NEXT is the best small business insurer for wedding planning companies due to its affordability and coverage. We suggest comparing quotes from our other top picks, including The Hartford, Simply Business and Nationwide.
Best Wedding Planning Business Insurance
Updated: June 30, 2025
Advertising & Editorial Disclosure
Key Takeaways
NEXT is the best business insurance company for wedding planning firms because it offers the greatest balance of affordability and coverage.
The cheapest overall commercial insurance provider for wedding planning businesses is NEXT, with low monthly rates for various coverage types.
When shopping for business insurance for your wedding planning business, assess the risks in your industry, consult agents and other similar organizations, and compare multiple options.
Best Business Insurance for Wedding Planning Companies
| NEXT | 96 | 98 | 94 |
| The Hartford | 95 | 97 | 91 |
| Simply Business | 93 | 95 | 83 |
| Nationwide | 90 | 88 | 91 |
| biBerk | 88 | 87 | 91 |
| Progressive Commercial | 88 | 91 | 81 |
| Hiscox | 87 | 88 | 87 |
| Thimble | 86 | 87 | 81 |
| Chubb | 85 | 80 | 87 |
| Coverdash | 85 | 80 | 83 |
*All scores were based on a wedding-planning business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. NEXT
pros
Cheapest general liability and BOP
Fast and easy online experience
High customer satisfaction score
cons
Slightly above-average pro liability cost
COMPANY HIGHLIGHTS
NEXT is the top choice for wedding planners because of its affordability and excellent digital tools. It offers the lowest general liability rate, at just $13 per month, and the cheapest BOP, at $18 per month. These policies are ideal for planners who manage venues, vendors, and on-site staff.
With a 4.7-star customer rating, NEXT is trusted by event professionals for its smooth quote process and responsive claims service. While its professional liability isn’t the cheapest, it's still highly competitive for planners who want coverage fast.
2. The Hartford
pros
Cheapest professional liability insurance
Strong financial stability (A+ AM Best)
Tailored business coverage for planners
cons
Fewer digital tools for solo operators
COMPANY HIGHLIGHTS
The Hartford is a smart option for wedding planners who want strong protection and financial backing. It leads in professional liability pricing at just $68 per month and ranks second overall for affordability. The Hartford provides reliable coverage based on an A+ rating from AM Best. It’s valuable for midsize planning firms that must manage contracts, cancellations and vendor disputes.
3. Simply Business
pros
Strong pricing across policies
Broker access to multiple carriers
Easy quoting process
cons
Customer experience varies by carrier
COMPANY HIGHLIGHTS
Simply Business is a great pick for planners who want to compare quotes in one place. It offers low rates across all policy types, including general liability at $14 per month and BOP coverage at $21 monthly. It connects you with insurers based on your needs, making it useful for planners with niche event types or high guest counts.
It’s helpful for newer planners exploring coverage for the first time. Since partner carriers handle support and claims, service quality can depend on who you’re matched with.
Cheapest Business Insurance for Wedding Planning Firms
NEXT offers the cheapest overall commercial insurance for wedding planning companies across most policy types. But, this applies only to wedding planning companies with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Wedding Planning Companies
With an average monthly rate of $13, NEXT offers the lowest-cost general liability insurance for wedding planning companies. Even so, consider getting quotes from Simply Business and The Hartford.
| NEXT | $13 | $152 |
| Simply Business | $14 | $173 |
| The Hartford | $17 | $207 |
| Nationwide | $20 | $241 |
| Progressive Commercial | $21 | $249 |
| Hiscox | $23 | $272 |
| Thimble | $24 | $294 |
| biBerk | $25 | $298 |
| Chubb | $26 | $306 |
| Coverdash | $36 | $430 |
Cheapest Workers' Comp Insurance for Wedding Planning Companies
For wedding planning businesses shopping for workers' comp insurance, Thimble is the most affordable insurer, with average rates of $12 per month or $146 yearly. However, Progressive Commercial, Hiscox, biBerk and NEXT may offer more affordable rates.
| Thimble | $12 | $146 |
| Progressive Commercial | $13 | $158 |
| biBerk | $14 | $172 |
| Coverdash | $14 | $167 |
| Hiscox | $14 | $163 |
| NEXT | $14 | $170 |
| Simply Business | $14 | $163 |
| The Hartford | $14 | $166 |
| Nationwide | $15 | $183 |
| Chubb | $16 | $197 |
Cheapest Professional Liability Insurance for Wedding Planning Companies
The Hartford offers the most affordable professional liability insurance options for wedding planning companies, with low average monthly rates of $68. You may want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $68 | $818 |
| NEXT | $72 | $861 |
| Progressive Commercial | $73 | $878 |
| Thimble | $75 | $904 |
| Hiscox | $76 | $912 |
| Simply Business | $76 | $912 |
| Coverdash | $77 | $929 |
| biBerk | $79 | $950 |
| Nationwide | $82 | $985 |
| Chubb | $89 | $1,073 |
Cheapest BOP Insurance for Wedding Planning Companies
NEXT provides the most affordable BOP coverage for wedding planning companies, with an average yearly cost of $221 for bundled general liability and property protection. That's a savings of roughly $37 annually compared to Simply Business, the second most affordable option.
| NEXT | $18 | $221 |
| Simply Business | $21 | $258 |
| The Hartford | $22 | $265 |
| Nationwide | $30 | $360 |
| Progressive Commercial | $31 | $374 |
| biBerk | $33 | $392 |
| Hiscox | $34 | $414 |
| Thimble | $38 | $453 |
| Chubb | $39 | $463 |
| Coverdash | $52 | $625 |
What Type of Coverage Do You Need for a Wedding Planning Business?
Most companies with employees are legally required to carry workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. A surety bond may be required in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED BUSINESS COVERAGE FOR WEDDING PLANNING COMPANIES
General liability insurance is strongly recommended for wedding planning companies because it covers common risks like bodily injury, property damage, and legal defense costs. Professional liability insurance is also good for businesses that work under client contracts or provide specialized services. It’s particularly helpful for wedding planning businesses with commercial contracts or high-risk jobs, like technical, legal or customized services.
Coverage Recommendations by Wedding Planning Company Type
We've compiled a list that ranks wedding planning service categories by their risk exposure, from highest to lowest. This breakdown helps identify which businesses might need broader coverage to protect against claims. Remember, higher-risk businesses should consider more comprehensive insurance options to safeguard their operations.
Wedding Planning Company Type | Coverage Types Recommendation | Most Common Insurance Claims | Most Common Reasons For Litigation |
|---|---|---|---|
Full-Service Event Planning Firms (with vendors/staff) | General Liability, Professional Liability (high limits), Workers’ Comp, Commercial Auto, BOP, Umbrella Policy ($2M+), Inland Marine | Property damage, vendor injury, contract disputes, vehicle accidents, service failure | Breach of contract, injury at event site, non-performance lawsuits, cancellation-related losses |
Destination Wedding Planning Companies | General Liability, Professional Liability, Commercial Auto, Workers’ Comp, BOP, Travel Insurance (optional), Cyber Liability | Vendor coordination errors, weather-related disruptions, lost equipment, overseas mishaps | Client claims due to travel failures, negligence lawsuits, breach of expectations, data compromise |
Onsite Event Coordination Teams | General Liability, Workers’ Comp, Professional Liability, Tools & Equipment, Umbrella Policy | Slip-and-fall, staff injury, staging equipment loss or damage | Lawsuits over event-day execution errors, vendor injury, guest accidents |
Freelance Wedding Planners (Self-Employed) | General Liability, Professional Liability, BOP (optional), Business Personal Property | Missed deadlines, miscommunications, guest/property damage, client dissatisfaction | Negligence claims, failure to deliver expected results, breach of agreement |
Virtual Wedding Planners or Consultants | Professional Liability, General Liability (basic), Cyber Liability, Business Personal Property | Vendor dispute advice leading to claims, contract template errors, tech failures | Service disputes, client misinterpretation lawsuits, digital record mismanagement |
How to Get the Best Cheap Business Insurance for Your Wedding Planning Company
Here's a step-by-step method for finding the best and cheapest business insurance for your wedding-planning company.
- 1
Decide on coverage needs before buying
Consider risks specific to your business for claims, get advice from similar businesses, talk to agents and investigate the types of business insurance. This will give you insight into your coverage needs.
- 2
Research costs
Research average costs for your business to determine the insurance providers that offer the cheapest rates. This will let you know how much you're saving when comparing quotes and which companies to begin with.
- 3
Look into company reputations and coverage options
Research what customers say on online rating sites and forums to get a more comprehensive look at company services. Also, research coverage options to make sure you're covered for the right items.
- 4
Compare multiple quotes through different means
Comparing many quotes from different sources is a good idea. Pricing differs by your method of comparison, namely, captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business will likely change over time, so you should reassess and repeat these steps annually to be sure you still have the best deal.
How to Decrease Your Wedding Planning Business's Liability Risk
Reducing liability risk is important for wedding planning businesses aiming to keep insurance costs manageable. We've organized risk mitigation strategies by business risk level to help you implement the most effective measures for your needs.
Wedding Planning Risk Type | Included Types of Wedding Planning Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Full-service planning firms, destination wedding planners | Use detailed contracts with cancellation clauses and vendor liability waivers. Maintain written timelines, budgets, and approval records. Require staff safety training and vendor insurance certificates. Invest in umbrella coverage for large or complex events. |
Moderately High | Onsite coordination teams, firms with freelance assistants | Create vendor checklists and staff run-of-show protocols. Require vendors to sign hold-harmless agreements. Maintain equipment logs and ensure setup spaces meet safety standards. Document all changes to schedules or scope. |
Moderate | Freelance planners managing multiple clients | Use signed client agreements outlining expectations and refund policies. Require deposits to minimize financial risk. Maintain professional communication logs. Keep liability coverage current even if operating solo. |
Moderately Low | Virtual or hybrid planners consulting remotely | Include disclaimers that recommendations are for advisory purposes only. Use professional liability coverage to protect against advice-related claims. Back up all documents and communication. Use secure, password-protected systems for client data. |
Lowest | Small, part-time or single-wedding planners | Always use basic contracts and waivers. Avoid offering services beyond your capacity. Keep professional liability insurance active even for limited engagements. Maintain documentation for all meetings, decisions, and payment terms. |
Best Insurance for Wedding Planning Business: Bottom Line
NEXT is the top choice for wedding planning business insurance, offering both the best overall coverage and the most affordable rates. You can also check pricing from The Hartford and Simply Business. To secure the best deal, consult agents, research costs and compare multiple quotes from top providers.
Wedding Planning Business Insurance: FAQ
Here are answers to frequently asked questions about business insurance for wedding planners.
Who offers the best wedding planning business insurance overall?
NEXT provides the best business insurance for wedding planning companies, thanks to its outstanding customer service and a MoneyGeek score of 96 out of 100. The Hartford is a close contender.
Who has the cheapest business insurance for wedding planning companies?
Here are the cheapest business insurance companies for wedding planners by coverage type:
- Cheapest general liability insurance: NEXT at $13 per month
- Cheapest workers' comp insurance: Thimble at $12 per month
- Cheapest professional liability insurance: The Hartford at $68 per month
- Cheapest BOP insurance: NEXT at $18 per month
What business insurance is required for wedding planning organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for wedding planning businesses. These requirements vary by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does wedding planning business insurance cost?
Business insurance costs for wedding planning companies vary depending on your client volume, team size, and vendor obligations. Based on pricing for two-person teams, here are the average monthly premiums:
- General Liability: $13 per month
- Workers Comp: $12 per month
- Professional Liability: $68 per month
- BOP Insurance: $18 per month
How We Chose the Best Wedding Planning Business Insurance
We selected the best business insurer for wedding-planning companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 30, 2025.
- NEXT. "Customer Reviews." Accessed June 30, 2025.