Types of Water Damages and Filing Piano Insurance Claim

OMG!!! Your piano’s condition is beyond repair. All you can do is replace it.

This is, probably, the last thing you will ever want to hear about your piano. However, disasters do occur and are real. And, real enough to damage your loving piano and other musical instruments beyond repair. In light of the recent events of hurricanes and floods, it is essential to educate yourself about the next step if your misfortune struck you, and your piano is found being exposed to or submerged in water for a long time. The points to consider includes -

What are the ins and outs of a flood-damaged piano?

●        How will your Piano Insurance work?

●        What should you do if your piano is ruined or broken?

●        What’s the degree of the damage?

●        What are the types of damage?

As far as damages are concerned, they can be of various types. Going through this blog will help you understand the types of damage.

When your piano comes in contact with water

 If your piano is exposed to moisture or water, and God Forbid, if it gets a little submerged into water, the effects will be no less than detrimental. These musical instruments are so delicate that even sharp fluctuations in humidity and temperature parameters can make them unstable and unable to perform without hours of tunings and other stuff.

When your piano is submerged underwater

What if your piano gets submerged in water or till the level of its case? Well, in that case, in all possibilities, your piano must get a replacement. And, don’t you think that the results are quite obvious? When water comes in contact with your piano's soundboard, action assembly strings, and case, it can cause irreparable damage to the internal and important parts of the same. Plus, the glued components and laminations also tend to weaken due to prolonged contact with water. Wood deterioration is another issue that surfaces with time.

When your piano becomes the breeding ground of microorganisms

Besides the damage to the internal and external structure of you, bacteria and fungus build up inside and outside the piano are among some of the most common issues water damage can cause. Experts recommend getting in touch with a mold and bacteria eradication specialist before making any restoration or repair work on the piano.

However, despite all this damage, if you have your Piano Insurance, you are in the safe hands of your insurance provider. With a customer-friendly and reputed insurance agency, making an insurance claim is easy, upfront, and hassle-free. The following tips will make filing a claim easy for you. Let’s check them out -

●        Keep your insurance provider’s name, address, contact number, and policy number handy. It will help you inform them as soon as possible. When you call them, make sure to describe the condition of the piano. Also, inform them that it’s beyond repair.

●        Assess the degree of damage and make sure to document them formally. The more evidence you can provide, the stronger your claim will happen to appear. If possible, take pictures for reference.

●        If your piano needs any minor fixes or temporary repairs, get them done. Another important thing that most musical instrument owners forget is keeping a record of the expenses they have made out-of-the-pocket. Keep the receipts handy. It will help you get the reimbursement without having to face unreasonable claim denial.

●        Make a list of the damaged components of your piano for the future reference of the insurance provider.

It goes without saying that a piano to its owner is no less than a child. And, the right step at the right time can make a huge difference.

Some FAQs to Make Finding Music Insurance Company Easy

What will be your first resort if your recording studio is destroyed in a catastrophic flood or gets torched as a result of an electrical fault or someone’s deliberate action? What if miscreants vandalize your studio and steal your musical instruments and accessories? What if a guitar falls off the rack and injures a customer at your music store? What if you were at a concert and the mic stand fell on someone in the crowd? What would be your first take if something like this happens to you in reality?

An insurance plan is an answer!

You are on this page, which makes it quite evident that you are planning to get an insurance policy. A standard musician’s insurance plan, from a trustworthy Music Insurance Company is the best answer to beat the odds that the given situations are likely to create for you. It protects your finances and gives you peace of mind. Here we've some of the most commonly asked questions that will help you clear your doubts. So, let’s begin!

What if you already have an insurance plan, your homeowner’s cover?

Many people, even professional musicians, think that their homeowner’s insurance plan will also cover their musical instruments. Although it’s quite right up to some extent, there are some catches. Your homeowner’s insurance plan will cover your home and its belongings. Yes, your musical instruments and related accessories will come under it. However, you can file an insurance claim, only if those instruments are broken/damaged/stolen in the premises of your home and not outside it. Therefore, getting a standalone insurance plan is the safest bet.

Public liability - what on the Earth is it?

These days, suing someone or getting sued for literally anything, is commonplace. So, being a musician, you happen to perform across the globe, you tour various locations, and you perform for diverse audiences, right? So, you are always around people. And, anything can happen at the venue while you are performing. A lady or gentleman from the audience might get injured due to slip and fall at the concert because of you. A crew member might hurt someone physically.

In such an unfortunate scenario, you are more likely to be held liable for the same. And then, you have to compensate for the loss or damage, financially. That’s called public liability. The same applies to you even if you’re not a performing artist, but a musical shop owner. A comprehensive musician or music insurance will safeguard you against those liabilities.

Are standalone insurance plans expensive?

The cost of insurance policies vary from one Music Insurance Company to the other. However, in light of the benefits they offer, insurance policies are likely to be cost-effective in the long run. When it comes to the costing of an insurance plan, it depends on your premiums and extent of coverage the policy offers. So, before you choose an insurance plan for your recording studio or musical instruments, make sure to understand the clauses and related terms and conditions. This will help you go for a policy that will cover you, as and when needed.

How to get started?

Before getting started with getting in touch with insurance service providers, you need to analyze your needs in the first place. Most importantly, you need to make an inventory of the items, musical gears, and accessories you want to insure. This will allow you and your service provider to find the most suitable insurance cover for you.

Hopefully, after going through this content, most of your confusion related to music insurance is clear. Make good music and leave the safety and security of your instrument to your insurance policy.

An In-Depth Discussion on How Insurance Can Be Beneficial for the Music Dealers

Any kind of untoward incident is not acceptable and is unpredictable also. Thus, to avert such incident insurance is the only option. It is a means of protection from incurring a heavy financial loss. In recent times, an individual can invest in the business without thinking twice as insurance is there to protect the individual or company from any unexpected loss; now it is super easy to protect one’s livelihood. If you are running a business that deals with musical instruments and tools, then it is highly recommended that you must get a Music Dealer Insurance for your business as it will give complete coverage right from any accident to deliberate damage.

Choose the best

When it comes to opting for insurance for your business, you will find a wide variety of options. But it is advisable that you must not get baffled by flashy advertisement and look for the insurance provider who has years of experience and offers the plan that suits you and gives complete protection. Customized insurance policies are crafted keeping in mind the need of the business owner and provides cover for all tools, machinery, stock, and materials. It is not about insurance, your chosen service provider must have an experienced team of professionals and must offer help in various ways. The reputed insurance company believes in giving complete satisfaction to the clientele and develops a lasting relationship with them which is mutually beneficial.

The premium insurance company understands the intricate requirements of the music dealers. They used their experience and knowledge for creating a comprehensive policy that is so designed and can give full protection to your business. Complete coverage is given to everything. The insurance policy by reputed insurance company protects the business from any loss or damage to the inventory in storage as well as on the premises. To be precise, the company will share all your financial liabilities. They are always at your service when you need them the most.

The professionals of reputed insurance companies are not only responsible but prompt as well. The experienced professionals offer exceptional service, address concerns, and process claims quickly. As customer satisfaction is supreme, prominent insurance companies adopt hi-tech methods for helping clients to reach them anytime and anywhere. Claims can be file; change in policy can be submitted as well as payments can be made anytime when you do online. The insurance provider makes sure to provide the best service to the clientele.

Why choose the premium insurance company?

Choosing a premium insurance company is considered to be essential because of the following reasons:

1. Offers convenient and affordable insurance solution
2. Competitive quotes
3. Offers quotation in minutes
4. Consistent service
5. 24*7 customers service

Conclusion

Now no more brooding over the matter as what to do if any unexpected damage or loss happens to your business as now Music Dealer Insurance will give complete coverage and will protect you from all odds. Enjoy complete peace of mind and run the business smoothly while opting for the insurance from the premium insurance company.

Importance of Purchasing Recording Studio Insurance to Protect the Investment

Owning a recording studio is the dream of every aspiring musician. Setting up a recording studio is not a child’s act. It is indeed a big decision and the money involved in setting it up is also an expensive decision. A music studio indeed holds a precious space in the life of a musician.

When you own a music studio, it is important that you invest in Recording Studio Insurance and investing in an insurance policy is always a rational decision.  It has been seen that the musicians mostly focus on creative aspects. Nevertheless, they must also consider other factors that are closely related and cannot be avoided at any cost such as financial and legal aspects. So, it is highly recommended that you embrace music studio insurance which will give you complete peace of mind from all odds which might come across your way.  Whether you own a small studio or a bigger one, customized insurance policy can a huge difference.

Tips to Consider

Here are some of the tips that one must consider while owning a music studio:

a.       General liability cover

There are several situations when you may hold responsible for bodily injuries and property damage of someone if that person happens to be present at the studio during the time of the accident.  An accident is always unpredictable; it can be a simple slip and fall or can also be an issue from faulty electrical wiring.  When you have a recording studio cover, it will certainly help you to give protection to your finances if it gets stuck in such a situation.

b.      Compensation of workers is vital

When you operate a business, no matter whether from home or from any other place, it is essential that you have compensation insurance for workers. Accidents can take place anywhere and anytime. If any of the members associated with your studio get injured within the studio premises then you will be responsible for paying his or her medical bills as the injury will be counted as the on-job injury. When you have compensation insurance for workers, the expenses will be covered by the insurance company on your behalf.

c.       Insurance for the studio

Always keep in mind, damage of property caused by fire, imperfect plumbing, faulty electrical wiring and so on can lead to discontinuation of running your business.  If your studio is in your home, then the homeowner’s insurance will cover it. On the other hand, if the studio is in separate property, then you need to opt for standalone studio cover. You will only get partial coverage from homeowner’s insurance, thus, it best to get a customized and dedicated insurance cover for the recording studio.

Choose the Best

When you begin your hunt on the internet for the best insurance policy, you will find a wide variety of options that specialize in Recording Studio Insurance. You must look for a reliable insurance company, make sure to compare the policy and choose the one that suits you and serve your purpose well.  It is not a daunting task, all you need to do is to do a comprehensive survey and find reputed, licensed and certified service providers for on-time, quality, and transparent services. Music studio insurance indeed protects the owner and the assets from any kind of mishap.

What Does The Insurance Cover?

When you choose music studio insurance, here are some of the things that you must know which insurance gives coverage. Let’s take a look at the following:

1.       Insurance for the structure and the building

2.       Insurance policy for income continuation

3.       Off-premises insurance policy

4.       Policy for equipment breakdown

5.       Employee dishonesty insurance policy

6.       Signage insurance

The Bottom-line

The music studio insurance will help the owners to a great extent in protecting the assets and will eventually help the owner in managing loses if he or she incurs any. However, choosing the right insurance provider is the biggest concern, make sure to look for the one that is reliable and possess years of experience in the market and can understand what you need exactly.