Do I Need Liquor Liability Insurance For Wedding? Analysis

On your special day, keep in mind that if you’re handling the catering for your wedding or if the venue doesn’t have liquor liability insurance, it’s essential to secure temporary event liquor liability coverage.

According to The Knot’s 2016 data, the average cost of a wedding in the United States is $35,329.

Which type of insurance do I need for my wedding?

Special event insurance, also known as “wedding insurance,” safeguards your private event investment.

You can choose between event cancellation and event liability coverage when buying event insurance.

Liquor Liability Insurance For Wedding
Liquor Liability Insurance For Wedding: Photo source (Reddit)

Event cancellation coverage helps if your event is canceled or postponed due to unforeseeable circumstances like bad weather, serious illness, or military duty.

It covers lost deposits, nonrefundable amounts for the venue and food, and other expenses.

It can also protect honeymoon costs and vendor payments.

Additionally, it can cover lost or damaged photos, attire, jewelry, and wedding gifts.

What is the difference between host and liquor liability?

WedSafe provides liability insurance with liquor liability coverage (host liquor liability) to protect against alcohol-related accidents caused by vendors or guests at your rehearsal dinner, wedding ceremony, or reception.

This insurance safeguards you from lawsuits due to injuries or property damage caused by intoxicated guests you served alcohol to during your event, as most weddings involve alcohol service.

What does wedding insurance not cover?

Common exclusions in wedding event policies include change of heart, financial difficulties, and inclement weather. Insurance won’t cover cancellations due to a bride or groom changing their mind.

Couples in the U.S. spend over $20,000 and invest more than a year planning their wedding. Wedding insurance is purchased to protect against unforeseen postponements, cancellations, mishaps, or injuries during the event.

Wedding event insurance, or special event coverage, covers the cost of postponement or cancellation, including deposit refunds, vendor substitutions, and damaged or missing gifts.

You can choose from two main types of wedding insurance.

What a liability policy covers

Liability insurance covers bodily harm and property damage you cause in accidents, including hospital bills and loss of earnings.

What is alcohol liability insurance?

Liquor Liability Coverage: Protects businesses selling alcohol by paying for claims of injury or property damage caused by intoxicated customers.

Can be a standalone policy or added to general liability insurance.

When should one purchase wedding insurance?

You can buy wedding insurance up to two years in advance, and it’s advisable to get it as soon as you start saving for your wedding.

Entertainment Nation specializes in wedding entertainment and understands the emotional and financial effort involved in wedding planning.

Wedding insurance offers financial protection in case of mishaps, just like any other insurance policy.

Given the average wedding cost of around $25,000, it’s a wise precaution.

What does host liquor liability insurance cover?

General liability policies often include host liquor liability insurance, which covers claims related to alcohol consumption at company events, such as property damage or bodily harm caused by an intoxicated guest.

Small businesses serving alcohol can protect themselves by purchasing host liquor liability insurance to handle alcohol-related incidents and liabilities.

Businesses not involved in alcohol production, service, or sales benefit from host liquor liability insurance, which defends them from lawsuit expenses.

This coverage is designed for businesses hosting social events with alcohol, like company parties.

In summary, general liability insurance typically includes host liquor liability coverage.

What kind of insurance is required for weddings?

Special event insurance, also known as “wedding insurance,” safeguards your investment in private events like weddings.

It offers event cancellation and event liability coverage. Here’s how they work to protect your wedding day:

  1. Event Cancellation: If unforeseen circumstances force you to cancel or postpone your event, such as bad weather or illness, this coverage can help cover lost deposits and nonrefundable venue and food costs. For example, if you need to reschedule due to a power outage caused by a storm after the caterer has prepared the food.
  2. Additional Expenses: If your wedding is delayed or canceled, event cancellation coverage can also assist with expenses like honeymoon costs or vendor payments. It can even cover lost or damaged photos, attire, jewelry, and wedding gifts.

In short, special event insurance, or wedding insurance, provides crucial protection for your special day.

Spread the love