Travelers Reveals Most Common Wedding Claims of 2022
15 Junho 2023 - 10:00AM
Business Wire
The Travelers Companies, Inc. (NYSE: TRV) today revealed the
most common wedding insurance claims of 2022. Vendor-related issues
topped the list for the second consecutive year, representing
nearly one-third (31%) of all paid claims.
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“A couple’s wedding is supposed to be one of the best days of
their lives, but sometimes things go wrong,” said Todd Shasha,
Assistant Vice President of Personal Insurance at Travelers. “Being
prepared and knowing the most common wedding insurance claims can
help prevent costly disruptions from unforeseen events.”
In addition to problems with vendors, common mishaps
included:
- Property damage (19%).
- Weather problems (16%).
- Illness or injury (15%).
- Lost or damaged attire (9%).
The importance of preparing for potential wedding day
interruptions was underscored by a recent survey, commissioned by
Travelers, of more than 450 brides and grooms. The survey asked
individuals to identify their greatest wedding day worries – bad
weather and family differences were tied as the leading causes for
concern, at 29% each, with lost rings coming in third, at 11%.
Shasha added: “While wedding insurance can’t prevent family
dynamics, it can provide financial protection from other concerns,
like severe weather events or attire mishaps. Knowing that you have
the right coverage in place can provide peace of mind if you are
faced with unexpected wedding glitches.”
The Travelers Wedding Protector Plan provides coverage, with no
deductible, for a variety of potential wedding day challenges, as
well as disruptions to events leading up to the occasion, such as
the rehearsal, the rehearsal dinner and a post-wedding brunch.
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 more than 30,000 employees and generated revenues of
approximately $37 billion in 2022. For more information, visit
Travelers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230615468251/en/
Media: Luke Frey, 860-954-3678 lcfrey@travelers.com
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