What is musical instrument insurance?

Musical instrument insurance is part of what we call Valuable Personal Property Insurance, or VPP. It helps protect your musical instruments and accessories beyond what a homeowners or renters policy covers. Plus, there’s no deductible. In general, you give us a detailed description of each item and tell us what it would cost to replace it.

Does homeowners and renters insurance cover musical instruments?

Homeowners and renters insurance both cover musical instruments, but that coverage is often limited. If you have an expensive musical instrument, it's a great idea to purchase extra protection — especially if you're a professional musician.

What determinants determine the cost of musical instrument insurance?

The cost of musical instrument insurance is based on a long list of determinants, including the declared value of the instrument, where the instrument is stored, how often it's played, whether or not it's used professionally and many other factors. The instrument itself is one of the main determinants of insurance cost.