Newer Wedding Venues Issues: Part 1
Insurance
While it is definitely not the most fun part of your wedding planning journey, having everything properly insured is one of the most important aspects of booking your wedding venue. The benefits of booking your wedding at an established venue are that they have been in the game long enough to have their own insurance plan in case things go sideways.
The issue with newer venues is that they might not have a set insurance plan for couples. This means that if you are booking with someone newer, they might charge you for the venue and then add an extra charge for you and your finance to cover the location and the guests.
This is a major red flag. This means that they do not have the proper insurance to cover this event. Due to their lack of insurance, they try to force the clients to buy an additional insurance policy to cover their lack of liability.
If you’ve never planned a wedding before, you might think this is the industry standard — IT’S NOT! If a venue is trying to get you to do this, look for a different venue.
Green Flags
A green flag to look out for with these newer wedding venues is if they have a standardized insurance plan included. This will ensure that your venue is properly covered and you won’t be paying a whole lot of extra money. If they recommend you get your own insurance, they might not be worth your money.
To find out more about red flags you should look out for with new venues, check back in with us all month long!
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