Whether you are a professional musician or one who is learning to play a piccolo there is always one question that would bother you – what would happen if your instrument were to get damaged or stolen? Such thoughts can affect your performance and prevent you from raising the bar high and establishing your name. What you need is some kind of a coverage that will help you relax and enjoy performing. While the popular narrative would be to think about a homeowner's insurance plan, this doesn't quite an answer to all your threats, especially the unforeseen ones. The music industry has evolved over the years and today you find handful of opportunities irrespective of whether you give out music lessons or play at concerts or other private events. But along with the opportunities, new threats have also emerged and a piccolo insurance is the answer to all these threats.
Taking Care of Risks
You need insurance plan to protect your piccolo or other instrument insurance that they protect you against a number of risks and these include –
Replacement costs for a new instrument when your original one is stolen or is completely damaged.
Cost of repair and refurbishing in case the instrument has been damaged while playing, in an incident of chaos or while in transit.
Cost of hiring a musical instrument to perform or give out lessons when your own instrument is undergoing repair or has been stolen.
Protection from third-party claims arising out of injuries or other losses at your music school or while performing during an event.
What Kind of Plan to Choose?
Once you are in with the idea of buying insurance for your piccolo the next big thing to decide is what kind of plan to choose. The choice is quite logical – the insurance plan should protect you from risks, taking into account your profession and the value of your instrument. The reason we have stressed on the word 'profession' is because your risks tend to change along with it. For instance, if you offer lessons to students in your home studio, the risks would be quite different from a person who regularly plays during musical events. So before you buy a piccolo or concert insurance, it is worth taking a note as things that are included in the package and also what is not covered in the plan. Music insurance companies also offer you the option of customizing the plan based on your needs and hence you tailor it accordingly. If you have an instrument that is of antique value you must get it appraised before insuring it to ensure you are not at any loss.
Choosing The Right Insurer
This is another important decision that you need to make. To start with you must buy these plans from a music insurance company as there are only a few that offer these specialized insurance plans. You can also compare the plans of different companies to ensure you get the maximum coverage and at the same time keep your premium low.