My Gear is now insured

[MetalManiac]

500.00 Smith and Wesson Insurance Policy.

[FretFire]

What if someone breaks in while you're out and takes your gear AND your "insurance policy"

[DrNewcenstein]

Mister Saturday Night Special
Got a barrel that blue and cold
Ain't no good for nothin'
But pissin off whoever you shoot with it

[Gearjoneser]

Nice grip!

[JOLLY]

I insured all of my musical equipment last April for right around $200. I felt so relieved after I did. I wasn't worried about it being stolen. My main worry was tornadoes. I figured $200 per year wasn't bad at all for around $46,000 worth of replacement costs.

[MetalManiac]

I insured all of my musical equipment last April for right around $200. I felt so relieved after I did. I wasn't worried about it being stolen. My main worry was tornadoes. I figured $200 per year wasn't bad at all for around $46,000 worth of replacement costs.

Ive seen your gear. theres no way you could begin to replace it for 50 grand.

[SwampRocker]

Hope you have a permit and safety training for..... Those Mashalls

[uOpt]

I insured all of my musical equipment last April for right around $200. I felt so relieved after I did. I wasn't worried about it being stolen. My main worry was tornadoes. I figured $200 per year wasn't bad at all for around $46,000 worth of replacement costs.

How much trouble did you have to go through?

Our insurance dude wants us to hire the guy from a nearby music shop to make an evaluation and submit that to them :irk:

[DrNewcenstein]

Because the retail guy will either give a value they'd pay to you as used gear or what they'd sell it to you for as new gear. They won't do sentimental value or care that your serial numbers are a factor.

[Powdered Toast Man]

Hey, nice Super Reverb back there! Original or RI?

I've got a separate rider on my home insurance for my gear (which is all cataloged and photographed). I did that last year. I told my broker about how much stuff I had and they explained that there's category limits for replacement which would not cover everything I had. So... yeah. Good idea if you have a bunch of stuff to discuss it with your insurance broker.

[crusty philtrum]

I see how this works. You got insurance against your Marshalls getting shot by a Smith and Wesson then went home to shoot yer amp. The only thing that confuses me is the figure of $500 ... surely a replacement amp will cost more than that ?

[JOLLY]

How much trouble did you have to go through?

Our insurance dude wants us to hire the guy from a nearby music shop to make an evaluation and submit that to them :irk:

It was no trouble at all. Basically all I did was submit all of the serial numbers and replacement cost. I have it covered by State Farm.

[uOpt]

It was no trouble at all. Basically all I did was submit all of the serial numbers and replacement cost. I have it covered by State Farm.

Might be time for me to look for a new insurance.

They literally wanted me to get one of the Guitar Center teens to do the appraisal. In my estimation the result of that could easily be that the kid tells some buddies where to get some nice resellable things.

[bluesbend]

Joe Friday called.
He wants his gun back.


Attachment 32036

[lpmarshall]

I've never used them, but I've heard good things on other forums about MusicPro Insurance.

I believe they require you fill out a spreadsheet and do not require quotes. It's been awhile since I looked into it.

From the site:

Coverage starts at $100 per year. The policy has a $100 minimum. This includes up to $5,000 in computer coverage (EDP). Additional computer coverage can be added for a small additional premium.

Be advised that if you have had several claims with us, we reserve the right to increase your rate.

Coverage includes:*
Worldwide coverage for the instruments and equipment on your list for up to (but no more than) the replacement value
$5,000 in computer hardware and software, additional coverage can be added
$5,000 for valuable papers included for no additional premium
$25,000 for newly acquired property (up to 30 days)
$25,000 for borrowed property (up to 30 days). Claim must be reported within 48 hours
$2,500 per day up to $25,000 for rented reimbursement when equipment is rented to substitute equipment involved in a coverage loss (lost or repair)
Replacement property is covered up to the value of the property being repaired due to a covered loss (loaner)
If you have been paid for lost, stolen or misplaced property and the property is recovered by the carrier, you have the option to return the claim payment and repurchase the property.
Full coverage for earthquake damage in California
$100 deductible per loss (not per item)
*Subject to policy terms, limits, conditions and exclusions.

Or you could just buy a gun.