two years before the big day. As long as you are unaware of anything that could lead to a claim, you can purchase your wedding insurance as late as the day before the wedding.
Shop around There are a lot of companies that offer wedding insurance; therefore, you should shop around to find the best deal for the amount of coverage you need. You can see a variety of wedding insurance policies that meet your needs on wedding insurance comparison websites.
Ask your venue, photographer, and other suppliers if insurance is included in their quotes to avoid duplication. Check to see if you’ve accidentally doubled up on your insurance coverage, and if you do, you might get a discount.
How much to insure?
The amount of wedding insurance you need depends on how much your wedding will cost in total. Avoid purchasing an insurance policy that costs less than the cost of your wedding to ensure that you are completely covered. If you don’t have enough insurance, you won’t be covered for everything.
Don’t over-insure
Just like under-insuring, you shouldn’t pay more for an insurance policy that covers a lot more than your wedding will cost. This won’t help you and will cost you more money.
Check the excess
The majority of wedding insurance policies include a modest excess that must be paid in the event of a claim. When comparing policies and their prices, keep in mind that this typically costs around £25 per policy. Although they may be significantly more expensive than policies with a low excess, some policies do not have an excess.
Gift vouchers
Some wedding insurance companies will offer a voucher when you buy a policy through them. When you buy wedding insurance from Debenhams, for instance, you can use a £10 gift card for free. The gift card can be used for a special treat or to pay for things like bridal shoes, makeup, and other wedding necessities.
Check what’s covered
Make sure the coverage matches your needs when selecting a policy. Your wedding insurance policy should typically cover:
- Damage to the wedding dress, bridesmaids’ or groomsmen’s clothing
- Issues with or damage to wedding cars
- Loss or damage to the wedding rings
- Damage to the flowers or cake, or both
- Costs of rescheduling or cancelling the wedding because of a problem with a supplier or because of a sickness, accident, or death in the wedding party
(make sure you keep receipts of the flowers, cake, wedding cars, etc in case of a claim)
Check to see if all of this is covered by the policy you’re thinking about buying.
What is not covered
Each policy is unique, but there are some things that will not be covered by your wedding insurance. They include either the groom or the bride getting cold feet, theft, any damage to the wedding attire, and having to cancel or postpone the wedding because you can’t afford to do so.
Add additional cover to your policy
You can choose to add additional coverage. You can upgrade to include coverage for the marquee, public liability (in the event that someone is injured at your wedding and decides to file a lawsuit against you), and even cover for ceremonial swords—all of which come at an additional cost.
We all hope that our wedding day will go off without a hitch, but wedding insurance gives you peace of mind. It assures you that nothing will cost you money if something goes wrong.