Wedding Cancellation Insurance Gap Calculator

Check whether wedding cancellation insurance fully protects your non-refundable deposits. Enter the total spend at risk, policy limit, and the percentage you would forfeit to size the uncovered gap after deductibles. Use the results to right-size coverage or build a contingency fund before signing contracts.

Sum of venue, catering, travel, attire, and vendor costs subject to cancellation penalties.
Maximum reimbursement your cancellation or postponement policy provides.
Percentage of your budget you would actually lose if the event is cancelled.
Defaults to $0.00 when blank. Include any per-claim deductible or self-insured retention.

Insurance terms vary by carrier. Confirm covered causes, sublimits, and deductibles with your broker before relying on these figures.

Examples

  • Example 1 — $85,000.00 budget, $50,000.00 limit, 65% non-refundable, $1,000.00 deductible ⇒ Cancellation exposure: $55,250.00 | Max insurer payout after deductible: $49,000.00 | Remaining gap: $6,250.00 | Deductible applied: $1,000.00 | Coverage ratio: 88.67%
  • Example 2 — $40,000.00 budget, $60,000.00 limit, 40% non-refundable, deductible blank ⇒ Cancellation exposure: $16,000.00 | Max insurer payout after deductible: $16,000.00 | Remaining gap: $0.00 | Deductible applied: $0.00 | Coverage ratio: 100.00%

FAQ

How do I estimate the non-refundable percentage?

Review each vendor contract to see what portion is retained if you cancel. Add those amounts and divide by the total budget to get a percentage.

Does the calculator cover postponements?

If your policy reimburses postponement costs, include any rescheduling penalties in the exposure figure so the gap reflects both cancellation and postponement risk.

Can I include honeymoon costs?

Yes. Add prepaid travel and accommodations that the policy covers to the total spend at risk, using the same non-refundable percentage approach.

What about liability coverage?

Liability limits protect against property damage or injuries and are separate from cancellation coverage. Model them with a dedicated liability calculator.

Additional Information

  • Exposure multiplies total spend by the non-refundable share so you can compare insurance to the true loss risk.
  • When policy limits exceed the exposure, the calculator still subtracts deductibles to highlight residual risk.
  • Coverage ratio expresses how much of the exposure the policy reimburses after deductibles.
  • Deductible field supports flat deductibles; if your policy uses a percentage deductible, convert it to dollars before entering.
  • Use the gap output to decide whether to add riders for travel, attire, or vendor bankruptcy.

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