Protected: Wedding Insurance. Better To Be Safe Than Sorry.

Why Do I Need Wedding Insurance?

Many people ask if there’s really any need for wedding insurance. Others have little or no idea what wedding insurance really is. We hope our guide can help you navigate the topic of wedding insurance so you’re prepared to make the right decision on whether it is the right thing for you.

You are both madly in love and have been planning your wedding day for a year, so why would you need wedding insurance? There’s no point right? It’s a waste of money; you don’t plan on canceling your wedding. However, you may want to give some thought to the fact that wedding cancellation or postponement happens, perhaps not necessarily because the bride or groom change their minds, but because of something unexpected happening, such as adverse weather or illness. Therefore, you may wish to give some thought to wedding insurance.

What would happen if you were getting married on a luxury Caribbean beach and a hurricane hit the island, making it impossible to fly out? What would happen if the groom fell ill with appendicitis the day before the wedding, and it had to be postponed? What if flooding or a snowstorm meant that you had to postpone the wedding? Any of these events may be protected against when you take out a Markel Cancellation Insurance policy.

How Does Wedding Insurance Work?

Wedding insurance is like any other insurance policy. In this case wedding insurance is designed to cover a couple’s money from circumstances that cancel their wedding and reimburse them those expenses incurred. These events must be events outside of the couples control and can’t be because you simply changed your mind about getting married. For example, you have put down a deposit on a photographer and the photographer runs off with your deposit one week before your wedding and you urgently need to book another one before your wedding. What if your reception is hit by a storm as happened to many a few years ago in the Northeast and the reception hall is wrecked weeks before the wedding. These are the types of big-day financial losses that wedding insurance can help to protect.

What Could Go Potentially Wrong?

Lets consider some example situations. As Sarah gets ready for her wedding and decides to take a few photos in front of the beautiful fireplace an ember bursts and the dress catches fire. Luckily Sarah is ok, but the dress is not. The right insurance policy covers the replacement of the veil and gown.

Mary and Bob are having an amazing wedding day. The weather has been great and the event itself went smoothly. The last thing on their minds was the idea that their wedding gifts were being stolen by a random wedding crasher. Unfortunately, snatching gifts is easier than you may think, and it is becoming more common in today’s society.

The above examples are real and it happens more often that we’d like to admit. In both of the above cases Markel’s Cancellation Coverage, which includes protection against lost or damaged wedding gifts would have helped the couples. Coverage includes protection from other wedding nightmares, such as if a vendor goes bankrupt, damaged photography or even a hurricane that causes the cancellation.

What Does Wedding Insurance Cost?

Markel Event Insurance told us that Cancellation Coverage policies normally start as low as $130. The great news is that policies can be purchased up to 14 days prior to your event so it may not be too late if your wedding is around the corner. Markel also mentioned that couples often opt to get Event Liability Insurance coverage (in fact many wedding reception venues are now requiring couples to purchase this coverage – make a note to check with yours). These policies start at $75 and help protect you if someone causes property damage to your wedding venue or if someone is injured at your event. Given how much is on the line, it sounds quite reasonable to have some peace of mind. Visit Markel Event Insurance or call 1-855-480-9757 to get a free quote, and learn why you should protect your special day. Save yourself the unnecessary headaches that could arise and make sure you are covered.

Final Things to Think About

Every insurance policy and every wedding scenario is different. Be sure to talk to experts who know about wedding or event insurance specifically. The same person who covers your home insurance probably doesn’t know the space well enough. As always when it comes to contracts and insurance, make sure you read the fine print, always. You want to make sure you truly understand every detail of your policy because nothing is more disappointing than having something go wrong and realizing it isn’t covered later on.

Thank you to our friends at Markel Event Insurance who were so patient with us when we asked all our questions. Insurance can be hard to navigate so it was great to get their expert advice. We appreciate the time.

About Markel Corporation
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company’s principal business markets and underwrites specialty insurance products. In each of the Company’s businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at