Benefits of Purchasing String Instrument Insurance

Have you rented your stringed gear, or is it a brand new one? Regardless of how and where you got your musical instrument from or whether it is an advanced level or a beginner level gear, high-quality musical instruments and equipment are more or less expensive. Their delicate and sophisticated make allows them to produce beautiful sounds. And therefore, it is worth investing in musical instruments.

However, how will you make sure that your investment is risk-proof? It is by buying a comprehensive String Instrument Insurance from a reliable source. An instrument policy is that piece of paper that will help you prevent the huge expenses you are likely to incur if your gear is damaged or lost.

Many people wonder, "if buying a dedicated insurance policy for musical instruments is so important, why do most people advocate home insurance policy to protect musical instruments?" Well, that's a good question. It can be because of many reasons, including:

●    Firstly, they might not have been in a situation yet requiring all-inclusive insurance protection.
●    Secondly, they might not be professionals.
●    Thirdly, they might have been playing their strings only inside their homes so far.
●    Fourthly, they might not be aware of the limitations of their home insurance plans concerning musical instruments.
●    And, lastly, they might not be able to fathom the importance of an insurance plan when disaster strikes. 

One More Thing -

Although ideally, you can always include your string instrument in your home insurance policy, the extent of coverage might not be up to the mark. Therefore, getting a dedicated insurance plan is always a good idea.

So, here are some of the benefits of purchasing String Instrument Insurance from a reputed dealer. Let's read on!

With an all-encompassing insurance policy, you are likely to get the cost of replacement, repair, or new instrument in the following situations:

●    If you or someone else has accidentally broken your string instrument
●    If you happen to lose or damage your musical instrument in the event of an earthquake, flood, or other natural calamities
●    If your gear is lost or damaged while in transit
●    If a third party or their property suffers any injury or damage, respectively, in an event involving your string

Apart from the scenarios mentioned above, you can also avail the following benefits when you have a specialized musical instrument insurance plan:

●    In case of a claim, you are most likely to get reimbursed for the costs of replacement that too at the rate of the sum insured.

●    You are likely to receive the cost of the replacement gear. It will help you continue with your performance without fail.

●    If you are a touring artist, you can also opt for worldwide coverage so that your gears are safe in a foreign land.

●    With a reliable insurance provider, you not only get to cover your instruments, but also the associated accessories. These include sheet music, mic, bow, and stands to mention a few.

●    There are some specialized musical instrument insurance plans which allow you to repurchase your gear if it is stolen or lost and then again found. Interesting. Right?

●    Some policies also allow you to keep the undamaged parts of your gears.

Finally!

To ensure that you get the suitable and all-inclusive extent of coverage make sure to check all the details with your insurance provider, beforehand. As the terms and conditions and policy inclusions and exclusions might vary from one service provider to the other, it would be wise to understand the policy you intend to buy. Or else, you might remain without proper insurance protection when you need it the most.

What does Brass Musical Instrument Insurance Cover?

With the perfect amalgamation of the elements of lip and sound, brass instruments, a.k.a labrophones or labrosones, are known for the harmonic music they produce. Different brass musical instruments have different pitches, and it depends on several factors. These include the following:

●    Valves
●    Slides
●    Crooks
●    Keys

According to most organology (the science of musical instruments) scholars, brass instruments should not necessarily mean musical instruments made up of brass. The term should be used based on the sound the instruments produce.

So, woodwind gear, such as cornett, didgeridoo, serpent, and alphorn, are brass instruments like the saxophone. Some of the high brass musical instruments include - baroque, trumpet, modern trumpet, piccolo trumpet, cornett, and flugelhorn.

With such a wide range of musical instruments under one category, don't you think brass musical instrument owners need a protection plan for their gears? It is where Brass Musical Insurance comes into play.

If you ask people whether you should go for additional coverage for your musical instruments, most will pinpoint home insurance or renter's insurance policy. However, industry experts opine that you should get your gears individualized insurance protection.

So, let us take a look at what brass musical instrument insurance covers and how it is different from that of your home insurance plan.

Will your home insurance cover protect your brass gears?

Well, the answer to this question may vary depending on several factors. Here you go!

Protection outside the insured property (your home)

Do you take your brass musical instruments outside your home, like an event or your school? If yes, then make sure to check with your home insurance service provider and find out all about it. Generally, this scenario is not covered by your home insurance policy.

However, if you get Brass Musical Insurance, you are fully covered, regardless of your location, whether you are home or not.

Cover for accidental damage and loss

Will your home insurance policy cover accidental damage? Sad, but most policies do not. However, a brass musical instrument plan taken from a good service provider is most likely to cover accidental loss and damage.

Cover from all-risks

Does your home insurance offer all-risk cover? Well, in most cases, no. There are many possible risks to your musical gears that your home insurance cover is unlikely to offer coverage for. So, what to do? Relax and read on!

One of the best things about dedicated musical instrument insurance policies is - get cover for practically all types of risks that you might come across at some point in time. The range of risks include the following:

●    Fire
●    Flood
●    Theft
●    Rain
●    Thunderstorm
●    Hailstorm, to mention a few

Cover against transportation damage or loss + Worldwide Protection

Just give it a thought. When your home insurance policy does not cover your brass musical instrument, if something happens to it outside your home, will it cover transportation loss or damage? The answer is pretty obvious. No. Isn't it?

However, if you buy a standalone musical instrument plan for your brass gears, your insurance provider will cover the cost of any damage or loss that might occur during transportation. Plus, you can also avail the benefit of worldwide coverage. And yes, it means what it seems.

No matter where on the planet your insured gear is, your musical instrument insurance plan will cover it against all damages and loss.

Final words

So, these are some of the most crucial coverage options you can enjoy with a dedicated brass musical instrument policy. However, choosing the right insurance provider is also imperative. It decides on the quality of services, such as smooth processing, quick claim settlement, etc., you are likely to get.

Stay Peril-Proof with Music Dealer Insurance

When we say people who own musical instruments should get appropriate insurance coverage, most think this advice is only for professional musicians. However, that is not correct. People who have musical gears can be anyone, a teenager taking music lessons, a musical instrument repairer or appraiser, a music teacher, a professional artist, and a music dealer. And everyone should make sure to cover their gears separately and not under their home insurance policies.

Some questions leading to the right path

Do you own a music dealership that houses a wide range of musical instruments, from pocket-friendly to high-end vintage ones? Do you think that your home or renter's insurance plan is sufficient for protecting your shop? If yes, then take some time to answer these questions:

●    What if someone torches your shop? Would your home insurance provide total compensation and full value of your belongings?

●    What if a customer gets injured when a drum falls over his head? What if he asks for compensation? Would your home or renter's insurance plan come in handy? Would it cover you against public liabilities?

●    What if the latest consignment of musical gears you received from a vendor is damaged? Would it be covered under your home insurance plan?

●    What if many of the musical instruments at your shop suffered accidental damage? Are you sure your home insurance will cover it?

A gentle reminder - your home insurance cover will not provide you with comprehensive insurance coverage at any cost. However, an all-encompassing Music Dealer Insurance will cover you against all the adverse scenarios that are not intentional.

Real-life scenarios when music dealer insurance is your saviour

●    If miscreants loot your dealership or set it on fire, your home insurance will not cover you comprehensively. However, a dedicated insurance policy for music dealers will compensate you for the loss.

●    If you get involved in a public liability case, your home or renter’s insurance plan will not come to your rescue, and you have to make all the payments on your own. It could be a hefty one considering the medical costs and legal expenses. However, if you get a standalone plan for music instrument dealers, you know you are safe and protected.

●    If your musical instruments get damaged or lost during shipment, your home insurance or renter's insurance would be of no use. These would not cover the scenario. However, if you buy an insurance plan specifically designed for a music shop, it would cover you no matter what.  

●    An important point to remember - your home insurance policy is least likely to cover accidental damages, unlike a comprehensive and dedicated policy.

Other upsides of a dedicated insurance plan

●    A dedicated plan covers you worldwide, regardless of where you go.
●    With a good insurance partner, you can also customize your plan according to your needs and save some bucks.
●    It also covers the accessories that are integral to the music, unlike home insurance.
●    A specialized insurance plan for music dealers offers all-risk cover.

So, with these many plus points, don’t you think an all-encompassing insurance plan is a must-have for everyone who owns musical gear? Although no insurance plan on the Earth can predict accidents, neither can they prevent them.

However, with a suitable Music Dealer Insurance plan, you can at least get financial assurance. So, if things go the other way round, you know that your policy has your back. A reliable insurance company is upfront and always proactive to help you with its best capacities.

Stay prepared!

So, did you get your standalone insurance to protect your inventory yet? If not, then hurry! You never know when a stroke of misfortune may hit your business. Therefore, staying prepared is the key.

Types of Insurance Coverage for Musical Instrument Repair Businesses

Musical instruments make the best way to get away from the concerns that people face in daily life. For people who play musical instruments, their playtime is an absolute refuge from the material world. Surreal, indeed. However, to ensure that these music-producing gears keep creating great music, they need maintenance and repair.

Do you provide musical instrument repair services? If so, then probably, you handle hundreds of instruments regularly at your workshop. Most importantly, you know - how musical gear owners connect to their strings or woodwinds or whichever gear they play. Right?

Owning a music instrument repair shop is a responsibility in itself.

When you know the financial and emotional aspects associated with musical instruments, it helps you be careful and precise with your services. However, it also makes your profession a vulnerable one. The reason - you deal with a plethora of musical instruments. And with all the delicate and intricate parts of the musical instruments, your job can be a tough one.

So, any carelessness or mistake from your end can put you in rough waters and burden you with lots of liabilities. Therefore, you need specialized Insurance for Musical Instrument Repairers for sure.

Get insured. Say goodbye to unwanted scenarios.

Having appropriate insurance coverage is imperative for musical instrument repairers. You never know any accident could occur that could be detrimental to your business. However, if you have proper insurance protection, your policy will protect you against all unwanted scenarios.

So, what do you prefer to choose - a customized plan that will protect your business against all possible perils or a permanent shut down of your workshop? The choice is all yours.

Let us have a quick look at the Types of Coverage Musical Instrument Repair Businesses Need!

Types of coverage you are likely to need.

Music repair shops are prone to various types of risks. Therefore, they should carry the following insurance plans to ensure safety from the unforeseen. Keep reading.

Commercial property insurance

Your shop is a physical property. Therefore, it is susceptible to various problems, including vandalism, theft, water damage, electrical surges, and natural disasters. Commercial property insurance will ensure - not only your property but also your belongings, even the ones in your custody, are safe.

Your repair workshop houses dozens of musical instruments at a given time. And you being the repairer is legally liable for the protection of these goods. Property insurance will protect you and your shop if, unfortunately, an accident happens. If you fail to get one, it could pave a path for catastrophic losses.

Public liability coverage

It is yet another crucial insurance coverage you should have. If you or any of your staff members make a mistake leading to damage or loss to a third party, the public liability insurance will protect you. A third party can be anyone - your customers or someone else visiting or working in your shop. If you do not have this cover, it could leave you with hefty medical bills and legal fees. And the consequences could be jeopardizing.

Public liability insurance protects you against the following situations:

●    Physical injury to a third party
●    Damage to the property with you (business) as the party at fault
●    Damage or loss owing to copyright infringement, disparagement, and similar scenarios

Get your copy now!

These are two of the most essential insurance covers of all that every musical instrument repairing service provider should have. Besides, Insurance for Musical Instrument Repairers also covers loss of income and various other aspects related to your business.

Get your policy now. A reliable insurance company will make sure to live up to your insurance requirements and expectations in the best possible way.