Originally Posted by Steve Ouimette
No problem groke, insurance is tricky in the MI department for sure. I can't take anything away from the guys like Clarion but for me it was a no-brainer. Allstate gave me $250,000 worth of coverage for about $35 a month with a $1000 deductible. Blanket coverage, which includes flood, fire, theft, damage, etc.
The $1K deductible is higher than Clarion but I figure the savings alone is worth it. Besides that I don't need to itemize out every last cable I want to have covered. It's pretty much the studio computer and Pro Tools, studio furniture, guitars and amps, pedals, etc.
Not sure about the laptop coverage but if it's part of the studio I can't see why it wouldn't be.
It's a mistake to choose insurance solely on the basis of rate, doubly so in the case of music and recording gear.
One of the key terms to be aware of is "full replacement value". Most insurance policies geared to homeowners do not give full replacement value, they give depreciated value, in other words a percentage of what you paid depending on how long ago you bought it. Some companies also dick around on paying you and make you pay expenses yourself on an ongoing basis before reimbursing you after closing the case.
Has anybody here dealt with The Recording Studio Insurance Program from Capital Bauer? I believe the agent is Joe Morello - he usually has a booth at AES.