Let’s face it: none of us got into rock ‘n’ roll because we wanted to talk about insurance policies, but that doesn’t mean that they’re not important. Many of us treat our instruments like family (OK, better than family), so it makes sense to ensure that they’re adequately protected.
“Not a problem,” we hear you say: “I’ve got a home insurance policy”. However, while this is great for covering your fridge and telly, what you might not know is that musical instruments are a different matter altogether. You may want to consider a dedicated insurance policy, and that’s where Allianz comes in.
Unlike standard home insurance, their specialist instrument cover has been put together with musicians in mind, and is designed to protect you whether you’re rehearsing, performing teaching or touring.
You might be surprised to learn your home insurance may not cover you when you’re being paid to play your instrument, but Allianz’s policy offers unlimited professional use cover. What’s more, you can cover multiple instruments on your policy, including £500 worth of accessories cover for free. And all of this starts from just £33 a year, so why hike your home insurance price when you can do that?
You can say goodbye to excess payments, too - your instruments’ entire value is covered - and you won’t see your premiums rise if the worst happens and you do have to make a claim. Allianz will even cover the cost of emergency loan instrument hire, so your shows will always go on. If your instrument is damaged and needs fixing, meanwhile, you’re also covered for any depreciation in value resulting from the repair.
Trust the experts
If you cover your instruments with Allianz, you can be confident that you’re dealing with experts who know a Strat from a Stradivarius. They insure more than 70,000 British musicians and, in 2015, paid out in more than 97% of claim cases. To find out more, head to the Allianz website, where comprehensive instrument cover could be just a few clicks away.
It's important to remember that most insurance policies will have different terms, conditions and benefit limits. To ensure you have the cover that's right for you, make sure you understand what you're covered for and how much you'll be able to claim before taking out a policy. The above specified cover is subject to Allianz’ terms and conditions which can be found on the Allianz Musical Insurance website or by calling 0330 100 9903.