What's the Deal: Which insurance policies are worth it?

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What's the Deal: Which insurance policies are worth it? Alicia Vitarelli reports during Action News at 4:30 p.m. on August 9, 2017. (WPVI)

We've been following the Alfred Angelo bankruptcy very closely since the chain shuttered its doors.

Some lucky brides were able to get their gowns before the locks went up and the lights went dark. But many were left in the lurch, and now the retailer says it will not be fulfilling remaining bridal gown orders.

So what's next? Besides scrambling for a new dress, can you recoup your losses?

You can try filing a claim, but there's something to learn from this.

Our friends at the Penny Hoarder tell Action News that this retail disaster shows us why buying wedding insurance is a must.

They say according to wedding website, The Knot, the average wedding costs around $35,000 dollars. And because so much is paid for ahead of time, anything can happen before or even on your big day.

Wedding insurance can run anywhere from $150 to $550 dollars, but it covers everything from those gowns to the venue, photography to the DJ.

At the same time, the folks at Lifehacker say there are some retail insurance policies that are not worth the money.

Among them is cell phone insurance because you typically pay more than you're covered for.

And sometimes travel insurance, depending on what it covers. They say in most cases, your credit cards already cover you.

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