DO YOU NEED WEDDING INSURANCE?
Weddings are an expensive occasion. When you’re planning your wedding, you might wish to consider buying wedding insurance to cover any financial investments, it could be cheaper than you might think!
Wedding insurance can help protect you and your guests in case something goes wrong. It can cover things like cancellation or postponement, lost or damaged gifts, and even accidents or injuries during the wedding. Should the venue go bankrupt, a member of the wedding party becomes ill or a supplier for the wedding doesn’t come through on their arrangement you’ll have financial protection in place.
Although wedding insurance isn’t compulsory, it’s a good idea to have it just in case something goes wrong. The cost of wedding insurance usually depends on the size and location of your wedding, as well as the add-ons that you choose. But it’s worth considering if you want to be sure that your special day is protected.
WHAT’S COVERED BY WEDDING INSURANCE?
Whatever your big day looks like, it’s great to know what you’re covered for with wedding insurance. Each policy is different, and we advise that you read your policy documentation for a true understanding of your cover, however, below is a list of what is usually included in wedding cover:
Cancellation or postponement
If you or your partner need to cancel or postpone your wedding due to an unforeseen circumstance such as illness or work commitments, cancellation cover can help reimburse any non-refundable deposits.
If your wedding dress or suit is lost or damaged before the wedding, wedding insurance can reimburse you for the cost of replacement or repair.
Arrangements and suppliers
Your wedding arrangements insurance will usually cover the costs if something happens that means you’re unable to use your original wedding suppliers. This could be if your caterer lets you down or your photographer cancels on the day.
Problems with the venue
If your wedding venue cancels or postpones for any reason, wedding insurance can help cover any extra costs that you might incur. For example, if the wedding reception needs to be moved to a different location because of damage to the original venue, wedding insurance will allow you to rearrange to a similar standard as the original.
Lost or damaged wedding rings
Wedding rings are often one of the most expensive items you’ll wear on your wedding day, so it’s worth making sure they’re covered. If your wedding rings are lost, stolen or damaged before or during the wedding, wedding insurance can help to cover the cost of replacement or repair.
Photography and videography
Your wedding photos and videos are a lovely way to remember your big day, so it’s worth making sure they’re protected. If your wedding photographer or videographer cancels, is unable to attend or if their equipment is damaged, wedding insurance can reimburse you for any additional costs you incur.
HOW MUCH DOES WEDDING INSURANCE COST?
The cost of wedding insurance varies depending on a number of factors such as the size and location of your wedding, as well as the add-ons that you choose. When comparing quotes for wedding insurance, you’ll need to provide some information about your wedding including the date, location, number of guests and what type of coverage you’re looking for. You can then compare quotes from different insurers to find the best deal for you.
WHAT ADD-ONS ARE AVAILABLE FOR WEDDING INSURANCE?
Sometimes you might want to add to your wedding insurance to cover extras you’ve got planned for your wedding. This can include an array of things, however here we have listed some typical optional extras available.
If you’re planning on hiring a marquee for your wedding, you can add this to your wedding insurance policy. This will cover you for loss of, theft of, or any damage caused to the marquee or its contents. If you’re hiring a marquee through a service it is best to check whether they have their own insurance before adding it to your own wedding insurance.
Public liability cover
This is an optional extra that covers you if a wedding guest is injured or their property is damaged as a result of your wedding. For example, if a wedding guest trips and falls over or if wedding decorations fall and damage property, public liability cover can help to protect you from any claims made against you. This insurance cover is often available for either the wedding couple only or the wedding couple and guests.
Ceremonial swords cover
If you or your wedding party are planning on using ceremonial swords, daggers, or other regalia during the wedding, you can add this to your wedding insurance policy. This will cover you for any loss of, theft of, or damage caused to the swords.
WHAT IS EXCLUDED FROM WEDDING INSURANCE?
Most wedding insurance policies will not cover you if you decide to cancel your wedding due to ‘cold feet’. This is because wedding insurance is designed to protect you from things that are out of your control, such as supplier failure or venue damage.
Acting against medical advice
If you, your partner or a member of the wedding party are advised by a medical professional not to go ahead with the wedding, most policies will not cover you. This is because it’s not considered an unforeseen circumstance that’s out of your control.
If you need to cancel or postpone your wedding due to financial difficulties most policies will not cover you. Wedding insurance is designed to protect you from things that are out of your control, such as supplier failure or venue damage.
WHAT INFORMATION IS NEEDED TO GET WEDDING INSURANCE QUOTES?
To get accurate wedding insurance quotes you’ll need to have some information to hand. Firstly, you’ll need the date on which you’re going to be wed and if your reception date is separate that will also be needed.
Next, you will also need the total cost of your wedding with everything included and have thought about any optional extra protection such as marquee cover.
Finally, you’ll need the details of you and your partner, including name, date of birth and your contact details. Once you’ve collected all this information you can start to compare wedding insurance quotes through our comparison service.
What cover options are available?
No, your home insurance policy will not cover your wedding. You will need to purchase a wedding insurance policy to be properly covered. However, you can add your engagement ring to your home insurance policy to provide cover should you lose it or it gets stolen.
These might be covered if there has been no incident, but it is best to check your policy’s wording. If there has been a problem before you took out cover, you may not be covered for it under a new insurance policy.
When travelling abroad for your wedding it is best to add the expensive items you’re travelling with to your travel insurance or home insurance . This can include rings, dresses, ceremonial items and so on. Remember to keep all receipts and value the items as accurately as possible.
When comparing insurance for weddings abroad, make sure you’re getting the protection you need. For example, some policies will only cover certain countries. It is best to check the wording on your policy for all coverage details.
To lower the risk of making a claim on your wedding insurance and causing yourself further stress you should look to use reputable suppliers for your wedding arrangements. Use secure storage for your wedding rings and other important items. Be vigilant on the day of your wedding to prevent theft or damage to property.
Sometimes the worst does happen and you need to make a claim on your wedding insurance. The first thing you should do is contact your insurer as soon as possible to get the claims process started. If you’re claiming for a damaged item, whether that be a ring, dress or cake, you will need to provide photographic evidence as well as any receipts you have. It is essential that you keep the damaged item, regardless of whether it is in disrepair. The insurer will then assess your claim and determine how much, if anything, you are entitled to or they may even replace the item for you.
Contact your insurer as soon as possible to get the process started.
You may be able to increase your policy cover if you need extra protection due to increasing costs of your wedding. It’s best to speak to your wedding insurance provider as soon as you know you need to increase your coverage to ensure you’re protected.
Cancellation is generally straightforward in the first 14 days of a policy, but this can vary from policy to policy. A good practice is to check your policy’s wording surrounding cancellations.