Although I love my guitars and gear, none of it is worth thousands and I've never thought it worth insuring, other than being covered by the house contents insurance.
But with both my guitar collection and theh number of gigs I play growing, I thought I'd better look into it.
My first port of call was here: https://www.jltonline.co.uk/secure/quot ... &promCode=
Musicguard insurance is suitable for:
Home or studio based musicians
Gigging musicians that take some of their gear to gigs
Gigging musicians that take all of their gear to gigs
Cover against theft, loss and accidental damage up to £250,000
Replacement on a new for old basis (vintage and rare items are covered by valuation - laptops are subject to depreciation)
Hire cover until items are replaced or repaired (subject to an approved claim)
No excess as standard (a voluntary excess will reduce your premium)
Public liability up to £5m – essential for gigging musicians
Personal accident cover
Choice of area covered: from UK only, UK and EU with 30 days worldwide, or full worldwide
Musicguard also have optional breakdown cover – to cover you in case your gear stops working and optional 'in vehicle' cover to protect you whilst on the road.
We include £1 million of public liability cover as standard but you can upgrade to £2 or £5 million.
As an example, I put in total value of £3,000 (that's around $4,900 USD).
In-vehicle cover incuded - UK only
The premium came up as £7.72/month including 25% "outside insured location" or £8.52 with 50% "outside insured location"
I fugure that, for me, even 25% should cover a couple of guitars and an amp for gigs or band practices away from home... although 50% is probably better.
Any thoughts? Any suggestions for other insurers? Any experience of claims from musical equipment insurers??