According to The Knot, the average cost of a wedding in the US is $31,213. While I’d say that may be a little high for the Capital District’s average, I do weddings all the time that top $20,000 right here in Albany, Saratoga, and Troy.

I don’t know about you, but everything I own worth $20,000, I have insured!

WHY YOU MAY WANT TO CONSIDER WEDDING INSURANCE

Insurance from a reputable insurance plan like the Travelers Wedding Protector Plan covers things like postponement or cancellation of the event, lost deposits, additional expenses to prevent postponement or cancellation, retaking photos if they are lost or damaged, the gifts, the jewelry, and the special attire.

Therefore if the venue is flooded or the couple (or their parents or children) get suddenly ill, they will pay to reschedule the wedding.  They pay for lost deposits and even cost of reconvening your wedding party to take new photos if your photographer drops his camera in the pond!

Also, you can add on liability and liquor liability coverage to your policy.  A lot of venues now require liability coverage for the event, and this is one way to do it, especially if you don’t have a homeowners policy that might extend it.  If you are planning a wedding at your house or a friends house BUY THE LIABILITY.

I understand that with so many expenses stacking up while planning a wedding, often people disregard the thought of wedding insurance as just an expense they can skip, but it is precisely because of those stacking up expenses that a couple needs wedding insurance.

Wedding insurance is not expensive, and if you are spending a good chunk of money on your wedding, get some peace of mind, and insure it.  If you want to talk to someone about what you need, I recommend calling Kerri at 518-785-3700.  She can help you determine if you should buy wedding insurance and what coverage is right for you.