Two topics in one today, because most people need two lots of insurance for wedding-time - actual wedding insurance, and then travel insurance for the honeymoon. We currently only have one of these, but I've bought a fair amount of travel insurance over the years so I think I can talk about that too!
Insurance, as Gadget is fond of saying, is there to cover you in case you can't afford to sort it out yourself. Whilst it's great if you can claim for your stolen iPod, it's not essential. If you have a scooter accident in Thailand, your insurance company may have to fly you home for treatment. As this costs more than the average wedding, it's not something most people can afford to pay for. If you don't have insurance, your alternative is taking your chances with the Thai hospitals. I know what I'd prefer...
Yet thousands of people go on holiday every year without travel insurance. For Brits travelling within the EU this is less risky, but I still wouldn't recommend it. (Make sure you have an EHIC card when travelling within the EU - apply via the Post Office.) Outside the EU not having insurance is crazy - particularly when you can get annual insurance for about £50, and two weeks for about £30. If you travel twice or more in one year, get an annual policy.
I'm now going to sound like a boring geek and say please check the small print and make sure you know what you're covered for and how to claim. Take your policy documents with you, plus a copy, and leave a copy with a trusted friend or relative. It sounds like a hassle - but better than having trouble the day you have a problem.
Wedding insurance works on a similar basis. Yes, it probably covers damage to your mum's hat, but that's not why you buy it. You get it in case the venue burns down and everything has to be moved or postponed. Judging by the price of insurance (ours was £34.99) this does not happen very often - big sigh of relief! As it is so cheap to get insured though, you'd be crazy not to. Ideally buy it before you start signing contracts and paying deposits, although some will cover deposits that are already paid.
We got ours from Wedding Plan Insurance, I think we got the second level of cover (up to £10,000). This may not be the best for everyone, but some policies excluded us because we currently live overseas, and others would not pay out if we got injured skiing. Our other choice was Debenhams, but it's the same company underwriting as with Wedding Plan, and Wedding Plan were cheaper.