Couples hope their wedding days will go off without a hitch, but unfortunately, wedding mishaps happen all the time, from dress damage, to weather cancellations, to vendor no shows. Aon Affinity’s WedSafe, which provides wedding liability and cancellation coverage to couples nationwide, recently released its list of top insurance claims from 2016.
“A couple’s wedding day is one of the most important days in their lives and WedSafe is proud to have helped tens of thousands of couples protect their special day through our insurance program, said Steve Lauro, vice president, Aon Affinity. “In the event a couple does experience a mishap with their wedding, WedSafe is here for them.”
The following is a breakdown of the top claims WedSafe saw in 2016:
- 29% – Event cancellation or postponement
No matter how much you try to plan, some mishaps are unavoidable, leading to financial loss. Severe weather, sudden illness or vendor bankruptcies are a few of the most common reasons for event cancellation.
- 28% – Accident or injury
Weddings tend to be large and often include an open bar. Opt for a liability product that covers unexpected injuries and protects against alcohol-related accidents.
- 24% – Issues with wedding vendors
Venues and vendors don’t always come through. If a venue goes out of business after taking your deposit, chances are, you won’t be reimbursed. A no-show vendor could cause added stress on your big day. Event cancellation coverage can help you get back non-refundable deposits or take care of additional, unforeseen expenses.
- 15% – Venue damage
Many venues require you to purchase liability coverage for your wedding day, which comes in handy should any property damage occur at the reception.
- 2% – Lost/stolen gifts or personal items
At large events, items can sometimes be lost or stolen. Be sure to purchase a policy that insures gifts and personal items.
- 2% – Dress damage
A lot can go wrong with your bridal gown. It could tear on the dance floor, or get stained while enjoying food and drinks. If you have a policy that covers your dress, you can have it repaired before preserving it.
For more information on how you can protect your big day, please visit www.wedsafe.com.