What are the Limitations of Insurance for Musicians?

Being a musician takes you through many undiscovered terrains of life. Some are fun and entertaining, while some are perturbing and full of ups and downs. And one of the inseparable parts of your life is your musical instrument, regardless of the family, it belongs to. Not only have you spent a lot of time and resources on curating and buying your gear, but it has been there with you since your journey as a musician. So, what plans do you have for its protection?

Sure, to buy insurance for musicians? Get it before you require it!

No matter if you are a small-time gig player, a pro, or just the one who loves music, you may consider insurance for musicians for the complete safety of your musical instruments and your peace of mind. And in case you do, make sure to get one before a stroke of misfortune blows you unprotected musical instruments, leaving you amid rough waters.

Do all musicians musician’s insurance?

Just like musical instruments, musicians are also of different types and genres. So, who should go for a music instrument insurance plan? Well, a very crucial question, indeed! If your life and livelihood depend on your musical instrument, investing in an all-encompassing insurance plan makes sense. It is imperative.

Because unfortunately, if your woodwind, string, keyboard, or any related accessory(s) goes missing, gets stolen, or damaged, your instrument-specific insurance plan will help you minimize the loss to a great extent. Whether you need to rent a replacement gear, get the damaged one repaired, or buy a new one, your insurance policy will come to your rescue.

Also, if you traveling-musician, insurance for musicians is a serious consideration for you. You cannot predict an unforeseen situation before it actually hits. What if something unwanted happens to your gear in a new country? If you have an insurance protection plan covering you, you are safe, no matter where on the Earth you are.

Do musical insurance plans have any limitations?

Like every coin has two sides, everything comes with its share of pros and cons. Musical instrument insurance plans are no different. So, yes! These do have limitations. Have a look at the given pointers to get a clear insight!

Your musical instrument insurance plan is just an addition to your bill. It stands true, especially if your gear is not much expensive or you don't play it often. The reason - in such cases, the sum of money you have invested in buying one exceeds the benefits.

Also, there are some musical instrument insurance companies that may ask you to shell out a small amount of money as a deductible if something goes wrong with your gear. So, you should never think that you might not have to pay for any repair ever.

Another downside of instrument-specific insurance plans is, no matter how much money you spent on buying your policy, it is least likely to cover the following scenarios:

●    Loss or damage to your gear owing to your negligence
●    Loss or damage to your gear because of your intentional attempt to break it
●    Loss or damage to your gear due to poor storage
●    Loss of damage to your gear due to regular wear and tear
●    Also, your insurance plan will not cover you if your gear is seized by any government authority

The key takeaway

Irrespective of the minor limitations of musical instrument insurance plans, musical instrument owners should not forget about the upsides of the same that are most likely to supersede the downsides.

If you still have any confusion around insurance policies for musicians, you can get in touch with a reliable and reputed insurance company operating in your state.

Why Flute Insurance Should Be Your First Priority?

The flute is perhaps one of the oldest musical instruments and the most incredible one as well. Whether it is a local orchestra or world music, the flute has got a special place in the hearts of musicians all across the world of music. So, as a flute player, you should be proud to be able to weave magic with your flute. However, given the incidences of crimes surrounding musical instruments, don't you think that protecting your flute under an all-encompassing insurance plan should be your top priority?

What if you have already included your gear under your home insurance?

Yes, we know that you have your home insurance plan in place and for which you shell out a hefty amount every month or so. However, your flute needs much more than that. Here are some of the main reasons why. Let us take a quick look!

●    First of all, your home insurance plan will not provide you sufficient coverage if your flute is stolen or damaged. Accidental damages are also not covered.

●    Secondly, under your home insurance, your flute remains without protection, the moment you take it outside the insured property, i.e., your home.

●    Thirdly, if you play your flute against commercial benefits, then also, your home insurance plan will not cover it.

●    Fourthly, in the case of public liability, any third-party mishap surrounding your gear will not be covered. Be it legal fees or medical bills of the third-party, you will have to make the payment out of pocket.

So, these are some of the many instances when your home insurance plan will not cover your musical instruments. Therefore, it is highly advisable that if you are a flute owner, you should get yourself comprehensive Flute Insurance right away.

Now that you are familiar with the cons of your home insurance plan when it comes to securing your musical instruments, let us find out how an instrument-specific plan happens to cover all the loopholes of home insurance and gives you complete coverage.

●    A dedicated Flute plan taken out from an experienced insurance provider will protect your musical instruments against almost everything. It includes theft, robbery, shoplifting, fire, flood, rain, earthquake, and other natural disasters, unlike your home insurance.

●    A standalone musical instrument insurance policy covers your gears worldwide, no matter where you go, unlike your home insurance plan. Suppose you are on a musical tour to somewhere you have never been and your gear gets misplaced while in transit. A musical instrument plan will not only pay for the replacement cost but also save your day in a foreign country.

●    A musical instrument insurance plan will protect you in cases involving a third-party. Suppose you have a music gig in an auditorium in your city. The moment you start performing, the mic stand/sound box falls over an audience, breaking his/her bone. Who else will be held responsible for the same other than you? And if it happens, you will have to pay for his/her medical bills. And in the worst-case scenario, if that person files a lawsuit against you, you will have to bear the legal expenses as well. However, when you have an instrument-specific insurance plan, your insurance provider will take care of that and you can take a sigh of great relief.

Important factors to remember

So, these are some of the many ways how dedicated Flute Insurance protects your gear and your finances. However, in order to get the most of your insurance plan, you need to take care of two things - choose a reliable insurance provider and pay your insurance premiums on time.

Reasons Why We Should Invest in The Viola Instrument

Losing your viola can be a particularly stressful experience-the toll it takes on you mentally and financially can often be hard to recover from for a significant amount of time, especially if you're a professional player and your instrument is a means to your livelihood. Why get hit by a financial loss when you can rest easy knowing that your instrument is insured and any damage it suffers will be compensated for, accordingly?

Getting musical instrument insurance is more or less a must for anyone who owns an instrument worth hundred or thousands of dollars, be it a music teacher, performer, collector, or even someone who plays as a hobby. Here are some reasons why you should consider getting your viola insured as soon as possible, if you haven't done it already. 

1.    Theft - When you own an instrument worth thousands of dollars, it is bound to attract unwanted attention. The second you leave your viola unattended; thieves might jump at the chance to grab it. You cannot be expected to keep an eye on your viola at all times, so, if the worst does happen, you can still rest assured knowing that your insurance company has got your back!

2.    Loss - It might so happen that sometimes you have so much on your mind that you accidentally leave your viola somewhere and later, cannot remember where that was! While in most of these instances you will most likely get your instrument back somehow, what about that one time you don't? Viola insurance will have you covered in this case as well.

3.    Damage - 'I know exactly how to handle my instrument, there's no way I will damage it' you might think, but if you're a music teacher letting dozens of inexperienced students handle your viola, or you have kids running around the house at breakneck speed, is your instrument still as safe as you think? Probably not. It might even happen to be that you yourself hurt someone with some part of your instrument. For damage caused to and by your instrument, insurance will provide you adequate compensation so you don't have to worry about burning a hole in your pocket with the ensuing costs.

4.    Worldwide coverage - Traveling with your viola and worried that any damage incurred will occur outside the state you got insured in? Not to fret! Instrument insurance coverage is almost always extended worldwide, regardless of where you are. So, if your viola is damaged or lost in transit, you can most definitely file an insurance claim.

5.    Some other benefits - Your homeowners' policy only compensates you if your instrument is stolen from or damaged in your house, but what about all the times that your instrument is outside your residence? Also, does it cover you for damage like mold, wear and tear, etc.? The answer is NO. Instrument insurance is clearly a better alternative because you can claim it regardless of where your instrument went missing or got damaged.

6.    Business Interruption - Some insurance companies might also provide you with compensation if you depend on your viola to make your livelihood. It would make it so much easier for you to get back on your feet after your main source of income is damaged or lost.

Hopefully, these are enough reasons to nudge you towards an investment in viola insurance. If you're convinced and wish to look at available insurance policies, we at Clarion Inc. can help you make the right decision!

3 Common Instances Where Your Gibson Les Paul Guitar Insurance Is Your Savior

Have you bought a Gibson Les Paul recently? Are you wondering if or not you should buy a standalone insurance plan for it or include it under your home insurance? If so, then the former option is highly advisable owing to obvious reasons. Whether you own a Gibson Les Paul,  Fender Stratocaster, or Rickenbacker, your home insurance is not at all the ideal choice. Yes, people do list their musical gears under their home insurance. However, hardly do they know that if something bad happens, they will quite possibly end up in a mess, a huge financial and emotional mess.

 

So, we will talk about how your home insurance leaves you uncovered when you need the insurance protection like nothing else, and, what is the right resort to bank upon. Let's get started.

 

Why is dedicated and not home insurance makes the right choice?

 

Here, we will discuss some of the commonly occurring instances that musicians and musical instrument owners may come across.

 

Instance 1: Let us imagine that your Gibson Les Paul got stolen from your car while you were on the way to the recording studio for rehearsals. So, as this accident happened outside your home, your home insurance is least likely to extend protection to it. Even if the case of theft happened inside your home, then also you are not going to get complete coverage. It means you will not get reimbursed for the total value of your gear. Your home insurance will compensate, but not in full.

 

However, with a specialist Gibson Les Paul Guitar Insurance plan, you are protected completely, inside and out.

 

Instance 2: Suppose you are traveling to a new country for your performance. So, you booked your instrument with a noted shipping company beforehand. What if they break your instrument? What if they misplaced your gear? Clueless. Right? With your home insurance in consideration, you will have no coverage if something unwanted happens. Every payment you have to make out of pocket. And, it can cost you more than a fortune, especially when you are not in your country.

 

However, if you have a comprehensive Gibson Les Paul Insurance policy, you are covered, regardless of where you are and where the accident happened.

 

Instance 3: Picture this - you are on stage, all set to rock the night. Suddenly, you felt a loud shudder and found that the sound boxes kept at the edge of the stage fell on a spectator while seriously injuring him/her. That spectator's family member not only asked you to compensate for the medical bills but also filed a lawsuit against you. Forget about your home insurance here. Firstly, because the accident happened outside your home, and secondly because any instrument used for a commercial purpose is not covered under your home insurance.

 

However, with a dedicated musical instrument insurance plan, you are covered against public liabilities as well.

 

So, these are some of the most common issues musical instrument owners face. However, with the right insurance policy, you are safe from all the perils. Also, now that you know - how your home insurance plan does not protect your musical gears and equipment, make sure to find a reputable insurance company and get your gears insured.

 

Worth an investment

 

If you are concerned about the pricing of the policies considering them to be expensive, consult a reliable insurance provider for the best advice. They will not only help you choose an adequate insurance plan but they will always be upfront with their terms and conditions and pricing. And remember, in light of the range of coverage a standalone Gibson Les Paul Guitar Insurance offers, it is worth investing in buying one.