Stolen Musical Instruments: How to Make a Claim

Posted by David Hamilton on Sep 17, 2013 6:07:00 PM

Who should you call first if I have a loss?

Depending on the nature of the incident , or accident, call the authorities needed to assist you in an emergency: the police, the fire department, ambulance or hazardous materials team etc...

Then, call your insurance broker.

Covers: Theft, Breakage, and Fire

Your insurance broker works for you and will present the details of your theft to the insurance company and then they will act as your advocate to ensure that you get paid in full  by the insurance company  as soon as possible.

An independent insurance broker works for you – not the insurance company.

If you are a Front Row client, please contact one of our offices in Montreal, Toronto, Vancouver or Los Angeles during business hours.

You should be prepared to provide the following information:

  • Date and time of Loss,
  • What happened,
  • Where did it happen,
  • Names and phone numbers of persons to be contacted.

Most coverage’s have deductibles which are applied to each claim.

Is it possible to take immediate action to make repairs if further damage to the property is likely?

As long as the claim is covered, the reasonable cost of temporary repairs made to prevent further damage is money well-spent and, therefore, reimbursable, subject to all policy terms and conditions. Documentation in the form of bills, receipts and photographs should be retained in order to verify damages and repair costs.

If you don’t have insurance, it can be purchased on line 24 hours a day 7  days a week. $5,000 of gear costs $75 and  covers you worldwide

Topics: instrument insurance, instruments insured under homeowners, Instrument Insurance Canada, musical instrument insurance quotes, musicians insurance, musical instrument insurance, musical instrument insurance, Musical Gear insurance, Insurance and Protection While on Tour, Stolen Musical Instruments, Instrument Insurance Vancouver Instrument Insuranc

Musical Gear : Insurance and Protection While on Tour

Posted by David Hamilton on Sep 13, 2013 7:46:00 PM

I’m going to give you some tips to protect your instruments and gear when you are on tour. I will also tell you how to insure your gear.

If you are on the road in a van with a trailer or a bus  you have to expect that thieves will assume you have gear worth stealing. Some thieves specifically target touring musicians during load in and load out at particular venues.


Know that your valuable gear is being targeted and take pro active steps to protect it.  Here are some other ideas to keep it  safe:

  1. Tint or paint your windows. Buy blinds. Prevent people from seeing what is inside your vehicle.
  2. Install an alarm.
  3. Sounds simple, but develop a protocol to make sure your vehicle is locked at all times.
  4. Park your vehicle back against a wall whenever possible so it’s harder to get in the back doors.
  5. Park in the underground garage of your hotel rather than the surface lot.
  6. Leave your vehicle at a tow truck yard: they are manned 24 hours a day , 7 days a week. The cost is usually reasonable for the protection provided.
  7. Consider chaining all your gear together in your van so that if the thief does a smash and grab they will not be able to get away quickly.
  8. Finally, make sure your gear is insured.
    Covers: Theft, Breakage, and Fire

    Insure your gear with an insurance broker that specializes in instrument insurance for professionals such as Front Row Insurance Brokers. Most homeowners policies will not insure instruments and gear used professionally so source a policy for professionals.

    Front Row offers instrument insurance 24/7 on line for as little as $20. Get a quote in 30 seconds by clicking the link on screen.

    Topics: instrument insurance, instruments insured under homeowners, music equipment insurance, Instrument Insurance Canada, musical instrument insurance quotes, musicians insurance, musical instrument insurance, Socan instrument insurance, SOCAN members, musical instrument insurance, Musical Gear insurance, Insurance and Protection While on Tour

    Musical Instrument Insurance: you not be covered under a homeowners policy if you have played professionally for money

    Posted by David Hamilton on Jul 15, 2013 7:08:00 PM

     

    Instrument insurance

    You arrive back atyour van to find the window smashed and your instruments missing. Your take out your phone and call your insurance broker to report the claim under the homeowners policy that you purchased. An adjuster is assigned. The claims adjuster does a  web search and sees  that you have played some small gigs. Because you occasionally perform for money, your gear is now considered “commercial” equipment and as such, not covered by your homeowner’s insurance policy which is intended to cover “personal” musical gear that is not used for commercial purposes. You tell the adjuster that you only played twice in the last 12 months and made less than $300 for the performances. The adjuster shrugs, “It doesn’t matter, even if you busk 10 minutes for $10, you are a professional and your gear is  considered commercial and is no longer covered under a homeowners policy”.

    This is a difficult, pricey lesson that is better learned before there is a loss. Our experience tells us that many professional musicians assume they are covered by their homeowners insurance policy when in fact they are not.

    If you perform for money, check your policy and make sure your coverage is appropriate. At Front Row we have created an 5 minute on line insurance solution.

    Available to Socan members at: https://musicians.frontrowinsurance.com/

    The policy term is for 12 months and coverage is provided throughout Canada and the USA.

    All equipment is covered for replacement cost for:  theft, damage, fire and loss of use. The online link ensures industry-low prices:

    • $10,000 equipment coverage: $100
    • $1,000,000 location liability coverage: $75; $2,000,000: $100. Liability covers property damage and bodily injury to third parties. Pays legal fees too.
    • $500 deductible for gear


    Currently Socan Members  receive $10 off online instrument insurance plus $10 will be donated to the Socan Foundation for each time the code is used.  Use code: $10discount&donation at: https://musicians.frontrowinsurance.com

    “We wanted to make the insurance process easier, faster and cheaper for musicians,” said David Hamilton, President of Front Row “Given that there is no need to speak to a broker and an insurance company underwriter is not involved, the cost to process an instrument insurance policy is much less online and we have passed the savings onto the musician. Although the instrument policy is online, we are still available to answer questions by email or over the phone if required.

     

    Topics: Instrument Insurance Canada, musical instrument insurance, instrument insurance, instruments insured under homeowners, musical instrument insurance quotes, musicians insurance, music equipment insurance, front row insurance instrument insurance, Recording Artists Collecting Society Insurance, RACS Members insurance