Why Homeowner Insurance Is Inadequate For Your Brass Instruments?

By Author: victor12johnson
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The trumpet, French horn, trombone, and tuba are four vital members of the brass family that are commonly used in an orchestra. A brass instrument has the potential to last a few decades with proper care and required safety measures.

While financial safety is concerned, most musicians get confused about the right insurance policy for their beloved gear. Many believe that since homeowner insurance covers musical equipment, it is sufficient for their valuable instruments. However, the reality is different. Being an instrument owner, you should know that the household policy does not serve the purpose of protecting your musical equipment. As a result, in this particular policy, you may miss many coverages that your brass instruments need. Whereas if you opt for Brass Musical Insurance, you can rest assured about adequate coverage for your brass instruments.

Here are some crucial coverages that homeowner insurance does not cover, whereas a dedicated musical insurance policy covers:

• As an instrument owner, you will not certainly wish to opt for a policy that covers losses up to a specific limit for your precious ...
... gear. Household insurance is a policy that covers losses only to a fixed limit. Hence, it’s always advisable to buy standalone musical insurance so that, if damages happen to your equipment, you don’t have to face any financial hazards.

• Whether at home or outside of your premises, if you have opted for specified musical insurance, you are financially well protected even if any mishap happens during transit. However, homeowner insurance covers the loss while your instrument is at home.

• The household policy covers natural calamities as well. However, do you know that if your equipment gets damaged by an earthquake or flood, your homeowner insurance will not cover the loss? The dedicated musical instrument insurance caters to all kinds of damage due to natural calamities.

• What if your valuable instruments get stolen from the parking area while unloading from a vehicle? In such a scenario, your household policy will not be of any use as it does not cover damages outside the insured premises. A dedicated Brass Musical Insurance will provide you with adequate coverage even if any robbery happens at a music event.

• As a professional musician, you should know that the coverage a musical instrument insurance company offers is more far-reaching and effective than a homeowner insurance provider, as the latter doesn’t have any suitable insurance plan for professional music players. On the other side, the former offers liability insurance designed only for professionals. If you have opted for liability insurance, you will be safe and financially secure even if a third-party file a legal case claiming an injury or personal property damage.

Are Students Eligible to Avail Themselves of the Benefit of Musical Instrument Insurance?

Whether you are an experienced musician or have just started, there is always a threat of a mishap, and you may lose your beloved gear forever. As a student, if you carry your musical equipment to your music school for practice or rehearsal, there lies a risk of it getting stolen from your bag or your beloved instrument getting broken accidentally. In such scenarios, you should opt for an insurance plan that covers the loss of a mishap to your gear.

It does not matter if the damage happens due to natural calamity or during any transit. You are well protected if you have taken dedicated musical instrument insurance. Since you spend a significant amount on the equipment, your priority is to protect your gear with comprehensive coverage that only a musical insurance company can provide.

Does Standalone Musical Insurance Cover Loss Of Income?

Irrespective of any business, it always involves risk. Being a business owner, you should be ready with a backup plan so that during any contingencies, you should not face any massive financial disaster. If you are a professional musician, there lies a chance that your earnings get halted due to a sudden mishap.

What if you get bedridden or your equipment gets severely damaged, and you take a break from your profession? In this scenario, standalone musical insurance provides loss of earning coverage that works as a backup and gives you relief from the financial crisis.

Conclusion

Whether you are a student or a professional player, Brass Musical Insurance is essential to get financially protected throughout your music career.