Music studios offer vocal and instrumental instructional classes, recording sessions, and/or arrange for on- and off-premise recitals to showcase their students’ work. Whether your studio offers individual or group classes for vocal and/or instrumental students. We offer personalized Music Studio Insurance, including General Liability, E&O, Property, Crime, Business Auto, Worker’s Comp, and more.
You can be held responsible if someone is injured or suffers property damage while on your studio property. Someone can slip and fall or an electrical instrument be damaged by faulty electrical wiring. Completed operations pays to defend against any legal accusations that come up after you have provided services, and Personal and Advertising offers protection against claims of slander, libel or copyright infringements in your marketing products.
All 50 states require that businesses carry Workers’ Compensation. The Injury risks to music studio teachers and employees can include strained vocal cords or toppling instruments, music stands, or bookshelves in the music studio, among others. Workers Comp pays for the medical costs incurred for on-the-job injuries and illnesses, to include lost wages and any necessary rehabilitation services. Workers’ comp also helps cover your legal costs If an employee’s family decides to sue for damages.
Music studios will be at risk of auto accidents since their teachers drive off site for recitals and may run other business errands. If your employees use their personal vehicles for these tasks, you can purchase non-owned auto insurance coverage to protect your business from liability.
All teachers should be required to carry and maintain sufficient Personal Auto Liability limits. If your recording studio owns one or more vehicles for transporting equipment to off-site performance and recording locations, you need commercial vehicle insurance offering coverage that meets or exceeds state requirements.
If you own the building that houses your studio, you need Property Insurance. Damages caused by fire, vandalism, natural disasters, faulty wiring or plumbing or severe weather can bring your operations to a halt. If your studio is in your home, your homeowner insurance company may require you to cover the studio portion of your home with a business insurance policy. The property kept inside your studio that is damaged or lost is also covered. This would include instruments, recording equipment, wires, amplifiers, soundboards, furnishings, etc. If recording or performing at an off-site location, Property Insurance compensates for lost or damaged equipment while you are there.
Employee embezzlement and theft of property is covered by crime insurance. Computer savvy bookkeepers or other dishonest employees can bypass the security controls to steal funds. Expensive equipment such as instruments, sound boards, microphones and music are also at risk of being stolen.