It depends on the instrument and the circumstances.
Under my old homeowners, I had to purchase a separate rider for my grand piano, and was looking at getting another for one for my button boxes when I realized it might cost 6 grand USD to replace them. The piano policy was $37 per year.
but under my new policy, the carrier said I just needed a written estimate, say from my box vendor and the replacement was under my homeowners
I am not really comfortable with that and don't know if my 'all risks' covers loss on air planes, inebriated pub patrons dumping Guiness in/on my box, or the TSA airport security gorillas dropping it or crushing while they are handling it (our son lost a laptop that way-and TSA would not pay for it.)
appraisals & insurance
appraisals & insurance
Is your instrument insured? How did you go about ascertaining its value? Did you ever have a need to invoke the policy, ie loss, theft or damage?
Just curious....
# Posted on June 25th 2009 by emily_bmore
Re: appraisals & insurance
http://www.thesession.org/discussions/display/18156/
http://www.thesession.org/discussions/display/9969/
# Posted on June 25th 2009 by llig leahcim
Re: appraisals & insurance
you can usually get an appraisal from a music shop that repairs that type of instrument.
# Posted on June 25th 2009 by Nate Ryan
Re: appraisals & insurance
It depends on the instrument and the circumstances.
Under my old homeowners, I had to purchase a separate rider for my grand piano, and was looking at getting another for one for my button boxes when I realized it might cost 6 grand USD to replace them. The piano policy was $37 per year.
but under my new policy, the carrier said I just needed a written estimate, say from my box vendor and the replacement was under my homeowners
I am not really comfortable with that and don't know if my 'all risks' covers loss on air planes, inebriated pub patrons dumping Guiness in/on my box, or the TSA airport security gorillas dropping it or crushing while they are handling it (our son lost a laptop that way-and TSA would not pay for it.)
# Posted on June 25th 2009 by zippydw