Trouble with photographers was among the top reasons couples filed wedding insurance claims last year, according to an analysis of claims data by Travelers.
Vendor problems accounted for the largest portion, 24 percent, of all wedding claims in 2012. Among those claims:
- 58 percent involved photographers
- 21 percent were related to caterers going out of business
- 11 percent stemmed from DJs going out of business or not showing up
- 5 percent of claims resulted from problems with wedding planners.
Other top reasons for wedding insurance claims were illness and injury, which accounted for 19 percent of all claims, and problems with venues, which led to 15 percent of claims. Bad weather, meanwhile, accounted for 14 percent of claims.
Travelers sells a Wedding Protector Plan that covers expenses for recreating the wedding day, such as retaking photos, purchasing fresh flower arrangements and extending the tuxedo rental.
The average cost of a wedding last year was $25,656, according to The Wedding Report, a research company that tracks the wedding industry, with U.S. couples spending an average of $4,178 on photography and videography.