Instrument & Equipment Policy

MusicPro Insurance was formed with a single charter — to provide convenient, affordable insurance to meet the needs of working music professionals. If you make a living or earn money from playing, teaching, studying or recording music, what could be more important than protecting the tools of your trade?

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Your equipment is on the road as much as you are, and you need to know that it’s protected wherever you are (or aren’t) 24 hours a day, seven days a week. Our standard Instrument & Equipment policy covers your musical instruments and gear, as well as computer hardware and software. (If you are a classical musician, please apply for our Classical Instrument & Equipment policy.)

Coverage starts at $100 per year. The policy has a $100 minimum. This includes up to $5,000 in computer coverage (EDP). Additional computer coverage can be added for a small additional premium.

Be advised that if you have had several claims with us, we reserve the right to increase your rate.

Coverage includes:*

• Worldwide coverage for the instruments and equipment on your list for up to (but no more than) the replacement value
• $5,000 in computer hardware and software, additional coverage can be added
• $5,000 for valuable papers included for no additional premium
• $25,000 for newly acquired property (up to 30 days)
• $25,000 for borrowed property (up to 30 days). Claim must be reported within 48 hours
• $2,500 per day up to $25,000 for rented reimbursement when equipment is rented to substitute equipment involved in a coverage loss (lost or repair)
• Replacement property is covered up to the value of the property being repaired due to a covered loss (loaner)
• If you have been paid for lost, stolen or misplaced property and the property is recovered by the carrier, you have the option to return the claim payment and repurchase the property.
• Full coverage for earthquake damage in California
• $100 deductible per loss (not per item)

*Subject to policy terms, limits, conditions and exclusions.

Important policy details:

• Optional Business Property coverage for the office equipment, business machinery, furniture and fixtures used in your business can also be added to the policy.
• Appraisal or receipt is required for any single item over $25,000
• Policy Renewal occurs every June 20 of every year. Prorating will be applied when purchasing a policy period during its term
• Coverage is not bound until payment has been received and processed.

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Instrument & Equipment Quick Quote

Instrument & Equipment Policy Frequently Asked Questions

Where are my instruments and equipment covered?
Worldwide. This means that you will have coverage at your home, studio, while in transit to your "gig" and at the performance venue.
What perils will be covered by this policy?**
The policy is referred to as an "All Risk" policy. This means that unintentional damage caused by anything that is not specifically excluded will be covered. So, fire, lightning, theft, vandalism, damage caused by vehicles or aircraft, windstorm, and accidental breakage are all covered perils. Earthquake damage is even covered in California.

Some exclusions include:
• Normal wear and tear
• Dishonest acts by you, your employees and agents, or those entrusted with your property (other than common carriers for hire)
**Subject to policy terms, limits, conditions and exclusions.

Am I covered if:
I packed up after a performance and found items missing some time later? Yes.
I packed all of my equipment in a van and forgot to close the door? (The equipment fell out. When I realized what happened, I returned to retrieve my stuff, but some of the equipment was damaged and some was missing.) Yes.
I went to the venue and contractors erecting scaffolding damaged my equipment? Yes.
My upstairs neighbor has a leak that breaks through and drenches place, making my guitars and amplifiers unusable? Yes.
A hurricane like Hurricane Katrina destroys my house and all of my equipment? Yes.
What is my deductible?
The policy has a deductible of $100.00. This would be applied to each claim, not to each scheduled item.
What is the valuation basis for any claim that I might have?
You will be paid the actual cash value, if the equipment is not replaced. Your instruments will be valued at replacement cost, if replaced. Replacement items are to be substantially identical to what was stolen or damaged. If an item is no longer being made, a similar item that performs the same functions will be allowed.
Who is the insurance carrier?
This policy is underwritten by Fireman's Fund McGee Marine Underwriters, a division of Fireman's Fund, rated A++ by A.M. Best Company. Admitted in all states.
What should I do if I have a claim?
Call MusicPro Insurance Agency LLC at 1(800)MUSICPRO as soon as you are aware of a problem or visit our claims section to learn how to report it directly.

Customer Quotes

"I was very impressed. I've recommended you to all of my friends. Thank you for your great work!"

— Eric P. (August 2006)