Travelers Reveals Most Common Wedding Mishaps
May 09 2022 - 8:27AM
Business Wire
Company shares 2021 claim data to help couples
better prepare for their big day
The Travelers Companies, Inc. (NYSE: TRV) today revealed the
most common wedding insurance claims from 2021, with vendor-related
issues topping the list at almost one-third (29%) of paid claims.
This data comes as a record number of weddings are planned for
2022, according to The Wedding Report.
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“Knowing the wedding day issues that come up most frequently can
help families avoid costly disruptions,” said Todd Shasha, Senior
Managing Director of Personal Insurance at Travelers. “It’s
important for couples to do their research when planning for such a
significant event, particularly when it comes to choosing
locations, dates and vendors. Wedding insurance can also help
protect against some of the most common mishaps.”
Beyond vendor issues, other common claims included:
- Property damage (19%).
- Illness or injury (18%).
- Severe weather (6%).
- Military deployment (6%).
The Travelers Wedding Protector Plan provides coverage, with no
deductible, for these common issues and a variety of other
unfortunate occurrences. Policies can also cover disruptions to
events surrounding the wedding day, such as the rehearsal, the
rehearsal dinner and a post-wedding brunch. COVID-19 is not a
covered loss.
To learn more about wedding insurance from Travelers, visit
Travelers.com/event-insurance.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider
of property casualty insurance for auto, home and business. A
component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of
approximately $35 billion in 2021. For more information, visit
Travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220509005621/en/
Media: Chesleigh Fowler, 860-277-5102
cfowler3@travelers.com
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