Tuesday's Tip: Wedding Insurance

Your wedding is supposed to be one of the happiest days of your life, however, sometimes the unexpected happens — someone slips on the dance floor, your wedding presents are stolen from the hallway of your reception location, or even worse your venue is shut down by the city.  I was watching the Today Show last week and many brides were saddened and shocked when this happened to them.

 

 
Griffin Mansion, located in the desert of Las Vegas desert is a stunning estate which has billed itself as the destination for dream weddings.  Couples paid more than $20,000 for an all-inclusive package, from food to flowers to the photographer only to have their dream shattered when the family owned business, run by husband and wife Anthony Lopez and Portia Latawiec, was shut down.  Operating for years with proper permits; health officials shut them down for violations after guests at one affair got sick from norovirus.  Although the owners offered to move weddings to a replacement location they refused to give any refunds.  In total 53 couples from 12 different states lost hundreds of thousands of dollars and saw their dream weddings turning into nightmares.

Your venue may ask you to sign a waiver of liability or Release of Liability, which states that they are not responsible if someone gets injured at your wedding. If this is the case, it's a good idea to take out liability insurance on your own. That way, if somebody gets injured during your event, the insurance policy will cover it (instead of you personally). Liability insurance may already fall under your homeowner’s or renter’s insurance policy, but coverage might not be automatic, so call your insurance agent to find out.

You can also purchase specialized wedding insurance in case the wedding needs to be canceled or rescheduled due to weather, health issues or problems with vendors or venues. You can even purchase add-ons to cover lost or stolen equipment, damaged property or other problems. Wedding insurance typically covers only those situations that are outside of your control, but some policies offer “change of heart” cancellations too. Most importantly, be sure to keep all of your receipts and contracts to show the insurance company in the event that you need to file a claim.

 "Live Life With No Regrets"
Sharon Patrice Simply Perfect Peace Events, Inc. and Designs by Shay, the Blog "My Journey, My Way, My LIFESTYLE ~ Celebrating Love, Laughter and Everything in Between..." You or your brand interested in a review? Getting married or having a social event and need assistance? Email Me For All Your Event Planning Needs.

Your wedding is supposed to be one of the happiest days of your life, however, sometimes the unexpected happens — someone slips on the dance floor, your wedding presents are stolen from the hallway of your reception location, or even worse your venue is shut down by the city.  I was watching the Today Show last week and many brides were saddened and shocked when this happened to them.

 

 
Griffin Mansion, located in the desert of Las Vegas desert is a stunning estate which has billed itself as the destination for dream weddings.  Couples paid more than $20,000 for an all-inclusive package, from food to flowers to the photographer only to have their dream shattered when the family owned business, run by husband and wife Anthony Lopez and Portia Latawiec, was shut down.  Operating for years with proper permits; health officials shut them down for violations after guests at one affair got sick from norovirus.  Although the owners offered to move weddings to a replacement location they refused to give any refunds.  In total 53 couples from 12 different states lost hundreds of thousands of dollars and saw their dream weddings turning into nightmares.

Your venue may ask you to sign a waiver of liability or Release of Liability, which states that they are not responsible if someone gets injured at your wedding. If this is the case, it's a good idea to take out liability insurance on your own. That way, if somebody gets injured during your event, the insurance policy will cover it (instead of you personally). Liability insurance may already fall under your homeowner’s or renter’s insurance policy, but coverage might not be automatic, so call your insurance agent to find out.

You can also purchase specialized wedding insurance in case the wedding needs to be canceled or rescheduled due to weather, health issues or problems with vendors or venues. You can even purchase add-ons to cover lost or stolen equipment, damaged property or other problems. Wedding insurance typically covers only those situations that are outside of your control, but some policies offer “change of heart” cancellations too. Most importantly, be sure to keep all of your receipts and contracts to show the insurance company in the event that you need to file a claim.

 "Live Life With No Regrets"
Sharon Patrice Simply Perfect Peace Events, Inc. and Designs by Shay, the Blog "My Journey, My Way, My LIFESTYLE ~ Celebrating Love, Laughter and Everything in Between..." You or your brand interested in a review? Getting married or having a social event and need assistance? Email Me For All Your Event Planning Needs.