Wedding insurance for our reception?
Ok here it goes. My wedding reception is going to be at a fishing club my uncle belongs to. For some reason we need insurance. My parents got a good price for my sister's wedding (a little over $400 for 1 million $ coverage), plus at her wedding she had a lot of friends that drank a lot but no one drove home druck and nothing happened. Well, my fiance's father thinks we should go with his insurance which is $1500 because he thinks we need it. We do not really have any hard partiers comings to the wedding and I think everyonje will respect us. By the way both of our parents are paying for half but my parents are giving us $6,000 toward the wedding. I would like to save some of that $ for our honeymoon and only spend $6,000 but if we go with his father's way of thinking we will not have much money left over and my fiance does not care. What should I do please help?
How much coverage for the $1500? I know that 1 million sounds like plenty of coverage, but if you have someone get into an accident that could be exhausted very quickly. Is his father friends with the agent that is quoting $1500? More info please.
Thats rediculous! you can get wedding insurance for up to £100! There is no need to pay anymore than that. For £100 you can easily get full wedding insurance! I paid £99 for an insurance policy that covered upto £30,000 which included cancellations, rearrangements, failure of suppliers, theft of gifts and even damage to the wedding cake on the day. You definitely do not need to pay over that. Also, if you ring round for a few independant quotes, you'll find they'll each try to beat one anothers quotes so you could get it for less than that anyway. There is no way you should be paying anymore.
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How much coverage for the $1500? I know that 1 million sounds like plenty of coverage, but if you have someone get into an accident that could be exhausted very quickly. Is his father friends with the agent that is quoting $1500? More info please.
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the money your parents are giving you is FOR the wedding, not for your honeymoon…..honeymoon is on you….get the $1500 worth of insurance
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I think people don't understand what kind of insurance you're asking for. This isn't "wedding insurance," (meaning that you'll be reimbursed if some act of god prevents your wedding from happening), this is premises liability insurance (which will pay if something happens at your wedding, like someone slips and falls, or gets in a fight, or breaks a mirror in the bathroom).
$1500 sounds like an awful lot to me. I would guess $1 million worth of coverage, with a pretty high deductable (at least $1,000, maybe $5,000) should run something around the lines of $500. I'd shop around, and make SURE you know what the fishing club's requirements are. Most of the time, venues that are not insured will specifically spell out what you have to buy (i.e. $250,000 worth of coverage total, $100,000 per incident, etc.) I wouldn't buy any more than the minimum, and certainly shop around.
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I think there's nothing wrong with saving some for the honeymoon. And even if that's not your goal, there's no reason to overpay for something that basically vanishes if nothing happens. Spend it on better food, or a longer open bar, even if you don't want to spend it on the honeymoon.
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OK well I think that you should explain to your fiance's father that you do not want to spend that much money on Insurance. If he dont understand, then it might be best to ak him to let you and your fiance's to handle who you want to use. Also how much are they giving to help pay for the wedding???? go with the cheapest price fo insurance, you are olny using it for one night. I have also heard where someone got married and the had ever one sign a paper at the recetion door that you and the place of business is not respinsible for accidents on the propery or after the wedding and gettinginsurance let people get a inpression that you will allow them to do what ever and your insurance will pay for it.
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I have never even heard of wedding insurance and I'm getting married.
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I saw this from a poster on another question. I checked it out and I think we are going to go with this company. Our ceremony site requires us to have insurance in case the grounds are tore up, or someone has an accident on the property, etc. They are under $200 for a lot of coverage. Check them out!
http://www.wedsafe.com/liability.html
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I would get the same insurance that your parents got for your sister's wedding.
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I have never heard of this. Shouldn't your homeowners insurance cover anything if need be. Plus the burden of responsibilty should be on the owners of the site, not you. It sounds like your fiance's dad sells insurance and is trying to make a profit or something which is just weird. Or he knows absolutely nothing about insurance and his broker is trying to pull a fast one over him to make a good commission. I insure my home for less than 1500 per year and homeowners ins. is very expensive in my area. Go out on your own and find something much cheaper. It shouldn't be more than a couple hundred dollars as it is only for 1 night. Whatever you do, do not pay anywhere near 1500. If you do I know of a few bridges for sale that you might be interested in!
The other posters advice of getting the same ins. your sister had is spot on.
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get the insurance. play it safe
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His dad is right. Better to be safe. You can always do a honeymoon/ vacation later.
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Wedding Insurance includes liability insurance which is the type of insurance you are referring to in relation to the $1,000,000. Wedding Insurance provides lots of other covers, things such as your suppliers failing, if you or your parents are too ill or injured prior to the wedding and it needs to be postponed, your photographs and much more.
The venue does not cover your liability, they have insurance to protect their own liability, you are holding the event and inviting guests to your function so you are responsible for them, which creates the need for you to have liability insurance. Someone suggested your home insurance would pick it up, it might pick up some things but generally it will not cover your liability.
Premiums range from $195 to $800, it just depends what limits of cover you want or are required to have by your venue.
Your new life your future together … make it lovable not liable.
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Wedding Industry