Musical Equipment Coverage

Our policy provides comprehensive coverage for your owned musical instruments, as well as recording and editing equipment.

About Musical Equipment Policies

• Annual Policy Coverage:
  • Customize your insurance limit, with a maximum online limit of $500,000.
  • Enjoy worldwide coverage while your equipment is in use, storage, or transit.
• Additional Coverage Options:
  • Water Use Coverage: Protection for your gear while on a boat, cruise, etc.
  • Theft from an Unlocked Vehicle: Secure your gear against theft even from unlocked vehicles.
  • Rental Reimbursement: Covers the cost of renting comparable gear if your equipment is lost, stolen, or damaged.
  • Discounts: Available for Dance Entertainment Groups.

What the Policy Covers

• Equipment Covered:
  • Musical Instruments
  • Recording and Editing Equipment
  • Similar equipment involved in music production
• Covered Causes of Loss or Damage:
  • Theft, Fire, Earthquake, Flood, Acts of Terrorism, Smoke, Water Damage, Falling Objects, Equipment in Transit, Lightning, Explosion, Windstorm, Hail, Accidental Damages (scratches, dropping, etc.), and more.

Deductible Information

• Standard Domestic Deductibles: Choose from $250, $500, $1,000, $2,500, and $5,000.
• International and Theft from Vehicle Deductibles: Ranging from $500 to $5,000, determined by the policyholder.

Scheduling Equipment

• High-Value Equipment: Items valued above $2,000 must be scheduled on the policy. List each item with its make, model, replacement cost, and serial number if applicable.
• Unscheduled Equipment: Items valued below $2,000 can be grouped under the Unscheduled (blanket) limit without requiring individual details.

International Coverage

• Worldwide Coverage: Applies in countries not sanctioned by the US OFAC. Check the current list here.
• Equipment Origin: Must originate within the United States and be brought abroad for coverage to apply.
• Residency Requirement: Coverage does not extend to individuals living outside the United States for most of the calendar year.

Payment and Pricing

• Policy Cost: Annual policies start at $340.
• Quotes: View a quote immediately after completing your application with no obligation to purchase.
• Payment: Full payment required via major US credit card; no payment plans are offered.

Claims and Valuation

• Submitting Claims: File a claim anytime from your online dashboard at InsureMyEquipment.com.
• Claim Payouts: The insurance carrier will either pay the replacement cost value of the lost or damaged equipment or cover the cost of repairs.

For further assistance or inquiries, please reach out to our support team.