- Thread starter nad
- Start date
zenmba
Well-known member
Nad, your standard homeowner's insurance will cover your EB's should you have an incident at your home like a fire, flood or theft. I would expect that renter's insurance offers the same, if you are not a homeowner. These coverages have limits.
Therefore, you can purchase additional personal property insurance for the EB's to be safe. This is not an endorsement, but check out websites like Allstate or State Farm for more info. Perhaps someone out here uses a company in which they're very happy.
Therefore, you can purchase additional personal property insurance for the EB's to be safe. This is not an endorsement, but check out websites like Allstate or State Farm for more info. Perhaps someone out here uses a company in which they're very happy.
brentrocks
Well-known member
spoken like a true salesman....
zenmba
Well-known member
I'll split the commission with you on this one!
Spudmurphy
Well-known member
UK policy owners - please read your home insurance small print. It is unlikely that your"balls" will be covered in full on contents insurance. You would be wise to take advice from the policy provider.
Magic Twanger
Member
My home owners insurance will not cover any tools of my trade while thay are being used to earn an income.
So basically - I have a few guitars, amps etc that really never leave the house - these are covered on my home owner's policy.
Any of the gear in rotation for my live work is covered under a separate policy that American Federation of Musicians members can purchase for a fairly decent rate. This policy covers any damages, theft etc while 'in the field".
I would think that if these 'gigging' instruments were in my home and were stolen, or were in a fire or flood etc...then my homeowner's policy would cover them instead of the specialized insurance.
I've learned the hard way too - I lost a full PA, lighting, amps, mics etc in a bar fire (the place was actually torched and the owner left the country) and at the time I was completely uninsured. That hurt.
Also been lucky enough to experience petty theft of microphones, pedalboards, etc, etc... so I'm a big believer in insurance.
So basically - I have a few guitars, amps etc that really never leave the house - these are covered on my home owner's policy.
Any of the gear in rotation for my live work is covered under a separate policy that American Federation of Musicians members can purchase for a fairly decent rate. This policy covers any damages, theft etc while 'in the field".
I would think that if these 'gigging' instruments were in my home and were stolen, or were in a fire or flood etc...then my homeowner's policy would cover them instead of the specialized insurance.
I've learned the hard way too - I lost a full PA, lighting, amps, mics etc in a bar fire (the place was actually torched and the owner left the country) and at the time I was completely uninsured. That hurt.
Also been lucky enough to experience petty theft of microphones, pedalboards, etc, etc... so I'm a big believer in insurance.
brentrocks
Well-known member
zenmba said:I'll split the commission with you on this one!
right on brother!!...
ernie1966
Well-known member
- Joined
- Dec 12, 2002
- Messages
- 1,271
I really can't stress to all you guys who invested alot in your gear that you have to insure it. I took out a special supplemetal insurance rider on my collection listing each guitar and its value. If something horrible happens, who wants the hassle of trying to prove what you owned and the value of each item?
brentrocks
Well-known member
after i gey my blue and pink EVHs home i'm calling up my insurance dude and getting a ryder put on my homeowners policy for my guitars!!!
Axis Sport
Well-known member
I have about 10k in gear laying around the house and had always been told it was covered under my standard policy. I decided to check again about 3 months ago when I added another guitar, and my agent who is a close friend and with State Farm said they were all covered with my homeowners policy and no additional coverage was needed.
brentrocks said:after i gey my blue and pink EVHs home i'm calling up my insurance dude and getting a ryder put on my homeowners policy for my guitars!!!
Brent you got a pink one!!!!!!!!
that excellent!!!!!!!Glenn |B)
ernie1966
Well-known member
- Joined
- Dec 12, 2002
- Messages
- 1,271
Axis Sport said:
I hear ya, but when you have over 50 guitars, and another 10 g's in gear you end up being a special case. Can you imagine if some thing bad happened and after the fact I told my agent, "oh, by the way, I have about 100 g's in music gear and all the receipts were lost with my stuff, now where's my check?"
Colin
Well-known member
so true
Has anyone here ever joined the Musicians Union? (http://www.musiciansunion.org.uk/)
Just wondering as it has insurance included when you join, and as I'm a full time student it'd only cost me £54 as opposed to the whopping £230!
Just wondering as it has insurance included when you join, and as I'm a full time student it'd only cost me £54 as opposed to the whopping £230!
brentrocks
Well-known member
GWDavis28 said:Brent you got a pink one!!!!!!!!
Glenn |B)
pics comming tues. night????
Tim O'Sullivan
Well-known member
I insure all my gear with http://www.musicguard.co.uk/
It costs me abut £200 a year, but its worth it. I only insure the guitars, and it covers me at home and when I am gigging, and theft from my car too.
It costs me abut £200 a year, but its worth it. I only insure the guitars, and it covers me at home and when I am gigging, and theft from my car too.
Spudmurphy
Well-known member
Thats a great link for us in the UK. Thanks for that TimTim O'Sullivan said:
I did ask the specific questions and here are the highlights.
They are covered under my home owners insurance.
$500 deductible per event.
The replacement value of all my guitars is less than my total coverage.
They are covered when they are in a secure place. (That does not include a bar)
They are covered under my home owners insurance.
$500 deductible per event.
The replacement value of all my guitars is less than my total coverage.
They are covered when they are in a secure place. (That does not include a bar)
Kevan
Well-known member
I did the same exact thing:ernie1966 said:
-regular H.O. policy.
-special rider for all the contents of "KevLand".
The ins. agent came over, took tons of pics (front, back, cases, etc.), and I gave him copies of all the documentation I had on the gear (COA's, reciepts, etc.) The rider cost of pennies a day is worth it so I can sleep at night knowing my gear is covered.
The only thing that would suck is that a few of them are "1 of 1" and pretty much irreplaceable. Then again, I could use that big fat check to dry my tears.
Oh- and a suggestion: Invest in a fire-proof safe. I saw them last week at Lowe's for under $200. They're a great way to keep documents secure and in one centralized location.
I used to keep all my docs in the guitar's respective case...but those aren't fire-proof. LOL And in the event of them getting stolen, well...theives love 'case candy' even more than we do.
guitrr
Well-known member
In the past few years I've been told by 3 different insurance companies that any "Tools of the trade", I.E. any equipment used to earn money with, are most definitely NOT covered under a homeowner's policy. When I told my agent I had 30k of gear at the house, including 15+ guitars and 4 amps, he said - and I quote, "You'd have one hell of a time convincing them that you're just a collector, and even if you could, they won't reimburse you for a special collection."
Get a musician's policy if you have any kind of serious money invested, and especially if you gig professionally.
Kane
Get a musician's policy if you have any kind of serious money invested, and especially if you gig professionally.
Kane
