Guitar Insurance: Acoustic And Bass Coverage

Losing a guitar you love so much to theft can be disheartening, and even if you get another one, the memories of the old one might take time to fade. That’s why you need to get insurance for your guitar. Don’t worry about how to go about it; this guide is here to help you. Read on as we look at the best guitar travel insurance in the UK, as well as Acoustic and bass guitar insurance. 

Guitar Insurance UK

For some, they don’t just play the guitar for the money, they do it with zeal. As a result, if your guitar is lost, broken, or stolen, If you’ve suffered an injury in an accident that may prevent you from performing, guitar insurance is what you need.

Why do you need guitar equipment insurance?

We recognize that guitars and their accessories may be quite costly. As a result, if they were lost, damaged, or stolen, it would be disastrous on both a financial and emotional level.

That’s why you need Equipment cover: if something were to happen to your instrument, whether at home or on the road, you wouldn’t have to pay for damages or replacements out of your own cash.

Our Equipment protection ensures that your equipment may be fixed or replaced as quickly as feasible. This way, you’ll be able to get back to playing as soon as possible.

What types of guitars can be insured?

There is coverage for every type of guitar on the market. However, we’ll look at acoustic and bass guitar insurance in the UK later in this article. 

Guitarists can insure their gear against theft, loss, and damage. However, they will pay for fixes or replacements up to the limit specified in your Insurance Plan.

If a product is less than three years old and was purchased new. They will replace it with a New-for-Old replacement. They also cover laptops that are less than 18 months old and were purchased brand new.

What Is The Purpose Of Having Public Liability Insurance On Guitar?

If you perform live, most venues will not let you on stage unless you have Public Liability insurance. And the worst thing that can happen to a guitarist is to turn up to a performance, only to be told you can’t perform. Believe me, that won’t be good for your reputation.

If you inadvertently harm or damage someone else’s property while performing. If they file a claim against you, Public Liability insurance is what will cover you.

Why? Because you won’t have to spend any legal costs or expenditures out of your own pocket if you have Public Liability insurance. So, for instance, if anybody trips over an amplifier lead and injures themselves, you know you have coverage.

Why do you require Performance insurance?

If you injure yourself and are unable to work or make money, or if your guitar requires repair or replacement, you must have a backup plan.

This is where Performance coverage comes into play. This includes up to 52 weeks of Loss of Earnings coverage. This means you can receive financial assistance if an accident during a performance prevents you from attending your usual work or performing for an extended length of time.

In addition, they offer Equipment Breakdown cover in the event that your electronic equipment breaks. As well as Equipment leasing, which allows you to hire temporary equipment. While your equipment is being fixed or replaced as a result of an insurance claim.

Why do you require Travel insurance for guitar?

If you travel abroad for a concert or simply take your guitar on vacation, then you need insurance against theft, loss, and damage. Hence, you must have your insurance to be safe in the event of an accident as you travel with your guitar

That is why, as an extension of your UK travel guitar insurance, they offer Worldwide protection for up to 180 days per year, connecting your interest with the rest of the globe.

Why do you require Personal Accident insurance?

Firstly, if you’re performing in front of an audience, you’ll need Personal Accident insurance to ensure you have compensation if you sustain an injury. If you trip over a cable, for instance, and critically injure yourself, it’s critical that you have assistance.

Secondly, if you have an accident while utilizing music, entertainment, sound, or lighting devices, the Personal Accident cover will compensate you. The financial burden of serious injuries is thus kept to a minimum

What Are The Best Tips For Purchasing Guitar Insurance?

• Check with your home insurance company to see if there is insurance for your guitar, either at home or away from home. Here you can compare the finest house insurance policies. You should be aware, however, that home insurance will never give you the same level of protection as specialized guitar insurance.

• Only purchase coverage for what you truly require, particularly worldwide coverage, personal accident, hire equipment, loss of wages (if you are not a professional), and so on.

• Before purchasing insurance, determine the worth of your instrument. As noted in our comparison tool above, there is a one-item limit.

• Before purchasing a policy, always read the exceptions. Depending on the claims they have had to pay out previously, each insurer has its own set of exclusions. Pay close attention to the exclusions, limits, and circumstances under which claims are approved or rejected.

• Keep all of your receipts! Alternatively, if you are a pro, obtain an expert estimate of the value of your guitar. You won’t be sorry if you need to make a claim on your guitar insurance policy for loss, theft, or unintentional damage.

• Take advantage of group or band discounts. Then select a greater excess if you wish to pay less for the same quality of full coverage.

Evaluate the coverage you need before purchasing music insurance. Be it musical instrument insurance, Acoustic Guitar insurance, or electronic bass Guitar insurance. You should think about how you play your guitar. Particularly, if you are part of a band, you should think about getting band insurance. The following information will assist you in determining which options are best for you:

Is My Bass And Acoustic Guitar Not Covered By My Household Policy?

It all depends on the situation whereby;

• If you take your guitar away from home, such as to school, you must ensure that your household policy includes this (usually,  an out-of-house extension is necessary).
• Most residence policies prohibit forceful theft. But in fact, guitars are frequently kept in unsecured rooms or storerooms.
• Typically, this extension has a single-item limit. Is your guitar less than this size?
• Will it cover damage or theft from a building, such as a performance venue or school, or if it is left on a school bus
• Will a claim for instrument damage affect your Contents No Claims Discount? (if applicable).
• Will your contents insurers know where to send your guitar to be repaired?
• If you destroy your guitar, will your contents insurance cover a loan of a guitar so you may continue to play?

Why Should You Get Special Guitar Insurance for Acoustic and Bass?

Specialist insurance covers your acoustic or bass guitar out of the UK and can expand to protect the instrument globally. A typical policy excess of £0 applies (although you can consider taking an excess if required). Policy enhancements will include the loaning of a guitar.

Other advantages include:

• Options are only available in the UK, and on Premises.
• Coverage for theft
• Coverage for accidental damage
• No specific musical accessory coverage is included as standard (up to £350).
• Coverage for loss
• Coverage for unattended vehicles
• In the event of a claim, hiring expenses will be incurred.

Conclusion

A guitarist needs insurance because guitars and their accessories may be quite costly. As a result, if they were lost, damaged, or stolen. It would be disastrous on both a financial and emotional level.

Guitar Insurance FAQ’s

How much does it cost to insure a guitar?

Basically, insuring guitars cost roughly between $300 to $500.

Should you get insurance on a guitar?

 Yes!. Especially, if you depend on your instrument to make a living, you should probably invest in insurance. If your gear is lost, damaged, or stolen, you’ll want to minimize the amount of time you’re without an instrument, otherwise, you aren’t making any money.

Are guitars covered by home insurance?

Yes by standard home insurance. but it might exclude coverage for the instrument if you play it for compensation of any amount. Or a certain level, such as compensation of more than $2,500 a year.

Are musical instruments covered in contents insurance?

Many leisure-time musicians think their instruments are covered by their household contents insurance. But unfortunately, loss or damage to property away from the home, or to more expensive/’high-risk’ instruments often aren’t included in home policies as standard.

How much does it cost to insure an instrument?

You can expect to pay between $165 and $250 annually for coverage depending upon what instrument you play for up to $30,000 worth of coverage.

Are guitars covered by home insurance?

Your musical instruments are covered by a standard home insurance policy. But it might exclude coverage for the instrument if you play it for compensation of any amount or a certain level, such as compensation of more than $2,500 a year