Your Big Day Up In Smoke – Are You Liable?

wedding1Who in their right mind wants to think about all the things that can go wrong on their wedding day? Definitely not this girl! My big day is officially 8 months and 13 days out. You can’t imagine the excitement flowing through my veins right now. I’m feeling good – I’ve booked everything from our venue to our photographer. Our cake is ordered and the hotel reserved. But there’s still so much to do like invitations, flowers, decorations – I can literally feel the stress creeping into my shoulders. So imagine my anxiety as I stumbled across an article online about rental hall coverage. Wait, what??

Yep – you got it. Rental hall coverage. This wasn’t even a fragment of concern until I read about it. Do I need to panic? I suppose I need to consider the consequences of damaging the building; it’s not so far-fetched. For instance, a candle could catch the curtains on fire or some other kind of destructive occurrence could take place. (I’d like to assume our wedding will be elegant enough that guests will not be throwing chairs through the windows). How will we pay for the damages, especially since we just paid for the wedding? I mean, the venue actually requires us to hire an off-duty police officer. Isn’t that enough?!

I’m going to let you in on a little secret – your homeowners policy might actually provide coverage for the venue! You should definitely check with your independent agent to see if you’re covered, but typically, a facility that’s rented for short-term special occasions like reunions, picnics, and weddings is covered under your homeowners policy as long as it’s being used for a non-business event. Don’t be surprised if the facility requests confirmation of coverage.  And keep in mind your policy does not extend coverage to the owner of the rental property. Whether or not they have their own policy, you’re responsible for any damages caused during your rental period.

WHEW! That was a close one, I almost freaked out. I’m calling my insurance agent today! Will you, before your next event?

The coverages described here are in the most general terms, and are subject to the actual policy conditions and exclusions. For actual coverage wording, conditions, and exclusions, refer to the policy or contact your agent.

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