Key Benefits You Get with A Comprehensive Musical Instrument Coverage Plan

What if someone tells you that with just a piece of paper you can cover your musical instruments and accessories comprehensively? Can you guess which paper is being talked about here? No, it is not your home insurance or renter's insurance plan. You can’t even think about comprehensive coverage with your home or renter’s plan. So, it is a standalone musical instrument insurance plan that is being talked about.

Yes, with a dedicated policy your musical gears and your finances are absolutely safe and secure from the mars of the unforeseen and unwanted situations.

However, to make sure that you get the most of your musical Instrument Coverage plan, you have to choose the right service provider. If you make a random pick from the companies operating in your state, you might make the wrong choice. So, research because until you do that you will not be able to recognize the reliability and credibility of the insurance providers.

Key benefits of musical instrument insurance plan

In the meantime, let us find out the key benefits you are likely to avail with a standard musical instrument insurance plan with a good insurer.

All Risk Covers

Does all risk mean all possible risks that you may come across concerning your musical instruments? Many people wonder and ask this question. Well, when you have a trustworthy insurance provider by your side, yes, you will get all-risk coverage. All-risk includes every possible damage, loss, or theft. In case you want to know more about the exclusions, you can get in touch with your service provider. However, all possible accidental damages are covered.

Worldwide Cover

No matter where in the world your musical instruments or related accessories are located, an all-encompassing instrument insurance policy will cover them all. And the thing with a home insurance plan is the moment you step out of the house with your gear and something happens to it outside, you will not get any coverage.

Valued At option

The meaning of Valued At is - your insurance provider accepts to cover your musical gears and equipment for the value mentioned in the list of insured instruments. So, the amount you will collect the amount in cases of a settlement claim will be the amount your gear is insured for.

According to industry experts, Valued At is a much better option in comparison to the cost of replacement. The reason - Valued At is predetermined. So you know how much you are going to get from your insurance company against an insurance claim. And, there are no negotiations. It saves a lot of time and hassle.

Difference in Value

With a reliable insurance provider, you are likely to get the difference in value. What is it? This clause makes sure that you not only get the cost of repairing your damaged gear, but also the difference in the value of your musical gear before and after the loss.

Right to Repurchase

Suppose your string, woodwind, or any other type of musical instrument gets damaged, misplaced, lost, or stolen, and you have already received the amount of claim settlement. What if the lost/damaged/ stolen instrument is recovered after all of these? The right to repurchase allows you to repurchase the gear for the same sum that you have received as the claim settlement.

Business Interruption Coverage

What if your gear is lost or stolen and you are not able to perform? How will your insurance plan come in handy here? The business interruption cover with a reliable insurance provider will provide you with a reimbursement if you suffer income loss due to a covered accident.

So, with all these crucial coverage options in place, a musical Instrument Coverage is worth going for.

How Does Investing in Brass Instrument Insurance Safeguard You?

What is the most precious thing for musicians? Any guesses! Well, yes, you guessed it right. The most precious thing for musicians is their musical instrument(s). They pamper their gears as the extension of their body and loved ones. If you are a professional musician or an aspiring one, you already know the value of musical instruments and the related paraphernalia. So, you do every possible thing to ensure that your gears are safe and secure. Right? Cleaning, maintenance, repairing, and all things needed. However, here is a crucial question for you?

Why is investing in dedicated insurance worth it?

Have you got the Brass Instrument Insurance for your brass musical gears yet? Brass instruments are delicate and quite expensive. Therefore, these need proper protection plans. Most musical instrument owners, when talked about musical instrument insurance plans, think it is not worth it. The reason behind such a perception is that they believe that their home insurance would be enough, and buying a separate policy would be a wastage of money. Do you also think alike? If so, then this piece of content will help you understand the importance of having an instrument-specific insurance plan and why investing in it safeguards you.

Ship your instruments without worrying

Are you planning to ship your brass instrument to an overseas country for a show? Allowing other people to handle your valuable musical instrument is indeed a nerve-wracking experience. With your gears covered under your home insurance, your worries could become nightmares because shipping is least likely to be covered under it. However, if you have a standalone insurance plan for your musical gears, you can take a sigh of relief.

Protect your income

Even if your instrument is lost, damaged, or stolen during transit, your all-risk cover insurance plan will come to your rescue. This type of coverage, you are not likely to get with your home insurance.

Here is an example to help you understand it well:

Suppose you are out for a concert. And accidentally, your brass instrument is damaged, followed by the cancellation of your show. A canceled concert also means a loss of income. Unfortunately, your home insurance cover will not provide for business interruption due to unforeseen perils. However, your Brass Instrument Insurance will.

Stay away from a legal mess followed by a public liability

Public liability can happen anytime, anywhere, especially with your profession where you are mostly surrounded by too many people. Your home insurance plan will be of no use in case of public liability. So, the medical bills or maybe the legal fees, everything, you will have to bear on your own. However, when it comes to a musical instrument insurance plan, it covers third-party liability and allows you to safeguard your finances.

So, with all of these benefits in place, don’t you think investing in dedicated musical instrument insurance is one of the best things you can do for your beloved brass instrument? However, before you buy any policy make sure to choose a good and trustworthy insurance provider.

What makes an insurance provider worth choosing?

As there are many insurance providers in your region, how will you make sure that the one you intend to choose is the right choice? Well, this is one of the most common questions people ask. Here are some of the quality parameters given below. Make sure to check these out before selecting an insurance company:

●    License
●    Memberships with relevant bodies
●    Certifications
●    Important credentials
●    Positive customer testimonials

These points are the benchmarks of reliability, credibility, and quality. When an insurance provider has got all of these, you can trust their dedication towards their customers.

Why Violin Insurance is Important for Musicians?

Let’s ask you a question without any introduction. Are you a violinist? If yes, what if your precious string instrument gets damaged, stolen, or torched in an accident? Are you trying to recall whether you have included your musical instruments under your home insurance or not? Well, even if you have, then also the chances of getting comprehensive coverage are very thin. Therefore, without wasting your valuable time, make sure to get a dedicated Violin Insurance right away!

Financial protection means a lot

You might be wondering; can a dedicated musical instrument policy replace your beloved string? No, neither can it replace nor can it prevent a mishap involving your musical gears. However, it can ensure that at least your finances are secure so that you can get another instrument. Initially, you might feel that if or not it is worth going for a dedicated musical instrument insurance plan. However, once you have it, you will feel at peace for sure.

Don’t stay half-covered! Buy a dedicated plan

Some people happen to secure their musical gears through the home or renter's insurance plan. However, it might not turn out to be what you are looking for. For example - if music makes a significant part of your livelihood, whether you are a musician or a music teacher, you might come across situations that your home insurance might not cover. Therefore, a designated Violin Insurance is a must-have for all musicians, no matter a blockbuster band or a group of beginners.

Musicians should get a dedicated musical instrument plan. Why?

Musical instrument insurance for all


An all-encompassing insurance plan offers a wide range of coverage options to musicians, music teachers, music shop owners, as well as collectors. These insurance options help safeguard and minimize the risks of owning valuable musical gears. Right from loss or damage due to fire to violin repair, a good insurance policy covers it all. Moreover, whether you are a noted musician or just a hobbyist, a suitable musical instrument plan does not differentiate and provide equal coverage.

Safeguard your livelihood

If you have insured your violin for its value in total, you can make sure that it remains safe and you never have to miss your concert due to the unavailability of your gear. Also, unlike your home or renter's insurance plan, your musical instrument insurance plan will cover your gears along with the accessories.

Worldwide insurance protection

Although you would not even want to imagine this situation, such mishaps do take place. Confused. Right? Suppose you are on a musical tour for which you have to travel to different places and countries. God forbids, but what if you find that your gear has gone missing on completely foreign land? Or, what if you have accidentally damaged it beyond repair? Unlike your home insurance plan, an instrument-specific policy offers worldwide-all-risks cover.

No more public-liability-related worries

You never know how financially draining a lawsuit can get until you experience it. Having said that, in your profession, a minor case of public liability can end you up in major legal issues making you shell out fortunes. However, when you have a dedicated musical instrument insurance plan, you do not have to worry about all of these, as your policy will have your back covered.

Complete protection under one roof

Now that you know the importance of a musical instrument insurance plan for a musician, it is time to choose a good insurance company and buy a policy. With a reliable service provider, you will get complete support right from choosing a policy to claim settlement, as and when needed.

3 Top Frequently Asked Questions About Music Studio Coverage

Whether you are the owner of a decent home studio, a semi-professional, or a fully-professional music recording studio, one thing that is more likely to be your primary concern is probably how to protect it. Isn’t it? Those who own a petite bedroom or a home studio might think that there is nothing to worry about because of their home insurance protection. However, the scene might not be the same on the other end of the tunnel.  

A home insurance plan is least likely to cover any item or property that is being used for commercial purposes. Therefore, as a music studio owner, it would be wise, if you opt for comprehensive Music Studio Coverage.

To make things easier for you, here we have made a list of some frequently asked questions about recording studio insurance. Let’s go through them to clear the doubts!

How much is likely to be the cost of recording studio insurance?

It is more likely to vary from one insurance company to the other. However, generally, it depends on some crucial factors, such as your location, settlement claims, the extent of coverage, among others. In order to find out the cost of a recording studio insurance, the best thing to do is to get in touch with a reliable insurance provider and discuss what all you want your insurance plan to cover and at what cost you can avail those benefits.

Why is it important for studio owners to buy dedicated insurance plans?

Being the owner of a recording studio, you are responsible for any problem that may crop up and related to your business. Here are some examples that will help you understand better -

If your studio suffers fire damage, you will be liable for paying for the cost of repairing or if needed, replacing any musical instrument or equipment.

If a student or a musician gets injured at your recording studio, it would be your responsibility to pay for his or her medical bills. Unfortunately, if the injured person files a case against you, then you have to pay for the legal fees as well.

These are the glimpses of what problems may arise if something goes wrong surrounding your music recording studio. And, needless to mention but the cost that you are likely to shell out for all these might swipe off your bank balance.

However, if you have the right protection for your property, your insurance plan will protect you against the matter that can go wrong.

Also, in many states, besides financial protection, Music Studio Coverage is needed by law. Therefore, if your facility is not insured, you are most likely to face severe consequences.

Which are the options that you should buy for your recording studio?

For comprehensive protection, you should keep the following policies in place. Make sure to check with your insurance provider beforehand. Now, let's take a quick look at them:

●    Public liability insurance cover
●    Commercial property cover
●    Professional liability protection
●    Workman's compensation cover
●    Product insurance

So, these are three of the most frequently asked questions people ask about recording studio insurance. Hopefully, these will help you clear your basic doubts about the same. No matter what is the type of your music studio, as said earlier, you should not ignore the importance of a suitable insurance protection plan.

What makes an insurance provider standout?

As you will find many insurance companies in your state, there are certain parameters you should use to gauge the credibility of an insurance provider. It includes the following:

●    License
●    Accreditation
●    Certifications
●    Memberships
●    Customer testimonials

Choosing an insurance provider based on these parameters will help you find a reliable and customer-centric insurance provider.

Why Should You opt for Viola Instrument Insurance?

You own a viola and a couple of other musical instruments. You are a very organized person and make sure that every aspect of your life is well-organized and up to date. Therefore, you have got all documentation in place. Right from the home, car, and health insurance, you make sure that all the premiums are paid on time. However, in spite of being so careful and meticulous, you did not buy separate insurance for your viola and other instruments. The reason - you are pretty much sure that your home insurance is protecting all your belongings and your musical gears are no different.

Dear reader, this is where you need a reality check and a second opinion on why your home insurance is not enough and you should opt for a dedicated Viola Insurance.

Why do you need to think beyond the home insurance policy?

As the name suggests, your home insurance policy is specifically designed for your home and its belongings. Although it will cover your gears as a part of your belongings, you are least likely to get comprehensive and full-risk cover for your gears.

Apart from the partial cover, there are many other shortcomings of home insurance when it comes to covering your musical gears. Read the following pointers to know more:

●    As musical instruments are valuable, your home insurance is most likely to cover them up to a certain extent. In simple words, it means incomplete coverage. However, if you opt for an instrument-specific insurance policy for your viola, you will get comprehensive and full-risk cover.

●    Then comes the commercial use of your musical instruments. If you use or have used your gear for professional purposes against monetary compensation, even for once, you will not be covered by your home insurance. However, your Viola Insurance will make sure that you and your source of income are well protected against all the perils. Therefore, it will cover professional use.

●    Your home insurance is least likely to cover your musical instruments out of the premises of your home (the insured property). So, suppose, you took your viola to your school or a local music gig and it broke or got stolen or suffered damage. In such a scenario, as the accident happened out the premises of the insured property, your home insurance policy will be of no use. However, if you have a musical instrument insurance plan, you can take a sigh of relief as it will protect your gear no matter the location.

●    If you are a professional musician and need to travel because of your shows and concerts, then you need musical gear insurance like no one else. However, there is no way your home insurance will help you with this. Therefore, dedicated musical gear insurance. It will cover you no matter which part of the earth you are.

●    How can you not consider public liabilities when you are a musician who is mostly surrounded by people? Always remember, any kind of third-party liability has the ability to drain your finances. Therefore, it would be better to stay prepared before misfortune strikes.

You own a viola and a couple of other musical instruments. You are a very organized person and make sure that every aspect of your life is well-organized and up to date. Therefore, you have got all documentation in place. Right from the home, car, and health insurance, you make sure that all the premiums are paid on time. However, in spite of being so careful and meticulous, you did not buy separate insurance for your viola and other instruments. The reason - you are pretty much sure that your home insurance is protecting all your belongings and your musical gears are no different. 

Dear reader, this is where you need a reality check and a second opinion on why your home insurance is not enough and you should opt for a dedicated Viola Insurance.

Why do you need to think beyond the home insurance policy?

As the name suggests, your home insurance policy is specifically designed for your home and its belongings. Although it will cover your gears as a part of your belongings, you are least like to get comprehensive and full-risk cover for your gears.

Apart from the partial cover, there are many other shortcomings of home insurance when it comes to covering your musical gears. Read the following pointers to know more:

As musical instruments are valuable, your home insurance is most likely to cover them up to a certain extent. In simple words, it means incomplete coverage. However, if you opt for an instrument-specific insurance policy for your viola, you will get comprehensive and full-risk cover.

Then comes the commercial use of your musical instruments. If you use or have used your gear for professional purposes against monetary compensation, even for once, you will not be covered by your home insurance. However, your Viola Insurance will make sure that you and your source of income are well protected against all the perils. Therefore, it will cover professional use.

Your home insurance is least likely to cover your musical instruments out of the premises of your home (the insured property). So, suppose, you took your viola to your school or a local music gig and it broke or got stolen or suffered damage. In such a scenario, as the accident happened out the premises of the insured property, your home insurance policy will be of no use. However, if you have a musical instrument insurance plan, you can take a sigh of relief as it will protect your gear no matter the location.

If you are a professional musician and need to travel because of your shows and concerts, then you need musical gear insurance like no one else. However, there is no way your home insurance will help you with this. Therefore, dedicated musical gear insurance. It will cover you no matter which part of the earth you are.

How can you not consider public liabilities when you are a musician who is mostly surrounded by people? Always remember, any kind of third-party liability has the ability to drain your finances. Therefore, it would be better to stay prepared before misfortune strikes.

So, these are some of the many situations wherein your home insurance might not protect you as expected. Therefore, having a dedicated musical instrument insurance plan is imperative. You can find a decent musical instrument policy with a customer-friendly and reputable insurance service provider. However, always make sure to find a licensed, certified, and experienced service provider for sure. These documentation and credentials are the benchmark of trust, quality, and reliability. So, you should not ignore them.

Get Your Fiddle Insurance from a Reliable Insurance Company

Affectionately being used as another term for their violins by the western classical players, the fiddle is also a string instrument that is loved and cherished by musicians from all over the world. So, like you take proper care of your violin or any other musical instruments you have, you need to ensure continual care and time-to-time maintenance and repair for the fiddle as well.

And apart from the regular cleaning and maintaining things, there is another essential aspect associated with musical gears that you should not forget. Yes, we are talking about Fiddle Insurance here. Having a separate insurance policy for your gears exclusive of your home insurance policy is one of the wisest things to do.

Why not home insurance?

This question is sort of universal, and everyone asks this. It is because your home insurance plan is least likely to provide comprehensive coverage to your musical instruments, even in the cases of fire and theft. And, in most cases, it will not cover your gears in case of accidental damages, public liabilities, and if you have used your instrument for a commercial purpose, no matter what.

What features will you get with your dedicated musical instrument insurance plan?

You will find different Fiddle Insurance policies in the market, each claiming to provide you with best-in-class coverage. However, remember one thing, someone else's best might not be the best for you as well. Therefore, one of the most important things to do here is understanding your needs beforehand. Once it's clear in your head, you can make an informed choice. 

Although the features of musical instrument insurance policies might differ from one insurer to the other, the standard features available with noted service providers are likely to include the following:

Your gears are covered against accidental and natural damages

A standalone musical instrument insurance plan is more likely to cover your gears in case of accident damage along with cases of theft, fire, and other natural calamities. It will keep your gears safe and your finances well protected.

You get worldwide cover

You are most likely to get coverage for your musical gears across the globe if you have an instrument-specific insurance plan. Most reliable insurance providers offer this feature with their insurance policies. However, as you get the opportunity to customize your policy with a customer-centric insurer, you may or may not choose this cover. However, if you are a frequent traveler, it is highly recommended to include the worldwide cover. Or else you might remain unprotected in a foreign land.

Public liability cover is a big savior

Public liability cover is an added benefit of buying a separate musical instrument insurance plan. Needless to say but a case of public liability means a huge financial burden on your shoulders coming from out of the blue. And, if you are not prepared, all your savings and financial plannings are most likely to get exhausted out of nowhere. However, if you have a decent amount of insurance cover for your musical gears that also includes public liability, you can stay safe and happy.

The qualities of a reputable insurance provider

So, these are some of the best features of musical instrument insurance policies taken out from a reliable insurance company. If you are finding it hard to choose an insurance company, make sure to remember the following pointers:

●    Choose an insurance service provider with years of experience in the market
●    Choose an insurance provider who holds a valid license.
●    Choose a service provider that is a member of the lead bodies that regulate music and musicians.
●    Choose a service provider who offers upfront pricing with no hidden games.

Musicians Insurance - The Best Solution for a Musician’s Financial Foes

 

 

It goes without saying that you have worked hard and put in a lot of time, effort, and resources to sharpen your musical skills and reach the point where you are standing right now. And, perhaps, you have spent fortunes on collecting your musical instruments and taking good care of them. Right? So, what have you done so far to protect your musical instruments? Well, you have made regular visits to the maintenance and repair workshop, you have cleaned your gears properly, and most importantly, stored them securely in the right cases. However, have you invested in buying a musicians insurance plan? If you don’t have this documentation yet, you cannot claim that your musical instruments and the entire paraphernalia you have are protected from the possible perils. Can you?

 

Dear reader, if music is your life, it is your livelihood too. And, you need to do whatever it takes to secure your livelihood or business from the uncertainties of life.

 

Know more about insurance policies for musicians

 

As far as insurance plans designed for musicians are concerned, there are two aspects associated with them. They are - insurance for your musical instruments and public liability cover.

 

Safeguard your gears like never before

 

If you are a professional instrument player and you are almost always busy playing in a lot of music gigs across the world, your gears mean a lot to you, right? In such a scenario, you should get your gears insured without giving any second thought to it. No matter whether you have home insurance or not, dedicated musical instruments insurance is a must for musicians. If you take a look at your home insurance policy, you are most likely to find exclusion clauses too. One of them might read that if you play your instruments for commercial purposes and derive income from them, your gears won’t be considered as a part of your home insurance coverage.

 

Say goodbye to public liability

 

Another aspect of Musicians Insurance is public liability cover. This part is integral to risk financing and protects you from public liabilities, including lawsuits, medical compensation, and other similar types of claims. Without this cover, you will not be completely protected against the vicious circle of public liabilities. As a performing artist, you cannot say that you are public-liability-proof owing to the environment you work in. What if you accidentally hurt any crew member? Even worse! What if you injured someone from the audience? Well, long lists of bills would be awaiting! Therefore, public liability cover is very crucial.

 

How much do you need to shell out for buying insurance for musicians?

 

There are several factors depending on which the cost of an insurance policy depends. It includes - the area in which you work, the extent of coverage you are looking for and for how long you want the cover, the number of people in your crew, among others. One of the best things about buying an insurance plan from a reliable insurance provider is, you can customize the policy according to your needs. It will help you save a great deal that you may have spent otherwise.

 

No more relying on home insurance

 

So, all the musicians out there, if you have been thinking that your home insurance plan will come to your rescue in the time of need, now it’s all clear to you that dedicated insurance for musicians is important. So what are you waiting for? Get in touch with a reputable musical insurance service provider and find the right insurance plan for your gears. Once you have the protection of an all-inclusive insurance plan, you take a big sigh of relief.