My recent columns about a wedding location having financial and legal problems stimulated calls from nervous bride-to-bes – well, mostly worried brides’ mommies – questioning whether the place would still be in company for their approaching weddings.
“Do you have insurance coverage?” I would ask them.Not one personsomeone
had ever become aware of getting wedding event insurance coverage. Which, by the method, isn’t really restricted to wedding events however can be bought for all sorts of pricey events you may be preparing.
“Lots of people do not knowhave no idea it exists,” Ed Charlebois, a vice president of individual insurance coverage at Travelers informed me. “The average cost of a wedding is $25,000 to $30,000. Exactly what else do you invest $30,000 on that you don’t insure?”
Although many places require couples to purchase general liability insurance coverage, that safeguards the location.The Edison and
Ford Winter season Estates in Fort Myers requires couples to have $1 million in liability insurance for use of the historic property and premises, said Ashley Gibbons, the former event coordinator for The Estates and now its public relations/marketing planner. If for some reason the estates cannot hold your wedding, Gibbons said, you get 90 percent of your cashcash back. As well as though wedding events at The Estates are just scheduled beyond the rainy period due to the fact that they are all outdoors, people must have a “plan B” for where they will certainly hold the wedding event in case of inclement weather, she said.The venue
may give refunds for the leasing, however you must still have coverage for things like deposits for the video jockey, flowers, photographer or catering service, Charlebois said. If among those were to back out and you needed a last-minute replacement, insurance would cover a lost deposit and as much as 25 percent of any extra costs you incur.Sometimes, Charlebois said, there are other things outside of your control that disrupt your strategies. Military deployments can frequently conflict with a set up wedding event and wedding insurance coverage will certainly cover cash that might belost on deposits or perhaps invites that had already been printed.The DiamondHead Beach Resort and Day spa holds a minimum of
one special occasion a weekend, said basic supervisor Neil Hopgood. Hopgood stated insurance would likely not be needed for a wedding event since the resort provides refunds depending on the variety of days out a cancellation occurs. If there is adequatesuffices time to re-book the area, the customer is generally not charged, he said. If there is an “Act of God” the resort will certainly attempt to re-book the occasion for another date.Cynthia Mitchell, co-owner of A Beautiful Florida Wedding, a wedding planning business, also wasn’t sure wedding insurance coverage is required. But she said, the discussion about it is coming up more commonly with her clients.Insurance may be a great ideaa great idea for outdoor weddings in the summer, Mitchell said, but the value depends on the venue. She offered as an example, the refurbishing
of the Marriott on Marco Island, which indicated some scheduled weddings couldn’t take locationoccur there.” Marriott took care of them, however what about a hotel that doesn’t have those resources?”she asked.According to TheKnot.com, a wedding event site,
a typical wedding event costs $25,000, as well as more in urban areas. About 50 percent of the cost is the reception, but
at least 10 other products and services– rings, stationery, music, flowers, transportation, and so on– comprise the rest, representing anywhere from 2 percent to 10 percent of the total cost.The more parts something has, the much better the possibilities are that a person of those parts will certainly fail. So I’m thinking wedding event insurance coverage is an excellent concepta smart idea, even if all you’re paying for is a little
comfort during among the most difficult times of your life.Contact: TellMel@news-press.com; -LRB-239-RRB-344-4772; 2442 Martin Luther King Jr. Blvd., Fort Myers, FL 33901. facebook.com/TellMel and Twitter @tellmel