Insuring Your Musical Instruments

Do you have a tuba player in your household?from home, your homeowners policy presents a
Perhaps you yourself play the piano or violin? Ifproblem. Your homeowners policy has a set dollar
you come from a musical family, there are a fewlimit and typically lower than the instrument you
things about insurance that you will want to knoware insuring. If your instrument is for business
if your musical instruments are irreplaceable topurposes (even occasionally), you can avoid
you or a member of your family. If you paid asurpassing the dollar limit on your homeowners
decent amount of money for the instrument, itpolicy by scheduling it and endorsing it for business
may be wise for you to learn more about insuringuse.
your musical instrument.In the event that you are renting an instrument
There is nothing in basic homeowners coveragefor your child, the music rental company will offer
that covers damage or breakage. If you areyou insurance on the rented instrument. Do not
concerned about your French horn being damagedpay for this insurance. You can schedule your
or broken, then you can rest at ease bydrum set under your homeowners policy and it is
scheduling your musical instrument or by gettingan incredibly cheaper option-leaving you paying
special perils coverage which covers youronly $4-$8 a year!
instrument and your other personal property.This is just some of the important information
There is minimal homeowners coverage on youryou will need to know when purchasing or renting
musical instruments on basic coverage andan expensive instrument. Insuring your musical
practically no coverage while you are away frominstrument allows you peace of mind in knowing
home. So, when your soundboard or electricthat your musical instrument is safe wherever
guitar is used for business purposes or awayyou take it!