Good recorders are expensive! The truth is that good individual instruments, whether large or small, can cost thousands, and a collection or a consort can easily run into the tens of thousands.
How should we insure against loss or damage of these precious investments?
Homeowners insurance policies: For amateur players, musical instruments are usually covered like any other possession. However, there can be unanticipated surprises arising in homeowners' policies.
You might run up against settlement limits if an entire consort or a collection of recorders is lost.Some standard homeowners' policies will only pay out a limited total on such a loss. Check your policy. If necessary, you might be able to add a specific rider to your homeowners policy, or you could opt for specialty coverage (see below). For such coverage, your recorders should be inventoried on detail. You might need receipts.
Flood and earthquake damage are often not covered.
Breakage may or may not be covered, depending on the insurance company.
Appreciation of value over time may not be covered.
Are you using your recorders professionally? Homeowners policies generally exclude professional use.
Specialty musical instrument coverage: There are many companies that specialize in the insurance of musical instruments.clarion
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