Guitar Insurance and Appraisal Go Hand-in-Hand

Do you own a guitar? After hours of brainstorming, seeking the word-of-mouth recommendations, and doing a lot of homework, you finally decided to buy an insurance policy for your string. It is indeed a wise decision from your end as your gear is not just another music-making machine for you. It is more like an extension of you.

Also, buying a guitar involves quite a hefty investment. Therefore, getting it insured under a reliable insurance plan is crucial.

Get your guitar appraised!

However, before you get an insurance policy, it is imperative to get your guitar an appraisal. Doing so will help you safeguard your investment by confirming the actual value of your string in the current scenario. Having your gear appraised will allow your insurance provider to provide you with the appropriate extent of coverage.

How is an appraisal done?

If you search on the internet, you will find many reputed musical instrument appraisers and valuators in your state who offer both online and offline appraisal services. You can connect with them for the same. In light of the global health crisis, COVID-19, it would be a good idea to get the appraisal done via an online portal.

As far as the online appraisal for Guitar Insurance is concerned, following the below pointers would make the process easy for you. Let us take a quick look at them:

●    Go to the website of a reputable musical instrument appraisal.
●    Open the appraisal form.
●    Keep the photographs of your instrument (both front and back). If needed, you can upload other images. Make sure that the file size should not be more than 25 MB.
●    You will also need the serial number of your musical instrument.
●    Include the details about repair or modifications.
●    Make sure to include your mailing address and email address.

Once the process is complete, your appraiser will send the appraisal document to your registered email id.

What if you file a compensation claim?

In case your guitar suffered a loss or got damaged or stolen, your insurance provider might ask you to provide an appraisal. However, in case of total loss or damage, the reimbursement happens quickly.

What if you have got multiple musical instruments? Should you get all of them appraised?

Well, to get all your gears appraised or not depends on certain factors. It includes the following:

●    You should consider appraising your musical instruments if their price is more than $500.

●    Also, some musical instrument insurance providers do need appraisals, whereas others might not. So, it also depends on the insurance company you choose.

●    How frequently you use your gear and for what purpose are some of the other factors that you need to count on. If you do not play your guitar outside your home, then the risk of theft, loss, or damage is less than a touring artist. However, to be on the safe side, it is better to get your gear appraised.

How to find a reliable appraiser?

If you are looking for a musical instrument appraiser for Guitar Insurance but do not know where to look, you can do the following:

●    Talk to the dealer from who you bought the guitar
●    Discuss the same with the insurance provider you intend to choose, or
●    Get in touch with the Appraisers Association of America (AAA) for recommendations

Some words of wisdom

Dear reader, musical instrument appraisals take time. The process does not happen overnight. It might take a couple of hours to a few weeks to ensure proper and thorough valuation. So, have patience and let the experts do their job for the best results.