More couples are buying wedding insurance just in case mother nature destroys their wedding venue. An insurance policy can cost from $130 to $350 and protect you from losses due to weather, property damage, military deployment or illness. A larger and more expensive policy can cover over $175,000. Insurance won’t cover your expenses if the bride or groom has a change of heart. Wedding insurance has only been used since the 1990’s. It can cover the deposits, the cake, rings or the wedding dress. Shop around for your best coverage.
- Wedding cancellation insurances covers deposits made to vendors like your florist, photographer and band.
- Wedding cancellation insurance is extremely cheap and could save you a lot of money in case anything goes wrong. It has good value.
- Wedding cancellation insurance will protect you in case you have to deal with property damage or severe weather.
“What cancellation insurance doesn’t cover is a change of heart, said Todd Shasha, managing director of personal insurance product management at Travelers Insurance.”