Gone are the days when musicians were not taken seriously. Today you no longer need to make it really big in life and achieve all the laurels to prove that you are a musician. The world is finally ready to embrace the new-age musicians who, with the help of the Internet, are creatinggreat music. While the new-age musicians are creating foot-holds in the musical world, they are however remaining ignorant about protecting their instruments. Public liability insurance for musicians is a must as it insures and protects prized musical instruments.
Musicians can insure under public liability and get covers for various things, such as -
• This kind of insurance covers if you are part of a band, is a performing artist or own expensive equipment. Insurance also covers for theatre sets, film and video equipment etc.
• A public liability insurance cover against accidental loss or damage of instruments, fire and transit damage.
• The insurance also covers personal accident cases,
• You can also claim public liability insurance for event cancellation, weather insurance and non-appearance.
• If there is a professional indemnity, you can claim from the insurance
• Coverage also includes group travel insurance for production crew and entertainers.
Tricks to Get The Best Insurance Cover
Whether you want a String Instrument Insurance or a general insurance for a musician, you have to be smart to get the best ones. Considering that not everyone understands insurance (and the various terms and conditions) easily, it is important to know a few tricks that will help you in the long-run.
Research On The Company
Let's start with the good news. There are just a few insurance companies in US that cover musicians and their instruments. This means you have fewer companies to choose from and hence there's less research. Just because there are fewer insurance companies it doesn't mean you won't research on them thoroughly. You have to until you are satisfied with the services they offer.
Policies and Premiums
Once you are satisfied with the company, you should turn your attention towards the policies and premium offered. There would be policies for heritage instruments, stringed instruments, violas etc. Get one which suits you the best. You also have to know the premiums of the different policies. Remember that you won't find a fit-for-all premium and hence have to be careful to read between the lines.
Assess Your Instrument Before Insuring
One of the common mistakes musicians make is not assessing their instruments before insuring it. Assessing musical instruments helps you get the best coverage for your prized possession. Sometimes you don't realize that the value of your instrument has risen with time. The value of the instrument also increases when you add accessories to it.
Filing For Claims
Before you seal the deal with an insurance company, make sure you find claims are to be filed. If you ever need to claim the insurance money, you would want the procedures to be simple and fast. Find out whether the insurance company helps you get the claims at the earliest or not.
Musicians can insure under public liability and get covers for various things, such as -
• This kind of insurance covers if you are part of a band, is a performing artist or own expensive equipment. Insurance also covers for theatre sets, film and video equipment etc.
• A public liability insurance cover against accidental loss or damage of instruments, fire and transit damage.
• The insurance also covers personal accident cases,
• You can also claim public liability insurance for event cancellation, weather insurance and non-appearance.
• If there is a professional indemnity, you can claim from the insurance
• Coverage also includes group travel insurance for production crew and entertainers.
Tricks to Get The Best Insurance Cover
Whether you want a String Instrument Insurance or a general insurance for a musician, you have to be smart to get the best ones. Considering that not everyone understands insurance (and the various terms and conditions) easily, it is important to know a few tricks that will help you in the long-run.
Research On The Company
Let's start with the good news. There are just a few insurance companies in US that cover musicians and their instruments. This means you have fewer companies to choose from and hence there's less research. Just because there are fewer insurance companies it doesn't mean you won't research on them thoroughly. You have to until you are satisfied with the services they offer.
Policies and Premiums
Once you are satisfied with the company, you should turn your attention towards the policies and premium offered. There would be policies for heritage instruments, stringed instruments, violas etc. Get one which suits you the best. You also have to know the premiums of the different policies. Remember that you won't find a fit-for-all premium and hence have to be careful to read between the lines.
Assess Your Instrument Before Insuring
One of the common mistakes musicians make is not assessing their instruments before insuring it. Assessing musical instruments helps you get the best coverage for your prized possession. Sometimes you don't realize that the value of your instrument has risen with time. The value of the instrument also increases when you add accessories to it.
Filing For Claims
Before you seal the deal with an insurance company, make sure you find claims are to be filed. If you ever need to claim the insurance money, you would want the procedures to be simple and fast. Find out whether the insurance company helps you get the claims at the earliest or not.
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