Instrument Insurance

[imperialbari]

Of course USasian and Danish insurance conditions are very different.

However:

If you can’t have your instruments covered by general homeowners insurances, then the only ways I have experienced being relevant are these:

If you are a student at a recognised educational institution (high school, college, university, conservatory), your students’ association most often will have negotiated a favourable deal with an insurance company.

If you are a pro, then your union most likely will have negotiated such a deal also.

I am insured favourably in the company associated with the Danish Teachers’ Union. Admit it or not: teachers of my generation are the most responsible persons to be found.

The really funny thing is, that the Danish Musicians’ Union has cut a deal with a subsidiary of the same insurance company.

Klaus Smedegaard Bjerre

[SplatterTone]

We got your insurance right here.

[Matt Good]

Try this place:

http://www.merzhuber.com/musical.htm

[imperialbari]

We got your insurance right here...

Wow SplatterTone, you're lookin' g-o-o-d...and that must be your loving husband behind you...

And then he demonstrates his sense for the arts. Maybe more for the visual ones than for the auditive ones.

But then that security scheme may come out as a dog.

K

[Phil Dawson]

Try State Farm. I have about $27,000 of coverage on my horns including pro use and it costs a little less than $100 per year. I do not have either my cars or house with them - it is a separate policy - I think they call it an "Inland Marine" type of policy.
Good Luck, Phil

[Mark]

http://www.clarionins.com/

[Dan Satterwhite]

My wife has her violin and bows insured with Clarion, and I have my horns insured with Marsh through the union. The cost is similar with each company. Fortunately, we've never had to have an actual test of the coverage.

[SplatterTone]

Wow SplatterTone, you're lookin' g-o-o-d...

A long time ago, in a galaxy ... etc. waaay back in my power lifting, Deca Durabolin using days, I was built about like the guy in that picture.

My dogs (Irish Setters back when you could get them, and Chesapeake Bay Retrievers now) have topped out at around 90 - 100 lbs. I think that's a mastiff in the picture.

[SplatterTone]

Maybe more for the visual ones than for the auditive ones.

Exquisite listening. GUARANTEED!

[scottw]

I just got a quote from Clarion as a comparison to the rider on my homeowner's insurance. The cost was just over 4 times that which I am now paying. I understand I would maybe get a bit more service with the Clarion policy, but as I read my homeowner's policy, not much more value. Both apply wherever and whenever I sustain a loss and both pay me the insured rate. Clarion specifically says they will allow me to buy undamaged parts and to buy back the tuba if it is recovered after they pay me for the loss, but I can easily live without that assurance. Anyone else have a similar result?

[Z-Tuba Dude]

I think Clarion was a better policy, than it is today.

I was with them for a year, or two, but then they changed the terms of the policy, to exclude coverage for many common situations. Because of the flak that they received, they fixed those problems, somewhat, but at a higher cost.

I have gone to a Hartford Inland Marine policy, since.

[Dan Schultz]

I don't have any experience with tuba insurance, but there's one term that I've learned to respect after hearing some of the horror stories following our recent storms. It's 'replacement cost'. This term does not mean that you get what you think the item was worth. That happens only if you actually replace the item with an item costing the same amount of money. In other words... if you have something insured for $10,000... the insurance will give you up to $10,000 to replace the item. It does not mean that you can buy something for less money and pocket the difference. Soooo.... if you own one of those 'one of a kind' tubas that you feel is worth $10,000 (regardless of what you paid for it)... what you are going to get is the money for a 'like' horn regardless of how much insurance you pay for if the term 'replacement cost' appears in your policy. The term 'stated value' is a different matter altogether.... kinda like life insurance. What you pay for is what you get instead of you get what you pay for. Confused? Make sure you understand EXACTLY what your policy says before you encounter a loss.

[TubaRay]

Make sure you understand EXACTLY what your policy says before you encounter a loss.

Now that is excellent advice.

[Mark E. Chachich]

You can get musical instruments insured under what is called an Inland Marine policy. Nationwide insures my tubas under this type of policy.
I think that many of the other major (and mostly likely minor) insurance companies also have this type of policy.

The way that it was explained to me is the Inland Marine Policy is for items that do not fit into another policy type. Because I use these instruments professionally this was the best option for me.

best of luck,
Mark

[MaryAnn]

My wife has her violin and bows insured with Clarion, and I have my horns insured with Marsh through the union. The cost is similar with each company. Fortunately, we've never had to have an actual test of the coverage.

I think when I looked into Clarion some time back, they wanted a receipt or valuation from the store I bought the instrument from. I didn't buy my violin from a "store" so I gave up. How did your wife get her estimates of value?

MA

[kegmcnabb]

so get this....evry insurance agency I called so far....said that I cannot get an inland marine policy because I do not play the Tuba as a profession.....and an inland marine policy is supposedly something commercial.....WTF!!!!!

Check with your homeowner's or renter's agent. Many times these will protect the horns of the non-professional. Sometimes a specific rider is needed.

[Rick Denney]

I think when I looked into Clarion some time back, they wanted a receipt or valuation from the store I bought the instrument from. I didn't buy my violin from a "store" so I gave up. How did your wife get her estimates of value?

MA

Any qualified appraisal will do.

Rick "who has looked into it" Denney