What if your vanity van catches fire or your
guitar gets destroyed by flood or any other elements of nature? What if someone
breaks in or torches your house or steals your precious guitar? Emergencies are
always uninvited and unfortunate. And, only the right protection can shield
your prized possessions and provide you with peace of mind. So, if you are a
musician or play guitar as a hobby, Guitar insurance
is a must-have for you. It’s the only way to protect your monetary investments
in terms of your string instrument and relevant accessories and gear.
Isn’t your homeowners’ insurance plan enough?
There are a number of guitarists and other
musicians who mistakenly think that their renter’s or homeowner’s insurance
will get their guitar covered. They fail to understand that such insurance
policies are designed to cover residential buildings in case of fire, flood,
earthquake, and other related scenarios. To the utmost, a homeowner’s insurance
plan will cover minor scratches, etc. However, what if your guitar has been
stolen or gone completely beyond repair? These scenarios will not be covered
under a homeowner’s insurance policy. For the complete protection of your gear,
you’ll need to buy dedicated instrument insurance. In fact, a large number of
professional musicians do prefer insuring their musical instruments and
accessories under a separate insurance.
How can you get a suitable replacement for
your prized guitar, if not the real one?
All insurance brokers or agents are not
necessarily guitar players or musicians. Therefore, it’s hard for them to
realize the actual worth of your guitar or the actual replacement cost. And,
the majority of the homeowner’s plans have caps on the basis of category or
item. For example – the price of your Les Paul is $ 10, 000 and it’s destroyed
when your home was torched. And, you filed a claim with your homeowners’
insurance service provider. They can replace your vintage Les Paul with the
latest one that costs much lesser than the one you had. However, if you had a
dedicated Gibson Les Paul insurance, they would have recognized the actual worth
of your guitar and would have helped you get the right replacement for it.
How can you get started?
After learning that as a musician, you are
less likely to do without the right musical instrument insurance, you’re
probably looking forward to getting started with it. However, before you start
getting in touch with insurance providers, you should itemize a list of the
instruments and accessories you want to insure. It will help both you and your
insurance provider in the long run.
How about the cost of musical instrument
insurance?
How much you have to shell out for getting
your guitar covered? Are you wondering about the same? Well, the price of good guitar
insurance can vary from one service provider to the other and on the extent
of coverage you chose. Whatever it is, it will not burn holes in your pocket,
provided you’re covered under a reliable and customer-oriented insurance
service provider.
Dear reader, the music never dies, it’s
eternal and heavenly. It can neither be stolen nor be destroyed. However, your
instruments are susceptible to loss, theft, and all the elements of nature.
Therefore, it is crucial to shield it against possible threats to it.
No comments:
Post a Comment