 The Clarinet BBoard
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Author: EbClarinet
Date: 2024-08-08 16:07
I'm presently enduring a Job experience! All my instruments, music and legal papers have been destroyed! I want 2 know how 2 take out an insurance policy so that this won't ever happen again to me? I've lost over $170Gs in musical instruments and accessories over the last 2 decades in just a blink of the eye!
https://www.tapatalk.com/groups/mbtldsongministry/
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Author: kdk
Date: 2024-08-08 18:03
The first place to check is with the company that writes the homeowner's or tenant's insurance you probably already have. If the instruments aren't used professionally, there ought to be coverage included. The same goes for music, although documenting what you had and what its value was may be a pain in the neck.
There are a couple of insurance companies that sell specialized policies to cover things like professionally used instruments that homeowner's won't cover. They can be pricey.
I haven't heard of insurance that covers legal papers - many legal documents are preserved somewhere digitally, so they may be recoverable, depending on what they are. People used to keep important papers in safe-deposit boxes at their bank. What kind of documents were they?
Did it all get burned up in a fire? Are you physically OK? I wish you the best in recovering what you can and preventing future losses as well as possible.
Karl
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Author: Paul Aviles
Date: 2024-08-09 01:10
I haven't looked into instrument insurance in awhile but ten years ago or so the problem that many of us had was that standard insurance on standard things takes into account that something that ages loses quite a bit of value over time (think of computers for example). The solution back then was to find specific insurers that actually KNOW the value of instruments (or appreciate the difference of their value over time).
.............Paul Aviles
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Author: kdk
Date: 2024-08-09 03:00
The policies I saw from, for example, the insurers advertised on the AFM website and International Musician, based their premiums on value appraisals the musician supplied. If you wanted to say your clarinet was worth a million dollars, they'd cover it, but you'd pay for a million dollars of coverage.
Karl
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