Take a Glance at the Facts about Musical Instruments Insurance

Insurance is imperative in the present modern era. It is an essential element in every person’s life. It has to be done so that you not only secure yourself but also your family. The entire world is facing a downtrend in the economy, and the price of the essential commodities has gone up. In such a situation, every person would want to protect themselves from any kind of calamity.

Here, insurance plays a significant role in the everyday life of an individual. It is vital for the safety and security of the person. There are various kinds of insurance which are newly introduced besides the regular insurance.

Insurance of musical instruments:

You would have noticed that we insure almost everything. The latest in the bandwagon is the insurance for musical instruments. These instruments are very expensive and hence it is crucial to have insurance for the same. Any person who buys saxophone – be it a high-end professional or a young intermediate student who is learning music should always give a serious thought towards protection of their investment. The best option is to buy insurance for your saxophone and flute.

Getting flute insurance and saxophone insurance is a very tricky job. The security system will excellently protect your home, but it will never cover the cost of repairing or replacing your expensive saxophone or flute. Most of the professional musicians will never insure their instruments under the homeowner’s insurance policy. The main reason being that this insurance is very expensive – hence it is a good idea to protect your musical instruments with those insurance companies who provide specific coverage for saxophone, flute, etc.

These insurance companies insure some of the major orchestra, musicians, and collectors. The companies offer multiple types of insurance which are custom made as per the requirement of the clients. The rate of the insurance starts as low as $100 per year.

Understanding the level of coverage

The standard of coverage of the flute insurance and saxophone insurance depends on whether you are a professional musician, a student who has taken it as a hobby or a collector. In the case of a student or a person considered as a hobby – they need basic insurance which will cover minor repairs. In case the students sell the musical instrument then they sell it along with the insurance. Those who are professional musicians, they should get the insurance which is almost equal to the purchase value of the musical instrument. It should also include the coverage for all types of minor and major repairs of the instruments. In case, the saxophone and flute are of vintage style then you need to take vintage grade insurance for the flute and saxophone. Over a period of time, the value of such vintage instruments will increase and hence you should take an insurance which will appreciate – hence proper provision has to be taken while taking such insurance.

While choosing the insurance company for such musical instruments, make sure that they provide the best policies and most important you should get the claims on time.

Do I really need to insure my recorders?

Good recorders are expensive! The truth is that good individual instruments, whether large or small, can cost thousands, and a collection or a consort can easily run into the tens of thousands.

How should we insure against loss or damage of these precious investments?

Homeowners insurance policies: For amateur players, musical instruments are usually covered like any other possession. However, there can be unanticipated surprises arising in homeowners' policies.

•    You might run up against settlement limits if an entire consort or a collection of recorders is lost.Some standard homeowners' policies will only pay out a limited total on such a loss. Check your policy. If necessary, you might be able to add a specific rider to your homeowners policy, or you could opt for specialty coverage (see below). For such coverage, your recorders should be inventoried on detail. You might need receipts.
•    Flood and earthquake damage are often not covered.
•    Breakage may or may not be covered, depending on the insurance company.
•    Appreciation of value over time may not be covered.
•    Are you using your recorders professionally? Homeowners policies generally exclude professional use.

Specialty musical instrument coverage: There are many companies that specialize in the insurance of musical instruments. One such company, Clarion, is a business member of the ARS and offers discounted rates to ARS members. For approximately $25,000 of coverage they charge $160 per year versus $250 for non-members. Of course cost isn't everything; it is always a good idea to shop around online or in person for the specialty coverage you need. Carefully compare the deductible amounts, coverage of floods, earthquakes etc.

Your sheet music collection: Finally, a word about another priceless but often overlooked item - your collection of recorder sheet music and books. Many of us have hundreds or even thousands of pieces and collections purchased for not insignificant amounts of money over the years, and their value can be up in the thousands of dollars. Many people house their music collections in the basement of their house, the first area to be damaged in the case of a flood or an earthquake. Imagine what a catastrophe losing your music would be. Insurance of your music collection is definitely worth considering. Clarion does not cover sheet music, but other companies seem to. Waterproof and fireproof cabinets are also worth considering.

Summary: Calculate the total value of your recorders. Check your homeowners' policy (if you have one) to see if it will cover the value of your entire recorder collection. If necessary, contact a company such as Clarion for specific recorder coverage.

Tony Griffiths
Vancouver, BC

Get Complete Studio Coverage from Reputed Insurance Companies

For a professional musician working in a film industry or having his own shows at the Opera or for a student of music, nothing is dearer than his musical instrument. Whatever musical instrument it could be, an expensive piano that is used by award winning legendary singers or whether it is a small wind instrument, to the musician, it is very close to his heart.

On the same lines, even a composer would be as close to his music studio as much as he is to the musical instruments. Setting up a music studio is very essential for any music band or music composer. He would have to get the licenses, have the room set up, get the musicians together, and run it successfully and profitably. This includes getting music studio insurance too just so that the entire studio could be covered.

Things to do before getting studio coverage:

Firstly, you shall have to look through various insurance companies that are available online itself and if you have few policyholders known too, then consult them. With their knowledge, and your extra information gathered from insurance companies online, you shall be able to get a proper idea.

Secondly, if you have a small home recording set up, even then, it has to have proper musical equipment and these would also be expensive. You cannot lose them or afford to keep replacing or buying, a Digital Audio Workstation (DAW), a MIDI Controller, Monitor isolation pads, a music system, acoustic panels, and diffusers or microphones and microphone stands now and then. There are a host of such tools that would guarantee you perfect quality of music. These are the functioning instruments, apart from these you would definitely have separate stands and musical instruments that would need to be taken care of.

A damage or loss of any of these instruments would mean a big loss. For the same getting them insured would be a splendid idea. On purchasing a musical instrument, you would rather do yourself a great favor by contacting an insurance company and getting a policy done.

Whether it is the entire studio coverage or just for specific high-valued musical instrument, you would have to get it covered at the earliest. You would need to find out the maximum amount that each and every specific company would ask you to have. In some cases, if you wish to get coverage for replacement or equipment that have to be given, for replacement, or for repair works, then you shall get that too covered through insurance. Make sure that you know the insurance company and also find out if they would be working around the world. So wherever the instrument is, it could be insured and claimed.

Why do you need to go for Piccolo Insurance?

Every musician has a particular fondness for a particular instrument. Whether it is a string instrument or a wind instrument, he would be making sure his favorite one is kept in top shape. He would go round the country, in search of buying one from the top makers, and then would keep it forever in his special care. This is the case with everyone - from a sportsperson, to a musician. The love for a particular make of Piccolo or a Viola or even a drum has got musicians flying miles. This said, piccolo is a wind instrument and is a half-size flute used commonly in orchestra. The brands like Yamaha, Gemienhardt 4P, or even other such reputed brands are well known makers of piccolo and these are known for their finish and of course, in playing Stars and Stripes Forever.

Similarly, Stentor or other such reputed makers of violas and violins make some of the brands of viola that would help you in getting your notes high and melodious.

But while you might give a lot of thought behind purchasing a viola or piccolo or even a cello, you have to get yourself and your musical instrument, insurance at the earliest too. These days, you shall be able to get piccolo insurance or even viola insurance from leading insurance companies.

What to consider before insuring musical instruments?

Now that you have decided on getting a piccolo insurance, do look around online and even offline, by consulting musicians and fellow piccolo players or artistes about a top insurance company. These musical instruments would have to be covered to protect them from any damage or loss.

Though many musicians might not be aware, but there are few specialist insurance companies that offer immunity to these musical instruments just so that you do not have to worry about spending for their repair works or even when you lose them.

There are many musicians who are not aware of this facility and they may not have insured it. But whether you are an amateur, or a student of music, or even a band player professionally, you should without much ado make haste and get your instrument insured.
The need for looking into features of policies:

While going for viola insurance, do find out the areas that would be covered. Ask questions regarding the types of damages or loss that the company would offer your musical instrument cover. Would it be possible for the company to insure your instrument in other country? How to proceed with the claims and what would be the minimum amount and the maximum aggregated limit to insure your musical instrument.
A popular or busy musician might in his schedule forget to get the musical instrument insured. But if you value your musical instrument then do not delay in getting a proper insurance done and set for insurance policy.

Getting Performance Insurance for Your Band from Leading Insurance Companies

These days, there are plenty of musical shows held every year, around the world. There is not a single place where there is no musical performance. Entertainment industry has become very popular and people are recognizing talent too. This is great and this said, today, the expense of hosting a musical extravaganza is totally a game that has become a game of money.

It is not a surprise that musical equipment and instruments of famous musicians and composers make the entire set very high valued. But these days understanding that something has to be done to ensure the safety of the equipment and the entire musical band, insurance companies have started specializing in audio equipment insurance. 

Insurance and Music Industry:

These days, show organizers, venue owners, and even the agents for the bands and musicians are making sure that everyone has their insurance in place. The times when a musical instrument could go missing in the hullaballoo leading to the show, or the show organizer might claim that several people from the audience got hurt in a stampeded leading to the show, or even when the show organizers might claim that the musical instruments had damaged their stage. Whatever accusations you might come across, if you have got your music band with performance insurance or a liability insurance, you need not worry.

Since the music and entertainment industry is all about big money, the charges would also not be anything less. If you have your entire audio equipment insured or your band covered, then you shall get time to focus on coordinating and fixing up your tours with various event managers and organizers of shows across the world.

Things to keep in mind:

You might have your own studio and you might have spent a fortune in setting it up or acquiring authentic branded musical instruments. But if you do not give a second thought about getting audio equipment insurance then you are actually causing a lot more damage. The time you buy the audio set or the musical instrument, just get an insurance done for it. This insurance would help you to not worry about any repair work or restoration works that you might have to get it later in life. It is true that various musicians are very particular about the choice of instruments and would not simply switch over to a new instrument very easily.

So, you would rather get your favorite music instrument repaired or restored to look like new and fully functional. However, while going for insuring your band or music instrument, do keep the fact in mind that you do a lot of research about the insurance company. Read out reviews, ask around your fellow musicians whose claims have been settled in time and the amount to invest for the insurance. These are valid points that should not be overlooked.

concert insurance - Must Hire To Protect Your Potential Profits

Accidents and misshapen are uncertain, however, can anytime knock our doors and make our lives hell. Talking about big concerts, business events, and other related shows, you might don’t know, but a huge amount of investment it includes via which the organizers just expect to make an event successful and best of all. But, what if, due to fire, short circuit, unavoidable natural calamities, event cancellations or any other sorts of issues, your big event goes waste or just damaged completely? Do you think, you can easily handle all your losses which you have invested in meticulously planned arrangements for all your guests? This is something will definitely create a big problem for you, if you haven’t taken any protection at all.

This sort of issues can easily come up with any small or big event, however, it is crucial to hire well planned and advisable insurance policy. By hiring the same, you won’t only able to throw safe and secured event as well as it will definitely become smooth facilitation to run a concert, professionally and fuss-free. As said, irrespective a lot of money, lot of people are associated with the same who work day and night and deal with unnecessary stress in order to make up the best event possible.

There are several types of concert insurance plans are available, however, pick up something on which you can rely and at the time of need, it can easily cover all your damages and provide you great happiness. In order to get the best deal, make sure to search out the best insurance provider and don’t forget to include all those clauses and attributes which an easily protect you from all types of drastic situations. Moving with the best insurance company will allow you to experience the best benefits you are expecting to have as well as you will be fully protected and you don’t need to fear of anything.

Role of the best insurance company

Authentic and great insurance company will suggest you the best coverage package to meet all your requirements. Their coverage policy won’t only protect your event venue only; even you can expect to have the best benefits for all the guests, concert-goers and the artists. For compete studio coverage and other sorts of coverage, you will easily get tailor-made or customized plan to fulfill all your needs and requirements.

Organizing concert, definitely a great way to earn money, but picking up the best insurance plan for any concert and studio will always there to support you and eliminate all your problems and troubles and via this, anybody can run the event using very smooth and pleasurable transitions. Using the same approach and little efforts, one can run event without any mental stress and this will definitely get you amazing success and meet all your requirements, easily.

Everything You Know About Musician Insurance And Its Need

We all know the importance of insurance, whether it is all about life insurance, house insurance, vehicle insurance and even musical insurance. Yes, musical insurance is also there which is generally related with the musical instrument insurance and insures the exclusive protection of all your musical instruments.  Accidents can happen anytime, during stage performance or recording music in the studio, however, it becomes so necessary to go with the same and eliminate all troubles and issues, which can rise up due to any misshapen.

To make everything secured and looking for trouble free experience, it is very important to go with the best and logical musicians coverage company which should be dedicated solely to the needs of musicians, their instruments and everything else, worldwide. Undoubtedly, there are sets of insurance vendors who will commit you to give the best protection which will always be in our favor, but make sure to believe in something best, experienced and reliable company.

Be wary to keep you and your heritage instrument highly protected

If you are a part of the music and opted the same as your profession as well as go for various performances, you must be serious to pick the best insurance plan for the protection of yours and your valuable instruments. Picking up the best insurance coverage wisely, will help you to safeguard from any kind of troubles, including- theft, misplace, broken, fire and various other issues. Whether it is all about small incident or big one, its repairing work to maintenance, everything will go very costly and sometimes can make you helpless. Being in touch with the best insurance plan exclusively for your entire instruments will clear all your lines and you can give worry-free performance anywhere.
 
When it comes to orchestra insurance or any other sorts of instruments insurance, many professionals make the mistake of opting wrong plan using unprofessional agent or company, which will definitely give you the taste of failure. Being a music buff, it is really important to focus on taking the best and reliable insurance, which can easily help us in the time of need. If you still don’t believe on the same, just imagine, if you Orchestra, guitar, or any other instruments get broken or damaged, can you easily face all those troubles and expenses of their repair work or fixing other issues? You can, but how can we forget the pain of paying a lot unnecessarily.

To avoid the same situation, it is very compulsory, to hire something best, can guide us the best plan and assure us to safeguard our entire valuable and lovable instruments which can easily prone to threats and danger, anytime. Below is the suggested musician insurance company which can be hired to safeguard all the things you hold and most dear to you and experience its outstanding service.