Wedding insurance is as essential to your wedding planning as the dress. Consider how much you spent on your car, was it less than the sum you are about to invest in your wedding? Would you even consider not having adequate car insurance? No? Then why wouldn’t you insure your wedding – when the average cost these days can fall between two and three times the cost of an average family saloon car?
A wedding insurance policy is comparatively cheap for insurance which covers a wide range of different parts of your wedding day. Cover can be arranged that gives you reassurance about the largest disasters (cancellation) through to some parts that may give minor disruption but not devastating consequences (cars not arriving, for example).
Before deciding on the items that you need insurance cover for, and the value of cover that you will need, it will be worth investigating a couple of other sources of cover that may be available to you. If you have sufficient limits on your household insurance policy, you may find that items such as the wedding gifts, rings and wedding dress/attire are covered whilst in your home. A call to the insurance broker should be able to confirm this and/or give you a quote for the extension of cover required to the household insurance.
Items purchased or booked for your wedding and paid by credit card will often carry a level of insurance cover from the credit card provider. In these cases, a wedding insurance policy may be duplicating cover that you already have. For example, if the florist went out of business before your wedding day, your credit card supplier would most likely cover the refund of any deposit or payment made by the card.