Piano Insurance protects you against a monetary loss in the unlikely event that your piano has sustained almost any kind of damage.
It is a contract between you and the piano insurance company. You pay the premium and the piano insurance company agrees to pay your losses ad defined in your piano insurance policy.
What is in a basic Piano Insurance Policy?
The piano insurance covers loss to your piano and cases used to transport and store your piano. Also, many piano insurance policies cover your piano wherever it is located, worldwide.
Many piano insurance policies do not include coverage if your piano be used in any illegal transportation or trade.
The piano insurance policy does not cover acts by the Government such as Law enforcement in the event that they seizure or destroy your piano by order of governmental authority, however it will cover your loss caused by or resulting from acts of destruction ordered by governmental authority and taken at the time of a fire to prevent the spread if the fire.
Many piano insurance policies may not cover you for damaged caused by nuclear weapons employing atomic fusion or fission including radiation. The piano insurance policy may cover your piano in the case of tear and wear, dry or wet rot, corrosion or rust, gradual deterioration, insects, vermin or rodents.
What are the piano insurance laws in my state?
Unlike, auto insurance, it is not mandatory to have piano insurance for your piano, however, with the way things are now in the United States, don’t be surprised if by 2020, you are suddenly required to have piano insurance because of a new federal or state law.