Blog Archive

Home
2018
September
Thursday

Newly wedded coupleWeddings are an expensive affair. The Knot, a famous wedding planning website, reported that weddings in the United States cost approximately $33,391 in 2017 alone. The total could also go up depending on the location of the wedding. For instance, couples in Manhattan, New York can spend as much as $76,994 while those from Southern Florida shell out around $40,634.

Given the expense, it comes as no surprise that people can now take out insurance policies for weddings. They fall under special events insurance policies in Cape Coral and now rank alongside car insurance, home insurance, and flood insurance in Florida. Wedding expenses are investments, after all, it says on the website of Gulf Harbor Insurance, a provider of personal insurance policies in the Sunshine State.

So, what exactly does wedding insurance cover, and why are couples spending extra for it?

Protection from Unprecedented Circumstances

Few other occasions bring together a diverse and large number of suppliers in one event. Weddings are expensive because they call on different suppliers for various needs. There’s the wedding venue, food caterer, wedding cake baker, dessert caterer, beverage caterer, and suppliers for the flowers, lights, decorations, sound system, and music equipment — the list could go on and on.

These suppliers require a down payment to book their services. If any of them suddenly cancels due to unforeseen circumstances (ex: the supplier goes out of business, a calamity hits the supplier), it might be difficult to get back the reservation fee. Wedding insurance reimburses those expenses .

Protection from Unreliable Suppliers

Cancellations due to unprecedented events are forgivable, but if a wedding supplier is just unreliable and it makes the wedding plans go awry, it’s a bitter pill to swallow. Whether it’s not getting the entourage’s gowns and tuxedos or if the cake was damaged en route to the reception, a couple will want to get their money back. Not all suppliers offer a 100% refund, however, and some don’t give a refund at all. By having their wedding insured, a couple may get a refund in case a supplier doesn’t show.

Option to Postpone

Wedding insurances don’t cover cancellations because the bride or groom gets cold feet. They do, however, provide compensation if the couple postpones the wedding due to sickness or injury (applies to the couple and important guests), bad weather, vendor no-show, and a sudden military assignment or corporate relocation.

It should give couples peace of mind knowing that their weddings have insurance coverage. With the right policy, they can plan their weddings confidently.


Recent Posts

Latest News

  • Industrial Shelves: Do You Have the Right One for Your Business?
    Any business with a warehouse comes with unique storage needs. Without proper storage, pilfering goods becomes easy while access to others becomes a challenge. Inadequate storage solutions also lead to significant losses from spoilt or damaged stock. There are different options for proper storage and easy access. Heavy duty industrial storage cabinets and shelving are […] The post Industrial Shelves: Do You Have the Right One for Your Business? appeared first on GPL Pedia.
  • Do Your Funeral Your Way
    The traditional Victorian funeral with the horse-drawn hearse, a burial in a churchyard, and people wearing black is rapidly dying out. Now, people want to design their own funerals and scatter their ashes where they please. Directing one’s own funeral down to the smallest detail is becoming the latest trend. Crying mourners, drab black clothing […] The post Do Your Funeral Your Way appeared first on GPL Pedia.
  • What to Look for in a Laser Cutting Machine
    Laser cutting has become a conventional cutting method thanks to the precise cuts that the technique offers. When buying a laser cutting machine for your application, multiple factors come to mind. Some of the essential features to consider in a CO2 laser cutter machine include: Software Requirements Different machines have varying software requirements. Some machines […] The post What to Look for in a Laser Cutting Machine appeared first on GPL Pedia.
  • Excuses for Not Earning Your Master’s Degree Online
    Everyone knows how important education is in gaining ground for your career and personal success. Admittedly, there are viable reasons why you are unable to continue or even start earning your master’s degree. The good news is that it’s now possible to take these classes online. Here are the excuses that you will not think […] The post Excuses for Not Earning Your Master’s Degree Online appeared first on GPL Pedia.
  • Ways to Keep the Elderly Healthy
    Since older people are in the last quarter of their lives, they are no longer at the peak of their physical strength. They are more likely to get illnesses, and their internal organs will no longer be as good at doing their tasks as before. Older people are also highly susceptible to accidents that can […] The post Ways to Keep the Elderly Healthy appeared first on GPL Pedia.
Copyright 2012 Builder - Company. Design by OrangeIdea