Why Do Independent Musicians Choose Music Insurance Companies?

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Musical instrument insurance providers underwrite music gear insurance for music professionals and music enthusiasts or hobbyists. Do you own a musical instrument? Are you an independent musician? A comprehensive musical instrument coverage plan helps you (the insured) if a third-party file a lawsuit against you involving the gears. An insurance policy comes into play when your equipment is damaged or needs repair or replacement. It also works in case of theft. Therefore, with so many feathers in its hat, musical instrument protection products from a trustworthy dealer will always save your day in the time of need.

This blog will take you through the importance and other aspects of having a dedicated musical instrument insurance plan from a reputed Music Insurance Company is vital. Read on!

Why is an independent musical instrument insurance plan worth choosing?

Are you considering getting musical gear insurance for your expensive melodious pals, like violin, piano, guitar, or saxophone? You have made a wise decision. Indeed!

Your homeowner insurance plan may cover your musical paraphernalia. However, ...
... that coverage would be limited. And, for a professional musician, it would be of no use because personal property coverage policies will not cover your instruments if something happens to them outside the home. Are you terrified upon hearing this? Wait! A sigh of relief comes your way. Keep reading.

Unlike home insurance policies, with a specialized musical instrument protection plan, you can avoid paying for heavy monetary losses due to damage or loss to your gear, even outside your home or state - an added advantage. Plus, you can continue your work should your musical buddy suffers damage or loss. The reason is - your independent musical instrument insurance plan will provide for the replacement.

In simple words, you can trust your string, woodwind, or whichever type of gear you have, with a suitable musical instrument protection plan from the house of a trusted Music Insurance Company in your state.

List of most commonly covered instruments by musical gear-specific insurance policies

Most customer-centric music insurance providers cover the following musical instruments:

• Guitar
• Cello
• Violin
• Harp
• Clarinet
• Saxophone
• Trumpet
• Flute
• Horn
• Trombone
• Drums
• Keyboards and piano
• Electric gears
• Musical accessories - midis, sheet music, mixers, amplifiers, etc

When does musical instrument insurance come into action?

A reliable musical instrument coverage provider extends protection to your beloved musical gear in the following situations or events. Take a look and be an informed buyer!

• Damage or loss as a result of temperature changes and humidity
• Damage caused by fire and earthquake
• Theft and vandalism
• Damage or loss of the instrument due to water or flood
• Improper workmanship or handling during repair and appraisal
• Damage related to transportation or shipping

As the extent of coverage is more likely to vary from one insurance provider to the other, check with your insurance provider to learn more about the covered perils. Also, industry experts always recommend reading the fine print thoroughly to understand coverage more clearly.

What does musical instrument insurance not cover?

Unlike most insurance products, musical instrument protection plans do exclude some scenarios from coverage. It is always a good idea to learn these exclusions beforehand. It will save you a lot of hassles and, of course, money. Here you go:

• Musical instruments confiscated or seized by the government
• Damage or loss caused by insurrection or war
• Damage or loss as a result of mold, wet rot, dry rot, or rust
• Damage or loss due to wear and tear
• Damage or loss resulting from vermin or insects
• Any inbuilt defect in your musical instrument
• Illegal trade of musical gears

The bottom line

As a music lover as well as a professional instrument player, protecting your setup and equipment is your priority. Isn’t it? Choosing a reputable music insurance dealer makes this easy and transparent for you. Also, filing a claim and getting reimbursed is fuss-free with customer-oriented service providers.