When your kids start playing a musical instrument – or you do – you realize a huge asset in your home. An upright piano costs thousands of dollars, and a grand piano, tens of thousands. Even an electric guitar and a basic solid-state amplifier can cost a few hundred. None of that is trivial, and the prospect of damage to these tremendously expensive possessions, vital to happiness, can be daunting.
Precision Insurance Team, serving Mesa, AZ, can help you answer your questions about the protection your insurance offers your musical friends.
What Damage Are Covered?
A musical instrument that is covered by homeowner’s insurance can be repaired up to the limits of your homeowner’s policy. In some cases, this may mean that you are still on the hook for some repairs that are beyond the limits of your homeowner’s policy. In the case of an instrument damaged in an event like a pipe burst or a fire, the repair may have to wait until other parts of the house that are more critical to its immediate suitability for occupancy are fixed.
When Is An Instrument Not Covered?
While this is usually not the case for an acoustic piano, if you have a digital piano or a valuable electric guitar or bass, it may behoove you to purchase specific insurance for that instrument, especially if that instrument is an instrument that routinely leaves the home and is subject to the risks and difficulties of travel. Many are the stories of electric guitars that have come out of an airline’s baggage claim as if they’d come through a war zone.
Contact Us Today
Musical instruments are sometimes, but not always, covered by homeowners’ insurance. It’s wise to find out whether your policy covers it, and Precision Insurance Team’s professionals serving Mesa, AZ can help answer your questions.