What is the Average Cost of a UK Wedding?

483 views

Published on

Our recent study into wedding insurance highlighted the average cost of a UK wedding in 2011 and we were very surprised by the result!

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
483
On SlideShare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

What is the Average Cost of a UK Wedding?

  1. 1. What is the Average Cost of a UK Wedding?
  2. 2. <ul><li>In recent years, the average cost of a UK wedding has been hovering around £19,000. </li></ul><ul><li>Probably the third most expensive life ‘purchase’ for most people. </li></ul>www.CompareWeddingInsurance.org.uk
  3. 3. <ul><li>We studied the data from the sales of over 2,000 wedding insurance policies. </li></ul><ul><li>Largest sample size of a study of this nature that we’ve seen. </li></ul><ul><li>This gave us a very accurate picture of the average cost of a wedding in 2011. </li></ul>www.CompareWeddingInsurance.org.uk More info on the study can be found here: http://www.compareweddinginsurance.org.uk/articles/wedding-insurance-statistics
  4. 4. <ul><li>Significant drop in average wedding budgets in 2011. </li></ul><ul><li>£12,541 was the average cover taken in respect of complete wedding cancellation. </li></ul><ul><li>Add £3,000 for average honeymoon. </li></ul><ul><li>Average wedding cost in 2011 - £15,541. </li></ul>The Results www.CompareWeddingInsurance.org.uk
  5. 5. Average Wedding Cost Graph
  6. 6. <ul><li>Economic climate – many people are finding it tough and cutting back. </li></ul><ul><li>Losing those ‘nice to haves’. </li></ul><ul><li>More DIY brides? </li></ul><ul><li>Cutting back on numbers? </li></ul>Why The Drop? www.CompareWeddingInsurance.org.uk
  7. 7. <ul><li>We expect the average cost of a wedding to drop further, but not significantly more. </li></ul><ul><li>We may see more couples going abroad to cut costs. </li></ul><ul><li>Wedding Insurance sales expected to increase as product awareness and concern about supplier failure grow. </li></ul>The Future? www.CompareWeddingInsurance.org.uk
  8. 8. Thank You www.CompareWeddingInsurance.org.uk More info can be found here: http://www.compareweddinginsurance.org.uk/articles/average-cost-uk-wedding

×