When you are planning your wedding, as exciting as it is, it is easy to forget small details. Simply put, amidst all the excitement, it’s easy to overlook the fact that events might not always proceed as expected. That’s why you need to know about wedding insurance to give you some peace of mind leading up to the big day. Not sure what wedding insurance is or how it can help? The experts at The Park Savoy Estate are here to break it down for you!
What Is Wedding Insurance?
Imagine wedding insurance as a protective umbrella for your significant day. Wedding insurance offers coverage for unforeseen events, like inclement weather that causes the wedding to be canceled or rescheduled, essential vendors not turning up, or unexpected postponements.
There are two basic types of wedding insurance to consider – liability insurance and cancellation insurance. Liability insurance covers any damages at the venue, such as broken windows, damaged bridal suites, or other issues. Cancellation insurance is intended to cover expenses should your wedding be postponed or canceled.
What Does Wedding Insurance Cover?
Wedding insurance covers a variety of unpredictable scenarios. This spans from serious adverse weather like a hurricane damaging your venue prior to the big day, to essential service providers like caterers or florists failing to fulfill their duties. Additionally, it can cover instances involving a spouse being called back to active duty and medical issues for immediate family members. There are other riders that you can get for your wedding insurance that cover things like wedding attire, jewelry, and photography, but those will add to the cost of your overall policy.
Assessing The Need For Wedding Insurance
The necessity for wedding insurance often correlates with the scale and extravagance of your wedding. If you are planning a small and inexpensive wedding, you might not need wedding insurance. However, if your plans include a grand celebration with a lot of guests and elaborate features, investing in insurance might be a smart idea to protect your investment.
The Cost of Wedding Insurance
Opting for wedding insurance early in the planning stages is advisable, as waiting too long might limit your options. The cost of wedding insurance varies according to:
- Your location
- The insurer
- Coverage amounts
- The size of wedding
- Optional riders
While wedding insurance is an added cost, it is generally a modest portion of your total wedding budget. Realistically, this is a small price for considerable reassurance!
Guaranteeing Your Day at The Park Savoy Estate
No one anticipates problems on their wedding day, but unexpected incidents can occur. Wedding insurance acts as a contingency for large issues that occur. However, it is also reassuring to have a skilled wedding coordinator and venue that has stood the test of time. So, as you consider safeguarding your wedding through insurance, remember that the choice of venue is equally pivotal. At The Park Savoy Estate, we don’t just offer a picturesque setting for your nuptials. Our committed team ensures your day progresses without a hitch. Contact us to arrange a visit and start planning your perfect wedding at one of New Jersey’s premier locations.