AHS Harp Insurance Program
If you are not presently participating in the official AHS Harp Insurance Program, and you are an active member with the American Harp Society (AHS membership in good standing is required to access this valuable coverage), all you have to do is submit your fully completed application today to get this valuable coverage started. The coverage provided under this program and the rate of $.50/$100 is too good to pass up!! If you are not a member of the American Harp Society, you can print off a membership application by clicking here (will open in a new window) or better yet, click here to join the AHS right now – online (will open in a new window). Once you submit your AHS membership application you can apply for your AHS Harp Insurance
CAUSES OF LOSS
“All Risk” Coverage, except as excluded, is provided for your instruments and related equipment and accessories.
This coverage is provided on an agreed value basis.
Your instruments are insured worldwide!
PROGRAM ADMINISTRATOR & BROKER
Anderson Musical Instrument Insurance Solutions, LLC
1570 Lakeview Drive
Sebring, FL 33870-7959
RATE PER $100 OF INSURED VALUE
Our premium rate is as low as $.50/$100 of valuation; among the lowest available worldwide.
Hanover Insurance Company is the insurance carrier underwriting our program for the American Harp Society Harp Insurance Program. This program is issued in the State of Alabama. A copy of the Anderson Group Musical Instrument Insurance Coverage Form insured by Hanover Insurance Company may be viewed here.
The Harp Insurance Program minimum premium is $150.00 ($125.00 plus a $25.00 annual policy fee). This means that you can insure up to $25,000 of itemized Harps, other instruments and related accessories.
INSTRUMENT INSURANCE COVERAGE NOTES:
- Your harp is insured if you need to ship your harp by common carrier for any purpose provided the harp is properly strapped, cushioned and protected and in the case of shipping, professionally packed in a container customarily used for harp shipments, subject to a $350 common/contract carrier deductible.
- RENTING YOUR HARP? Rental harps must have prior approval from Anderson Group. (Please note that our policy restricts coverage for any rental instrument to $1,000 without prior underwriting approval by Anderson Group.) In order to consider a rental application, we ask that the owner of the instrument or the individual renting the instrument answer the following rental questionnaire. The owner of the harp and the renter must be a member of the AHS. There is a minimum charge of $25.00 to name either the owner or renter as additional insured on a rental policy. Please click here to review our rental guidelines.
- Coverage for both personal and professional use at no additional cost.
- There is a deductible as low as $250.00 for "all perils" other than common/contract carrier shipments which has a $350 deductible.
- Coverage becomes effective once you receive confirmation of approval along with payment in full by US Check, US Money Order, Master Card, VISA, Discover, or American Express. You can also click here to pay online via our secure server!
UPDATING YOUR HARP VALUES FOR HARPS LESS THAN THIRTY YEARS OLD
Appraisals are typically not required for harps under thirty years old. We do however recommend confirming the value of your harp (annually) from your harp manufacturer (typically found on their website).
COVERAGE FOR HARPS GREATER THAN THIRTY YEARS OLD (as well as harps that are no longer manufactured) require:
- An appraisal from your harp manufacturer, a credentialed harp maker, appraiser or repair technician noting the condition of the harp and current market value of your harp is required. Market value is defined as an acceptable price between a willing buyer and willing seller. An older harp, even if fully restored will not fetch prices comparable to the prices of similar harps being made today. The same might also apply to a harp that is no longer manufactured. For this reason, a written market value and condition appraisal is necessary from a harp tech, appraiser or your maker is necessary.
- A copy of your bill of sale along with a copy of any receipts of prior restorations is requested (unless waived by underwriting).
- We do not recommend insuring an older harp for any more than what you would expect to receive if you decided to sell your older harp today since an insurance policy is not intended to create value that exceeds the market value of your harp and you might end up over-insuring your harp paying for insurance coverage that you will never use.
THEFT FROM UNLOCKED VEHICLE EXCLUSION
If your instrument(s) is in a vehicle, that vehicle must be kept locked at all times. Coverage is provided for theft, pilferage, burglary or robbery only if evidenced by visible signs of forced entry on the exterior of the vehicle or vehicle lock(s).
Our policy extends coverage for terrorism losses covered by the Terrorism Risk Insurance Act (TRIA) at no additional charge.
Electronic Equipment and Software may be added at a cost of $.65/$100 of insured value. Software includes audio, VST, VSTi plugins and synch licenses using virtual or hardware dongles. This charge is in addition to the total premium for your musical instrument schedule and accessories.
RENTAL REIMBURSEMENT COVERAGE
Included at no additional charge for covered members of the American Harp Society in Good Standing!
Provides coverage up to $600 per month for up to 12 months subject to timely repair of a covered loss on a damaged instrument IF you do not have an equivalent idle instrument.
HARP INSURANCE – ESSENTIAL INFORMATION NEEDED ON YOUR APPLICATION:
In order to provide insurance coverage we need detailed information answering the following questions which can be found on the application:
- Complete details outlining the primary user’s harp experience
- Complete details outlining the primary user’s background with harps
- Complete details on who is responsible for transporting your instrument(s) when away from your residence and how is the harp transported?
- Complete details indicating where your harp is stored when not being played (must be kept in a locked room at all times) along with who has access to the locked environment.
- Complete details on who is responsible for your harp at all times while away from your residence?
- How often is your harp away from your residence?
DOES MY HOMEOWNERS POLICY COVER MY HARPS?
- Most homeowner’s policies will cover harps up to a certain limit. This limit is usually less than $2,000 total. If you have an instrument valued more than this amount, you should consider Harp Insurance.
- Most homeowner’s policies do not respond at claim time if an instrument is used being used in a paid performance. That is considered business use and if a loss happens while being paid for a performance, your homeowner’s policy may not pay. Harp Insurance with Anderson Group covers casual, professional and business use of your Harps.
- Did you realize your homeowner’s policy does NOT cover flood damage? Unless you have a separate flood policy covering personal property, there is no coverage for your harps. Harp Insurance covers flood damage to listed instruments!
- Did you know your homeowner’s policy does NOT typically cover earthquake Damage let alone earthquake damage to harps?
- Harp Insurance is structured to cover perils not normally covered on a homeowner’s policy, such as falling, cracking, etc. Every claim is reviewed by a company adjuster to confirm coverage; however, a homeowner’s policy will not pay for a harp breakage due to bumping, falling, dropping etc! There are no listed perils like these listed on a homeowners policy! (A complete copy of the Anderson Group Harp Policy may be seen by clicking here).
- A harp Insurance policy provides a deductible as low as $250 deductible, whereas your homeowner’s policy may have a deductible upwards of $1000 or more!
- Your harp Insurance policy will provide Agreed Value coverage for your instrument, while your home policy may only provide Actual Cash Value (Replacement Cost minus Depreciation. Typically harps that are in top condition generally have little to no depreciation, so this is a very big question to ask your agent! You wouldn’t want to find yourself in a predicament!
- Does the total value of your harps get deducted from the Personal Property (Coverage C) portion of your policy? If so, please remember that coverage is there to replace your personal property from linens to appliances! Adding harps under that coverage may take away much needed coverage.