March 18, 2020
Imagine this…your wedding venue abruptly closes leaving you without a place to hold your wedding and out thousands of dollars. It’s a frustrating situation, and the stuff of every couple’s nightmares.
When things like this happen, couples usually have little recourse to regain funds from the venue. Here are some tips about what to do to protect you against a major setback like this.
Get wedding insurance. This is where having wedding insurance can really save your behind! Wedding insurance is actually pretty affordable. And it’s the best protection you’ll have against venue closings and other issues such as natural disasters and illnesses. Check with your policy to make sure they cover venues going out of business.
Pay with a credit card. Yeah, some vendors may add a small fee to pay with a credit card, but it can still be worthwhile to put at least the deposit on your card. You can file a dispute with you credit card company if a product or service purchased was not delivered as agreed. Although there is as a limit of 60 days from the date of the charge to file a claim; it’s probably still worth filing a claim.
Look for red flags. A huge price cut compared to other local venues, a sudden change in management can indicate something might not be right. Do some research and don’t be afraid to ask questions.
Let your vendors know ASAP. If your venue does suddenly close down, make sure you send an email out to all of the vendors you’ve booked and let them know what is going on immediately. Most wedding vendors have a large network of other wedding industry folks and can help you find alternatives.
If this happens hopefully you will be able to find another location for your wedding in time—even if that means rethinking the event a bit. But take solace in knowing that lots of venues are sympathetic to these types of situations and they will try work with you. You will also probably be one of many couples in the same situation. Word will usually get around in the wedding community and good Samaritans always tend to try to lend a helping hand.