Fiddle Instrument Insurance – Ways It Can Protect You Financially

Is a fiddle your dream musical instrument? Fiddle, a colloquial term for the violin, could be an expensive buy, especially if you are eyeing for a vintage piece. Moreover, the strings and bows of this string instrument do incur additional expenses as well as maintenance. Therefore, investing in an appropriate Fiddle Insurance is crucial, both for the safety of your finances and the instrument. 

Do you know your options yet?

So, what kind of insurance policy should you goes for - rider on your homeowner's or renters' insurance plan or dedicated insurance policy for your strings? Let's explore the options!

When we say homeowner's or renters' insurance plans, it considers your musical instrument as some of the belongings that you intend to cover under the insurance. Although such insurance policies are likely to protect your string insurance in cases of theft, fire, and similar situations, accidental breakages during transit, during a show anywhere outside the premises of the insured property, are very unlikely to come under the protection cover. 

Complete coverage, complete peace of mind!

Not only protection against accidental damages, but homeowner's or renters' insurance plans are very less likely to cover any replacement instruments. Therefore, whether you are a hobbyist or a professional, whether you have purchased a violin or rented it, it is crucial to get a dedicated or standalone insurance policy for your instrument. Always remember, specialized insurance will provide you with more options and optimum cover.

Get the best protection for your fiddle!

When it comes to mentioning optimum cover, what do dedicated music instrument insurance policies cover? Unlike blanket insurance policies like homeowner's or renters' insurance, standalone insurance plans for string instruments cover the following - 

● Musical instruments/paraphernalia lost/damaged due to an accident

● Damages caused by flood, rain, earthquake, fire, and other similar situations

● Mishaps that happen while your instrument is in transit or while you are performing on-state or during rehearsals

● Insured value at the time of claim settlement (you will get the insured value of your musical instrument if you happen to file a claim)

● Cost of replacement so that you can perform and do not miss out the chance to give your best because your gear is damaged or loss

● Coverage not only for the main instrument but also for the accessories, including bow, sheet music, music stands, etc

The right service provider for better services and assistance

So, these are the coverage options you have for your fiddle and other accessories when you have the protection of dedicated Fiddle Insurance. And now that you know the importance of having a dedicated plan for your musical gear, let’s find out how to choose the right insurance provider. Remember, until and unless, the insurance service provider you choose is good and reliable, there is no point in insuring your musical instruments with them. Isn't it?

Here is how you can find the most suitable option for you - 

● Make sure to consider multiple options because it makes comparison easy.

● You can by visiting their websites and looking for the plans and services they offer.

● You might be eager to know how do such insurance plans work and protect you if something bad happens, right? A reputable service provider can help you in this regard by explaining how their plans can protect you. 

● As far as the pricing and the other costs related to an insurance policy is concerned, customer-friendly insurance companies are pretty upfront with the same. And, it is one of the benchmarks of reliability.

● Moreover, always check if or not the service provider you intend to choose is licensed and holds all the relevant certifications and accreditations from the associated bodies.

Just keeping the simple tips in mind can help you choose the right insurance policy as well as an insurance service provider.

Specialized Insurance for Musical Instruments vs. Homeowner’s Insurance

Musical instruments are not just sound-producing equipment. There are finely crafted pieces of art and can cost a fortune to the buyer. Besides the cost, musical instruments mean the world for musicians, professional or amateur, that does not matter. These gears are crucial to the music shop owners and music teachers as well. To some, its passion, while to some, it's a source of livelihood. In short, it's a common thread that connects the people who are associated with music in a way or the other.

So, just like you insure your cars, jewelry, and other valuable possessions, insurance for musical instruments should also be there in your priority to-do list. Musical instrument insurance is the best thing you can do to your gears, apart from cleaning and maintaining them regularly.

Musical instrument insurance - the best gift to your musical gears!

By getting the right insurance cover for your musical paraphernalia or a single instrument can protect you financially if your gear goes missing, stolen, or damaged in a catastrophe. Buying standalone musical instrument insurance is indeed an excellent move if it would be a cost-prohibitive step to get a new one or if music earns your livelihood.

Musical instrument insurance means complete protection!

And, to add to your surprise, dedicated insurance policies for musical instruments with a customer-friendly insurance provider usually cover more than just the device you want to cover. It covers the entire thing, right from the case to the sheet music.

Homeowner’s cover might not be enough for your gears!

According to many people, you might not need to buy a separate insurance plan for your musical instruments because you already have your homeowner’s insurance. Is it true? Well, yes, it is true, but with a catch. Although your homeowner’s cover can include your instruments (provided you have mentioned their names in the inventory to be insured), these have a cap for the total damage of the property of your home. It implies, although your musical instruments are covered, those are not protected completely.

Dedicated musical instrument insurance protects you worldwide!

Say, you are a professional musician, and you need to travel across the world for musical gigs and concerts. What if, unfortunately, your musical instrument gets damaged or goes missing, on the go, in another country?

Remember, no matter how much money you have spent on your homeowner’s insurance, it is not going to cover your musical gears if something happens to those outside your home. However, dedicated insurance for musical instruments handles this differently. Yes, with a trustworthy insurance service provider, your musical instruments are protected no matter wherever you go.

Standalone musical instrument insurance for better coverage!

What is the value of your instrument? Many insurance service providers have a maximum or fixed insured amount on a per-instrument-basis. This approach can lead to narrowing your instrument coverage options. However, dedicated musical instrument insurance policies will provide you with multiple options when it comes to valuing the instruments. It will help you get a broader extent of insurance coverage.

Choose a company that will understand your instruments well!

Different insurance service providers specialize in various types of musical instruments. If you own a rare piece of instrument that's highly valued in the market, you should choose a company that will understand your instruments and its value in the market well. The claim adjusters of such companies will understand your musical gears in the best possible way in case of a claim.

Hopefully, now it’s pretty clear to you why it is crucial to get a standalone insurance policy for your musical gears, right? Get in touch with a reputable insurance provider and stay safe.

Tips to Choose Music Insurance Company for Instrument Coverage

When it comes to describing a good insurance provider, what does 'good' mean to you? For some people, an agency that asks for the least premium amount for a decent amount of coverage is a good one. Some people think that the faster an insurance provider processes and settles the claim, the more trustworthy it is. To some, a company that offers comprehensive musical instrument coverage is the best. Different minds will have different perspectives. However, if you combine all these perspectives, you will find that a good and reputable insurance company is the other that can meet your insurance requirements in the best possible while maintaining your financial constraints.

So, how to choose an insurance service provider to insure your musical instruments comprehensively. Here we’ve rounded up some tips that will help you choose the right insurance service provider. Let’s have a quick look at them!

First thing first, do the planning!

It is crucial to plan your musical instrument insurance requirements before buying it. For example, whether you need specialized instrument coverage or recording studio insurance, whether you own a woodwind or a string instrument, etc. you need to decide all these in the first place. Here are some crucial points to cover -

●    Do you want to protect your musical instrument from loss or damage that could happen while traveling?

●    What assets do you have in your recording studio that you want to protect?

●    Do you have a band and have people who work for you?

●    Do you perform in concerts quite often?

Getting the answer to these questions will help you determine what you want from your insurance policy.

Get the list ready!

After you have planned your insurance, you already know what you want to include and what you don't want to cover. Now it's the time to prepare the list and check with the insurance providers. It will make policy-service provider comparison easy.

Choose a service provider carefully!

Once the inventory is ready, probably, you'll want to know about the potential music insurance service providers. As many such companies are operating in the market, you should understand something very remarkable. Even though each one of them will claim to be the right one for you, choosing the best entirely depends on your needs and preferences. So, be very careful and nit-picky while choosing an insurance company. Otherwise, you might end up choosing a company that’s not worth it.

Services and budget comparison

Now comes in the comparison part. Once your list of the insurance service provider is complete, it would become easier for you to compare them against your needs from an insurance plan. After you are done with comparing the services, accreditations, memberships, and other crucial credentials, you should do a quick budget comparison. Always choose a premium amount that you can repay easily without burdening your regular finances. A reliable and customer-friendly insurance company will always be upfront with its pricing and terms and conditions.

Customer testimonials speak a lot!

If you want to check the quality of service and reliability of the insurance companies, read their reviews and customer testimonials. You can also look for word-of-the-mouth recommendations from people who you know are already using their services. It will help you find an insurance company that would be able to meet your expectations and protect your musical instruments, financially. Always remember, anyone else’s best might not be your best. Therefore, thorough research is very important.

So, these are some of the best tips that will help you find a reliable insurance service provider to protect your musical instruments from the mar of the unforeseen.

Significance of Guitar Insurance for a Guitar Instructor

When you really care about your guitar and keen on protecting your investment, then there is no other better option than guitar insurance. It will keep your instrument protected from theft, damage, lost or stolen. Before you begin your search for the policy, there are many things that must be kept in mind.

There are many home insurance policies that give coverage to the guitar of specific value. The insurance not only insure the guitar against theft but also insured it against accident also. But it does not mean just for getting the claim you will throw your guitar deliberately as it is not an accident. 

When it comes to opting for guitar insurance, all you need to do is to understand the policy well. There are many policies for giving protection to your guitar but the cost of policies varies. When you decide to insure your guitar for a year, then you can avail of a discount as there are some insurance companies who are ready to offer a discount. This is indeed beneficial for most of the guitar instructors. While giving lessons to your students, it might happen that your guitar may fall leading to massive damage. So, when you are covered, you do not have to worry for a split second if any unfortunate incident occurs.

The guitar that you own becomes a part and parcel of your life. If you are a reckless individual, you might want to think twice before getting the insurance done but if you are a mature person then the guitar insurance will be of immense help to you.

Insurance is indeed a big thing for any instrument. While getting the insurance done, you should calculate the value of your instrument, a rarity as well as your financial situation before you take any decision.

Let’s take a look at the coverage offered by premium insurance companies:

a.    Cover for lost, stolen, or damaged equipment
b.    Performance coverage
c.    Worldwide cover of 180days
d.    Coverage for equipment breakdown
e.    Coverage for personal accident

Premium insurance companies give coverage to all types of guitar right from ukuleles to steel guitars. So, whatever be your model or guitar type, make sure to specify to your insurance provider before the insurance is done. Depending on the guitar type and requirement, the policy premium is decided.

The guitarist can protect their equipment against damage, loss, or theft. The insurance provider will pay for replacements or repairs up to the specified figure mentioned on your insurance policy.

The insurance will keep you protected from all corners and you can have complete peace of mind. Suppose, you are traveling abroad for a concert and the equipment gets damaged, lost or stolen in transit, you will be mentally broken but financially there will be no such loss as the insurance will get you covered. Damage or loss of an instrument creates pressure both emotionally and financially but when there is insurance, the entire cost of repair or replacement will be covered by your insurance provider.

Conclusion

Insurance must be considered as a primary option for guitar instructors. When you have a guitar, it is mandatory that your instrument must be insured. So, do a survey to find the best insurance provider with an experienced team of insurance advisors who will guide you on the right path and help you to choose your policy according to your need. To get started, consider an online survey followed by asking the acquaintances about their experience. You can also consider reading customers’ testimonials. Be insured and stay protected.

Why Viola Insurance Is An Utter Necessity For Violinists?

In recent times, insurance has become an important aspect and it is essential that every individual must think of getting their expensive items insured. To be precise, insurance is a great means of managing risk. When you decide to buy insurance, the cost of possible loss is transferred to the insurance company and you need to pay a fee for that which is known as premium. Insurance companies put their funds securely as it helps them to grow and pays the amount when there is a claim. There are several advantages of having insurance and this is certainly not an exception with musical instruments. When you own a viola, make sure to go for viola insurance. 

If you are a professional violinist, then it is vital that you must insure your insurance to stay protected. When you opt for insurance, it will not only give complete coverage to protect your instrument but you will have complete peace of mind while touring with the instrument. When you travel with your viola for a concert, it might happen that the instrument might get lost damaged or stolen. In that case, the cost of replacement or repair will be covered by your insurance provider.

Do a comprehensive study

Buying insurance is not an easy task as there are many companies each vying to be the best in the market. When it comes to insure your instrument, you might get baffled seeing so many companies offering insurance for musical instruments. All you need to do is to extensive research to find out which is the best insurance company for viola insurance. The next step involves you to do review policies and see how suitable it is for your instrument. It is always advisable to check with the insurance company that they have experienced a team of professionals possessing adequate knowledge about the particular model that you own. Reputed insurance companies have executives who render complete help to the customers in deciding the right policy for them. Moreover, the insurance must be so chosen that it must fit within your budget. Premium needs to be paid yearly and must not create a burden on you. So, both the policy and premium must be suitable for you.

You must devote time to gain knowledge about insurance as it can make a huge difference as you will end up buying the appropriate policy that will help you to protect your investment.

Safeguarding the investment, to be precise, the instrument must be your first priority. Thus, you must not delay in getting it insured as soon as you buy it.

Conclusion

Being a professional viola player, having insurance is a great relief. It eases pressure and tension. When you have the insurance, touring becomes hassle-free. You need to pay quite a hefty amount in buying your favorite instrument that in turn helps you in earning. During any untoward incident, you will certainly not want to spend again. When you have the insurance, it is covered. Stay insured, stay protected.