Have you remembered to buy wedding insurance?

But new figures show three-quarters of brides-to-be are risking losing thousands in lost deposits and last-minute hitches as companies go under in the recession.

Only 25 per cent of couples purchase wedding insurance, which can cover you for lost deposits, suppliers going out of business or problems on the actual day.

CompareWeddingInsurance.org.uk, the online big day policy comparison service, looked at a sample of more than 2,000 wedding insurance policies purchased through their website and the results show a snapshot of wedding day finance in Britain today.

They found that, out of more than 2,000 couples, the average cost of the 2010/2011 big day is £12,541.

Managing director Adam Leyton said: “Despite many organisations quoting average wedding cost figures, I’ve yet to see anyone really substantiate them.

“With such a large sample, our poll has produced a fairly accurate average wedding cost.”

While many do not take out cover, premiums ranged from just £15.49 to £355.52.

The average premium was just £51.55, a mere drop in the ocean for many wedding budgets.

The most commonly claimed for thing is bankruptcy/liquidation of the wedding dress supplier.

Other common claims include loss of wedding photography, marquee damage and adverse weather.

Compare Wedding Insurance also found that, on average, couples purchase their wedding insurance policy eight months before the big day.

The average purchaser was aged 31, with policy holders ranging from 19 to the grand old age of 72.

Established in 2009 and based in Leeds, CompareWeddingInsurance.org.uk is a wedding insurance comparison website and helps couples to compare products from a range of major providers.

For more information visit www.compareweddinginsurance.org.uk.