Music can evoke joy, sadness and love. After a long day, music can help you relax. It can cause you to tap your foot, clap your hands or get up and dance. If your passion for music has led you to learn how to play an instrument, HTB has a standalone policy designed just for you.
Our Musical Instrument Insurance Program is our Stradivarius. Whether you play the guitar for your own enjoyment, teach high school music, or play trumpet in a symphony orchestra, HTB’s policy has been crafted to provide you with comprehensive coverage that travels with you anywhere in the world.
Why choose Huntington T. Block to insure your musical instruments?
At Huntington T. Block we understand the unique risks that instrument owners face. Our Musical Instrument policy is designed to provide coverage superior to a standard homeowners’ policy, and provides experienced claim management should a loss occur.
More than 40 symphony orchestras and professional music associations, along with over 5,000 individual musicians entrust their Musical Instrument coverage with HTB.
What types of instruments may be covered and who is eligible for coverage?
We insure the common, inexpensive acoustic guitar to the rare, vintage Martin guitar. We provide musical instrument insurance to individuals, groups and businesses, including:
How does your musical instrument coverage work?
Most property insurance policies include a list of “covered perils,” such as: fire, theft, vandalism and smoke damage. If a specific peril is not
on the list—such as flood—it’s not covered.
Musical Instrument Insurance works a bit differently. It provides “all risk” coverage, meaning, that all perils
are included, except
what the policy specifically excludes. For example, our Musical Instrument Insurance excludes the following:
- Wear and Tear
- Inherent Vice
Please review the specific policy for full list of exclusions and coverage terms.
Why not insure my instruments on my homeowners insurance?
A homeowner’s policy provides a limited amount of coverage for the theft of a musical instrument, usually around $1,000. You can add a ‘rider’ or ‘floater’ to your homeowners’ policy, that adds additional coverage, but it is still more limited than the coverage on the Huntington T. Block policy.
Please review the infographic
How are Musical Instrument Insurance claims settled?
When we insure your musical instrument we ask for a bill of sale from a musical instrument dealer (or an appraisal if valued at over $20,000). Within the policy is a schedule listing each instrument (if you own more than one) and the agreed upon value.
Should your instrument be stolen or destroyed beyond repair, this is the maximum value you would receive. Over time, if you believe the value of your instrument has significantly increased (or decreased) it is a good idea to procure a new appraisal and update your insurance coverage.
- Inflation Guard: This coverage pertains to new instruments less than two years old. After insuring your new instrument, if you experience a loss and the value of a new, replacement instrument has gone up, you have the ability to collect more than the amount scheduled within your insurance policy.
- Loans and Borrows: If you loan your instrument to someone, as long as they have your permission to use it, the instrument is covered while in their care.
If you borrow someone else’s instrument, we will provide 30 days of free coverage, as long as you notify us within 48 hours of the time you take possession of the instrument. In the event of a covered claim, we will pay up to the highest valued item on your policy for the borrowed instrument.
- In-transit Coverage: A high number of musical instrument claims occur while instruments are being shipped either by truck, bus or plane. The Huntington T. Block policy provides full coverage for instruments damaged in transit.
- Worldwide Territory: Whether you have individual coverage or your instrument is covered through a performing group, the Huntington T. Block Musical Instrument policy offers worldwide coverage.