Wedding and event insurance is cheaper than you think.
Are you planning a big day and worried that weather may cause problems? What about if someone gets hurt? Does your DJ, Photobooth, and other vendors have proper coverage in case of a mishap?
The average wedding costs thousands of dollars (about $30,000 nationwide).
Dreaming of happily ever after? Vendors, event sites and suppliers may fail to deliver on promises. A missing caterer, bridal shop loses your dress, facility is double booked, photographer disappears after the wedding… and the list goes on.
Think it can't happen? Think again, I was the best man of a wedding when the reception hall went out of business between the time of the booking and the wedding day, so I know what that can do to someone's plans. The wedding reception hall went out of business near the wedding date, causing my friend to scramble quickly to find another venue. It's a challenge to find a deal for a wedding reception when you're under the gun for time. Having wedding insurance to help pay for added costs can give you extra piece of mind on your big day.
No need to cross your fingers and hope it all works out. With rain/snow event insurance coverage, you can protect against added costs due to weather. Weddings, Special events, Fairs and Festivals, golf course tournaments, fundraisers, concerts, weather promotions, and parades can receive protection.
Before you hire a special events or wedding vendor, be sure to ask these questions:
1. How long have you been in business? Be cautious with new businesses, especially if they don't have liability coverage.
2. Ask to be named as a co-insured or at least get a copy of their certificate of insurance
3. How much is the deposit? Deposits can vary wildly and are negotiable.
4. What is the cancellation/refund policy? Find out what conditions will enable you to receive a refund (if any).
5. Do you use a contract? Contracts protect both you and the event vendor. Always get everything in writing, especially know what your options are if they fail to deliver.
6. Are there any other fees or costs? Taxes, gratuities, service charges…etc. Make sure everything is clearly stated up front, and in writing.
7. Do you carry liability insurance? Don't work with anyone who can't provide proof of liability insurance. Insurance provides invaluable financial protection to you and your guests. Also, it's a clear sign that the vendor is reputable, responsible, and most of all, professional.
8. How many events do you support every year? The higher the volume, the greater the knowledge and expertise.
The extra effort ahead of time, and on your terms, is well worth it to avoid last-minute panic when time is something you're not in plenty of supply with.
