Protecting your investment and making sure everything runs well on your wedding day is paramount. Modern couples simply cannot afford to be without wedding insurance, which covers anything from severe weather delays to missing vendors. In this article, we are going to provide insights on some of the top wedding insurance companies that you should consider.
If you are on the lookout for thorough coverage, affordability, and financial security for your wedding, then you should read to the end of this article.
What is Wedding Insurance?
Wedding insurance is a type of special event insurance that aids with the financial recovery for the couples in the event of something going wrong on the big day.
Regardless of the huge amount of money spent in planning for your weeding, wedding insurance offers protection for your investment and other valuables.
5 Best Wedding Insurance Companies Of 2024
For couples who are making preparations for their big day and need a form of financial protection and security, we have helped to curate the 5 best wedding insurance companies for you.
1. Wedsure
Coming first on the list of the best wedding insurance companies for 2024 is Wesdure. One of the perks of this wedding insurance company is that it offers change-of-heart coverage, making it one of the top contenders in the industry currently. Wedsure provides coverage for weddings in all 50 states.
Apart from featuring change-of-heart coverage, Wedsure also has cancellation coverage and other policy options that offer protection for valuable items such as jewelry, wedding rings, and special attire.
However, it is important to note that the change of heart cancellation must be done a year before the wedding day.
2. Travelers
Travelers is the second-best wedding insurance company on your list, simply because it is popularly known for its coverage for weddings in international destinations.
Travelers offer a combination of cancellation and liability coverage for couples. Another benefit of getting your wedding insurance from Travelers is that your policy has no deductible.
Furthermore, the policies offered by this company include coverage for gifts, jewelry, photography and videos, lost deposits, and special attire.
3. WedSafe
WedSafe is also one of the top contenders in the landscape of wedding insurance. Although most wedding insurance policies have a lot of similarities, this company is best for couples who have a tight budget for their wedding plans.
WedSafe offers a 15% bundle discount for wedding shoppers who are purchasing both cancellation and liability coverage.
Aside from the discounts, WedSafe covers weddings outside the United States, and it offers more than one coverage amount for property damage. So, you are given the option to select a coverage amount of your choice.
Nevertheless, it is important to note that the wedding insurance policy offered by WedSafe includes a $1,000 deductible.
4. eWed
eWed is another leading wedding insurance company currently; it offers both liability and cancellation coverage. Individuals are also given the privilege to customize their coverage to suit their unique needs.
If you need coverage for events like rehearsal dinners, after parties, or farewell brunches, then you should consider getting your wedding insurance from eWed.
One of the advantages of this wedding insurance company is that you can easily access their quotes online.
eWed is also best known for no-deductible liability coverage. Allow me to add that this company provides coverage only for weddings in the United States.
5. Event Helper
Event Helper is best for couples who are expecting a large number of people on their big day. This wedding insurance company offers the highest amount of liability coverage ($5 million), which guarantees peace of mind.
Event Helper does not include deductibles in its policy, and it offers the lowest prices for coverage amounts.
The only hitch Event Helper has is that it does not offer coverage for weddings outside of the United States.
How to Find the Best Wedding Insurance
When selecting the best wedding insurance for your big day, there are certain things you need to consider, such as:
• Your wedding budget
If you and your spouse prefer to have a modest wedding, you should shop for insurance companies that offer coverage for a low price.
But if your wedding budget is substantial, it is not bad to get sufficient coverage for your big day. In all, choose an insurance company that suits your budget.
• Wedding location
Another thing to consider when choosing a wedding insurance company is the location your wedding is taking place. There are insurance companies that do not offer coverage for some specific location.
So, when on the lookout for an insurance company to work with, ensure the coverage they provide is applicable to the location of your wedding.
• Wedding size and cost
If you’re planning a wedding with a tight budget, you can opt for insurance companies that offer lower coverage amounts.
On the other hand, if you are expecting several people on your wedding day, it is ideal to consider an insurance company that offers a higher coverage for such a situation.
FAQs
How much does wedding insurance cost?
The cost of getting wedding insurance depends on several factors, mostly the insurance company you’re buying from. However, based on research, the average cost of wedding insurance is $162 for $1 million in liability insurance.
Is wedding insurance worth it?
Of course it is! Wedding insurance is designed to protect your big day from several risks, including financial loss. Owing to the fact that most wedding insurance companies offer affordable rates, getting this insurance is worth it.
