You can purchase insurance for cars and homes, but did you know that you can purchase insurance for your wedding as well?  The average wedding costs more than $28,000 so spending a couple hundred dollars on wedding insurance can help you have that peace of mind of knowing that if your venue goes bankrupt or your vendors don't show, you can recoop those funds.  According to Travelers Insurance, more than 40% of their wedding insurance claims filed during the past 2 years involved those exact 2 scenarios.

When making the decision of purchasing wedding insurance, make sure research the company with BBB first to avoid doing business with a less than stellar company.  Also, shop for the insurance before you start making deposits on the wedding services to make sure all your expenses will be covered.  Keep good records of all your receipts so if there is a claim that needs to be made, your insurance company will have no issues with getting you your money back.  Finally, make sure to not overlap coverage because some vendors may already have insurance provided by their company for convenience.