Why Brides need insurance on their wedding?

Weddings represent one of the largest financial (and emotional) investments any of us make in a single day of our lives.

Protecting that investment with wedding insurance can help alleviate emotional burdens by providing some “peace of mind” and help reimburse covered financial losses associated with the wedding.

Wedding insurance can reimburse covered claims from an unanticipated glass of red wine ruining a wedding dress to unforeseen events that force the cancellation of the entire wedding.

Find out more details on WedSafe.com.
How soon before the wedding can a couple decide to purchase the insurance?

For event cancellation insurance it is best to protect yourself as soon as you begin placing deposits with vendors. Whenever you write a check, ask yourself what would happen if that vendor could not fulfill its obligations.

Even the most reputable wedding vendors can find themselves with financial or other types of problems. And while credit cards do offer some level of protection to the consumer, a wedding insurance policy can provide so many benefits at such a relatively low cost, it makes all the sense in the world to consider protecting yourself.

Has wedding insurance changed over the past two years? How?

With the economy struggling over the past two years, the percentage of vendors going out of business has grown. Wedding Cancellation Insurance can help protect against not only the financial impact of unforeseen cancellation/postponement, but also against vendors who do not fulfill their obligations.

Do wedding insurance policies (price, what they cover) vary between companies? How?

All types of insurance vary not only from company to company, but from state to state. Insurance in the USA is governed by each state’s own Department of Insurance. Find a reputable company who specializes in the type of coverage you are looking for, for example a business dedicated specifically to wedding insurance, and inquire about what products and benefits are right for you.

Are more companies providing the insurance now than before? How many?

Specialized programs such as wedding insurance often see firms who offer this come and go. When researching, look for wedding insurance providers who have been in business, have an established presence and provide the product you need at reasonable rates.

Are more people purchasing wedding insurance? Why do you think that is? (If you have any hard facts/statistics please include them!)

Clearly the trend to insure weddings and events is growing as consumers become more educated about how they can protect themselves from financial loss. While reports indicate that the average cost of weddings has dropped over the past year, it is still among the most significant Wedding and Special Event Insurance investment any us make into one day of our lives. Wedding insurance offers a way to protect that large investment.

Is there anything wedding insurance doesn’t cover that people often don’t realize?

As with any insurance policy, there are exclusions and limitations to the coverage. Actually, consumers should realize that these limitations are what allow an insurance company to price the protection at affordable rates. Since there are so many variables, it is always best to speak directly to a company that specializes in wedding insurance and obtain information based on your specific situation to determine how appropriate the coverage is for you. [via WedSafe.com]