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What is the cost to add coverage on my policy for instruments rented to others?

April 26, 2017COST coverage instruments policy rented

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What is the cost to add coverage on my policy for instruments rented to others?

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There is a flat charge per rental per year of $25 to add coverage for your rental instrument. (Please refer to the Property Leased or Rented to Others Endorsement VIM 297 06 10 which can be found in the instrument insurance forms page within the Customer Service area on our website.) [hyperlink the form to http://www.anderson-group.com/forms.html for the Property Leased or Rented to Others Endorsement VIM 297 06 10 reference]. In addition, depending on the instrument rented, the experience of the renter, and the value of the instrument being rented there may be an additional premium to cover the actual rental instrument.