What’s musical instrument insurance?
Musical instrument insurance is part of what we call Valuable Personal Property Insurance, or VPP.
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
Do you make money with your music?
A VPP policy won’t cover your musical instruments or equipment while you’re using them for business.
Whether full time or on the side, if you earn income with your music, you might consider small business insurance. It could help cover your property, business income and liability.
What does it cost?
It depends on your items, their value and how much coverage you get.
Our rates start as low as $2 a month. See note 1 Plus, we offer savings on auto, homeowners and renters insurance when members bundle their policies with musical instrument insurance. See note 2
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.
What else can VPP cover?
You’ve got other important belongings, so let’s get them covered too. VPP insurance includes these categories:
- Jewelry and smartwatches
- Cameras
- Fine arts
- Guns and bows
- Stamps and coins
Musical instrument insurance FAQ
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 coverage means you can repair or replace your stolen or damaged property with items similar in quality and worth.
The amount we pay is determined at the time of the claim, up to your policy's limit. Some exceptions or conditions may apply. Refer to your policy for details.