Is Wedding Insurance Worth It? (UK Guide)
If you're planning a wedding, you may be wondering whether wedding insurance is really necessary.
The answer depends on your circumstances — but for the vast majority of couples, the financial risk involved makes it worth considering.
When Wedding Insurance Is Worth It
Wedding insurance is generally worth it if:
- you've paid or planning to pay deposits to multiple suppliers
- your total wedding cost is significant
- you would struggle to absorb the loss if something went wrong
- your wedding relies on multiple third-party suppliers
The more you have at risk, the more valuable insurance becomes.
When It Might Not Be Necessary
In some cases, wedding insurance may be less essential:
- very low-cost weddings
- minimal deposits paid
- highly flexible arrangements
- weddings organised in a very short time period
However, even smaller weddings can still be affected by unexpected events.
What Are the Main Risks?
The most common risks include:
- supplier financial failure
- venue issues
- death, illness or injury of the wedding couple or a close relative
- adverse weather and natural catastrophe
- loss or damage to key items
These are often outside your control.
How Much Does It Cost vs Risk?
Wedding insurance typically costs:
- anything from £20 to £100 as an average
- compared to the average cost of a wedding of £20,000 to £25,000
For many couples, this represents excellent value for additional peace of mind.
Are There Other Protections?
Some protection may exist through:
- credit card payments (Section 75)
However:
- this is typically limited to breach of contract
- does not cover many risks
It should not be relied on as a substitute for wedding insurance.
Final Verdict
For most couples, wedding insurance is worth it.
It provides protection against significant financial loss at a relatively low cost.
Ready to Get Covered?
If you decide wedding insurance is right for you, the next step is choosing the right level of cover.
