Welcome, Guest. Please login or register.

Login with username, password and session length

 
Advanced search

1092834 Posts in 72329 Topics- by 19432 Members - Latest Member: joshealejo
Jump to:  
Pages: [1] 2 3  All   Go Down
Print
Author Topic: Instrument Insurance  (Read 28343 times)
0 Members and 1 Guest are viewing this topic.
slideman
*
Offline Offline

Location:
Joined: Feb 12, 2003
Posts: 189

View Profile
« on: Mar 09, 2009, 03:35PM »

Anyone know of any good insurance companies that will cover your axe? (lost, stolen, etc.etc.)


Thanks
« Last Edit: Mar 28, 2009, 12:08PM by Joe Jackson » Logged
RedHotMama
She Who Must Be Obeyed

*
*
Offline Offline

Location: Luton, UK
Joined: Aug 22, 2000
Posts: 32931
"Forum Administrator"


View Profile WWW
« Reply #1 on: Mar 09, 2009, 10:13PM »

Yes, I do, but in the UK! Where are you?
Logged

Christine (red hot - that's what!)
christine.woodcock@gmail.com
In vodka veritas
Richard Lillard
*
Offline Offline

Location: Phoenix, Az
Joined: Apr 17, 2006
Posts: 260

View Profile
« Reply #2 on: Mar 09, 2009, 11:07PM »

How about for those of us in the US?

The insurance company told my girlfriend that her flute was covered by her homeowner's insurance, which seems a little odd because it spends most of it's days AWAY from the home.


Richard
Logged
RedHotMama
She Who Must Be Obeyed

*
*
Offline Offline

Location: Luton, UK
Joined: Aug 22, 2000
Posts: 32931
"Forum Administrator"


View Profile WWW
« Reply #3 on: Mar 10, 2009, 12:28AM »

The company I use (Allianz Musical Insurance) specialises in musical instruments (as its name might suggest!). However, home insurance is probably fine, as it would be for cameras etc which leave the house, as long as the items are specified.
Logged

Christine (red hot - that's what!)
christine.woodcock@gmail.com
In vodka veritas
miketrombone

*
Offline Offline

Location: Melbourne, Australia
Joined: Dec 17, 2005
Posts: 417

View Profile
« Reply #4 on: Mar 10, 2009, 12:47AM »

You can get instrument insurance through the ITA.  Just go to the homepage and there is a link somewhere.  You should get a separate policy for your horns, as I don't think its generally covered under your homeowners or renters policy(AFAIK).
Logged

Mike Szabo
Bass Trombonist, Melbourne Symphony Orchestra
Bass Trombonist, Copenhagen Philharmonic 2006-2012
Bass Trombonist, Honolulu Symphony 1998-2006
Dombat
*
Offline Offline

Location: Ulm, Germany
Joined: Sep 5, 2004
Posts: 1712

View Profile
« Reply #5 on: Mar 10, 2009, 03:50AM »

I had my instruments covered under home and contents however Marsh insurance in Australia covers repairs, cases and accessories and even gives the option of a few hundred dollars cash for emergency hire for damage/loss close to a gig
Logged
BGuttman
Mad Chemist

*
*
Offline Offline

Location: Londonderry, NH, USA
Joined: Dec 12, 2000
Posts: 51527
"Almost Professional"


View Profile
« Reply #6 on: Mar 10, 2009, 07:07AM »

If you belong to the AFM they offer instrument insurance as well.
Logged

Bruce Guttman
Solo Trombone, Hollis Town Band
Merrimack Valley Philharmonic Orch. President 2017-2018
sly fox
love old trombones' engravings

*
Offline Offline

Location: here, there, anywhere but mostly Topeka KS
Joined: Oct 25, 2008
Posts: 15292
"trombone enthusiast, photos of trombones - gallery"


View Profile
« Reply #7 on: Mar 10, 2009, 07:51AM »

I just checked with my insurance and found that our three trombones would be covered under our home owner's policy but we would have a $$$ deductible on each trombone.  It was suggested we look into a separate "personal article" policy, costing $$ a year that would not have any deductible.  Guess its time to make a decision.

for those who have the trombone(s) covered under home owner's policy only, check on the amount of the deductible.
Logged

Allen
First and foremost I'm a proud Dad & lucky Husband.  They say great minds can differ (not that I claim to have a great mind).  Remember that $ and my opinion buys coffee at the diner.
jonathanmatos4

*
Offline Offline

Location: tulsa, oklahoma
Joined: Sep 27, 2007
Posts: 966

View Profile
« Reply #8 on: Mar 10, 2009, 08:16AM »

i asked my renters insurance and my car insurance providers and no luck according to them the horn would have to permanently stay in my car or house.  :(
Logged

jazz is more than music its a way of life.
puma

*
Offline Offline

Location:
Joined: May 28, 2001
Posts: 3440

View Profile
« Reply #9 on: Mar 10, 2009, 10:53AM »

We have insurance with Nationwide under a policy called "Inland Marine". We are allowed to get the policy since we have homeowner's insurance with Nationwide. This "IM" policy classifies the instruments as "professional", hence are covered even if stolen from a venue away from the home. It is less expensive than the instrument insurance offered through the AFM.
Logged
fsung
*
Offline Offline

Location:
Joined: Oct 3, 2007
Posts: 392

View Profile
« Reply #10 on: Mar 10, 2009, 11:42AM »

I just checked with my insurance and found that our three trombones would be covered under our home owner's policy but we would have a $$$ deductible on each trombone.  It was suggested we look into a separate "personal article" policy, costing $$ a year that would not have any deductible.  Guess its time to make a decision.

for those who have the trombone(s) covered under home owner's policy only, check on the amount of the deductible.

Um .. for those who THINK their instruments are covered under a homeowners policy or a personal articles rider,  READ THE FINE PRINT, 'cuz that CAN and WILL trump whatever your insurance agent or your insurance company's representative tells you—even if you get it in writing—regarding whether or not you're covered.

Clarion Insurance and MusicPro Insurance specialize in insuring professional musicians' instruments. (Disclosure: I have a policy with MusicPro.) These policies are "All Risk" and cover rental reimbursement, loss of income, and a lot of other stuff that "personal articles" policies don't cover.
Logged
sly fox
love old trombones' engravings

*
Offline Offline

Location: here, there, anywhere but mostly Topeka KS
Joined: Oct 25, 2008
Posts: 15292
"trombone enthusiast, photos of trombones - gallery"


View Profile
« Reply #11 on: Mar 10, 2009, 01:27PM »

I just checked with my insurance and found that our three trombones would be covered under our home owner's policy but we would have a $$$ deductible on each trombone.  It was suggested we look into a separate "personal article" policy, costing $$ a year that would not have any deductible.  Guess its time to make a decision.

for those who have the trombone(s) covered under home owner's policy only, check on the amount of the deductible.

i called my agent's office back and was told that the instruments, under the Personal Article" policy, would be covered for loss or damage wherever the loss occurred.  I will have to check out the policy, because agents have been known to get it wrong but, it sounds like a good deal to me.
Logged

Allen
First and foremost I'm a proud Dad & lucky Husband.  They say great minds can differ (not that I claim to have a great mind).  Remember that $ and my opinion buys coffee at the diner.
boneagain
*
Offline Offline

Location: Richmond, VA
Joined: Aug 4, 2007
Posts: 2098

View Profile
« Reply #12 on: Mar 10, 2009, 04:30PM »

Um .. for those who THINK their instruments are covered under a homeowners policy or a personal articles rider,  READ THE FINE PRINT, 'cuz that CAN and WILL trump whatever your insurance agent or your insurance company's representative tells you—even if you get it in writing—regarding whether or not you're covered.

Clarion Insurance and MusicPro Insurance specialize in insuring professional musicians' instruments. (Disclosure: I have a policy with MusicPro.) These policies are "All Risk" and cover rental reimbursement, loss of income, and a lot of other stuff that "personal articles" policies don't cover.

...look in the "fine print" for such things as non-coverage for "professional equipment."  You have to REALLY understand your policy.  Some insurers cover instruments UNLESS you make money with them.  How do you define "make money?"  Good question.  Not one you'd want to learn after trying to make a claim for a horn stolen while you were playing the one "for-pay" job you do a year... :(
Logged

Dave Adams
Staunch admirer of all who still make a living at this!
JP
*
*
Offline Offline

Location: San Diego, California, USA
Joined: Sep 6, 2000
Posts: 4164

View Profile
« Reply #13 on: Mar 10, 2009, 06:11PM »

I put my 2 bass trombones, my euph, my tuba, and my daughter's MacBook on a rider to my homeowner's. It is a separate policy titled "misc. items" and I was assured by my State Farm agent (30+ years, no complaints) that it covered all the items for damage, theft, weather, anything up to $10,000 (no deductible), replacement at current market value (not what I paid)...for $87 a year. I checked out Clarion and the others. The premiums are more, and more complicated to file for claims (all I need is a phone call). Of course, if I increase the coverage (for replacement reasons), the premium will go up a few dollars per year.

Talked to some other people and the message was, if you want a no brainer but could possibly have trouble collecting right away when you need help, go with the instrument insurance companies. If you want a lower rate, are insuring specific items, and don't mind going through the details with an agent...add a separate policy with your existing agent.

A general observation, you need to work with your specific needs. It might turn out that Clarion or other music insurers are exactly the right fit for you (for example, college students, renters, orchestra players with extremely valuable instruments).
Logged

JP
Trombonists just slide through life
fsung
*
Offline Offline

Location:
Joined: Oct 3, 2007
Posts: 392

View Profile
« Reply #14 on: Mar 10, 2009, 09:31PM »

I put my 2 bass trombones, my euph, my tuba, and my daughter's MacBook on a rider to my homeowner's. It is a separate policy titled "misc. items" and I was assured by my State Farm agent (30+ years, no complaints) that it covered all the items for damage, theft, weather, anything up to $10,000 (no deductible), replacement at current market value (not what I paid)...for $87 a year. I checked out Clarion and the others. The premiums are more, and more complicated to file for claims (all I need is a phone call). Of course, if I increase the coverage (for replacement reasons), the premium will go up a few dollars per year.

Again, CHECK THE FINE PRINT ON THE POLICY.

Better yet, sit down with your agent and have his/her go through the policy line by line and show you the language detailing what is covered, definition of terms (like "replacement value," which is almost always defined as the depreciated value of the item, not the cost to replace with an equivalent new item), ALL THE EXCLUSIONS (there WILL be exclusions), ALL the conditions of coverage, AND ALL the grounds for denying claims. I'll wager dollars-to-donuts your agent learns a thing or two about what and when the policy DOESN'T cover the listed items.

The LAST thing you want to discover is that you're uninsured or under-insured following a loss.
Logged
geaugafletcher
*
Offline Offline

Location:
Joined: Feb 29, 2008
Posts: 137

View Profile
« Reply #15 on: Mar 10, 2009, 11:37PM »

Heritage Insurance, without a doubt.  Call and ask for Joan Gallo.  www.musicins.com

They understand instruments and musicians, pay claims quickly without drama or wheedling and have excellent rates.
Logged
MikeMiller
*
Offline Offline

Location: Spartanburg, SC
Joined: Jun 30, 2005
Posts: 418

View Profile WWW
« Reply #16 on: Mar 28, 2009, 08:46AM »

I just stumbled accross this thread and decided to call USAA. They said that my instruments were insured if they were stolen from the house or destroyed in a fire, but not if stolen from my car. They have something called a valuable personal property rider that I was able to purchase for just $30 a year that covers my 2 Eddies and my Willson euphonium.
Logged

Sparkle City Brass Quintet
Spartanburg Jazz Ensemble
Spartanburg Community Band
JMichael

*
Offline Offline

Location:
Joined: May 2, 2008
Posts: 92

View Profile
« Reply #17 on: Jul 08, 2009, 06:33PM »

I just stumbled accross this thread and decided to call USAA. They said that my instruments were insured if they were stolen from the house or destroyed in a fire, but not if stolen from my car. They have something called a valuable personal property rider that I was able to purchase for just $30 a year that covers my 2 Eddies and my Willson euphonium.

Funny that.  I was half way down reading this thread and called USAA to insure my horns.  Just as stated above my renters insurance covers if stolen from my apt.  I got the personal property ins which covers if stolen/destryed on my car, at a gig, etc.  As everyone had told me before USAA rocks!  (and so does the marine corps for which I proudly served)
-John
Logged
JMichael

*
Offline Offline

Location:
Joined: May 2, 2008
Posts: 92

View Profile
« Reply #18 on: Aug 27, 2009, 04:45PM »

I forgot to update this.
So I insured my Silver King 3b and Yamaha YBL-613 bass trombone as well as my $600 wireless mic for around $4500 total coverage all together. This covers theft, loss, and vandalism ($500 deductible)
This is costing me $33/month through USAA.
Well worth the ease of mind.
-John
Logged
mwpfoot
@mwpfoot

*
Offline Offline

Location: Oakland , CA
Joined: Sep 29, 2004
Posts: 5093
"Mark"


View Profile WWW
« Reply #19 on: Aug 27, 2009, 04:51PM »

The best insurance? Don't leave any musical instrument in your car, ever, for any length of time.

 ;-)
Logged

let's all move to http://www.trombonechat.com, it has owners who actually support it
Pages: [1] 2 3  All   Go Up
Print
Jump to: