Does homeowners or renters insurance cover musical equipment?
While homeowners or renters insurance may provide some coverage for musical equipment, it may not be sufficient, especially for professional use or for high-value equipment. Professionals' instruments are frequently excluded from a homeowner's personal property protection, and an expensive instrument's value might exclude a policy's instrument-specific coverage.
For these reasons, professional musicians often need a separate musician policy if their instruments are to be fully insured.
Do musician policies cover equipment when traveling?
Most musician policies offer protection beyond a musician's home or studio, covering instruments and equipment when they are transported or used at different locations.
Our policies include worldwide coverage, with the exception of Countries currently under sanctions by the US State Department, so you can be confident that you're covered when traveling.
How much does music insurance cost?
The premiums charged for musician policies largely depend on the value of the equipment to be insured. Naturally, the higher the value, the higher the premium is likely to be. Other factors, such as the location and whether general liability coverage is needed, also come into play.
Because so multiple factors influence premiums, there's not one set amount that every musician pays for their insurance. Instead, musicians should request a customized quote to see how much insurance will be for their particular situation.