Two of the Common Insurance for Musicians Prudent Covers You Need

In a profession where only a couple of things are fool proof and financial safety is more like an extra, it is crucial for all levels of musicians to get sufficient insurance coverage to cover different eventualities.

It may feel like a bit drab, but there are many circumstances where comprehensive musical instrument insurance becomes a necessity should something goes wrong. Whether it is a case of public liability where a member of the audience or their property gets damaged or theft of your musical instruments, or you need to comply with the norms of a gig space, being well-insured is prudent.

Two of the most common insurance for musicians include - musical instrument cover and public liability insurance. Read on to get to know them in detail.

What is public liability cover? How does it protect you?

Public liability cover shields musicians and performers if someone makes a claim against them. For instance, in an unfortunate event where something goes wrong at a concert or other public event, like an improperly mounted speaker falling, injuring someone from the audience. In such a case, your insurance plan will protect you against any lawsuit filed by a third party. This cover is particularly crucial for those who are involved in regular performances.

What is the musical instrument insurance plan? Is it worth buying?

There is perhaps no problem more upsetting than learning that your beloved instrument has been damaged or stolen. And that uneasy feeling in your gut can get worse if you are not adequately covered.

Did you know - as per a 2011 statistic by a reputable source, around 25% of musicians have their gear stolen or lost every year? Probably, you do not want to be a part of this statistic. Right? So, apart from taking the necessary measures, you should make sure to ensure your musical instrument is your top priority.

What if your gear is stolen? What should be the basic steps to follow?

Even if you own a musical instrument insurance plan, there are some emergency steps to follow in case your musical instrument is stolen. It is not only the standard procedure but will also help you with easy and quick claim settlement. Let us have a look at the below pointers.

Inform the police and report

First thing first. Make sure to report the incident to the police in the first place. It is one of the most critical steps when it comes to getting your musical instrument recovered. After you report the case, you will receive an incident number. Keep this safe and handy as you will need it while communicating with the cops and your musical instrument insurance service provider.

Share posts on social media

Circulating the images and descriptions of your musical instrument on social media can also help yu track down your stolen gear. So, you can use the platforms wisely.

Stay alert

Be it your social media handle, online stores, auction sites, or second-hand shops, make sure to be vigilant. If you are lucky, your musical instrument could end up there, and you can claim it. Although hard to imagine, miracles do happen.

Lastly!

Protecting your musical instruments and livelihood with a reputed insurance firm featuring the best insurance for musicians is an easy chore. It will not only give you a sense of security but also help you feel confident to know that your gears are safe in the event of a covered loss. A pocket-friendly and all-encompassing musical instrument insurance policy is just a couple of clicks away.

All you need to do is proceed online. Many musicians - pro or novice, rely on their insurance partner for comprehensive coverage for flexible options and best-in-class customer support in case of an insured loss, including theft, damage, fire, etc. So, without wasting any more time, find a good insurance partner, choose a suitable musical instrument insurance plan, and get going. When you know you are safe, you can give the best of your performance.

Buy Saxophone Insurance to Keep Your Investment Safe

Have you bought a saxophone, or do you have this woodwind instrument already? Dear reader, regardless of how new or old your musical instrument is, be it a basic student version or a high-end professional variant, it is crucial to take care of your gear to protect it and your investment.

Music gear-related mishaps, including theft, damage, or loss, can happen all of a sudden out of nowhere. So, you can either install a security system in your home for the overall safety of your gear, keep your musical thing well-protected, clean, and maintained, or buy a Saxophone Insurance plan or do all of them.

How to take care of your saxophone?

So, how do you take care of your woodwind? Here you go with some effective tips. Let's read on!

Where do you store your woodwind?

Yes, we know you already have a decent case for it. But, where do you keep that? Make sure not to store your saxophone in an area that is too hot or too cold. Instead, keep it in a dry place - room temperature is recommended. You can also store it in a closet. However, do not keep it in your garage or an attic.

How do you hold your musical gear?

When it comes to a saxophone, make sure to hold it by the bell. And why so? It is because - the bell is the strongest part of your sax. Plus, when you carry it by the bell, the chances of dropping it are reduced.

What about the lyre screw? How do you keep it?

To ensure that the sax lyre is in place and does not wiggle or sway around, make sure to keep it tight enough. If you leave it lose the sax lyre can nibble the brass away from the lyre holder.

Do you use a tooth patch?

If not, you should start doing it at the earliest. Using a tooth patch on the mouthpiece of your saxophone protects your musical instrument and also your chewing weapons - your teeth.

Do you use a neck strap?

A neck strap reduces the weight of the woodwind musical instrument to your shoulders from the neck. It also reduces the possibilities of dropping the gear while giving it more stability. Therefore, make sure to use a neck strap while playing your saxophone.

Do you clamp your saxophone?

Make sure not to do it irrespective of the duration. It is not at all a good idea to keep your saxophone safe. It exposes the pads to bacteria, fungus, and other germs, which is likely to facilitate rot.

How do you keep the keys of your saxophone lubricated?

Are the keys of your saxophone showing signs of stiffness? There is no need to worry about it. All you need to do is - put a few drops of sewing machine oil on the keys, and they will become good to go. Sewing machine oil adds lubrication to the keys and removes any kind of stiffness to allow you play your musical gear with ease and zero hassle.

What do you do after playing your saxophone? Do you clean it?

There are many people who do not clean even the mouthpiece of their saxophones after playing them. If you also do the same, then it is a strict no-no! When you blow into the mouthpiece of your sax, saliva and sugar from your mouth also go into it. It can damage your gear over time. So, make sure to clean your musical instrument after every use. It adds to the life of your gear and lets you play the same blissfully for the years to come.

What type of saxophone coverage do you need?

It is advisable to buy a comprehensive Saxophone Insurance plan for your woodwind musical instrument. It will ensure that your gear, finances, and livelihood are protected from the unexpected unfortunate events.

Key Takeaways

No matter how carefully you keep your sax, it is crucial to buy an insurance plan for its overall protection while saving your finances and good-will.

Studio Coverage: Some Significant Things You Need to Know

Congratulations on opening the facility of your dreams - your music recording studio. Now, you are one of the 5000 or so studios in the USA. So, whether you are an established music recording studio or a new one in the industry, you have the capability to earn significant revenue as your business continues to grow. Right? Owing to the demand and need of the situation, you are likely to invest in buying high-end and expensive musical and related equipment for your studio.

Having that said, you would also need to protect your hard-earned money, i.e., your music recording studio, in any case from the potential risks that may cross your roads. Isn't it? In light of this scenario, none other than a comprehensive Studio Coverage can do the job well and protect all your business assets against unforeseen circumstances.

Counting in the crucial factors when buying an insurance package

There are many critical factors that go into designing an insurance plan for a music recording facility, including the address of your business, the size of your business, the number of team members you have, your experience, and the way you serve the customers. All these factors are a must to count in when deciding on policy pricing. Moreover, as a business owner, you would also look forwards to safeguarding your business with an all-encompassing plan that includes public liability protection, workman's compensation, property insurance, and loss of income, to mention a few. Therefore, you should hire a service provider that can live up to your expectations and provide you with the best possible insurance protection.
 

Talk to your insurance provider!

A music recording studio is an integral part of the music industry and the international market. So, you intend to sheath it from third-party lawsuits and the losses or damage that you may come across in terms of your musical instruments and the entire musical apparatus.

One of the most important things you should not forget is that your home insurance policy is least likely to cover your business property and belongings. Therefore, a separate insurance plan is a must-have for you.

If you are wondering about your risk exposure, you can also get in touch with a reputed legal counsel or your insurance partner. Your insurance service provider may also help you with the same. Their customer care professionals will also help you evaluate your requirements to make sure that you invest your money in the right product.

Factors determining the amount of insurance premium

Now comes another significant factor when it comes to buying a musical instrument insurance plan. Yes, you guessed it right - the pointers that will help you determine your insurance premium. So, let us check them out:

●    Your total annual sales
●    The location of your business
●    The extent or size of your recording studio
●    The number of years you have been operating in the market
●    The number of deductibles you are willing to shell out
●    The extent of coverage you want from your policy
●    The number of employees you have
●    The insurance provider you intend to choose

Addressing all these questions will help you find the amount of premium you have to tip in for your Studio Coverage with a reputable insurance service provider. So, do not forget to consider these when purchasing a comprehensive music recording coverage.

General liability coverage is imperative!

Although music studio owners or other businesses do not necessarily need to have public liability insurance, business operations could become too risky without the same. What if you (your studio) are sued? It could lead to lawsuits costing thousands of dollars or even more. Therefore, you should proactively buy this insurance plan to help your business operate in a hassle-free manner.

Industry experts also recommend getting this coverage for the overall protection of your business against unexpected scenarios that can crop up out of the blue at any point in time.

Music Gear Insurance: A Checklist with Explanations for the Best Buy

When you get a musical instrument, the first and foremost thing you need to do is - buy the right insurance coverage to protect that gear. It is always a good idea to expect the best and plan for the worst. Isn't it? After all, your musical gear is also an investment for you. Are you looking for a suitable insurance plan for your musical instrument? Read on.

Thankfully! You will find a range of different music gear insurance policies in the market. However, you might find it confusing to choose the best option. Do not fret! We have designed a checklist for you. It will help you buy the most suitable insurance plan to meet your insurance needs. Let's check it out!

Here goes the checklist!

●    Are you a regular or frequent traveler?
●    What musical instrument(s) do you intend to protect?
●    Do you know the current market value of your gear? What is it?
●    Are you comfortable with deductibles?
●    How much coverage do you need?
●    Are you also looking forward to taking public liability coverage?

Are you a regular or frequent traveler?

It is crucial to ensure that your music gear insurance policy extends coverage to your equipment or the entire musical paraphernalia while it is on the way and when you are flying or performing abroad. If you are flying, remember to buy a cover or case for your gear approved by the respective airline. Also, do not forget to mention the musical instruments as high value in your policy.

What musical instrument(s) do you intend to protect?

An all-encompassing musical instrument insurance plan taken out from a reliable source will cover all your gears. However, if you own a delicate one, for example, a double bass, you are likely to need additional coverage. So, if it is there in the cost of your gear insurance quotation, however, not covered by standards plan or add-on, do ensure to list these items too.

Do you know the current market value of your gear? What is it?

Although it might feel like an utterly obvious question, if you know the answer, it will help you compare different policies well and equip you to get comprehensive coverage in case of an unforeseen event like loss, damage, or theft. You are also likely to require an appraisal from a reputable dealer or an expert appraiser. An appraiser is mainly needed if your gear costs more than a particular value.

Are you comfortable with deductibles?

Although deductibles are likely to vary based on the right musical instrument policy for you, high deductibles mean lower premiums. You can easily select an insurance plan that covers theft, damage, or loss. However, if the deductible is on the higher end, you are likely to be able to file a claim for minor damages too. So, the choice is yours.

How much coverage do you need?

You are free to choose the extent of coverage according to your needs, depending on the type and value of your musical instrument. However, it is always wise to choose a plan that not only meets the insurance requirements, but is also light on your pocket. The latter part will help you keep on paying your premiums on time without taxing your finances.

Are you also looking forward to taking public liability coverage?

Are you a professional musical instrument player? If yes, then it is imperative to include public liability coverage in your musical instrument insurance plan. This coverage will shield you if someone or their property is injured or damaged (respectively) owing to your performance involving your musical gears. So, for all-around protection, public liability cover is important.

Key Takeaways

Choosing a specific insurance policy from an ocean of options might feel troublesome if you are a first-time buyer. However, going through this checklist will help you with your queries and dilemma and help you find the right coverage option for your musical gears.