Travelers has released its analysis of the most common wedding insurance claims from 2012.
According to its analysis, 58 percent of all wedding claims related to vendor issues involving problems with the photographer.
Travelers' claim data found that vendor problems resulted in the most frequent causes of wedding day mishaps for its customers, accounting for 24 percent of all wedding claims received. Illness and injury accounted for 19 percent of the total wedding claims with 15 percent attributed to venue issues. Wedding day mishaps associated with weather accounted for 14 percent of claims.
Twenty-one percent of vendor-related issues involved a caterer going out of business. Problems with DJs not showing up or going out of business accounted for 11 percent of the claims, with five percent of claims citing issues with wedding planners.
For more information, visit www.travelers.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].