Insurance?

Discussion in 'Vintage Trumpets / Cornets' started by Niner, Sep 28, 2011.

  1. Niner

    Niner Forte User

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    I have been collecting milsurps for a while and found that home owners insurance wasn't the way to go once I got into it a ways. Any of you fellows that collect trumpets and or cornets seriously have insurance with a specialty collector insurance company? I've got one for my gun collection that I think does most anything including, I would imagine, musical instruments. It's a bunch cheaper and better than a rider on my home owners. However, is there one that is better than others for collecting vintage horns?

    I'm only ankle deep in trumpet and cornet collecting now....but who knows what I may do as I get older and bored with collecting Mausers and Enfields and such.
     
  2. Dave Mickley

    Dave Mickley Forte User

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    I finally broke down and got ins. for my horns through my home owmners. it was very reasonable and I'm glad I looked into it. I have State Farm for my bikes [motorcycles] , cars, and my home so I have a good relationship with my agent. Right now I am insuring 10 horns, have several more that I don't think I need ins. on [beaters].
     
  3. flugelgirl

    flugelgirl Forte User

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    I also have a policy with State Farm for instruments. It covers my horns and my husband's guitar gear for replacement value, and even covers repairs. It was very cheap in conjunction with our other policies, and well worth the money spent.
     
  4. Buck with a Bach

    Buck with a Bach Fortissimo User

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    HMMM, never thought about that. May have to look into it as well as extra for the gun collection:oops:
     
  5. mrsemman

    mrsemman Piano User

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    I have home owner insurance through Metropolitan. I rechecked it after the tornadoes hit Massachusetts. I have complete replacement costs for home and everything in it.
     
  6. leahcim

    leahcim New Friend

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    I am also with State Farm and have a few questions. I was under the impression that if you make money with the horns and receive a 1099 that you can't use the home owners policy and need to take out a separate policy. Anyone in the same situation? This is after talking with my agent. Thanks!
     
  7. flugelgirl

    flugelgirl Forte User

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    That's why we have a separate policy for our gear - when it was away from our home and on gigs it wasn't covered! We did a separate policy -musical instruments for professional use, and pay about $20 a month for 20K worth of gear. Unfortunately, I learned this lesson the hard way when someone did $500 worth of damage to my flugel at work, and it wasn't covered under homeowners. Now everything is covered for replacement value, which is great because that flu gel's price has gone up 1K since I bought mine!
     
  8. operagost

    operagost Mezzo Forte User

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    How much was bail after you knocked them silly? :lol:
     
  9. Niner

    Niner Forte User

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    I found with gun collecting that I could get better coverage for less money going other than home owners. And I found that I could get insurance that covered my collection outside of my house, at shows, and in shipment from one place to another. No serial numbers needed and a margine of safety for new unlisted additions.


    Check out the rate charts at this link.

    Collectibles Insurance - Rate Sheets

    I was just thinking that some of you must have multiple horns and some of them must be pretty valuable. A dozen horns worth on average $1000 each could be more than your home owners will want to pay, to say nothing of big deductions, if you had a theft, fire, flood....whatever kind of loss.
     
    Last edited: Sep 30, 2011
  10. flugelgirl

    flugelgirl Forte User

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    Well, I never found out! If they'd fessed up I woud've been happy with at least half to cover damages - if I found out and they didn't fess up, more than likely I'd STILL be in jail!! The part that pisses me off the most is that if they'd have asked, I would have said go ahead and try it! I'm always happy to let people try my flugel because it's pretty difficult to test one unless you go to the shop - I don't personally know anyone else who has one!
     

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