 Musical Instrument Insurance Programs
Anderson Group International, LLC, is the premier solution for insuring musical instruments almost anywhere in the world. Anderson Group is devoted exclusively to insuring musical instruments and accessories worldwide. We insure almost all types of instruments including violins, violas, cellos, basses, acoustic and electric guitars, mandolins, harps, brass, woodwind, pianos, percussion instruments and everything in between. If you can play it, we can most likely insure it!
Located in Fort Lauderdale, Florida (USA), Anderson Group insures a number of major symphony orchestras throughout the United States and musician associations, collectors and musicians throughout the world. We offer musical instrument insurance for professionals and semi-professionals, as well as enthusiasts and students on a performance or career path in music.
Some of our beneficial services include coverage rates as low as $.525/$100 USD per year of insured agreed value; an “all perils” deductible as low as $250 USD throughout the world covered under an “all risk” agreed value coverage form. (Please click here to review the Anderson Group Musical Instruments Coverage Form. Our customers never seem to forget our reasonable premium and policy fee of as low as $150.00 USD, which covers about $24,000 USD of "agreed value" for most musical instruments, musical equipment and accessories.
PREFERRED RATE HIGH VALUE PROGRAM
Based on your fully completed application, you may qualify for a preferred rate if your musical instrument schedule exceeds $100,000. If you qualify, rates may be reduced by up to 70% based on your total insurance schedule value, protection for your instruments, your background and experience, the environment in which your instruments are stored and the extent that your instrument leaves your insured address. |
If you would like request a quote for our Musical Instrument Insurance Products,
please click here to begin the quote request process!
ANDERSON GROUP MUSICIANS ALLIANCE
INSTRUMENT INSURANCE PROGRAM COVERAGE HIGHLIGHTS
- Our base premium rate of $.525/$100 USD covers most instruments.
- Our base premium rate for String Basses is $1.00/$100 USD of insured value. (International Society of Bassists members can save up to 25%.)
- $150.00 USD minimum premium including policy fee covers about $24,000 USD for most instruments and accessories.
- The minimum premium including policy fee for String Basses is $250.00/USD year.
- Dampness, Dryness or Extremes of Temperature Exclusion is included for String Basses
- Deductible, for perils other than shipping for most instruments starts as low as $250.00 USD. (We may ask for a $500.00 USD deductible for some instruments away from your residence based on our underwriting criteria.)
- “All Risk”, Agreed Value Coverage is provided worldwide at no additional cost.
- Diminished value coverage included at no additional cost
- Appraisals (within 5 years of the coverage effective date) may be requested within 45 days of the coverage effective date (unless we agree to an extension) for string instruments and some vintage instruments valued at greater than $10,000 USD. In all cases, we will let you know if an appraisal(s) is required. Copies of your appraisals, even if not requested are always welcome and will be attached to your file.
- Professional use is included at no additional cost.
- Flood and earthquake coverage is included at no additional cost.
- We cover shipping if instruments are packed and protected in an appropriate shipping flight case (airbag or suspension case is necessary for cellos and string basses) shipped by common/contract fee based carrier. Common carrier shipments are subject to a separate $350 to $500 common carrier deductible for each shipment.
- Rental Reimbursement coverage is available for the low annual cost of $25 USD which provides up to $600.00 USD per month for up to 12 months subject to timely repair of a covered loss on a damaged instrument, provided that you do not have an equivalent idle instrument.
- Electronic equipment coverage up to $1,000 USD is included at no extra cost, providing coverage not found on most musical instrument insurance policies. Higher limits for electronic equipment is available.
INSURANCE COMPANY: OneBeacon Insurance Group, Ltd. is the worldwide underwriter of our Musical Instrument Insurance Program.
If you would like to request a quote for our Musical Instrument Insurance,
please click here to begin the quote request process!
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