My point: Don’t worry about deviating from the average, up or down. This means that in reality, most Americans spend far less than $29,000 but a good chunk of couples spend way more. weddings cost more than that and the other half cost less. In this case, the U.S.’s median average wedding cost for 2016, the most recent year for which median data is available, was $14,399, meaning that half of all U.S. 6 Median is a different approach to averaging: it’s the number in the middle. 2,3,4 Like most years since the turn of the century, there were about 2.2 million marriages in 2019, 5 making weddings an approximately $70+ billion-a-year business.īut because the national average is inherently skewed by regional outliers – the average wedding cost in New Jersey is about $53,000, while Utah averages around $19,000 – some experts say the median wedding cost is more meaningful. national average wedding cost for a ceremony and reception is roughly $29,000, based on the average of three different wedding cost surveys. Take a look at our comparison table to compare policies from a number of providers.The U.S. Wedding insurance certainly makes sense then and with premiums starting from around just £20, it seems daft not to take out a policy. However, the credit card company would only be equally liable for THAT transaction and wouldn't cover you for the related costs of perhaps having to re-arrange your photographer, your florist, the caterers etc. If, as in the example we used earlier your venue went bust and you had to re-arrange the day, you might be able to claim for this under Section 75 if you paid using your credit card. If payments could be covered by either the Consumer Credit Act or a chargeback, why on earth would you bother with wedding insurance then? The answer is simple, wedding insurance covers you for so much more! As well as the obvious like public liability claims, marquee cover or claims relating to death or injury, wedding insurance would also cover you for related costs. It is not as reliable as the Section 75 law, but the credit card companies are pretty good at resolving these types of disputes in favour of their customers. There is a system called a 'chargeback', where the credit card company will suspend the payment to the supplier, or even retrieve the payment until the dispute is resolved. One final area in our brief overview of this subject is what happens if your payment is under £100? Well there can still be a remedy here also, using your credit card. This instantly removes the direct legal contact between you and the supplier, so the law will not apply in these cases. For example, a lot of people these days use an intermediary payment service like Paypal or Moneybookers. One thing that you need to understand also is that the law clearly states that there must be a direct relationship between you and the person/company you are purchasing from. For example, if you bought a car for £10,000 and paid the deposit originally on your credit card, if the company went bust and you did not get your car, you can still claim the whole £10,000 under the section 75 law. Therefore, if you pay a deposit of £100 or more, if that items or service fails, you can still claim the whole loss. For section 75 to apply, your payment needs to be over £100. One area of confusion occurs where a person pays only the deposit for an item or service. Does paying by credit card protect the deposits I pay on my wedding? Deposits
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