Why Your String Instrument Is At Risk Without Standalone Musical Insurance?

By Author: victor12johnson
Total Articles: 258
Comment this article

Stringed instruments have been one of the most well-liked musical equipment amongst music lovers over the years and can easily boast of having the maximum number of members of the modern orchestra. A few prominent members of the string family that are in demand in the orchestra are the guitar, violin, viola, double bass, and cello.

As a string player, purchasing musical equipment must be one of your most memorable moments. When you bring a precious instrument to your home, you form an instant connection and likeliness towards it and start following all necessary cleaning and maintenance processes to enjoy its best outcome for years. But the reality is life does not always go according to your plan. Sometimes, uncertainties take place, and you end up with unbearable losses. As you cannot stop mishaps from happening, it’s always better to take necessary steps to fight against unavoidable circumstances.

Whether you have recently started playing guitar or are an experienced violinist, your musical equipment is always at risk without financial protection. It can get stolen from your bag at music class or damaged by ...
... water leakage at your home. In such incidents, standalone String Instrument Insurance provides adequate coverage that bears the financial loss while repairing or replacing your gear.

Do You Travel Frequently? Get Insured With Specified Musical Instrument Insurance

If you are a musician by profession, then it’s obvious you travel a lot to attend gigs or concerts all over the country. As an owner of an instrument, you should identify and opt for the policy that would suffice your requirement.

You choose a policy that has been designed, following the need of your equipment. You are mistaken if you think homeowner insurance protects your music gear from accidental damage. The coverage in a household policy is restricted to your insured premises only. But if any accident occurs during travel, homeowner insurance will not be liable to bear the loss.

When traveling is integral to your profession, only specified String Instrument Insurance is the most suitable safeguard for your equipment, protecting you from unavoidable circumstances even while in transit.

Why is Third-Party Public Liability Coverage Crucial for Professionals?

If you are all set for your upcoming music concert, ensure you have adequate coverage so that if any mishaps happen, you will be well-protected from facing the consequences.

During a concert, if any participant gets severely injured by a piece of heavy equipment kept in the auditorium, you might get into big trouble. The person can raise a legal complaint against you and claim huge compensation against the medical bill.

Public liability coverage works as a shield in terms of protecting you from sudden financial losses and also safeguarding you from legal hazards.

Why is Homeowners Insurance not Sufficient for Students?

People perceive that students or beginners don’t require any separate policy for their instruments as homeowner insurance covers musical equipment. If you think your musical gear gets covered in the household policy, then you are not informed about the details of its coverage.

You might travel to music school as an amateur player, but what if your string instrument gets stolen or broken? Musical instruments are secure under the homeowner insurance policy, provided the mishap happens at the insured premises. Once you are out of your house and if any accident happens, your household policy will not cater to the loss.

In addition, if the instrument gets damaged by a flood or earthquake, household insurance will not cover the damage. You should choose a policy that provides adequate coverage and is designed only for your equipment. In this context, specified String Instrument Insurance is the best option that covers the damages that household insurance fails.

Key Objectives

Finally, it’s essential to remember that daily cleaning and maintenance are not enough to protect your string instruments for a prolonged time. Dedicated musical insurance is vitally important to safeguard your gear from unexpected losses.