Wedding Insurance Cost

Typical costs:

• Wedding liability insurance typically ranges from $165 to $200. A $185 policy will typically cover $1 million in accidents.
• Wedding cancellation insurance typically costs $95 to $1,000. Travelers Insurance^[1] equates the fee to about the same as the total cost of one guest.
• Though most companies do not offer it, the National Alliance of Special Event Planners^[2] endorses "Change of Heart" insurance policies, starting at $170. This policy protects the family if the bride or groom changes their mind and cancels the wedding. This is not very common because most companies find it difficult to prevent against fraud with this type of insurance.

• Liability insurance should cover damage to the wedding venue or injury to guests, protecting the wedding couple from a costly lawsuit.
• Cancellation insurance should cover the buyer's costs if the wedding must be postponed due to severe weather (like a hurricane or tornado), parent's death, or sudden illness or military duty of the bride or groom. It also covers replacement costs if key people don't show up, such as the officiant.
• In addition, cancellation insurance addresses service providers. For example, if deposits have been placed and a vendor goes out of business or doesn't show up on the wedding day, cancellation insurance should cover the fees to find a last-minute replacement.
• Additional coverage may often be added to protect the wedding couple if photography, videography, formalwear, jewelry, wedding gifts or rented property (tents, tables or chairs) are damaged or lost. All policies differ on what they do or do not include, so always read the fine print.

• Find out in advance what the deductible will be. A $500 deductible on a policy won't help someone who has lost a $400 wedding gown the day before the ceremony.

• Wed Safe^[3] allows couples to purchase both a liability and cancellation insurance package in order to save up to 15% off the total cost.

• Before purchasing wedding insurance, The Knot^[4] recommends checking with each vendor, such as the reception site or the caterer, to see if they already offer coverage for losses through their contract.
• Some insurance companies allow customers to purchase coverage up to 2 years in advance of the big day. After putting down a large deposit on a venue, couples will want to make sure insurance coverage is already in place in case the venue burns down, for example. Check the company's policy to see how far in advance coverage can be purchased.
• Though wedding cancellation insurance can cover many categories like no-show vendors, weather and illness, there is typically a specified maximum amount for each category.
• Study the sample wedding contract at Protect My Wedding^[5] and make sure an insurance contract is detailed about what is or is not covered.
• The Better Business Bureau recommends using a credit card for as many expenses as possible, making it easier to receive a refund or dispute the charges for poor service. Research wedding vendors and read reviews on BBB.org^[6] before booking them.

1.  /www.travelers.com/about-us/careers/index.aspx
2.  www.nasep.org/wedding-insurance.jsp
3.  /www.wedsafe.com/Pages/home.aspx
4.  wedding.theknot.com/wedding-planning/wedding-problems/articles/wedding-insurance-101.aspx
5.  www.protectmywedding.com/pdfs/sample_policy.pdf
6.  www.bbb.org/en/us/search

Check Out All Costs for Weddings		How Much Does a Groom's Suit or Tuxedo Cost?		How Much Does a Champagne Toast Cost?		How Much Does a Beach Wedding Cost?

Today's Featured Cost Articles

Is this the summer to finally take those swimming lessons? A BBQ grill could be handy with Memorial Day coming up. Spring has sprung. Are you thinking about allergy shots? Mother's Day is coming up. We cover the cost of massages and other spa treatments. April is craft month. We have the cost of scrapbooking and other crafts.

About CostHelper

CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community

Portneuf medical hospital ER Paid: 210.00 they told us that the bill for the ER visit was only $210. later on we receive a bill for $1000. i got around 4-6 blood tests. all im mad about is that they lied to us... [more] -Gino Smile Blood Tests Cost Renovation ducting...never had central AC Paid: 1250.00 Renovating a guest house that never had central AC, therefore had no ducting...owner removed the ceiling as it had to be replaced anyway... [more] -CPace Ductwork Cost Flu symptoms Paid: 5932.68 Couldn’t stand headache pain when I caught the flu in March 2019. Threw up pain relievers, couldn’t eat or drink. After 5 hours of pain decided to hit ER... [more] -GayLynn Emergency Room Visit Cost Financing Paid: 20000.00 How do people afford wells? No one finances?... [more] -Kourtney Well Drilling Cost 1 yr 23lb Male Neuter Paid: 424.08 The price would have been $282.08, but I opted for the blood work and to have it done via laser versus scalpel. I was still surprised by the cost, but I didn't really have anything to compare it to... [more] -Joelle Dog Spay or Neuter Cost Is this cost of tax preparation correct Paid: 1845.00 Each year our tax preparation cost goes up faster than inflation. we started at $800.00 in 2012 and now our bill for preparing taxes this year is $1,845.00... [more] -smallbizchris Business Tax Preparation Cost