Travelers Releases Most Common Wedding Insurance Claims from 2012

  Travelers Releases Most Common Wedding Insurance Claims from 2012

 Photography is the Most Frequent Cause of Vendor-Related Wedding Mishaps for

Business Wire

HARTFORD, Conn. -- March 20, 2013

Couples look forward to having their wedding day memories preserved forever
through photography and video, but according to an analysis of 2012 wedding
insurance claims by Travelers (NYSE: TRV), 58 percent of all wedding claims
related to vendor issues involve problems with the photographer. Travelers
reminds couples that they can help protect their wedding budget by considering
wedding insurance.

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.

Travelers Wedding Protector Plan ^ can provide more protection to help couples
avoid the added costs of unexpected wedding glitches. It also covers expenses
associated with recreating the special day, from retaking photos to purchasing
fresh flower arrangements to extending the tuxedo rental.

In 2012, the average cost of a wedding was $25,656 according to The Wedding
Report, a research company that tracks the wedding industry, with U.S. couples
spending approximately $4,178 on their photography and videography.

“Photos are one way that brides and grooms hope to preserve the precious
memories of their wedding day, and couples should have the right protection in
mind to insure against potential loss or damage for something so valuable,”
said Chantal Cyr, Vice President of Travelers Personal Insurance. “As the cost
of weddings continues to increase, engaged couples need to know that they have
options for protecting their investment. A wedding is about being able to
celebrate your special day, not a time to be worried about mishaps, weather or

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.

The Wedding Protector Plan can be purchased from Travelers for as little as
$160. It covers items such as lost deposits, perishable materials, unavoidable
cancellation due to weather or military leave, lost or damaged photographs,
damaged gifts, host liability and more.

By visiting, brides- and grooms-to-be can quickly learn
about the coverage and limits they need to protect their wedding budget. To
learn more about wedding insurance, including the costs and buying online or
through an independent agent, visit

About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty
insurer selling primarily through independent agents and brokers. The
company’s diverse business lines offer its global customers a wide range of
coverage in the auto, home and business settings. A component of the Dow Jones
Industrial Average, Travelers has more than 30,000 employees and generated
revenues of approximately $26 billion in 2012. For more information, visit

Photos/Multimedia Gallery Available:



The Travelers Companies, Inc.
Gary Griffin, 860-954-1371
Press spacebar to pause and continue. Press esc to stop.