Some know they need one but, don't know what to look for in an insurance. The others, sadly rule out the need for insurance, claiming it is an unnecessary expense. If you limit the budget you will spend on the insurance, you can get a whole world of deals into protecting your instrument. From protecting your orchestra to actually protecting the instrument, in case of traveling, you need to make sure you have a thoroughly defined instrument insurance.
Here are a few things that will help you budge the orchestra insurance, and ensure you buy a good one. We start with the inclusions, before moving on to telling you how to limit the spending.
The orchestra insurance is indeed a boon for the musicians, especially orchestras involving heavy instruments and a lot of travelling. The benefit of the insurance depends on the dollar you spend in paying the premium. The dollar investment for premium depends entirely on your needs. Here is how you choose the premium amount
What all do you require from the insurance? For instance, the orchestra does not own a studio, they may not want the equipment coverage in the insurance they have chosen. This can be avoided. The requirement list will help achieve at the dollar limit
When you have a list of requirement, make sure you go on to choose the providers based on the recommendations. You can ask friends, family or even the Internet to provide you with top and inexpensive providers. There are surely a handful names in that list. Match it to your budget, and sign them up.