| Author | Message | ||
| rogertvr
Member Username: rogertvr Post Number: 99 Registered: 1-2003 |
What does everyone do regarding insurance for these beautiful and expensive instruments? I've been looking into this subject as the Dragon's Wing progresses - about the best I can manage at the moment is to add it to my house insurance (in return for a not inconsiderable sum of money added to the policy). Hints, suggestions, tips etc gratefully accepted. Cheers, Rog | ||
| davehouck
Intermediate Member Username: davehouck Post Number: 119 Registered: 5-2002 |
I just recently had my insurance agent write a commercial replacement value policy on the gear I take to gigs and rehearsals. Your homeowners will not cover your rig if you are getting paid to play. I found the premium, and the deductible, to be very reasonable. The agent had not written a similar policy before and it took a while for me to communicate with him what I wanted, and for him to then communicate the same with the underwriter. I wanted replacement cost coverage rather than "actual cash value" which gets depreciated by the insurance company. I valued everything using Ebay completed transactions (plus shipping). Now I do not own a custom one of a kind Series II. If a drunk falls on the stage and knocks my Essence over breaking the neck, I used the value at which I can find another used Essence. Also, you will want to read this previous thread on insurance: http://alembic.com/club/messages/394/4384.html | ||
| palembic
Senior Member Username: palembic Post Number: 556 Registered: 9-2002 |
Hi Roger, for my insurance (guitar + rig etc) I have (had - I think I couldn't manage to pay the dues) a "All Risk Insurance": so all situations are covered even damage that occurs in my house, my children breaking it, transport in a car etc ... . Here in Belgium it's an insurance you can get if you are a "good customer" and they'll accept the risks. It's rather expensive: about 350€ for a year (well ...it's NOT seen the value you're insuring but it IS for me now). The value insured is the "replacement" value for a NEW instrument/rig. So to replace it by items that comes closest by possible. In principle I have to give the value of the set-up and instrument every year. Just my 2 cents Paul the bad one | ||
| malthumb
Member Username: malthumb Post Number: 95 Registered: 5-2002 |
Roger, You might find your answer in this thread..... http://alembic.com/club/messages/394/4384.html?1051212270 Hope it helps. Peace, James | ||
| rogertvr
Member Username: rogertvr Post Number: 100 Registered: 1-2003 |
I'd like to thank everyone for their help and suggestions. It's made me think about what I require from a policy for the Dragon's Wing. Cheers, Rog |
