According to wedding statistics for 2013, the most popular months to get married are June and September. With the average cost of wedding’s rising, now up to $28,000*, wedding insurance is needed more than ever. After all, you wouldn’t buy a new car that costs that much without insuring it against damage. For as little as $160, your wedding insurance policy can cover many situations, such as:
No dress. If the bride’s dress or groom’s tuxedo is lost or damaged, you can get repair or replacement cost.
Lost deposits. If a vendor goes out of business, declares bankruptcy before your wedding, or fails to show up, with wedding insurance, your deposit can be reimbursed.
Lost rings. If the bride or groom’s wedding rings are damaged or lost, they can receive repair or replacement cost.
Severe weather. If severe weather forces you to postpone your wedding, wedding insurance can provide reimbursement for non-recoverable expenses.
Call to duty. If the bride or groom is unexpectedly called up to active duty, or has her or his military service leave revoked, forcing the wedding to be postponed, wedding insurance can provide reimbursement for non-recoverable expenses.
Venue requires insurance. Liability insurance can be added to protect you in case a guest is injured or causes damage to property. Liquor liability can also be added to protect against liability arising from alcohol- related occurrences.
There’s a lot to know when it comes to buying insurance- the types of options available, how much protection you need, and what represents a fair price. That’s why it’s important to have an independent agent like McKnight Insurance services, looking out for you and your family, shielding you from life’s little upsets.
*According to www.weddingstats.org;2013