Ask Sherri: Does My Homeowners Insurance Cover A Wedding?

wedding-insurance-rates-comparedDear Sherri,My daughter is getting married next year so I just booked a caterer, a Hall, and a very expensive wedding dress and had to place a very large deposit for each of those items. If something were to happen, such as the caterer goes out of business before the wedding, how would I go about getting back my deposit? Does my homeowners insurance cover this? – Getting Cold Feet

Dear Cold Feet,Congratulations for your daughter and my condolences to your bank account! Unfortunately, your Homeowner’s policy would not cover you for this. What you need to do is purchase Wedding Insurance. This type of insurance protects you for lost deposits, ruined photos, flowers that don’t show up in time, wedding gifts that are damaged, lost or damaged wedding rings and a host of other perils up to and including problems with their Honeymoon Suite. Unfortunately, it won’t cover you if your daughter or her fiance back out at the last minute. That will just need a mother’s tender loving care …upside the head! So call your agent today for details about Wedding Insurance. And if none of that works, I recommend that you discreetly recommend eloping! – Sherri