Cover Your Ultimate Needs with Ideal Music Insurance Company

Musical instruments are cherished possessions that you don't want to lose from your life. If you are a music lover or enthusiast, you would understand just what this statement means. Even a small scratch across your instrument can seem quite damaging to you, which is why you need to protect your instruments.

When you have a music store, the protection extends to more than one thing. Not only do your instruments need security but also the workforce and the store where you have the inventory that needs to be sold. At such a juncture, you need to connect with the ideal music insurance company that can handle your needs, and offer the appropriate solution.

Choosing an insurance solution for your music instrument or retail store requires quite a bit of understanding of what all can possibly go wrong, and how you can mitigate the risks.

What Home Owner's Insurance Does not Cover?
Home owner's insurance is what many of you are aware of and possibly own too. But, does it cover all your insurance needs, is a question worth answering? When it comes to mitigating minor risks, your home owner's insurance works just fine, but it does not cover the major risks that can pocket losses.

• Damage & Repairs: The home insurance in many ways misses out on damage and repairs cost that your instrument can incur. It does not pay for the losses owing to minor/major damage caused to your instrument

• Custody, Care & Control: When an instrument is in your custody, and a minor or major damage happens, you will need to pay for the damage. If the amount is small the loss seems fine, but in case it is more than you expect, you will face major losses

With home owner's insurance, you are not covered for accident losses or losses caused by unforeseen events. When you are planning to protect your instrument, you will need to think beyond a basic homeowner's insurance.

Planning a Music Insurance
Insurance for your musical instrument or store needs to be planned. You will need to jot down what you expect from the insurance cover.

If you are looking for instrument cover, then you will need to ensure it covers damage, and mitigates the risk due to loss of the instrument. If your instrument is damaged owing to unforeseen circumstances or, while traveling, you can get it covered with the perfect insurance policy.

In case you run a home studio or have your own musical store, you will need to think beyond the instruments for insurance. You will need to consider the people who are your workforce, and also their health and medical issues. Custody and control will also need to be considered when planning insurance cover for your store or home studio.

Music insurancecompany.com offers a wide range of personalized insurance policies catering to your musical instrument and store needs. Get in touch with us for solutions that can help you mitigate risks. We offer innovative and highly personalized solutions by discussing your requirements in detail.

Is Your Music Store Equipped with an Adequate Insurance?

When you own a music store, you are at a constant risk. You can face numerous types of losses, which can affect your business majorly. A commercial insurance can always save you from pocketing the losses. There are different types of cover that can comprehensively assure mitigation of these losses, and keep your investment safe. What type of cover best suits your purpose needs to be determined before you can go ahead with the insurance purchase? The risks can be regular or unique, and depending on that you might need to personalize the cover or, go with off-the-shelf insurance solutions. Before we take a look at the insurance covers, let's determine the issues that music stores can face which calls the need for insurance for retailers.

Need for Insurance
A music instrument store stocks up numerous musical instruments, some of which are expensive in nature. The idea could be to sell the instrument or, rent them out to the person who needs it. Right from cleaning to maintenance and repair of the instrument has to be handled by the store owner. The property maintenance and damage repairs calls for insurance, as even the minimal damages and repairs are taken care of by the insurance company.

Few music stores cater to children, which can raise liability concerns. Most liability concerns are not solved by the general insurance, which is why you may need to go for a

Additionally, music stores frequently cater to children, and this can create a few unique liability concerns. General liability insurance covers many of these risks; but sometimes, particularly if your store offers musical lessons and instruction, you may need additional coverage.

Types of Cover for Retailers
Before choosing the insurance for retailers, you should be aware of the different covers available for the retailer

• Damage Cover: Damage to expensive instruments is always a concern for the store owner. If you have string based instruments, it is liable to damage caused by water or fire that breaks out in your store. Are you covered for such damages? The insurance cover for your inventory is very important for the retailer

• Insurance for Others' Damage: There are times when some unforeseen event in your store can cause damage to the instruments that someone else has brought in your store for repair. Does your insurance cover this aspect as well? This is an important liability cover that most people ignore when buying insurance for retailers. Care, custody and cover is an important aspect that cannot be ignored

• Injury Cover: What if you suffer an accident or, someone visiting your store meets with some accident? Are you covered with necessary compensation for injuries, causalities or death owing to such liabilities? Accident insurance should be part of your insurance cover

• Business Income: Are you covered in case you have to force close your business due to certain circumstances? The insurance cover will take care of your income till your shop recovers from the closure

• Worker Compensation: In case a worker at your store meets with an accident or, is sick with some critical disease. Insurance should cover the expenses incurred during this time

Instead of getting individual insurance for each of the above mentioned liabilities, it is good to get a comprehensive cover that takes care of all your needs. Insurance for retailers from musicinsurancecompany.com helps you avail the top-notch personalized insurance for your unique needs. We also offer health insurance as part of our package.

Why Getting Your Home Studio Insured is Important?

New music is always in demand, irrespective of the economy of the country. In fact, some of the countries battling their economic state have come up with some of the best music, which has swept the global audience of their feet. Creating new music is no child's play. Apart from having creative talents, you need a good studio that can support it, and also the right instrument to help create the music you wish to play.

A lot of bands don't really go out in search of the studios. They are dependent on home studios as it costs less compared to a real studio, and get them the fame they desire. But, the home studio is as risky as other places. You need to protect your home studio from all types of risks, and keep it safe. This is probably why recording studio insurance is important for both home studios and other regular studios.

The studio state in America suggests that there are close to 4700 recording studios in the United States of America. The highest number of studios is in California, and the number is 931. One in four recording studios have been established in the past five years, and the annual studio revenue is quite high.

It is in the best interests of the studio as well as the owner to grab the best insurance to protect the studios and the equipment therein. Each studio, whether home studio or otherwise, owns a range of equipment they consider necessary to give the best recording experience. They also offer instruments, own emerging music technologies, and are complete with all the necessary elements. A small fire or even a small theft can cost a lot to the recording studio. This is probably why insurance is necessary.

Recording Studio Insurance: An Overview
Before you can plunge into buying recording studio insurance, you need to know what it means. This business insurance policy is basically designed to protect the best interests of the studio owners against loss of property or assets. The cover includes all the assets declared important for the studio owner, catering to their specific needs.

The law may not need these policies, but when you are planning to report the theft, and require monetary claims for your loss, then you may need this policy. They can prevent you from getting bankrupt.

The Liability Coverage
The recording studio insurance comes with a range of liability coverage which includes

General Insurance: In case someone is injured or, you face property damage, then you can claim this insurance.

Product Liability: If you are into instrument selling at your studio, then you might want to think of this insurance

Damage to Rented Studios: In case you have rented out a studio, and it has been damaged, you may need to shell out the expenses. With this insurance, you can easily claim your losses

Special Event: This insurance comes to your aid when you plan a special event, and it gets interrupted owing to some serious natural or man-made calamities

So, if you have not insured your recording studio, this might set you thinking on getting recording studio insurance. Get the one that perfectly fits your needs.

Tips to Choose the Right String Instrument

When you ask any musician about their instrument, they would tell you the pains they took to choose the right string instrument. A string instrument has too many parameters involved, and it is one of highly valued instruments possessed by musicians. It is like the wine bottle- as it gets older the valuation grows higher.

That's precisely why you need a good instrument, and a good string instrument insurance to ensure a long life for the instrument, and value addition to your gears.

Buying a good string instrument requires a lot of thought process, research, knowledge of what you want, and finally the best dealer of string instruments. From the material to the cover attached to the instrument, each parameter plays an important role in your choice.

Choose the Right Material
Quality of your instrument depends highly on the material used to build it. There are different types of materials available and each one differs in the pricing and the life it gives to the instrument. Among the popular materials are Brazilwood, Pernambuco, and Carbon Fibre, and Pernambuco fetches the highest price and is a pretty sturdy material, one that lives longer than the others.

Size of the Instrument
The size of the instrument is as important as the material. Your choice of the instrument size depends highly on the purpose of the instrument. In case you are using it for hobby the size will differ from the one being used for professional purposes. Again, the size for a beginner will be different, as they are still getting used to the string instrument, as compared to the instrument size chosen by the expert. Your size, body shape,and physical strength should all be taken into account while choosing the size of the string instrument.

Craftsmanship
The craftsmanship involved in the string instrument is also taken into account when choosing it. The hand-crafted instruments will fetch a higher price and are pretty precise as compared to the others. Again, hand crafted ones are good for beginners.

Tonewoods such as maple are known for the quality they induce in the string instrument. The joining areas along the instrument's body should fit properly, and you will need to keep a check on it. The neck and endpin of the instrument should line up perfectly.

Connect with Experts
It is important to seek second opinions from the experts before you purchase an instrument. They would be able to suggest the instrument that meets your choices and your needs perfectly. These mentors or experts will not talk from a sales point, but will assist you in finding the true companion.

Insure it
When you are buying an instrument after spending a lot of money, it is important that you insure it so that the damage, theft and repairs are covered. Choosing the right string instrument insurance policy also requires a lot of thought. Consider the benefits that you wish to avail from the insurance, and then customize the policy according to your needs.

So, consider all these points, and get your next string instrument now.