What is music studio insurance?
Your studio not only houses your equipment, from valuable recording equipment and mixers to software and IT, but performers and other members of the public also visit it. Recording studio insurance protects your business by covering the cost of equipment damage and loss and by dealing with the financial implications of third-party claims.
Who could benefit from recording studio insurance?
Unless you could afford to personally shoulder an expensive personal injury claim or the total loss of all your recording and mixing gear, recording studio insurance is the best way to keep your business safe.
This specialist policy is suited to TV and music recording studios, videographers, and voice artists. Whether you have a home studio or premises with multiple studios, you could benefit from this insurance.
When might I need music studio insurance?
With your headphones on and safely tucked away in your studio, you may not feel your recording business faces many risks, but numerous issues could arise.
Because you bring clients and performance artists into your studio, you are liable for any accidents or property damage that occurs while they’re there. If a singer trips on a cable and injures themselves or a piece of equipment falls and smashes your client's tablet – you are responsible for the associated costs.
Your recording equipment is the lifeblood of your business. If an artist comes into your booth to hear a playback and spills their coffee on your mixing deck or a burst pipe damages all your gear, you’ll be in a race against time to get replacements. Studio equipment insurance smooths the path, getting you back on your feet without leaving you out of pocket.
With so much of your work held online, hacking can be a real concern. Protect yourself from the financial implications of stolen tracks or leaked data with music studio insurance.