73°
Baton Rouge, Louisiana
3 Day Outlook
Sun
84°
67°
90%
Mon
86°
67°
30%
Tue
87°
67°
10%
Follow our weather team on social media

Wedding insurance expands as nuptials get pricier

1 year ago January 20, 2014 Jan 20, 2014 Monday, January 20 2014 Monday, January 20, 2014 12:45:08 PM CST in News
Source: AP

HARTFORD, Conn.- Worried about the groom getting cold feet? There's an insurance policy for that.

With the cost of the average American wedding reaching about $26,000, insurers have been selling a growing number of policies to protect against losses from extreme weather, illness and even a change of heart.

Cheryl Winter spent $500 for Hartford-based Travelers Cos. Inc. to cover her daughter's $50,000 destination wedding last October in New Orleans, where her biggest concern was a potential hurricane. The weather cooperated, but the limousine never showed up. She used the insurance policy to claim the deposit money they couldn't get back from the limo driver.

Travelers says issues with vendors account for about a quarter of claims, with most of those related to issues with photographers or videographers.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
5 Days
Today
PM T-Storms
87°
70°
Sun
T-Storms
84°
67°
Mon
Isolated T-Storms
86°
67°
Tue
Partly Cloudy
87°
67°
Wed
Mostly Sunny
88°
69°