Musical Instrument Insurance
Insurance is one of those things most of us don't want to think about. Homeowners, car, health, life. For musicians, instrument insurance is another one. Why do I need that? Nothing's going to happen to me. I take good care of my stuff. Well, that's probably true. But there's always that one time.
My nephew plays drums with an up and coming band in Colorado. They've recently released their first EP and are very excited to be on the road promoting it and building their fan base. A couple of weeks ago they started out on a one week tour in California. Part way into the tour they came back to their hotel one night after a gig in San Francisco. Tired, they brought their guitars into the hotel room and crashed for the night. Around 7 o'clock the next morning they were awakened by a phone call from the front desk. Their SUV had been broken into about an hour earlier. They scrambled downstairs to find that someone had broken out a window and helped themselves to my nephew's drums, cymbals and stick bag full of sticks, mallets, and brushes. The thieves also took two BOSE sound systems, a lap top, the lead singer's suitcase, mics, cables, etc. You get the picture. The whole thing was caught on video but the police said this kind of thing happens all the time and the likelihood of them getting their gear back was slim to none. And you guessed it, no one had instrument insurance. A hard lesson to learn.
Most musicians spend years acquiring instruments and equipment. Over time it adds up to a huge investment that would be hard to replace if it was all lost at once. Or even if someone knocks over your prized guitar at a gig and it can't be repaired. That's why the cost of instrument insurance is well worth it. It's actually pretty inexpensive compared to having to come up with the money to repair or replace most if not all of your equipment. A quick Google search will reveal a number of companies that offer insurance for musical instruments. For the past number of years I've gotten my instrument insurance through a company called Music Pro Insurance (musicproinsurance.com). I found out about them through ASCAP, the performing rights organization I belong to. They cover my guitars, amp and PA, my laptop and Ipad (which I use for my music). I'm still very careful and protective of my equipment but it's reassuring to know that if something happened I'm covered by my insurance policy.
As for my nephew's band, The Heartstring Hunters, they were able to finish the tour with the help of equipment borrowed from folks along the way. The lead singer's sister started a Go Fund Me page to raise money for the band to replace their lost equipment. The band is getting back on their feet and grateful for the support from the community, family and friends. While their story has a happy ending, I wouldn't recommend counting on others to help pick up the pieces if and when you suddenly you find yourself in a situation like the one they went through. Invest in musical instrument insurance for the peace of mind you'll have knowing you're protected. I know the Heartstring Hunters are going to!