Is wedding insurance worth having?
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Should we take out wedding insurance or pay for as much as possible by credit card?
Answers (7)
When I got married 4 years ago I didn't bother with it but I think it really depends on just how big the wedding is going to be. In these more uncertain times with businesses folding I think it would be worth it, but don't get over insured, just get what you need
I have never even heard of wedding insurance, but certainly if you can get insurance for free by using your credit card then I'd make the most of that. I think that weddings cost such a lot maybe special wedding insurance is yet another cost that has to be saved for .... is it worth what it costs?
Of course, if you're paying for lots of things by credit card be sure to pay it off or you'll be adding hideous amounts of interest to your total wedding bill.
Yes, it's just in case there is bad weather, someone gets cold feet etc. Anything reaonsable happening that means the wedding can't go through. It is worth it, especially if you're after a christmas wedding as it can be snowing, so if the snow is too bad, then the insurance will cover it. However, be aware that not all insurance companies will cover for freak weather!
I am amazed that it's possible to get insurance that will pay for all the wedding costs if the bride/groom gets cold feet.
So there's my 'thing' learnt for today!!!!!
I'm waiting for Marriage insurance to be introduced!
That's exactly what my partner said!! He thought Wedding Insurance meant after the wedding, if you didn't like your new spouse, you could get a refund!!!
This question has in fact been asked before. Obviously, the answer is, how confident are you without having it? Are you likely to pull out, what about accidents? Cold feet, bad weather. Anything really to stop the wedding should be covered in your insurance. So to not have it, it is a bit of a risk, but if you feel it costs just too much, and you are willing to take the risk, then go for it, it is certainly one of the first things to go when couples go over budget. With Credit card, i'm sure you're only covered for up to £500 aren't you?
Apologies, I did a search for a similar question. Some good points there & you're right that a credit card will cover a smaller amount than insurance.
Don't worry about it!! I doesn't bother me how many times the questions are asked, you can't expect to know everyone that has passed, and even if you have, it's a ridiculous treasure hunt to find the original question!!
Depends how much the insurance costs. My gut feeling is that it would be worth it as you will probably spend a lot on your big day and want it to be special. If anything were to not go to plan you would want to make sure that you were adequately covered.
I've heard stories of people that have had to cancel the reception at short notice due to bereavement and have lost all the money they had paid to the venue which can be thousands. It's pretty shocking that venues can do this but I guess they will have paid out some of the costs already and may not be able to get another customer to replace the cancellation.
id go for it! if the buisness was to go bust, weather issues, credit cards do cover things but they can be picky and are usually looked at as back up cover to your insurance. plus insurance may get you discounts on services ive heard.
As there are so many different things that could affect the event, if the premium is reasonable then it's not such a bad idea to have it. There was no such thing when I got married (not that I'm THAT old) but some people spend such an enormous amount on the day that it would make sense to have it covered.
It depends how big your budget is. If it is a full blown affair with all the trimmings it may be worth it for peace of mind and the costs are pretty reasonable depending on the level of cover you want. Personally I wouldn't bother and feel it is just another form of insurance that can be done without. What is it you are exactly wanting to insure against happening?
There's nothing in particular I think will go wrong, but that's just it, I'm thinking is it worth protecting a fair size wedding against the unexpected.
I'm not sure you can totally cover yourself for the unexpected but if the caterers were to drop the wedding cake on floor or the bridal car got a puncture you may be able to claim for things like this. The groom not turning up....probably not.
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That's definitely a concern that in this climate & using some small companies, it might be worth it!