Musical Instrument Coverage Kicks in When Uncertainties Can Knock You Out

Picture this: You own a 1969 Fender Mustang, and you went to a concert with your guitar as an audience. After hearing a not-so-good rendition of your favourite number, you got furious and smashed your guitar into pieces out of the bad mood. After a couple of moments, you realized - what blunder you have done!!! You immediately called your home insurance provider, filed a claim, and they quickly reimbursed the entire value of your Fender Mustang. Wow!

WAIT! Do you think insurance policies work like this? NO. They don't! And, although your home insurance plan may protect you against many perils, right from theft to natural disaster, it won't cover you if you intentionally break your musical instruments.

Moreover, it has several other limitations too. So, what should be your take here? To ensure all-encompassing coverage, make sure to get a specialized musical instrument coverage policy.

When will your musical instruments insurance plan kick in?

Unlike your home or renters' insurance policy, musical instruments insurance plans protect you from accidental damage to your gear or mysterious loss of the same.

Here are some situations, for example:

●    You are rehearsing with your musical instruments, and suddenly it broke due to a fall or pressure.

●    You left your guitar in the lounge of a gig space and went to the loo. When you came back, alas, it was gone, and you never saw it again.

●    You are relocating your home music recording studio to a new house. While shifting your musical instruments, you dropped your flute, damaging it badly.

●    You and your crew decided to do a roadshow. Wow! Great idea! When you were in the midst of the jam, suddenly it started raining. As worse as it could be, your electric piano and guitar were gone with lightning sparks.

These are some of the many situations where your musical instruments insurance plan will kick in and protect you and not your home or renters' insurance. 

What musical gears does insurance for musical instruments cover?

Many people ask, is musical instrument coverage only for traditional instruments? Well, although it would be wise to confirm it with your provider in the first place, most customer-centric insurance providers cover a wide range of musical instruments, regardless of their families, models, and makes. So, whether you want to include a guitar, a flute or a turntable, or a MIDI keyboard, you can always do the same.

What about the sheet music and other accessories?

Coverage for musical accessories is one of the best things about dedicated musical instrument insurance policies with reliable and customer-oriented insurance providers. Yes, you heard it right. With a comprehensive musical instrument plan, not only your musical instruments but the accessories are also covered, including sheet music, cables, speakers, mic, and others.

Also, a comprehensive musical instrument insurance plan makes sure to cover different types of musical instruments. So, whether you want to insure your woodwinds, strings, keyboards, or anything else, you have your back covered. No wonder the policy is called all-inclusive.

Will your home insurance cover you if you play professionally?

If you simply want to rely on your home insurance plan, you should keep something important in mind. If you play professionally, your home insurance will not cover you.

To conclude!

So, these are some of the crucial information about musical instrument insurance plans and how they differ from home insurance. Hopefully, it will help you clear all your common if and buts associated with protecting your musical instruments.

Once you have assessed the range of coverage you want, choose a good insurance provider and get your gears covered before it is too late.