Get Studio Coverage And Stay Ahead Of Competition

By Author: micheljordan4
Total Articles: 268
Comment this article

A music recording studio is a place that is an eye witness to the making of many famous artists and bands who were once new to the industry. Did you know there are more than 4000 music recording studios in the United States? Yes, that is right. Musicians and recording artists often use music recording facilities to create, record and mix music. They often use these for their final albums.

The design of music studios and quality of music

The design of a music recording studio is such that the structure does not impact the sounds and vocals that artists record inside. It provides them with an acoustic setup that is a prerequisite for music recording. A well-equipped music record is designed according to the principles of acoustics. It ensures that the final piece of music that goes out is of the highest quality and clarity.

So, when so much effort and designing goes into creating a decent music recording studio, don't you think the facility needs a comprehensive Studio Coverage plan?

It will make sure that the facility remains safe and ...
... sound. Many people do not bother about getting their studios covered because their homes are their studios. They believe that their home insurance plan will cover their studio owing to the location. However, the real scenario is not alike. It is different.

Why do home insurance plans fail to cover recording studios?

Whether your music recording studio is located right in the basement of your home or just another room of your home, your home insurance or renter's insurance will not cover it. The reason - you use that place for professional and commercial use. And any property or facility that you use professionally is not your home insurance's concern. So, to protect your music recording studio, you need a separate policy, or else you will get no coverage.

What do you mean by recording studio insurance?

Music Studio Coverage is a kind of business insurance plan that guards recording studio owners against a plethora of unwanted perils. These include loss of business property, damage to the business property, lawsuits from third-party, among others.

An insurance policy from a reliable insurance provider offers protection options crucial to music studio owners. It allows them to create customizable plans to live up to their specific requirements. So, no matter whether your studio is a tiny home-based one or a large professional facility, getting it insured is imperative.

Get that competitive edge!

Today's business environment is highly competitive. Therefore, you always need that edge to outshine others. Right? It is especially vital when choosing an insurance plan for your business. As music recording studios are not like other businesses, you cannot insure them like any other business.

You will need a specialized policy to meet the special insurance needs of a music recording studio. Therefore, you should make sure to choose the right insurance provider. Always select an insurance company that allows you to broaden your extent of coverage according to your needs, including liability, property, in simple words, comprehensive umbrella coverage.

On what factors the cost of a recording studio insurance depends?

Although the cost of a recording studio is likely to vary from one insurance company to the other, some of the standard factors may include the following:

● The size or area of your music recording studio
● The location of your music studio
● The number of years your business has been in operation
● Your annual revenue (gross)
● The extent of coverage you intend to have

A trustworthy music recording insurance company will ensure that you get the best possible coverage for your recording studio.

Some FAQs on music recording studio insurance

What types of damages or losses does a studio insurance cover?

An all-encompassing music recording studio insurance with a reliable and experienced insurance provider covers all risks. These include - accidental damage, theft, hailstorm, thunderstorm, vandalism, transportation damage, earthquake, to mention a few.

What types of damages or losses are not covered by studio insurance cover?

No matter which insurance plan you choose, there would be some exclusions. They may include the following:

● Regular wear and tear
● Manufacture defects
● Faulty workmanship
● Damage or loss due to mold, insects, etc.
● Intentional damage or loss
● Acts of terrorism