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

Three quarters of Americans will be affected by the polar vortex. Here's information on clearing snow. The price of a "Forever" stamp increases to 55 cents on January 27, 2019. What would a personal trainer cost to reach those New Years goals? It's the New Year. Looking for a gym membership to keep to that resolution? Who is planning your big holiday event? A catering company may be able to help.

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

Windshield replacement Paid: 560.00 ... [more] -Christine Brown Windshield Replacement and Repair Cost Outer CV Boots Paid: 700.00 Both outer boots. Quoted about $350 each. Wish I had the time to take it to shop around like esyriac did... [more] -DangerousCurveAhead Replacing a CV Boot Cost Cost of Annual Mammograms Paid: 772.00 I Had a routine mammogram then had to have the right side repeated(needed a better reading). Insurance said it was not covered in our policy. Firelands Regional Medical charged me $241.00 for the routine mamo, then charged me $256... [more] -MonaL Mammogram Cost DETAILED MY 2006 FORD FREESTYLE Paid: 150.00 IS $ 150 TO MUCH TO PAY TO A PERSON TO DETAIL A 2006 FORD FREESTYLE IT WASNT WAX IT CLEAN BUT I THOUGHT DETAILING WOULD BE BETTER THAN IT REALLY LOOKS... [more] -SHEILA DELOACH Auto Detailing Cost Expensive puppy shots Paid: 91.00 2nd set expected to be 150.00 and 3rd 132... [more] -Michael Gray Puppy Shots Cost I’m looking for a church, reception, and pastor to do our wedding at in or around Danville, Va Paid: 200.00 I want a church to get married at we have never been married either of us and we don’t have a lot of money to work with but we still want to have a nice small wedding and reception in our area Danville or chatham... [more] -Maurisa Wedding Chapel or Site Cost