Can You Insure a Piano?

A piano is a beautiful addition to any home, and if someone in your household plays regularly or even professionally, it’s an important asset to be protected. Many of your most significant purchases can be protected under an insurance plan, such as a car or a home – and depending on the model, piano costs can range into the tens of thousands of dollars, especially if they’re purchased new.

Besides the fact that pianos are an expensive investment, they’re intricate instruments made with delicate craftsmanship that can be damaged by a variety of factors including weather, lack of upkeep, and natural disasters. Therefore, it only makes sense that you would consider insuring this type of investment against damage or even theft or vandalism.

Let’s take a look at a few of the ways in which piano owners are protecting their instruments with insurance plans.

Generalized Policies that Cover Piano Insurance 

Some piano owners will simply claim their piano on their existing homeowners’ insurance plan. However, it’s important to note that these plans will generally only cover up to a few thousand dollars in damages for musical instruments.

If you own a particularly expensive or rare instrument, this level of coverage would likely do very little to support you in the event that you need to repair or replace your piano. 

Plus, if the circumstances that damaged your piano also impacted your other music equipment covered under your homeowner’s insurance plan, these items would basically be left without coverage, as the entire amount would go to replacing or repairing your piano. 

Why Get Specialized Piano Insurance? 

Like most insurance policies, specialized musical instrument insurance plans can be customized to the type of instruments you own. These plans cover a much wider variety of items than a standard homeowner’s insurance plan. They may even cover specialized accessories and sheet music. 

Specialized insurance can come in handy in the event of damage incurred by a piano moving company, which is a potential hazard that owners of smaller instruments don’t typically have to worry about. That’s also why picking a high-quality piano moving company is so important for avoiding expensive repairs and insurance issues!  

If you’re looking to insure a piano, it’s important to prepare for the fact that coverage for an instrument as large and expensive as a piano is going to be much pricier than it would be for something smaller like a violin or guitar. 

Prices for piano insurance will often begin around $3,000 and go up or down depending on the state of the instrument.

How to Prepare for a Piano Insurance Quote Before You Use a Piano Moving Company

Make sure to receive quotes from multiple piano insurance companies to be confident that you’re getting the best deal for your needs. To provide a quote, instrument insurance companies will generally ask:

• How often the instrument is played
• How old it is
• Whether it’s traveled with
• How often it’s cleaned or tuned

The more accurate you can be with this information, the more easily you’ll be able to find an appropriate insurance plan for your needs. Getting insurance for your beloved piano is a great investment to ensure that if anything ever happens to your musical instrument, you’ll be covered.