5 Reasons to Invest In Woodwinds Insurance for Your Instrument

As a musician, you leave no stone unturned to find an ideal instrument. You even do not hesitate to burn a hole in your wallet for purchasing the best accessories for it. But are you taking the right care of your ‘baby’ by investing in good musical instrument insurance? Well, buying insurance for your musical instruments before disaster strikes are of utmost significance as it will travel with you anywhere in the world to keep them protected. And if you invest in something as brilliant as Woodwinds Insurance, you can cherish the special bond with your instrument forever without any hassle. Wondering how smooth it can make your life as a musician?

Consider the following five reasons to understand its advantages better:

1. More than a Renters Insurance

If you are an amateur musician, a typical renters or homeowners' insurance policy floater is enough to ensure the protection of your instruments. But if you feel tempted to opt for such an add-on as a pro artist, go through the fine print twice. They usually exclude or voids coverage if your instruments are stolen or damaged during a gig. Only stand-alone musical instrument insurance can offer you extra coverage as a specified peril policy. Thus, you can get more than just a commercial coverage and stay assured about the safety of your instruments.

2. Protection Based on Needs
It can save you thousands of dollars by covering you with the ideal program based on your unique requirements. Whatever your music profile is about, you can surely find an insurance that will work for your hobby instruments or a whole orchestra. Some of the most popular underwriters who can benefit from it are professional musicians, music teachers, recording studios, collectors, and even luthiers. Comprehensive insurance is also offered for the ultimate protection of musical instruments in a musical concert or tour.

3. Wide Range of Coverage

From the routine maintenance to a major mishap, there is absolutely no dearth of coverage choice for you to stay prepared. Consider insuring all your instruments and gear (electrical, recording, accessories, amplifiers, sound equipment, etc.) to safeguard them from the most common threats, such as theft, fire, wind, flood, lightning, transportation, and accidental damage. Based on your policy, gradual deterioration can also be covered. However, you can expect exclusions like nuclear hazards, insects, vermin, mold, intentional damage, and poor storage.

4. Suitable for All Budgets

No matter what your budget is, there is always an insurance program to fit it. In general, the premiums and deductibles vary depending on factors like the type of the instrument, additional components, the overall value, risks associated with it, and so on. If you are a performer rather than a collector, the value of your instruments will be high as they need to be shipped from one venue to the next very often. Fragile pieces of equipment are also expensive to insure as they are prone to perils.

5. Complete Peace of Mind

In the long run, this instrument insurance is complete peace of mind instead of a mere investment.  After all, you have lots of things to worry about as a musician and the stress of protecting your instruments from harm can worsen the situation. Once you are insured, you can stay assured about the safety of your assets. Even if there is no sudden setback, you will always have one less reason to be anxious. It is worth it!

When it comes to taking care of your musical instruments, Woodwinds Insurance, indeed, works as the true caretaker. So, just choose the right policy and stay worry-free.

Secure your Peril-Prone Strings with Standalone String Instrument Insurance

You might often think that why on Earth do you need insurance. However, you do need insurance for things you least expect in our lives. And, therefore, insurance is more like a precautionary measure that prepares you financially to face possible uncertainties in life. So, you need it before the misfortune strikes. The same stands true for musical instruments too. So, if you play string instruments, a String Instrument Insurance is like your armor in tough times.

What should be the right value in which you should insure your gear? If you consider a policy equal to the price of your instrument, you should give a second thought to it. 

Here is why!

Let’s suppose your string is not much expensive. However, when you add a few accessories like some bows, a microphone, a packing case, etc., the total value will go up really fast. And, then you’ll find musical instrument insurance a smart option to bank upon, especially when your gear earns you bread and butter and you cannot afford to get a new one or even a replacement.

There are certain things you should learn before getting a String Instrument Insurance. Although most of the musical instrument plans offer similar services, there might be some differences.

For example -

Some insurance providers cover wooden instruments and dealers. Whereas, some insurers focus on covering rental fleets, schools, and students. And, then there are insurance policies that offer comprehensive cover.

So, you should choose one that meets your requirements while providing sufficient coverage.

Where to begin?

You should begin by doing your homework. Learn about the insurance companies you are considering as options. Search on the internet to understand their services, specialties, and the extent of coverage they offer. Once done with researching, you should make a list of your requirements and give follow-up calls to the companies.

One-Size-is-not-for-all!

Peril coverage, deductibles, and premiums vary from one company to the other. And, these mainly depend on what is being covered and the extent of coverage. Most importantly, there is nothing called the best in the industry because one policy does not fit all requirements and everyone’s requirements. Therefore, you should select the policy according to your needs.

Needless to mention, string instruments are peril-prone. Plus, bows are fragile and high-risk gears too. So, these will add to the cost of the policy. And, if you want to cover your insurance for theft, it will further increase the cost of the insurance. So, first of all, decide on what you want, and then look for a policy.

Worldwide coverage means a great deal!

String instrument coverage plans are specially designed to cover situations confronted by musicians. And, as musicians are likely to travel for shows, with customer-centric insurance companies, you are more likely to get worldwide coverage.

Coverage for rental instruments!

Sometimes, musicians do take instruments and associated accessories on rent or trial. What if you lost or damaged the rental gear or someone steals your instrument that you got on-trial? Check with your insurer if they cover similar circumstances or not.

Property insurance might not be enough for a musician!

Property insurance covers situations like damage, flood, fire, and theft. So, what else is left uncovered? You might think this way. Your property insurance may not cover your cello or any other string instrument if, things take an unfortunate turn outside your property. You are smart enough to get the point.

Don’t let devaluation demotivate you!

As far as musical instrument cover is concerned, especially string instruments, you cannot let go of an important aspect, i.e. devaluation. A crack in the sound post or a damaged bow-head can devalue your instrument by 50% to 80%. So, a policy that offers devaluation coverage is the safest bet for such situations. It will not only pay for the related repairs but also for the difference between the sum insured and the cost of your gear after being repaired.

A standalone policy is great!

An advantage of standalone string instrument policies is - you need to deal with people, who know a musician's world. They might not be musicians. However, they are familiar with the needs of a string player and understand how and when disasters can wreak havoc on a player's life. So, they can help you in the best possible way.

Besides insurance coverage, premiums, deductibles, and all sorts of technicalities involved with String Instrument Insurance, you should also consider a company that offers impeccable customer care services. The reason - it’s them who you’ll be dealing with once you have the insurance plan.

So, be informed and choose the right musical instrument service provider.

3 Reasons Why E&O Insurance should be Mandatory for Appraisers

It is an evident choice for people to stay clear of expensive lawsuits. We are talking about the truth behind Errors & Omissions (E&O Insurance) protection, especially when it comes to insurance for appraisers dealing with any kind of physical belongings, whether be musical instruments or other things. There is a common misconception that a General Insurance Protection policy covers all the threats related to such belongings.

However, unfortunately, that is not the case. In case of any damage, you need to gear up for some hefty liabilities. This is even more detrimental when an appraiser performs a blunder that is irreplaceable. It can be a dangerous sign for an owner or the insurance firm itself since both can suffer big losses from the mistakes committed by an appraiser.

In order to handle your business-related insurance protection risks, or to secure claims after damage, you require the understanding of protection offered by Errors & Omissions (E&O) insurance protection plan and how it is being misjudged as an optional choice.

•    General Protection Plan does not cover all threats related to assets damage

A General Protection Insurance Policy is just meant against the physical crash defense that usually happens with musical instruments. But, what if negligence caused by the Appraisers? There are no such clauses covering losses due to appraiser negligence, or mistakes - and hence there has to be something in place such as insurance for appraisers which is the case with E&O Insurance Policy.

E&O covers mistakes due to points to like bad code of consult or late disbursement. It's basically an Insurance policy for the malpractice on part of appraisers. E&O Insurance covers mistakes such as:

-    Mistakes, oversights, and carelessness
-    Failure to offer a timely settlement
-    Confidentiality violation
-    Document errors
-    Mismanagement
-    Misrepresentation of facts

•    Human mistakes happen all the time and hence E&O protection plan is a smart choice

You're deceiving yourself if your service strategy is constructed on ideal scenarios - since everyone makes errors. You can't possibly guarantee perfection, and it's reckless to even think that way. After all, you can't always peep into the job of your musical instrument or other such property related appraisers at any point in time.

Blunders happen; some are huge, some are little, but no one can stop them. An E&O plan ensures a business or a property owner to cover whatever degree of danger lies behind man-made mistakes. Errors and Omissions Insurance cover all those legal charges, maintaining priceless musical instruments possessions risk-free, as well as safeguarding a firm from useless claims.

•    E&O Policy is not that costly especially keeping in mind the after effects

You don't have to go overboard or spend a fortune into getting insurance for appraisers in the form of the E&O Insurance Protection Plan. Your E&O plan can be crafted to fit the size and the extent of your firm, consisting of workers and independent professionals. When looking from the property owner's perspective, think how important your musical instruments or other assets are to you, and what if the appraisers falter.

So, are you taking up an Insurance Cover or not?

As we have seen, E&O Insurance has a number of vital advantages that have been overlooked by most for some time now. This is so true and making it quite evident with musical instruments that are most vulnerable to damage. Hence, insurance for musical instruments becomes the utmost necessity in the form of E&O.

You have no control over the appraisers responsible for analyzing the insurance claims. They can commit mistakes that can either harm an insurance firm, or the property owner. This makes it so necessary to have additional insurance for appraisers that can have both sides protected while rectifying the mistakes.

Make no mistake about it that E&O Insurance, especially for musical instruments, is irreplaceable by any other insurance coverage. Hence, consult an experienced specialized firm like us to have you all set for an E&O insurance policy.

Reasons Why Your Casual Music Lessons at Home Need Insurance Too!

Lucky are those who get the chance to turn their passion into profession. However, even if you don’t get the scope, there’s always a way to live your dreams! If you’re a music lover, you can always earn your living from the thing you love the most – music! Yes, you can do your regular job and casually start teaching music at your home! It’s a pitch-perfect deal, isn’t it? It will be; if you have the music lesson insurance by your side!

Wait! What’s that?

Well, it seems perfect to pursue your passion for music and earn money from it. But like every other thing in the world, music teaching at home is not always smooth! Things can take a bitter turn at any time! But the good news is there’s always a way out! And in this case, that’s insurance!

Reasons for Having Music Lesson Insurance Even While Teaching at Home

Accidents can happen at any time. With kids (mostly), learning music lessons from you, accidents are waiting to happen! Well, from the children to your instrument, anything can get harmed!

So, if you’re wondering whether insurance is really needed if you casually teach music at home, let us tell you the fact. YES! You need insurance!

The following are the reasons why you need insurance for teaching music class even at home.

Students’ Injury and Compensation

As we have already mentioned earlier, injury can appear at any time. In most of the cases, people are going to teach kids. So, they can injure themselves in many ways – they can get their head hit to the Piano you have or they can get their legs tangled with the wire of your electric guitar while passing through! Either way, they would be injured and the families can ask for compensation for the injury of the kid. In that situation, you’d have nothing to do but spending all your hard-earned money for a sin you’ve not done!

Solution:

To get you rid of the matter, Public Liability Insurance can be a great help! It covers the bodily injuries which would make sure you don’t go bankrupt even if the parents of your kid trainee ask for a skyrocketing amount.

Damages in Music Instrument

Music Instruments are the oxygen for every music teacher. So, if your music instruments get damaged, it means your business (regardless of its size) stops breathing and starts dying! When you have kids learning music from you at your home, they cannot learn without touching an instrument. And in doing so, they often damage the instruments! And buying costly music equipment every now and then may not be your forte, being a common man. In that very scenario, insurance would be the finest thing that can help you!

Solution:

Public Liability Insurance and Portable Equipment Insurance covers the property damage, which means you don’t need to take out a single penny from your pocket to buy a new instrument.

False Blame from Clients

The world is full of people who like to blame! And that’s no different from a divine art like music. People can quickly turn against you and say that you have not done your job properly. Parents always become super-ambitious about their children and start thinking illogically. If a kid doesn’t perform well or doesn’t get good grades, their parents may come for compensation from you, saying that you were not good enough at teaching which caused their child’s poor performance!

Solution:

Professional Indemnity Insurance of music teachers is the best way out of this hazard. This insurance will help you find your way out of the complex legal jeopardies and will take care of the financial part too!

Conclusion

We feel it is quite evident why you require the music lesson insurance even when you’re teaching music casually at home! Whatever you do, come with a risk and jeopardy. It’s your duty (and smartness) to cut off the risk! The above are the three most common issues with their finest solution! Now, start living your dream without worrying about anything!

Choosing the Right Music Insurance Company is Crucial

You are a musician. However, even after analyzing various scenarios and situations, you still couldn’t decide if or not music insurance is worth going for. You are not alone. Probably, getting a clearer insight into this topic would help you understand the importance of musician’s insurance and why do you need a reliable Music Insurance Company. Let’s read on!

Scenarios that call for a music insurance

There are many scenarios that highlight the importance of having the right music insurance coverage handy. Here we have handpicked some of the most common situations that can swipe off your saving of you don’t have suitable coverage. Here we go –

When you are a music teacher…

If you hold music tutoring sessions at your home or studio, then you will have students coming therein. However, what if a student trips over the carpet and breaks his/her leg? What if she/he claims compensation for the bodily injury he/she has sustained? What if you have to face a third-party lawsuit? Lawsuits can burn holes in your pocket.

A suitable studio or home business insurance policy can protect you from the liabilities of the lawsuits.

When you are the owner of a music store…

If you own a music store, you can be at financial risk because of the instrument you showcase. You will have customers coming and inspecting the gears all the time. Things can be even riskier if the customers have little kids along with them. What if an instrument falls off from the display and injures a customer? What if the court asked you to payout for the medical bills of the patron?

Get your music store the protection of a custom-tailored music store insurance and bid adieu to risks.

When you own a recording studio…

If you have invested your hard-earned money designing and building your long-cherished recording studio, you’ll definitely don’t want to take any chances, right? What if someone torches it down or vandalizes it? What if the studio suffers heavy damage due to flood?

The right recording studio insurance plan can be your savior.

When a concert is on…

Imagine that you have organized a rock concert and unfortunately some attendees got injured due to a sudden pyrotechnic explosion. Or a speaker or any other equipment falls off and injures a spectator? What if the court holds you liable to compensate for the medical bills?

A concert insurance cover comes to your rescue.

So, these are some of the situations that make taking music insurance company a top priority. So, whether you teach, sell, or record, make sure to have yourself, your instruments, and your studio covered under the best possible music insurance.

Points to ponder about when choosing a Music Insurance Company

In order to get the right and sufficient coverage, you need to consider certain important pointers. Let’s check it out!

Know your requirements - What are your requirements? How much coverage do you want? How much are you willing to spend? Different policies come with different benefits and pricing. So, knowing your exact requirements and budget will make it easier for you to choose a suitable policy.

Choose a trustworthy service provider - Music insurance service providers are many. So, you need to be extra careful while choosing one. Make sure to go for a reliable and customer-oriented service provider. Choose the one who can live up to your expectations and needs and presents a good track record. Choose the one that’s upfront with pricing and the extent of coverage. Refrain from selecting a service provider that happens to play hide and seek with you when it comes to pricing and terms and conditions.

Go for a licensed insurance company – Make sure to check all the relevant credentials and certifications before choosing a service provider. A state license is one of the most important documents you should look for.

Choose the one that offers impeccable customer service – Always remember, your relationship with a Music Insurance service provider is a long-term one. So, make sure to select an insurance company that offers impeccable customer assistance, no matter when you need help buying a policy or settling a compensation claim.

Music defines you, protect it with the right coverage

Now that you know about the significance of music insurance and how choosing the right Music Insurance Company will help you deal with the possible risks to your business, do some homework and find a good service provider, right away!

Secure your Musical Instrument Business with Music Dealer Insurance

Just like owners of musical instruments must make it a point to get their equipment insured by a feasible and trusted Music Insurance Company, in the same way, dealers of musical instruments should also make it a point as well to get their business insured. Not only is the competition getting more robust, and there is the need to protect the business evermore, there are always chances of mishaps as well. These are something that cannot be ruled out. Therefore, the best way to put the seal of assurance on your livelihood (your business) is a Music Dealer Insurance. 

A right insurance provider will give you personalized policies so that you can choose the most fitting one for your business. However, before pursuing any Music Insurance Company, do keep this in mind that the company's experience matters. An aged company will have the market-serving expertise at their disposal, and they will offer you the best policies available, curated precisely to fit the nuances of your business. It is something that a new start-up may not be able to deliver.

What can go wrong with a music instrument dealer?

Just like every other business, a business dealing with musical instruments also has its reasonable share of challenges that might come in the way. While building the insurance policy for the business, the owner must make it a point to include the little-big stuff that makes a business dealing with musical instruments complete. Like, apart from covering the expensive and delicate instruments in the store for sale or rent, there is also other equipment that maybe they're in the store for a variety of purposes like repairing, cleaning and so on. So you're already in liability of a lot. These must be included in the Music Dealer Insurance.

In the same way, music stores often cater to business, making new and unique liability concerns. Although general insurances do cover most of these needs, sometimes they can miss as well. Hence you have to go after the complete option you get.

A Good Music Insurance Company will have these few nuances:
•    Protection for accidental damage.
•    Pretention for accidental loss.
•    Coverage, including the retailing stock and tools and other repairing machinery in the store.
•    Customizable policy suitable per need
•    Coverage of the workshop along with the retail floor
•    Professional staff, on-time reach and prompt action on demand

Now you know what you should be looking for while selecting the insurance provider for your musical instrument business. The insurance must undoubtedly cover the other aspects of the industry like the workshop, the tools, machinery, and other elements of liabilities.

Why Clarion Associates Inc.?

The third generation, privately held family business, Clarion Associates, Inc. has been there on the market for the last 25 years, making them perfectionists in their business. They strive to provide the best insurance policy, catering primarily to the music industry and its souls- the musicians.

Their tenure in serving the music industry and the musicians have made them experienced player in the industry. Even though the insurance market has been volatile for long, the company has continued to serve without fail, and only developing in the process. Harnessing their time in the industry, they're able to deliver the best possible insurance coverage to musicians and music store owners that can be hard to find. Their policies are curated to perfection, thanks to their expertise. What is more? They have an excellent customer service record and the recognition of musicians from all over the world.

Can A Homeowners’ Policy Protect Your Brass Instrument?

The life of a musician is not restricted to a daily 9 to 5 routine. Going to gigs, traveling and rehearsing are parts of their life. But accidents never happen with prior notice. You never know when misfortune happens and when you damage your favorite brass instrument. The damaged or broken expensive brass instrument might cost you a lot.

People often think that they don’t need brass musical insurance since they have homeowners’ insurance. Well, if you are a professional musician, instrument insurance will cover the damage and repair and also pay your replacement value. Homeowners’ insurance does not cover this.

What happens if you don’t take brass musical insurance?

There are multiple ways that might damage your musical instrument. Anything can happen while you are in the studio or at home or playing a gig.

•    Your studio or home might catch fire
•    Your instrument might be stolen from your studio or home or car
•    Natural disaster (flood, earthquake) might destroy your brass instrument

If you don’t have brass instrument insurance, you might face a great loss. If you think that your homeowners’ insurance will cover everything, then you are partly right. If you have a home-based studio, homeowners’ insurance might cover a part but not everything. This policy has a per item or category limits. When you choose brass musical insurance, you will get the coverage for the damage.

The policy covers you when you are away from home:

Since homeowners’ insurance does not cover the equipment that is away from home, it becomes quite overwhelming for the professional musicians who have to go out for shows. This is true that homeowners’ policy does not cover you against the loss, theft or damaged instrument that is away from your home. This is where the importance of music insurance company lies. They offer musical insurance and protect equipment irrespective of your location. Make sure their policy covers your brass instrument, be it home or away from your location.

Keep your instrument protected from the accident:

No, it is not possible to keep your instrument protected from an accident; it will damage your equipment for sure. But when you have brass instrument insurance, you can get the coverage for the accidental damage. You get the replacement or repair work done swiftly without harming your pocket.

What brass instrument you can get in the coverage:

The brass instrument coverage options might vary from company to company. However, most companies offer the following instrument coverage:

•    French Horn insurance
•    Cornet insurance
•    Trumpet insurance
•    Trombone insurance
•    Tuba insurance

A good music insurance company also covers the Music store and Recording studio with property insurance, general liability, equipment breakdown, workers' compensation, business auto insurance, and crime insurance.

There is no denying the fact that music insurance protects your instrument with the right coverage options. However, make sure you have chosen the best insurance company for all your music policy needs.

What is your thought? Do you want to protect your musical instrument with homeowners' insurance or give them total protection with brass musical insurance? The choice is yours.