Wedding Planner Insurance

Wedding planner insurance offers coverage against a wide range of risks that wedding planners may face in planning and executing each wedding. Wedding planner insurance will typically include the following coverages:

• Commercial General Liability (CGL) Insurance: CGL insurance protects you from various day-to-day risks you can be liable for when running a business. For instance, you can be legally responsible if a third party is injured or their property is damaged due to your business’s actions. In the event of a wedding planner, say a guest gets their shoe caught in a decorative rug you placed as part of a photo booth display, and they trip over onto the marble floor, injuring their wrist. They blame your setup and hold you responsible for their medical bills. CGL insurance could provide coverage to protect you financially.

• Professional Liability Insurance: Sometimes known as errors and omissions (E&O) insurance, this insurance can protect you financially against claims from clients alleging a mistake in your service through factors such as negligence, wrongdoing, or failing to deliver a service as promised. Suppose you mixed up two clients and sent the wedding invites to the wrong guest list. By the time the error was discovered, many of the intended guests couldn’t make it on such short notice. Your client sues you for negligence and accuses you of ruining their wedding day. In this case, professional liability insurance may cover the costs associated with the situation and any potential legal costs.

• Contents Insurance: If you own certain assets that you use at events, contents insurance can protect you financially against certain risks (like fire or theft) that cause damage or destruction of your property. For example, say you bring your table centrepieces and other select decors to the venue the night before the wedding. When you return the following morning, it’s clear there’s been a break-in, and all of your decor is gone. Contents insurance could cover the costs of replacing the stolen decor.

• Cyber Insurance: Your employees may hold confidential or personal client data on their devices, making them susceptible to cyber-attacks. Cyber liability insurance provides financial coverage against cybercrime. It can help to recover lost data, inform affected customers, and more. Suppose your computer was affected by a virus that wiped important client information from your system. Cyber liability insurance could help cover the costs of restoring that data and, if necessary, it could inform your clients of the data breach.

• Legal Expense Insurance: Legal expense insurance gives your business access to financial coverage for legal advice and other legal services, where coverage isn’t provided under another policy. Certain events that can be covered by legal expense insurance are legal action for personal property loss, employee disputes, or bodily injury to an employee.

• Event Liability Insurance: Weddings and family celebrations are significant events wedding planners specialize in organizing, hosting, and managing to delight their clients. Short-term special event liability insurance is essential coverage for planners and hosts. It extends your general liability insurance coverage to cover third-party bodily injuries and third-party property damages that may occur at the venue where the celebration is hosted. If alcohol will be served at a wedding, you may be liable for injuries and damages caused by an individual who becomes intoxicated at the celebration. Adding host liquor liability insurance to your policy can help address that risk.