It can be easy to have some things slip under the radar when planning your wedding and thinking about all the little details. Picking out your dress and finding a venue are obvious items to add to your to-do list, but what about the things that are sometimes forgotten?
One of the most commonly overlooked things when it comes to planning a wedding is event insurance. Buying the right event insurance will ensure that you’re protected from various risks that could be presented during your wedding day.
Event insurance can protect you in case someone gets hurt or something happens to the venue during your wedding. Below are some important considerations to keep in mind when picking out event insurance.
Picking a Reputable Provider
It’s important to choose from a reputable insurance provider that you trust. This will give you peace of mind and assurance that you’re on the right track. If it costs slightly more for you to go with a reputable provider, the extra cost just might be worth it.
In most cases, event insurance for a wedding is fairly affordable. You should be able to get a quality policy for under $150. However, there are a variety of different factors that can impact price. When you’re selecting a policy, consider examining multiple different options so that you can accurately compare them.
Every event policy will include different things. It is possible to get an insurance policy that will even include coverage for possible cancellation or your wedding dress, but there are also options that are much less comprehensive. It’s important to understand what exactly your policy covers so that you can use it to its full extent if necessary.
If you’re not sure what exactly your policy includes, make sure to ask any questions you have before your big day.
Consider Your Venue
If you haven’t picked out a venue yet, make sure that you ask them about any insurance requirements they have. Some venues are very specific about insurance, while others are more lax.
If you’re going to be getting married outside, consider picking a policy that has cancellation coverage that includes weather situations. This can be a great way to make sure that you’re not having to pay entirely out-of-pocket if it rains on your big day. We highly recommend getting this type of coverage, as it’s a great way to get peace of mind.
Your Emergency Fund
Do you have a wedding emergency fund? If you don’t, you should strongly consider making one. This can be a great way to make sure that you’re prepared for the worst and it can also factor into which insurance you choose. If your emergency fund has enough in it to cover your dress, then you can consider choosing a policy without coverage in this area. However, if you have a smaller emergency fund, you may want to choose a more robust insurance policy.