Your big day is already big amongst all the decisions that need to be made, but have you ever considered Wedding Insurance?
TWFG Bordman Insurance has partnered with one of our preferred insurance carriers, Travelers insurance and now offers Wedding Insurance.
Wedding insurance is special event insurance that delivers coverage for wedding calamities such as venues closing, vendor no-shows, extreme weather, impaired gifts, illness, or injury and more. Optional liability and liquor liability coverage are also available to protect your interests from untimely catastrophes such as a slip and falls or damage to property at the event. Ensure your wedding insurance has your big day protected for those “just in case” moments.
For many, a wedding can also mean a sizeable investment as couples plan full wedding weekends complete with a rehearsal dinner, wedding and post wedding brunch or breakfast. Understanding what a huge time and financial commitment your special day is, are you sure you are doing everything possible to help safeguard your wedding?
“Scott Humphrey, a Travelers Risk Control professional, has some advice for couples planning for that big day. First, he says they should consider researching vendors before making any deposits. Couples may also want to put a plan in place when holding an event at the height of winter or during hurricane season when weather can affect travel plans and even the ability to hold the event.”
Protection from the Unexpected
A hurricane or a bankrupt venue can mean lost deposits and unexpected expenses, as couples’ race to reschedule or find replacement vendors. Wedding Protector Plan® is an effective way to help protect your wedding from certain unforeseen events, according to Ed Charlebois, Travelers Vice President of Personal Insurance.
“It can provide a great safeguard to protect your investment, both during and after the wedding,” Charlebois said, noting that the policy helps provide coverage for when vendors, such as photographers and videographers, fail to meet their contractual obligations to deliver photos and videos after the wedding. In the event of a lost or damaged memory card, wedding insurance helps cover staging and filming replacement photos and videos.
The insurance also helps provide coverage for additional expenses if the florist does not deliver as specified in their contract. Having a specific, written contract that details the couple’s intent can help avoid confusion. If the vendor breaches that contract, it may allow the couple to recoup their money.
Most wedding insurance carriers do NOT cover COVID/Pandemic related cancellation or issues.
**Source Travelers Risk Control
What Does Wedding Insurance Cover?
Postponement or Cancellation Coverage
Travelers Wedding Insurance cancellation coverage helps protect you from financial loss if your big day needs to be postponed or canceled due to family illness, extreme weather, or some other unexpected reason.
Special Attire & Jewelry Coverage
Travelers Wedding Insurance includes coverage for lost or damaged dresses or attire and special jewelry coverage that includes lost or damaged wedding rings.
Wedding Photo/Videography Coverage
Wedding insurance includes coverage for photos and videos. That means, if your photographer or videographer doesn’t show up for the event, or does not deliver photos and videos when promised, you’re covered.
Lost Deposits Coverage
Wedding insurance protects lost deposits, such as those paid to bakers, caterers, bridal boutiques and wedding venues that go out of business.
Additional Wedding Expenses
Wedding insurance can provide coverage for additional and unexpected expenses that come up, such as replacing a damaged wedding cake, spoiled food and other glitches in catering and entertainment.
Wedding Gift Damage Protection
Travelers Wedding Insurance can provide coverage for wedding gifts (excluding cash and gift cards).
Additional Wedding Coverage
Liquor Liability Coverage
This is optional wedding day coverage that can protect against on premises alcohol-related accidents that can result in your liability. Liquor liability coverage is available up to the liability limit on the policy. Liability coverage must be purchased to acquire this additional wedding coverage option.
Wedding Liability Insurance
Wedding liability insurance is an optional coverage that can covers damages to the venue or injuries to guests.