Anderson Group Harp Insurance Programs
We offer several Harp Insurance programs. Each program is offered as part of an official partnership with several of the top Harpist societies. If you do not belong to one of these organizations we encourage you to join for the benefits of society membership (required to gain access to our competitively priced harp insurance programs). Typically, if you are in the US, the American Harp Society (AHS) is your best choice, World Harp Congress (WHC) if outside the US, and International Society of Folk Harpers and Craftsmen (ISFHC) if you are a folk harper or craftsmen.
If you are already a member of one of these societies, or will be joining one concurrent with your insurance
application, please click the appropriate program link below to get more information and to request a quote.
The musical instrument insurance team at Anderson Group are experts when it comes to insuring valuable instruments like yours. Specializing in musical instrument coverage we can recommend the right coverage for your specific needs. Located in Marshfield, Massachusetts (USA), Anderson Group has offered Worldwide Musical Instrument Insurance since 1990. We insure a number of major symphony orchestras throughout the United States along with a program for professional freelance musicians throughout the world. When it comes to harps, we are the endorsed Harp Insurance agent for the American Harp Society, the World Harp Congress and the International Society of Folk Harpers and Craftsmen Insurance programs.
If you would like more information on our Harp Insurance Products,
please click here to request information
INSURANCE COMPANY
OneBeacon Insurance Group is the underwriter of our Harp Insurance Programs. A copy of the OneBeacon/Anderson Group Musical Instrument Insurance issued by OneBeacon Insurance Company (which makes up this policy) can be viewed here.
INSTRUMENT INSURANCE COVERAGE HIGHLIGHTS
- Our premium rate is as low as $.50/$100 of valuation; among the lowest available worldwide
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Our minimum premium as low as $125 covers as much as a $20,000 instrument schedule
- Our deductible for perils other than common/contract fee based carrier are as low as $250.00
- Common/contract carrier deductible is $350 (Your harp is insured if you need to ship harps for repairs or performance venues provided the harp is properly strapped and in the case of shipping, professionally packed in a container customarily used for harp shipments.)
- “All Risk”, Agreed Value Coverage provided worldwide
- Newly acquired instruments are automatically insured for 30 days from the date the instrument was acquired, up to $100,000.
- Rental harps may be covered with prior approval from Anderson Group. In order to consider a rental application, we ask that the individual renting your instrument submit a fully completed application for underwriting review. Simply stated, we need to know all about who we will be insuring.
- Coverage for both personal and professional use at the same cost.
- Rental Reimbursement coverage included at no extra cost providing up to $600 per month for up to 12 months subject to timely repair of a covered loss on a damaged instrument IF you do not have an equivalent idle instrument
- Our policy extends coverage for terrorism losses covered by the Terrorism Risk Insurance Act (TRIA) at no additional cost.
- Incidental electronic equipment up to $999 may be included in your total insurance schedule values. Please see the society program specific page links above for more information.
If you would like more information on our Harp Insurance Products,
please click here to request information
DOES MY HOMEOWNERS POLICY COVER MY HARPS?
- Most homeowner’s policies will cover harps up to a certain limit. This limit is usually less than $2,000 total. If you have an instrument valued more than this amount, you should consider Harp Insurance.
- Most homeowner’s policies do not respond at claim time if an instrument is used being used in a paid performance. That is considered business use and if a loss happens while being paid for a performance, your homeowner’s policy may not pay. Harp Insurance with Anderson Group covers casual, professional and business use of your Harps.
- Did you realize your homeowner’s policy does NOT cover flood damage? Unless you have a separate flood policy covering personal property, there is no coverage for your harps. Harp Insurance covers flood damage to listed instruments!
- Did you know your homeowner’s policy does NOT typically cover earthquake Damage let alone earthquake damage to harps?
- Harp Insurance is structured to cover perils not normally covered on a homeowner’s policy, such as falling, cracking, etc. Every claim is reviewed by a company adjuster to confirm coverage; however, a homeowner’s policy will not pay for a harp breakage due to bumping, falling, dropping etc! There are no listed perils like these listed on a homeowners policy! (A complete copy of the Anderson Group Harp Policy may be seen by clicking here).
- A harp Insurance policy provides a deductible as low as $250 deductible, whereas your homeowner’s policy may have a deductible upwards of $1000 or more!
- Your harp Insurance policy will provide Agreed Value coverage for your instrument, while your home policy may only provide Actual Cash Value (Replacement Cost minus Depreciation. Typically harps that are in top condition generally have little to no depreciation, so this is a very big question to ask your agent! You wouldn’t want to find yourself in a predicament!
- Does the total value of your harps get deducted from the Personal Property (Coverage C) portion of your policy? If so, please remember that coverage is there to replace your personal property from linens to appliances! Adding harps under that coverage may take away much needed coverage.
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