When you hear Flute Insurance, what is the first thing that comes to your mind? Is it - I do not need it? I have enough home insurance coverage, or I take more than enough care of my gear. So, no mishap can touch it?
Perhaps, you do not think alike. That is why you are here. For those who believe that their home insurance or renter insurance policy will cover their musical instruments, it is time to reconsider your viewpoint.
Dear musical instrument owner, your home insurance plan is designed for protecting your property and its belongings. In this context, yes, it will cover your woodwinds or strings. You may also get an additional rider to increase the extent of coverage. However, that might not be enough for all. Going through this piece of content will help you understand why even the most expensive home insurance policy falls short when it comes to comprehensive musical instrument coverage.
Reasons why home insurance plan is not enough for your Flute
Reason No 1: Home insurance cover offers limited coverage
Although your home insurance plan will cover your musical instruments as a part of your belongings, it is less likely to offer full-risk coverage. However, if you buy an instrument-specific insurance plan from a reputable insurance provider, you are most likely to enjoy full-risk coverage benefits. Here full-risk cover means protection against almost every adverse situation, except a few like intentional damages, government confiscation, etc.
Reason No 2: Home insurance is unlikely to cover instruments used for commercial purposes
If you are a professional musician, beware! Home insurance policies (regardless of where you have taken it from) do not cover musical gears used for commercial purposes. No matter even if you have played professionally for 1 hour in exchange for only $100, your instrument will not be covered by your home insurance plan. So, if any accident happens, you will not get compensated by your insurance provider. However, Flute Insurance will cover the gear that you use for commercial purposes.
Reason No 3: Home insurance policy will not cover your gear worldwide
Your home insurance plan will not cover your musical instruments outside your home. So, if your flute gets damaged or stolen from a recording studio, for example, your home insurance plan would be of no use. However, if you have purchased a musical instrument insurance plan, your gears will be protected not only outside your home but no matter where you are in the world. Worldwide coverage is an added advantage of specialized musical instrument insurance.
Reason No 4: Home insurance policy will not cover the accessories
Musical instruments are crucial and expensive. So are the related accessories. Any loss or damage to the accessories can also create problems for you. With a home insurance plan, you are least likely to get protection for the accessories. So, in case of any loss or damage to the accessories, you remain unprotected. However, with a standalone musical instrument cover, your accessories are also protected.
Required documentations
These are some of the most evident reasons why you need a dedicated insurance plan for your musical instruments. If you need more information on musical instrument insurance plans available in your state, you can get in touch with a reliable insurance company. However, before buying a plan, make sure to check the following things to ensure that the service provider you intend to choose is worth it:
● A valid license
● Relevant certifications and credentials
● Memberships with relevant bodies
● Positive customer reviews
● Price quote
When a service provider has or offers all these things without hesitation or proactively, you can choose them easily.
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