According to the Insurance Information Institute, "special event insurance is designed to provide financial protection if you have to cancel or postpone a gathering due to adverse weather and natural disasters such as hurricanes. Most policies also provide coverage for cancellation due to the death, illness or serious injury of a key participants in the event, such as members of the immediate family. Also, if an officiant, such as a minister or rabbi, or a key vendor, like the caterer, florist or photographer, does not show up, you can recover some of the costs."

So here is what I'm thinking: if your wedding gets rained out, you're out a lot of money and will more than likely not be having a great day. Depending on how much coverage you get, you will only recover some of the costs. Also, if your caterer doesn't show up, I'm pretty darn sure you get a refund. But wedding insurance won't help salvage your day.

The winery we are getting married at is pretty popular for weddings, so if our wedding were to get rained out, we would have to wait long time to get another date there. Wedding insurance won't be able to ensure that you get your venue on the next date you choose.

I know many people are thinking that "at least something is better than nothing," but if you are going to have to plan a whole other wedding, you're going to have to end up paying more anyway. But it is comforting that wedding insurance provides coverage for professional counseling when the cancellation or postponement of the event causes severe emotional stress (a doctor's note will be needed).

I think people will be better off talking to their caterers, florists, DJs, etc., to see what their policies are in case of inclement weather. This way you might be able to negotiate a price in case of bad weather and it could end up saving you money on a wedding insurance premium. And if all else fails, I heard Reno's a nice place to get married.