Newly Engaged?

Event Insurance Alleviates Many Wedding Day Worries

According to an American Express report, nearly six million couples are likely to get engaged on Valentine’s Day. If you are among them, Congratulations!

Likely, you will immediately start to envision your Big Day. Weddings are an expensive proposition from venues to caterers and flowers to formals; the financial stakes are very high. The average price of a wedding can exceed $25,000, and unfortunately, circumstances beyond your control may intervene to ruin the best-laid plans. At this cost insuring the day just makes good practical and financial sense. As soon as you set the date and select a venue, you should consider protecting your event with Wedding Insurance.

For example, what if your limo driver doesn’t show up and you have to book another one the morning of the wedding—for three times the price? Or what if the groom’s custom-made tuxedo is lost in airport baggage, and he has to buy a new one the day before the wedding? What if your reception space goes out of business a month before the wedding, and you lose your deposit and have to book another space? These are the types of wedding day financial losses that wedding insurance can help to protect. –The Knot.

Also known as Event Cancellation Insurance, this coverage will protect you from financial loss if you must cancel or reschedule, or if your wedding takes place as scheduled but you experience a covered damage or loss to your dress, rings, cake, photos/video and more…

Wedding Cancellation Insurance Benefits:

• Protection against lost deposits due to vendor bankruptcy during the planning stage
  (Tip: Inquire about the venue’s coverage for both your ceremony and reception sites)
• Covers the cost of rescheduling the wedding and all details including flowers, tent rental, reception food, etc. if the wedding must be postponed for a covered reason
• Reimbursement of non-refundable deposits if you cancel or postpone for a covered reason
• Coverage of the rehearsal dinner if held within 48 hours of your wedding
  • Covered Reasons:
    • Weather conditions that prevent the bride, groom or “essential” family member or guest from reaching the wedding venue
    • Vendor No-Show
    • Sickness or Injury
    • Military or Job Obligation

Additionally, Wedding Liability Insurance provides coverage for the bride, the groom and their parents as well as the venue. It protects you against property damage, bodily injuries and alcohol related accidents caused by a vendor or guest that may arise during the rehearsal dinner, wedding ceremony and reception. Some venues will require you to name the facility as additionally insured on your policy.

For a relatively small price, Wedding Insurance provides you with some welcome peace of mind during the hectic preparations and on your Wedding Day. Because every wedding celebration is different, we will listen to your plans and customize the best coverage for your event. Then we’ll explain all of the details and make sure that you completely understand your policy. So, as you begin to plan your Big Day, call us at 401-846-9629— we’re here to help!

Also see:
D.F. Dwyer Event Insurance
Understanding Event Insurance
Valentine’s Gifts May Require Special Coverage, learn how to protect your new engagement ring!

Some Content: Nationwide Insurance, WedSafe, Exquisite Bride, The Knot.
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