When you buy a musical instrument, you may not think of it as a major purchase. After all, they’re just things to play. But if something goes wrong with that guitar or piano, your home could be in for some serious damage. That’s why it’s important to check whether your musical instruments are covered by home insurance. Not only will this help out if something breaks during normal use, but it can also help cover any accidents that occur while the instrument is in storage. If you don’t have home insurance for your musical instruments, now is the time to get on board. The cost of coverage can vary from company to company, but it’s worth finding out what’s available to you so you can protect your belongings in the event of an accident.
What is covered under home insurance?
Home insurance policies typically cover damage to your home, both from natural disasters such as a hurricane or tornado, and from accidents. Policies typically also cover property damage, which includes anything that affects the value of your home, such as broken windows or doors. Coverage for possessions in your home is usually limited to things like furniture, appliances and electronics. Some policies also cover liability for injuries or deaths that occur on your property.
Musical instruments are usually not covered by home insurance
Musical instruments are usually not covered by home insurance. This is because they are considered personal property and not covered under most policies. However, there are a few exceptions to this rule. Some insurers may cover musical instruments if they were damaged as a result of an accident or theft. In these cases, the insurer will typically require proof of ownership.
If your musical instrument is damaged or stolen, you will likely be responsible for the cost of repairs or replacement
If your musical instrument is damaged or stolen, you will likely be responsible for the cost of repairs or replacement. Before making a decision about whether to purchase insurance, it is important to understand what types of coverage are available and what the costs might be.
One common type of coverage is extended warranty. This warranty covers the instrument against defects in workmanship for a specific period of time after the product is purchased. The cost of this warranty may vary depending on the manufacturer, but can typically run around $100-$300.
Another option is comprehensive insurance. This type of policy includes damage caused by accidents, weather conditions and unauthorized use. Comprehensive policies generally have higher premiums than warranties but provide more extensive coverage. Costs can range from $50 to $200 per year.
When choosing an insurance policy, make sure to read the fine print carefully to find out if your musical instrument is covered and what the costs will be if something happens during the policy period.
Tips for protecting your musical instruments from theft
There are a few simple things you can do to help protect your musical instruments from theft.
First, make sure they’re properly stored. Store your instruments in a secure location, out of the reach of children and other unauthorized individuals.
Second, keep an eye on your instrument when you’re not using it. Make sure to lock the case or storage compartment when you’re not using the instrument to deter would-be thieves.
Third, never leave an instrument unsecured in a car. Thieves love opportunities to snatch something off of a window ledge or dashboard while you’re driving. Keep your instrument safely secured inside the car during transport.
Finally, report any suspicious activity immediately to police or security personnel. By filing a report, you may help authorities identify and arrest those responsible for theft of musical instruments.
