MUSIC PRO INSURANCE: Insurance For Your Musical Equipment

music pro insurance

The cost of finely manufactured musical instruments can be quite high. Musical instruments, like historic cars and high-end jewelry, can be insured. Owners can cover their instruments if they are stolen or damaged as a result of natural catastrophes by purchasing an insurance policy.  And that’s where music pro insurance comes in! Read on to learn more about Music pro insurance founded by Ascap.

Why You Need Insurance

If replacing a musical instrument would be prohibitively expensive, or if the item is used frequently for concerts or lessons, it is a good idea to insure it. Insurance often extends beyond the instrument itself to include the case, accessories, and even sheet music.

For more than 20 years, MusicPro insurance has protected over 10,000 professional musicians’ instruments from theft and damage. 

As a result, it aids in the event that the project studio floods or fails. When you wake up the next day, your equipment cart has gone missing overnight, or your cat has spilled coffee on your keyboard.

You can lose your employment if something happens to your tools. This could be due to a natural calamity, inclement weather, or simply a simple mishap. Make certain that this does not occur to you.

Your guardian angels, godfathers of gothic musicians, or just those who aid you spiritually and financially are the people who help you. There are limits to how much money they can return, much like with public liability insurance. They will, however, tell you how much it will cost.

This type of insurance is recommended for people who perform music on the road. It’s ideal for musicians and bands. It insures you against accidents, property damage, and other losses for which you may be liable, so you don’t have to pay.

What about your equipment? Let’s say your child was involved in an accident that was not your fault. What would you do in this situation? There are insurance policies designed expressly for musical instruments, and they can be quite useful in the event of an accident.

About Music Pro Insurance 

What could be more important to you as a musician than your musical instruments and equipment? It’s never been easier or more economical to protect your musical passion. That is why MusicPro Insurance exists. Music Pro, founded over two decades ago by ASCAP and top insurance provider Sterling Risk, today insures approximately 10,000 music professionals. Because of the pricing, ease, and service, they chose MusicPro to secure their equipment.

Did you know that most homeowners’ and renter’s insurance policies exclude professional use or collections? We provide the convenience of one-stop shopping and reasonable pricing, which can cover almost $12,000 in equipment for only $150 per year. This protection covers a wide range of losses, including water damage and accidental breakage. MusicPro is the fastest growing provider of accessible and cheap insurance for music creators, with endorsements and support from nearly every major music organization. To get started with Music Pro insurance:

  • Get a low-cost estimate
  • List your equipments.
  • Make any necessary adjustments to the list.
  • Make your premium payment

MusicPro Insurance is a low-cost, all-inclusive insurance policy that covers everything.” Expect to pay a $100 deductible for each insured instrument, as well as affordable rates.

MusicPro offers two sorts of coverage: standard for a wide range of individual musicians and classic for a large number of symphonies.

Why Music Pro Insurance Is Good For You

Getting help from the MusicPro team is simple and quick. Those that apply are given a check-in time of 24 hours or less. MusicPro is one of the greatest places to go if you need a refund as soon as possible. You should contact them if you need quick, short-term cash.Even if you have a persistent case of GAS, your equipment is covered.

MusicPro also offers customized liability insurance packages for artists who require coverage for their studios or business premises, as well as event insurance packages for musicians who require coverage for one-time shows or recordings. For those of you who aren’t familiar with the term, it’s known as ‘equipment buying syndrome.’ In our situation, we’re always on the lookout for the next new piece of gear.That’s why we frequently switch instruments or even borrow tools before purchasing them. 

If you have an insurance plan like MusicPro, this won’t be an issue. On the other hand, setting up music equipment in your house or private place can be difficult (if not impossible). You get access to a list of the most up-to-date gear if you have insurance like MusicPro.

You’ll always have the most up-to-date equipment, no matter how frequently you acquire new audio equipment. It covers the cost of items you frequently use (up to a specific limit), even if you borrow them while you’re abroad. They can provide you with loans that are longer than 30 days. This is wonderful news since your equipment will continue to work regardless of where you are or how frequently you update it.

Understand what is and is not covered.

It’s useful to know what happens if your equipment is damaged when you have liability insurance.

Some of the hazards of accidental damage are frequently covered by “MusicPro” insurance.

You’ll need to verify your policy first, although theft and vandalism are frequently covered. On your bus, there was a break-in. Your guitar has been stolen. It is the purpose of insurance to cover things that may or may not occur.

What’s not covered by basic insurance? You can’t receive a refund for products that get dirty and worn, as you may know. Even though it makes no sense, we’ll tell you nonetheless. Fraud is a major issue. If you or someone close to you caused the harm, you could face serious legal consequences.

For example, manufacturing faults are not covered by insurance (contact the equipment manufacturer).

When your supervisor says he knows someone who does this, don’t believe him.

Whether or whether they are a friend, you can learn to say “no” if you don’t trust them with valuable equipment. Of course, with skill.

Then there are firms like MusicPro Insurance, which can provide low-cost insurance with up to $100 in deductibles. It doesn’t make sense not to insure your instruments if you care about them.

What kind of protection do my instruments and equipment have?

All of your equipment is covered, no matter where you are. It doesn’t matter where you are: at home, in your car, at a concert, or even in checked baggage on an airplane.

What types of losses are covered?

All risks are covered under a “All Risk” policy. This policy will apply to anything that does not appear to be yours. Theft, unintentional breakage, fire, lightning, vandalism, and damage to autos or aircraft are all covered by an insurance policy.

What basis do I have for valuing any claim I could have?

You will be compensated for the principal monetary equivalent at the time of the loss if you do not replace the equipment. They will refund you money based on the replacement cost if you do not receive your instruments back. The items you’ll be replacing must be nearly identical to the ones you had before. If a certain item is no longer produced, a substitute that achieves the same objectives can be utilized in its place. All you’ll need for the policy is a $100 deductible.

What is the average time it takes to resolve a claim?

Within 12 to 24 hours, all complaints will be processed and checks will be sent out. The time it takes to obtain a police statement (in the instance of theft) or a written restoration estimate depends on the specific circumstances of each case.

What is covered by musical instrument insurance?

What is covered by musical instrument insurance? The insurance policy may not cover you if you play a guitar or an acoustic instrument. This is especially true for musical instruments (or guitars), drum and flute orchestras, viola, basso, and guitar, to name a few. It can also include musical accessories, such as power instruments and instruments that are powered from within your house or office.

Creatures such as deer, coyotes, and other non-human animals such as fish and mammals are often not covered by most insurance providers. Separate endorsements will be required for any animals or pets that may be insured under your basic policy. This is also a legal policy if you purchased as your “main policy” and that has a mammal endorsement in your regular policy. When it comes to your dog(s), cat, and fox, be prepared to debate your options with your agent. Make sure you know your dog’s and cat’s names, as well as their breeds.

Can I Get insurance for musical instruments that have been left in automobiles or vans?

You may have additional coverage under the in addition to ordinary drivers’ insurance to protect you from accidents and other things that could harm a car.

If you struck a bridge on your policy to school, for example, you may purchase collision coverage, which would include liability coverage on all of your auto insurance policies as well as personal property coverage. This is because some insurers have particular rules for people who drive exotic automobiles as closely as they know the cars, and these worries aren’t as ubiquitous as they would be.

To defend against these issues, you may be able to obtain a special coverage type of automobile insurance. If your primary vehicle is a well-known brand, you may be able to receive additional coverage under your personal plans. If the cars you want to insure are high-end, you might be able to get your own unique policy. What is the average cost of exotic car insurance? What criteria do you use to make your decision? You certainly can.

In Conclusion,

MusicPro is being used by around 7,000 people. Music students, prominent musicians, studio owners, and touring bands are among them. They’ve spent over $2 million with them on equipment. Music Pro has become the most sought-after firm in the industry. It’s critical to safeguard the instruments on which individuals perform, teach, learn, or record music for a living.

Fire, vandalism, theft, unintentional damage, water damage, and earthquakes are all covered by insurance. It also includes automobile transportation and a lockout for the night.

Classical to grime, punk to electro, and so on are just a few examples of music genres. It makes no difference whether you’re playing at home or in front of a large audience; settings and audiences are always unique. As a result, music insurance has created a variety of coverage alternatives to ensure that you only pay for the insurance that you or your band require.

Music Pro Insurance FAQs

Should I insure my music equipment?

If replacing a musical instrument would be prohibitively expensive, or if the item is used frequently for concerts or lessons, it is a good idea to insure it. Insurance often extends beyond the instrument itself to include the case, accessories, and even sheet music.

What insurance does a musician need?

Insurance for a musician comes in two into two categories: equipment insurance and public liability insurance. If you play a lot of shows and your gear is important to you, be sure it’s insured. Even if you have home and contents insurance, you should consider acquiring additional coverage for your equipment.

Should a musician have an LLC?

Yes, musicians can tremendously benefit from forming an LLC. By making an LLC, a musician can limit his or her liability and solve problems with band members more quickly.

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