Rising value of instruments could mean increasing insurance cover

Many consumers that have valuable musical instruments take out insurance cover to ensure that should something happen to the instrument, such as damage or theft, they will not have to foot the bill to get it repaired or replaced. However, a recent report has suggested that some instrument owners may need to look at their insurance cover to make sure that it is adequate because the value of instruments has soared during the recession. Read more

Tags: Musicguard, music industry specialist, insurance policies, japan, valuable goods insured, economics