Saturday, February 19, 2011

Insurance

Most people moan and groan when their insurance bill comes due each year, and some people tend to skip the insurance altogether, which can turn out to be a big mistake. I certainly discovered this last summer, when on June 8th (incidentally, that was World Ocean Day), a half-hour plumbing leak turned into a claim for tens of thousands of dollars. Fortunately, because I had the right insurance, all my musical instruments and sheet music, as well as computers, temporary lodging and teaching premises, and even the increase in my cell phone bills, were completely covered.

Woman Holding Insurance Folder

So, for the next several weeks, there will be a guest blogger, Todd Henderson, who will cover the kinds of insurance that musicians and music teachers will need, whether you rent or own your living quarters. I urge you to follow these posts, and check with your own insurance agent to make sure that your coverage is what you need in order to protect your investment in your career. In the meantime, if you do not have insurance coverage, I suggest you start budgeting for it. Musicians and music teachers typically have thousands of dollars of special equipment, and if you are not covered, you could end up starting from scratch. In many cases, those extra few hundreds of dollars will easily pay for themselves, should you ever need to file a claim!

Author: Cynthia Wunsch

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Tags: Career, Investment, Legal, Business Last modified 14:36 Sat, 19 Feb 2011 by CynthiaWunsch. Accessed 486 times Children What Links Here Share Except where expressly noted, this work is licensed under a Creative Commons License.