If you’re planning a wedding, you’re probably already stressed enough. But there are other things you should be aware of heading into the big day, and one of them is insurance.

You might wonder: “Why do I need special event insurance?” Well, getting married can be an expensive endeavor, especially if you’re planning a lavish celebration – thus it’s important to protect your investment. It’s always better to be safe than sorry.

Here’s what you need to know about wedding insurance and what it can do for you.

Special Event Insurance: The Basics

All events have some level of risk associated with them. Whether they’re weddings, graduation parties, or some other kind of celebration, special event insurance is designed to protect you against potential risks.

If an unforeseen circumstance interrupts an event, the insurance can help cover the cost of any deposits that were lost as a result. For example, if an unexpected storm ruins your outdoor venue, special event insurance can help cover the costs associated with rescheduling the event or finding a suitable replacement venue at the last minute.

Why is it important?

It’s important to set aside a portion of your wedding budget for event insurance and to make sure the coverage gets purchased before you start spending money on deposits or contracts.

When it comes to wedding insurance, many people often overlook this optional expense as a waste of money, but it can be one of the best investments you make. It gives you peace of mind that if something goes wrong, you can rely on something else, rather than having to cover unexpected costs out of pocket.

There are two main types of special event insurance:

• Special Event Liability Insurance 
• Event Cancelation Insurance 

Special Event Liability Insurance

Special event liability insurance is a type of insurance that protects the event host from claims of bodily injury or property damage at an event.

For instance, if a guest at a wedding injures themselves and decides to sue for medical bills, special event liability insurance will pay for the cost of damages. It can also cover damaged property as well.

Event Cancelation Insurance

This policy covers expenses if your event must be canceled or postponed due to circumstances beyond your control, such as severe weather or illness. Most policies require proof of your reason for canceling to qualify for a claim. Please note, most policies don’t cover known issues such as COVID-19.

You Need a Team Of Experts in Your Corner

Fortunately, there are a number of insurance companies and agents out there, who specialize in providing special event insurance for all manner of events:

• Wedsure
• Eventhelper
• Eventsured

Hopefully, this guide has given you a better understanding of these services, how they can help your particular event, and where to go from here. As with any piece of special event insurance, you can never be too prepared. Now that you have all the information you need, it’s time to make your choice, and make sure that everything runs smoothly on the day of your event.