Do I need wedding insurance? When to buy wedding insurance
Insurance can help to cover you against the unexpected
Weddings now cost as much as a new car. Couples spent an average of almost £20,000 in 2010, according to a survey by You & Your Wedding magazine. So, if you’re planning to wed, should you add the cost of wedding insurance to your budget?
Existing cover for your wedding
Before considering wedding insurance, check any protection you already have.
Section 75 protection for credit cards
Paying for anything more than £100 and up to £30,000 with a credit card means you can claim your money back from your credit card provider through section 75 of the Consumer Credit Act if there is a problem with goods or services that constitutes a breach of contract. This could include your reception venue being double-booked or the wedding cake not being delivered. Visit our guide to your rights when paying by credit card for more information.
Chargeback protection
Chargeback could also be a possibility if you paid by Visa or MasterCard credit card for an item that costs less than £100 or you paid by debit card. Through this process, your provider can try to get your money back from the retailer on your behalf but it isn’t legally obliged to.
Home insurance
Many policies increase cover for one month before and one month after the wedding of someone in the household to cover wedding gifts and sometimes items bought for the wedding. Check your policy documents for details.
- Need individual help on wedding insurance- call the Which? Money Helpline
- Compare cover and premiums for low and high cost wedding insurance policies
- Check out our guide on 10 way to cut the cost of your wedding
