Is Your Music Equipment Covered While on the Road?
Learn what your homeowners policy covers and when you might want to add additional coverage for your equipment.
Q. I’m a weekend musician who owns some pretty decent equipment. Is it covered while I’m transporting it to the gig and while at the gig?
A. It depends. Yes, standard home insurance does provide limited coverage for musical equipment. But there are restrictions. If you use the instruments and equipment in a business for economic gain, even if only part-time and for modest income, most homeowners policies cap the coverage amount at a low limit. This gets even lower if the equipment is damaged, lost or stolen outside of your home. It also will only reimburse you for damages from named perils such as fire and lightning. It won’t cover bizarre and unusual happenings (like an overeager fan who spills a pitcher of beer onto your equipment) or mysterious disappearance (like a violin that—poof!—goes missing while you’re setting up). So if you’re an amateur who plays for fun or professionally, consider adding Scheduled Personal Property (SPP) to your policy. SPP lets you choose the amount of insurance and covers almost anything that could happen to your musical equipment, and without any deductible.
Most standard policies limit coverage on instruments used professionally. Contact MetLife Auto & Home about your options. See policy for restrictions.