Prime Insurance Agency Blog

All You Ever Wanted to Know About Insurance

What Type of Insurance for the Professional Musician?

They say music is the language of the soul. Nonetheless, the people behind the music need down-to-earth protection.

Insurance Coverage for Musicians

Because musicians run the full-gamut of the varying venues, the risk exposure reflectively depends on:

  • what they play
  • who they play for
  • and whom they are managed by

Some musicians sign up with an agent or managing company that deals with every detail of performances and contracts. Other musicians work autonomously, incorporating everything from music production to distribution. The resulting difference in risks is why every musician should discuss his or her own specific particulars with a knowledgeable independent insurance agent so that tailored coverage can be procured.

 

Insurance Coverage for Musical Instruments (Floaters)

Aside from the liability of the trade, musicians need to insure their instruments. It goes without saying that musical instruments can be very costly to repair or replace. Insurance coverage has to be applicable at home and at every site the instrument is transported to, even at locations where someone else is the property owner.

Of note is the fact that standard Homeowners Insurance provides coverage for instruments played solely for personal use and not those played professionally. The insurance industry is very careful about writing this form of insurance. Understandably, this is due to the high-value attributed to musical instruments, as well as the fact that they are very often in transit and are exposed to off-premises risks.

Speaking with an experienced insurance agent about the specifics in each case is fundamental in order to acquire the right policy.

HAVE A PRIME DAY™! Prime Insurance is a 3-generation family-run independent agency that has won the admiration of the industry. We’ve been presented with numerous awards and been appointed to conduct direct business with more than 40 of the leading companies. With thousands of satisfied customers, we benefit policyholders by reviewing your current coverage, as well as by shopping our wide network to locate tailored coverage at competitively lowest quotes.

Providing all forms of nationwide coverage, including NJ cheap auto insurance, low quote commercial umbrella insurance Houston, TX,  flood insurance, NY renters insurance, FL homeowners insurance, PA bonds, NJ workers comp, NJ life insurance and more, we invite you to experience the PRIME difference via our insurance website, or by contacting us through email: PRIME [at] primeins [dot] com or phone - 732-400-5242.

 

Summary: Insurance for musicians may be a complicated issue, involving the differing particulars of each type of performing artist.


Discussion

There are no comments yet.


Leave a Comment

Required fields are marked with

Comment

Your name, comment, and URL will appear on this page after it has been reviewed and approved. Your email address will not be published.