Change of Heart Insurance for Weddings Can Save the Day

What Is Change of Heart Insurance for Weddings?

Change of heart wedding insurance is basically a more robust, comprehensive version of wedding cancellation insurance. Most wedding insurance providers offer some kind of event cancellation coverage that helps you recoup your loss if your wedding day has to be put off due to some major, out-of-your-control reason. For example, you may be able to cancel and recoup your costs if a hurricane or major snowstorm occurs, or if someone in your immediate family dies or becomes seriously ill.

Change of heart wedding coverage takes things even a step further, allowing you to cancel your wedding date and recoup costs for reasons within your control, such as if you wake up on the day of and realize you don’t want to go through with the wedding.

While discussing this wedding insurance coverage with your partner can be uncomfortable, it’s worth remembering that a wedding is a large financial investment. And having this kind of protection could save you tons of money if your wedding is canceled due to cold feet or similar emotions.

Do Most Companies for Wedding Insurance Cover Cold Feet?

No! A typical insurance company, even specialized insurance, will not offer change of heart insurance. Most insurance coverage will only apply for cancellation or postponement reasons beyond your control, such as severe weather or death.

But BriteCo is unique in offering cancel for any reason coverage.  The only stipulation with BriteCo’s cancel for any reason coverage is that it will not apply to reasons known at the time of policy purchase. This means that if you anticipate cancelling your wedding and are looking for ways to recoup your investment, you can’t purchase a policy and expect it to apply.

BriteCo Wedding Insurance Change of Heart Policies

BriteCo’s change of heart coverage is an optional add-on that can be part of your cancellation insurance portfolio. If you add cancel for any reason coverage to your insurance policy, you’ll be protected if you cancel your wedding for any reason, at any time, and will receive up to 75% reimbursement of covered costs.

How is Change of Heart Insurance Different from BriteCo’s Regular Cancellation Coverage?

This option is an add-on that fits alongside BriteCo’s already comprehensive event cancellation insurance policies. That coverage already come standard with the following:

• Reimbursement for wedding-related deposits and payments in case of eligible cancellations and postponements, including deposits and payments made to vendors and venues
• Reimbursement for wedding-related deposits and payments to vendors and venues if they cancel on you
• Coverage for theft, loss, and damage of wedding gifts and wedding jewelry
• Coverage for professional counseling that may be needed after canceling a wedding
• Coverage for damaged attire
• Coverage for photography services, in case of vendor failure to provide adequate services

How Early Should You Buy This Coverage?

According to BriteCo’s Chief Actuary Conor Redmond, the earlier, the better. “Most people purchase coverage once they’ve signed their major vendor contracts and they’ve put down deposits,” he shares. “You can purchase coverage as soon as you start planning and set a budget. With BriteCo, cancellation insurance must be purchased at least one month out from the event.”

How Do You File A Claim?

If needed, the process to file a change of heart claim is very simple and can be done online in a seamless client portal.

“For any claim, you will need to provide copies of contracts, proof of deposits, and proof of cancellation, and the hosts and wedding couple will need to provide separate statements about the nature of the relationship and cancellation,” says Redmond.

What If You Need to Purchase Liability Coverage, Too?

That’s an option, too. In addition to change of heart coverage, BriteCo also offers liability insurance. This is what a typical wedding venue will require you to purchase as part of your own insurance coverage.

Liability insurance protects you and the venue in case of injuries or damages, such as if someone accidentally breaks something at the venue or a guest falls and is injured. BriteCo’s liability policies include both general liability insurance and host liquor liability coverage. The latter is often required if you plan on serving alcohol at your wedding reception.

Should You Buy a Change of Heart Wedding Insurance Policy?

Considering change of heart wedding insurance is a very personal decision that you’ll want to really sit down and discuss seriously with your partner. Unlike liability coverage, which your venue can mandate that you purchase, only you and your partner can decide if a change of heart wedding insurance policy is a smart decision.

Here’s what to consider when making your choice:

Protection for the Future

Remember that buying change of heart wedding insurance doesn’t mean you expect to break up — just like getting a prenup doesn’t mean you think you’ll get a divorce . It’s just an extra layer of reasonable protection that maturely and realistically acknowledges that you never know what the future can hold.

“Nobody goes into an engagement or wedding planning with the idea that their plans, or relationship could fall apart,” says Redmond. “People change their minds on a big event for a variety of reasons: meddling by families, wedding planning putting stress on the relationship, or even anxiety causing second thoughts. It’s a lot of additional peace of mind for a fairly reasonable cost.”

Because change of heart wedding insurance (and wedding insurance in general) is so affordable, there’s little reason not to make this small investment that may significantly protect your investment in your overall wedding.

As Redmond explains, “For a $30,000 wedding, the standard policy costs under $300. You can save even more if you purchase through a trusted partner or if you bundle with event liability insurance.”

Wedding Insurance FAQs

Do You Really Need Wedding Insurance?

Yes, even if you don’t think you need change of heart coverage, you definitely need wedding liability insurance and cancellation coverage. For the former, some venues will even require you to buy a policy before you can sign a contract to reserve the space. Liability coverage protects both you and the wedding venue in case of damages or injuries. Meanwhile, basic cancellation coverage helps you recoup costs if your wedding is canceled due to factors outside your control, or if your vendors cancel on you after you’ve made a deposit or payments.

How Much Can You Expect to Spend on Wedding Insurance?

Wedding insurance policies are actually pretty affordable. In fact, they’re one of the cheaper wedding expenses, if not the cheapest. You can find policies that start under $100, even for a comprehensive policy.

What Is Not Covered by Wedding Insurance?

It depends on your policy. Many insurance providers will not cover cold feet or change of heart, but BriteCo is unique in offering this coverage as an add-on policy. However, most wedding insurance policies generally won’t cover risky activities at the wedding (such as setting off fireworks) or if you purchase the policy knowing that you’ll cancel.

When Do You Need to Buy Wedding Insurance?

You should plan to buy wedding insurance early on in the wedding planning process. If your venue requires it, you must purchase a policy when booking your wedding venue. It’s typically one of the first things you’ll do. Having your policy in place as early as possible gives you the most protection possible.

How Late Can You Buy Wedding Insurance?

It depends on the policy and provider, but some wedding insurance providers, including BriteCo, allow you to purchase limited-coverage policies as late as just a day before the event.

Say “I Do” to Wedding Cancellation Coverage from BriteCo

Buying a wedding insurance policy will be one of the more affordable parts of your wedding budget. BriteCo’s cancellation coverage starts at just $80, while our comprehensive liability coverage starts at just over $100. What else in your wedding budget costs as little as that?

Get your free and fast wedding insurance quote from BriteCo now.

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