The cost of the average American wedding is reaching about $26,000, leading to growing interest in wedding insurance to protect against extreme weather, illness and even a sudden change of heart, according to an Associated Press report.
The insurance is offered by a small number of companies, AP says. In the story, Travelers says issues with vendors account for about 25% of the claims, with most of those related to issues with photographers or videographers.
Travelers adds in the story that providing wedding insurance is a way to connect with a couple who might later think of the company for home insurance and other life milestones.
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