Signature Musical Instrument Insurance Program by Anderson
Anderson Signature Musical Instrument Insurance Program
🎼 Trusted Worldwide by Musicians Since 1991
Anderson Musical Instrument Insurance Solutions, LLC, based in Venice, Florida, is a global leader in musical instrument insurance. We proudly serve symphony orchestras, musician associations, collectors, dealers, and individual musicians across the world.
For over three decades, our sole focus has been safeguarding instruments, equipment, and accessories with precision, empathy, and care.
Our Musician Association Instrument Insurance Program—endorsed by leading associations—offers:
- ✅ Exclusive member benefits
- ✅ Responsive, musician-savvy service
- ✅ Comprehensive “All Risk, Stated Value” coverage
- ✅ Competitive rates with global protection
Whether you're at home, on stage, or on tour, trust Anderson to protect your instruments with clarity, confidence, and care.
Our Rates and Minimum Premiums
Our Base Premium Coverage Rate is $0.64 per $100 USD. A total premium of $175 USD/year—including the annual $25 USD policy fee—covers up to $23,438 USD for many itemized instruments and accessories.
Lower base rates are available for acoustic pianos, woodwinds, violins, and violas.
Members of participating musician associations—covering Harp, String Bass, Violin, Viola, Brass, and Woodwind—enjoy significant savings and additional coverages when in good standing.
For more details, please click on “Our Products” next to our logo at the top of this page and select your instrument of choice.
Minimum Premiums by Instrument
- Pianos: $175/year USD (includes $25 policy fee), covers up to $38,461 USD—coverage available only at your designated location.
- Pedal Harps: $225/year USD (includes $25 policy fee), covers up to $20,000 USD.
- Lever Harps: $185/year USD (includes $25 policy fee), covers up to $17,021 USD.
- String Basses: $260/year USD (includes $25 policy fee), covers up to $21,171 USD.
💵 Coverage Rates & Minimum Premiums
Base Premium Coverage Rate: $0.64 per $100 USD. A total premium of $175/year USD—including a $25 policy fee—covers up to $23,438 USD for many itemized instruments and accessories.
Lower base rates are available for acoustic pianos, woodwinds, violins, and violas.
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For more details, click “Our Products” near the top of this page and select your instrument of choice.
📊 Minimum Premiums by Instrument
- 🎹 Pianos: $175/year USD — covers up to $38,461 USD (coverage available only at your designated location)
- 🎼 Pedal Harps: $225/year USD — covers up to $20,000 USD
- 🎵 Lever Harps: $185/year USD — covers up to $17,021 USD
- 🎻 String Basses: $260/year USD — covers up to $21,171 USD
Preferred Rate High Value Program
💼 Preferred Rates for High-Value Instrument Schedules
If your musical instrument schedule exceeds $100,000 USD in total insured value, you may qualify for a preferred rate—based on your completed application and underwriting review.
Eligible applicants may receive rate reductions of 10% to 68%, depending on several key factors:
- 📊 Total insured value of your instrument schedule
- 🔐
in place for your instruments - 🎓
as a musician or collector - 🏠
—temperature, humidity, and security - 🚚
—how often your instruments leave your insured address
Our underwriting team reviews each application with care to ensure your coverage reflects your unique risk profile—while maximizing value.
Coverage Highlights and "The Fine Print"
🎼 What’s Included in Your Coverage
- 🌍 “All Risk, Stated Value” coverage: Provided worldwide at no additional cost
- 📉 Diminished value coverage: Included at no additional cost
- 📜 Appraisals: May be requested for string and vintage instruments. We’ll let you know if required. Copies are always welcome and securely stored in your file.
- 🎭 Professional use: Included at no additional cost
- 🌊 Flood & Earthquake coverage: Included at no additional cost
- 🎟️ Performance Interruption: Up to $600 per covered loss included (higher limits available)
- ✈️ Shipping: Covered when packed in an appropriate shipping or flight case. For cellos and string basses shipped via common carriers, an airbag or suspension case is required. Deductible: $250 USD (or $500 USD for string basses)
- 🎻 Rental Reimbursement: $100/month for 6 months after a covered claim (unless an idle instrument is insured). Upgrade to $225/month for just $25/year USD
- 💻 Electronic Equipment: May be added at $0.65 per $100 of insured value
- 🧩 Software Coverage: Includes audio, VST/VSTi plugins, and synch licenses using virtual or hardware dongles
- 📚 Musical Scores Coverage: Uniquely crafted by Anderson—available upon request
- 🌡️ Environmental Exclusion: Dampness, dryness, or temperature extremes apply to cellos and string basses unless waived by underwriting
- 💵 Deductible: $100 USD for most perils (excluding shipping)
- 🚚 Carrier Deductible: $250 USD for common or contract shipments
- 🚫 Shipping insurance is not available for pianos.
Homeowners Insurance is NOT the Solution
⚠️ Why Homeowner’s Insurance Isn’t Enough for Your Instrument
- 💸 Coverage Limits: Most homeowner’s policies cap musical instrument coverage at $2,000—especially if you receive any “pay for play.” If your instrument is valued above this, consider the Anderson Signature Insurance Program.
- 🚫 No Business Use: Instruments used in paid performances are typically excluded. Anderson covers casual, professional, and business use—no exceptions.
- 🌊 No Flood Coverage: Unless you carry a separate flood policy, homeowner’s insurance won’t protect your instruments. We include flood coverage for itemized instruments.
- 🌍 No Earthquake Coverage: Earthquake damage is also typically excluded—especially for musical instruments.
- 💥 Excluded Perils: Homeowner’s policies rarely cover falling, cracking, or breakage. Claims adjusters often assess value after a loss—and exclude damage from bumping, dropping, or impact. View our full Coverage Form.
- 📏 Stated Value Coverage: Anderson provides clear, agreed-upon values for your itemized instruments—no guesswork at claim time.
- 🧾 Actual Cash Value Risk: Most homeowner’s policies settle claims on an Actual Cash Value basis (replacement cost minus depreciation). Many instruments appreciate over time. Ask your homeowner’s agent—in writing—how claims would be handled. Don’t wait until after a loss to discover a coverage gap.