Different people use musical instruments differently, depending on their passion and profession. However, regardless of what you do with your gears - play for fun or make your livelihood, getting your copy of Musical Instruments Insurance is crucial.
Thinking of your home insurance plan? Read once. Think again!
If you learn a musical instrument at your home, you may say that your home insurance is good enough. Like it covers all the other belongings, it would also protect your gear. Yes, you are right.
If you enlist your musical instruments under your home insurance policy, it will cover your instruments. However, you might not get the benefits of comprehensive coverage. Therefore, even if you do not go outside with your gear, a dedicated insurance plan would be of much use.
And if you take your musical instruments outside your home, having an instrument-centric insurance plan is truly essential. Because if something happens to your gear outside the insured property, you are least likely to find your home insurance handy. That means you have to bear all the expenses on your own.
And as musical instruments are expensive and delicate at the same time, you should make sure to get adequate cover no matter what, provided you do not want to find yourself in a financial crisis.
What can a dedicated insurance plan do that home insurance cannot?
Besides covering your musical instruments outside your home and even outside your state, your Musical Instruments Insurance also offers a wide range of features that you might not get with your home insurance plan. Yes, here, 'outside your state' means you are likely to get worldwide coverage with a dedicated policy. So, let us find out what can a standalone insurance plan do that home insurance cannot:
Do you travel overseas with your musical instruments? If so, then chances are pretty high that you seek the services of a transportation service provider. Right? However, have you thought, what if the transporter happens to damage or misplace your gears on the go? Needless to mention but home protection plans would be of no use in such scenarios. However, if you have a dedicated insurance plan covering your musical instrument, your insurance provider will help you through this financial mess.
Do you use your musical instruments for professional use?
If you play any musical instrument or equipment in exchange for money will not be covered under home insurance. So, make sure to get standalone insurance for your gears. If you do not get a separate copy, you are most likely to face compensation denial later on.
Suppose your musical instrument is stolen and you gave a call to your insurance provider. The moment the agent finds that you have been using your gear for professional use, they will deny the claim. However, an instrument-specific insurance plan would be there for you, no matter what.
Have you been into a case of public liability before?
If you have been in a case of public liability before, you know how critical the situation can become. And if you are new to it, then keep reading:
If a third-party file a lawsuit against you and seeks compensation for medical bills that they have incurred because of you, you are literally going to land in rough waters. And, sad but true, but your home insurance is least likely to work here. Therefore, get yourself comprehensive insurance for musical instruments and groove with your gears like a pro.
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