For a worry-free wedding, get protection that guards against loss, damage, illness, and other unforeseen events that could affect your big day.
Step 1: Buy early Buy insurance early, before you start writing checks to vendors. Know that some companies have limitations on how far in advance insurance can be purchased.
Step 2: Know what's covered Know what's usually covered, including wedding and reception site issues, weather, vendor no-shows, sickness or injury, and military or job conflicts.
TIP: Most wedding insurance doesn't cover a change of heart so if the wedding is off due to cold feet, you're on your own.
Step 3: Get the right level of coverage Get the right level of coverage, taking into account the size of your wedding and potential problems. Check with your ceremony and reception site for their personal liability, medical, and other insurance coverage to avoid overlapping policies.
Step 4: Consider supplemental damage policies Consider supplemental policies that cover damage to wedding-related items, such as attire, gifts, rings, photographs, and videos. If your photographer or videographer is a no-show, some policies will pay to re-stage the event.
TIP: Rings aren't covered after the wedding day so consider adding them to your homeowner's or renter's policy.
Step 5: Budget the cost Budget the cost of insurance into your wedding. Policies range from a few hundred dollars to over one thousand dollars. Choose a policy that's right for you and enjoy the beginning of your new life!
FACT: According to a 2009 wedding survey, the average cost of an American wedding was over $28,000.