What’s musical instrument insurance?
Musical instrument insurance is part of what we call VPP insurance.
It helps protect your musical instruments and accessories beyond what a homeowners or renters policy covers. Plus, there’s no deductible.
How it works
In general, you give us a detailed description of each item and tell us what it would cost to replace it.
High-value instruments or accessories may need a receipt, an appraisal or other documentation to show proof of ownership and value. You can insure one item or many, and limits start at $100.
What does musical instrument insurance cover?
You can insure many types of instruments and accessories for personal use. Here are some examples.
- Pianos
- Guitars
- Violins
- Music stands and cases
- Amplifiers and pedals
What does it cost?
It depends on your items, their value and how much coverage you get.
Our VPP rates start as low as $2 a month. Plus, we offer savings on auto, homeowners and renters insurance when members bundle their policies with musical instrument insurance.
Does it cover rented instruments?
Accidents happen to rented instruments too. Let’s say you rent a musical instrument for your child to be in the school orchestra. You can add it to your VPP policy.
What if my instrument has historical or artistic value?
If your instrument has added value because of previous ownership, an artist’s signature or you think it’s an antique, you may need specialized coverage. In that case, consider adding it to your VPP policy as fine art.
Musical instrument insurance FAQ
Examples of items that aren’t covered include:
- Cell phones and other music storage or recording devices
- CD, DVD, Blu-ray and MP3 players, and similar devices
- Tablets and computers of any kind
- LCD monitors, computer monitors and TVs used with musical equipment
- Home stereo systems and related equipment, including speakers connected to a home stereo or sound system
- Computer software
- Sound mixing boards and drum machines
- Headphones
- Media, including vinyl records, cassette tapes, CDs and LaserDiscs
- Turntables
That depends on things like the age of the instrument, when you purchased or inherited it, and whether it’s still being manufactured.
If required, the appraisal by a credentialed, independent appraiser must be a physical inspection. We’re unable to accept online appraisals.
If your instrument has historical or artistic value, appraisal requirements may be different because we consider it fine art.
Your instrument’s description should include the type of instrument or accessory, the manufacturer, model name or number, and the date of purchase.
If available, provide the serial number or approximate age of the instrument.
Replacement cost is the value to replace the item you lost with another item of like kind and quality.
We determine the amount we’ll pay when you file a claim, up to your policy limit. Some exceptions or conditions may apply. Check your policy for details.