Protect your equipment and assets
There are several types of insurance that a singer needs to consider purchasing if they wish to perform in public or pursue a professional career.
Health insurance is essential for singers who earn their living from their instrument. Cover for touring abroad, loss of voice, accidental injury, engagement cancellations and loss of earnings will protect the singer if they are unable to perform due to illness or other unforseen events.
Vocalists who use their own P.A. equipment, backing tracks or other accompaniment should consider insuring against damage or loss with musical equipment insurance.
Public Liability insurance covers the entertainer in the case of a claim made against them i.e., Someone is injured by a falling speaker. Some trade organisations provide this free to their members who may also qualify for a discount off other types of insurance from a music insurance specialist.
Vehicle insurance can also be more expensive for musicians and will not include the carriage of musical and p.a. equipment unless you specify this to your insurer. Most policies usually only provide cover in the case of an accident and may not reimburse you for the full replacement cost of your damaged equipment. Ask your advisor, check the small print or purchase separate equipment insurance to ensure you are covered for all eventualities.
When your out on the road it’s very easy to forget about the property left at home. However, this is a very serious problem because not many people realise that there is a special kind of insurance for this situation according to home insurance expert’s moneysupermarket.com, which is known as vacant insurance. You may have left your vintage guitar at home when you leave for an extended period and not realise that this could affect your insurance cover, with many insurers believing that this alters the insurance situation and may refuse to pay up in the event of a burglary. You will then have to face not only the loss of your irreplaceable instruments but also won’t be given the money to soften the blow.
Therefore, despite the fact that vacant home insurance is more expensive, because a vacant house is more vulnerable, it is definitely worth getting it if you are leaving valuables at home. However, the following is three top tips which can reduce the price of your vacant home insurance cover:
* Shop around – Compare prices with different insurers who will offer varying prices. The difference could be over £200 between two insurers, so it’s defiantly worth having a look around.
* Security – A more secure home will considered less of a risk to insurers. Therefore, fitting a burglar alarm approved by NACOSS could cut the price of your insurance by 7.5%. Extra locks on windows and doors are also a good idea, as it becoming part of a neighbourhood watch scheme, which could cut another 5% off your cover.
* Appearance – Make it look lived in, as this will make it less of a target for thieves.
It is perfectly easy to not think about your home when your not there, but if it is full of valuables, such as one of your favourite guitar, it is best to make sure that you have adequate cover.
There are several UK insurance companies who specialise in providing cover for musicians and entertainers. They can often provide you with a cheaper quote than you are likely to receive anywhere else, so do take the time to contact them before forking out a fortune.
Read Musicians Insurance at the Club site for more information on musical equipment insurance plus links to lost/stolen equipment registers.
**(Information on Vacant Home Insurance kindly provided & reproduced with permission by moneysupermarket.com).
Music Insurance Companies
- Abbey Associates
Independent (Band Scheme), Abbey House, 3 Hyde Gardens, Eastbourne, East Sussex, BN21 4PN – Tel: 01323 727551, Fax: 01323 430291
- Allianz Musical Insurance, PO Box 589, Great West House (GW2), Great West Road, Brentford, Middx TW8 1AH – Tel: 0800 1975783
- Egger Lawson
Competitive Band Cover, Musical Equipment Insurance, 72 Maid Marion Way, Nottingham, NG1 6BJ, Tel: 0115-941-5255, Fax: 0115-941-5215 Email: BGriffiths@eggerlawson.co.uk
- First Act Insurance
Simpson House, 2-6 Cherry Orchard Road, Croydon, CR9 5BB. Tel: 020 8686 5050 FAX: 020 8686 5559 Independent insurance advisors for theatre, tv and film industry. Suppliers of the Equity Pension Scheme.
- Incorporated Society of Musicians (UK)
Members receive free public liability insurance up to Â£10m and free legal expenses insurance.
- La Playa
The Stables, Manor Farm, Milton Road, Impington, Cambridge CB24 9NG Tel: 01223 200650 Fax: 01223 425360 specialist insurer for the media, arts & entertainments industry.
- Lark Insurance
Offices in Barking, Colchester, London, Maidstone and Sandhurst. Tel: (+44) 020 8557 2410 Email: email@example.com
Provides musical instrument insurance policy for electric and classical instruments and equipment.
- Musicians Insurance Services
can put you in touch with one of several companies, they have several offices based around the UK and should be listed in the local yellow pages under insurance services/brokers.
- Musicians Insurance UK
312 High Street, Harlington, Hayes, Middlesex, UB3 5BT. Tel: 020 8564 8181 Fax: 020 8564 9063 provides comprehensive insurance for musical instruments instantly online.
- Musicians Union (UK)
Members receive free public liability insurance up to Â£10 million.
- Noda Insurance provides a specially designed policy to provide for the insurance needs of amateur singing and acting societies affiliated to NODA. The package includes public liability, employers liability, property (scenery/wardrobe etc.,) and loss of money.
- Victor C. Knight Ltd 292-308 Southbury Road, Enfield, Middx, EN1 1TS. Tel: 020 8351 2400 Fax: 020 8351 2411 specialist insurance for musicians.
Music insurance companies that are based in other countries will be added here as and when we find them for your convenience.
MusicPro Insurance USA
provides instrument & equipment, studio liability, tour liability, composers liability, travel accident and health insurance for US citizens.