Music School Insurance Policy Information
Music School Insurance. Classical, jazz, rock-n-roll, hip hop; music is your passion and you want to spread the joy with others. That's why you decided to start your very own music school.
Music schools specialize in the study of music, its history, and theory, composition, conducting, singing, playing a musical instrument, or how to make and repair musical instruments. Students may learn to perform individually or as part of an ensemble or orchestra.
Some provide enrichment opportunities for elementary or secondary students while others offer two-or four-year degrees in a college or university environment. They may be publicly funded from state and federal tax dollars or privately funded through donations, particularly donations from alumni.
Additional funding comes from tuition, fees, bookstores, admissions to cultural events, fundraisers, and licensing of miscellaneous goods and apparel bearing the institution's name or logo.
Whether it's been a lifelong dream and has always been your goal or you just recently decided to change your career path and launch a music school, as the owner and operator of a music school, you want to make sure that you provide your students with the very best experience possible.
If you employ a staff, you also want to ensure that you offer them a safe work environment. Of course, you're also responsible for everything else that's related to operating any kind of business.
While you make every effort to ensure that everything goes as smoothly as possible, there's no telling when something will go wrong.
That's why, if you're planning on starting a music school, in order to protect yourself, your students, and your staff from the unexpected, investing in the right type of insurance coverage is so important.
But what type of business insurance do you need? Read on to find out what kind of music school insurance coverage are needed.
Music school insurance protects music instruction businesses from lawsuits with rates as low as $37/mo. Get a fast quote and your certificate of insurance now.
Below are some answers to commonly asked music school insurance questions:
- What Is Music School Insurance?
- How Much Does Music School Insurance Cost?
- Why Do Music Schools Need Insurance?
- What Type Of Insurance Do Music Schools Need?
- What Does Music School Insurance Cover & Pay For?
What Is Music School Insurance?
Music school insurance is a type of insurance that is specifically designed for music schools, institutions, and studios. This insurance covers the risks associated with running a music school, including property damage, theft, injury to students or staff, and liability for musical instruments and equipment.
This type of insurance typically includes coverage for the building and contents, liability, and professional indemnity, as well as any specific needs of the music school such as public liability, products liability, and employee liability.
This insurance helps to protect the music school from financial losses due to unexpected events and provides peace of mind to the school owners, teachers, and students.
How Much Does Music School Insurance Cost?
The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small schools of music ranges from $37 to $59 per month based on location, size, revenue, claims history and more.
Why Do Music Schools Need Insurance?
The owners and operators of all types of businesses are responsible for anything that goes wrong; property damages, liability claims, work-related injuries that your employees may suffer, etc. You're also responsible for providing your students with a high-quality education and a safe learning environment.
Since you're the proprietor of your music school, if any mishaps - whether unintentional or intentional - occur, you will be held liable and will have to cover any related costs.
For example, if a student were to file a lawsuit against your school citing that a member of your faculty harassed them, you'd have to cover the cost of the related legal expenses. If your school were to sustain damages in a major storm, you'll have to pay for anything that needs to be repaired or replaced. Should one of your staff members sustain a work-related injury, you'll have to cover their medical care and compensate them for any wages that they may lose if they are unable to work while recovering.
Those are just a few examples of the things that can go wrong.
It goes without saying but it is certainly worth mentioning that if something unexpected does happen, the financial repercussions could be devastating.
That's why being properly insured is so important, because if and when a mishap occurs, as long as it's covered by your insurance policies, your carrier will cover the related costs. In other words, music school insurance can help to prevent you from serious financial losses.
What Type Of Insurance Do Music Schools Need?
There are several types of insurance policies that music schools should carry. Some policies are compulsory, while others are voluntary, and there are several factors that will determine which policies you will need to and might want to carry; where your school is located, the size of the facility, and whether or not you employ a faculty and staff, for example.
With that said, however, here's a brief overview of just a few of the music school insurance policies that should be considered:
- Commercial Property: This policy covers the physical structure of your school and the contents within it (instruments, desks, chairs, music stands, equipment, etc.) from damages and losses that are related to things like fires, pipe bursts, theft, and vandalism. For example, if a pipe were to burst in your school and damage the flooring, furnishings, and instruments, this policy would cover the damages.
- General Liability: This music school insurance policy covers third-party liability claims related to personal and physical injuries, as well as property damages. For instance, if a staff member claimed that their personal property was damaged on your property, this policy would cover any legal fees that may be related with the claim, as well as any compensation that a court may find you liable for.
- Workers' Compensation: Should a member of your faculty or staff suffer an injury while they are at work, workers comp would reimburse them for medical care and lost wages.
These are just some of the different types of music school insurance policies that should be in place. Speak with a commercial insurance broker to go over the exact types you need for your operations.
Music School's Risks & Exposures
Premises liability exposures are high due to the age and number of students and visitors on premises. The adult/student ratio should be low enough to permit adequate supervision. Classrooms should be arranged so instructors can see students at all times.
Furnishings and musical equipment must be well maintained to prevent injury to students. Flooring should have nonskid surfaces. Slips and falls can be prevented with good housekeeping and by maintaining floor coverings in good condition, with no frayed or worn spots on carpet and no cracks or holes in flooring, and prompt cleanup of spills.
Sufficient exits must be provided and be well marked, with backup lighting systems in case of power failure. Parking lots and sidewalks need to be in good repair with snow and ice removed, and generally level and free of exposure to slips and falls. High levels of noise can result in hearing impairment.
Procedures for all emergencies should be posted, with employees trained to use them. Evacuation drills should be practiced on a regular basis. Security issues are becoming more critical in educational settings.
Access to the building must be limited during the hours of operation to prevent unauthorized access, students escaping, or kidnapping. If there are dormitories, supervisors' references must be verified, including a criminal background check. There should be hard-wired smoke detectors in each living unit.
Immunizations should be required for each student, along with an emergency medical contact. There should be written policies regarding when a student is too ill to attend class, and when the facility will contact parents or medical emergency providers in the event of illness or an accident.
If the college has an on-premises medical clinic or police staff, professional liability coverage may be needed. Off-premises exposures can include concerts, field trips, class trips, overseas semesters, and research and development activities.
Personal and advertising injury exposures include allegations of discrimination, failure to prevent intimidation, humiliation, hazing or bullying by instructors or other students, false arrest or detention, invasion of privacy, unauthorized or intrusive searches, slander and libel from publishing or broadcasting activities, and wrongful expulsion.
In addition, exposures arise from professor publications, including research stealing and disputes and copyright or patent infringement. Written procedures should be in place as to the intervening actions the music school must take when the administration becomes aware of any allegations of such activities.
Abuse and molestation exposure is higher if the music school instructs elementary or secondary level students. No coverage is available for the abuser. While there is some coverage in the standard market for the institution where the abuse takes place, it is very restricted.
More complete coverage should be purchased through specialized markets. The school must take all care possible to protect students from predatory adults and older students through background checks, monitoring, and supervision, and reporting all allegations of abuse to the proper authorities.
Directors and officers exposure arise from the decisions and actions of board members. Policies and procedures should be published and consistently followed, especially as they relate to the election of officers and removal of officers.
Professional liability exposure is high if the music school is affiliated with a college or university due to the number of professors and counselors employed. Verification of professional credentials is critical. Educational standards must be in writing and meet all criteria for state and federal licensing and accreditation.
Workers compensation exposures for music teachers include lifting, hernia, back sprains, and strains. High levels of noise can result in hearing impairment. Welding and repairing of instruments can result in cuts and burns.
Many of the processes used for repairing musical instruments can cause lung, eye, and skin irritations. Use of flammables, solvents, lead-based paints, or chemicals from working on staging need to be carefully evaluated. Protective equipment may be required.
Use of computer keyboards can result in repetitive motion injuries. Workstations should be ergonomically designed.
Exposure to communicable disease can be high. All employees should have up-to-date immunizations to prevent the spread of communicable disease. Custodians can develop respiratory ailments or contact dermatitis from working with chemicals.
Instructors may travel with students for competitions or performances and may intervene to protect them from injury. Unauthorized visitors can pose a threat to employees as well as students.
Property exposure is limited unless musical instrument repair is done on premises. Ignition sources include audio/visual equipment, electrical wiring, and heating and air conditioning systems. All must be well maintained and meet current codes for the occupancy.
Repairs include soldering and welding, along with lacquer, paint, and varnish. All flammables should be stored in appropriate cabinets and in a cool environment. Welding and soldering must be done in a safe and well-ventilated location away from combustibles.
Musical instruments are expensive and susceptible to damage by fire, smoke, or water. Storage of uniforms and backdrops increase the fire load. Extinguishing equipment must be easily accessible.
If meals are prepared on premises, all cooking equipment must be properly protected. Housekeeping must be excellent. Colleges are often targets for vandalism and malicious mischief. There should be after-hours security to prevent unauthorized access.
Business income exposure can be high if a specialized classroom building, dormitory, or concert hall is shut down after a loss. A disaster plan should be in place identifying temporary facilities and suppliers that could be used in the event of a loss.
Crime exposures are from employee dishonesty and theft of money and securities. Background checks should be performed on all employees handling money. All job duties, such as ordering, billing, and disbursement, should be separate and reconciled on a regular basis. If cash is received for tuition or from donations, receipts should be provided.
Bank deposits should be made on a timely basis to prevent the buildup of cash on premises. External audits should be conducted at least annually. Cash from bookstores must be periodically picked up, tallied, verified, and deposited in a drop safe pending transfer to a bank. Large cash deposits may require the use of an armored car service.
Inland marine exposure includes accounts receivable for payments from donors, parents and students, computers for offices, classrooms and composing, and valuable papers and records for student information, musical scores, manuscripts, and library books. All data must be duplicated and kept off premises.
A theatrical property floater should be used for the backdrops, uniforms and other items necessary when the students perform. Musical instrument coverage may be necessary for school-owned equipment that is loaned to students or taken off-site for performances.
Business auto exposure is generally limited to hired and non-owned due to errand running. If there are owned vehicles, all drivers must have appropriate licenses and acceptable MVRs. All vehicles must be well maintained and the records kept at a central location.
What Does Music School Insurance Cover & Pay For?
There are several reasons why music schools may be sued. Some of the most common reasons include:
- Injury to students or staff: Music schools may be held liable if a student or staff member suffers an injury on their premises. This could include slip and fall accidents, injuries sustained during music lessons, or accidents involving equipment.
- Copyright infringement: Music schools may be sued for copyright infringement if they use copyrighted material without permission, such as playing songs during lessons without proper licensing.
- Breach of contract: Music schools may be sued for breach of contract if they fail to fulfill their obligations to students, such as failing to provide adequate instruction or equipment.
- Discrimination: Music schools may be sued for discrimination if they treat students or staff unfairly based on their race, gender, religion, or other protected characteristics.
- Sexual harassment: Music schools may be sued for sexual harassment if students or staff members are subjected to inappropriate behavior or advances.
Insurance can help music schools protect themselves against these types of lawsuits by providing coverage for legal fees, settlements, and judgments. Here are some examples of how insurance can help pay for lawsuits:
General liability insurance: This type of insurance provides coverage for bodily injury and property damage claims, as well as personal and advertising injury claims, such as copyright infringement. If a student or staff member is injured on the music school's premises, general liability insurance can help cover the cost of legal fees and settlements.
Professional liability insurance: Also known as errors and omissions insurance, this type of insurance provides coverage for claims of professional negligence, such as a music teacher providing inadequate instruction. If a student sues a music school for breach of contract, professional liability insurance can help cover the cost of legal fees and settlements.
Employment practices liability insurance: This type of insurance provides coverage for claims of discrimination and harassment. If a staff member sues a music school for sexual harassment, employment practices liability insurance can help cover the cost of legal fees and settlements.
In summary, music schools can be sued for various reasons, and insurance can help protect them from the financial impact of lawsuits by providing coverage for legal fees, settlements, and judgments.
Commercial Insurance And Business Industry Classification
- SIC CODE: 8299: Schools And Educational Services, Not Elsewhere Classified
- NAICS CODE: 611610 Fine Art Schools
- Suggested Workers Compensation Code(s): 8868 School - Professional Employees & Clerical, 9101 School - All Other Employees
Description for 8299: Schools And Educational Services, Not Elsewhere Classified
Division I: Services | Major Group 82: Educational Services | Industry Group 829: Schools And Educational Services, Not Elsewhere
8299 Schools And Educational Services, Not Elsewhere Classified: Establishments primarily engaged in offering educational courses and services, not elsewhere classified. Included in this industry are music schools, drama schools, language schools, short-term examination preparatory schools, student exchange programs, curriculum development, and vocational counseling, except rehabilitation counseling. Establishments primarily engaged in operating dance schools are classified in Industry 7911, and those providing rehabilitation counseling are classified in Industry 8331.
- Art schools, except commercial
- Automobile driving instruction
- Baton instruction
- Bible schools, not operated by churches
- Ceramics schools
- Charm schools
- Civil service schools
- Continuing education programs
- Cooking schools
- Curriculum development, educational
- Diction schools
- Drama schools
- Finishing schools, charm and modeling
- Flying instruction
- Hypnosis schools
- Language schools
- Modeling schools, clothes
- Music schools
- Personal development schools
- Public speaking schools
- Reading schools
- Speed reading courses
- Student exchange programs
- Survival schools
- Vocational counseling, except rehabilitation counseling
Music School Insurance - The Bottom Line
To protect your institution, employees and students, having the right music school insurance coverage is important. To learn about the policy and coverage options are available to you and how much the coverage costs - speak to a reputable commercial insurance agent.
Additional Resources For Education, Colleges, Universities & Schools Insurance
Learn about small business commercial insurance for educators that helps protecting your professional reputation and other legal liabilities arising from your educational services.
- Art School
- Beauty School
- Charter School
- Chiropractic Schools
- Colleges, Universities & Professional Schools
- Driving Schools
- Educational Services
- Language School
- Music Schools
- Private Schools
- Real Estate School
- Specialty Schools And Education
Education, colleges, universities, and schools are integral parts of our society, responsible for shaping the minds and futures of our youth. These institutions have a significant impact on the community and play a vital role in the growth and development of our society.
However, as with any business, education institutions also face a variety of risks and challenges. These risks can range from accidents and injuries on campus to financial loss due to lawsuits or property damage.
In order to protect against these risks and ensure that they can continue to provide high-quality education to their students, it is essential for education institutions to have business insurance. This insurance can provide coverage for a variety of potential issues, including:
Liability: If a student is injured on campus or a teacher is sued for misconduct, education institutions can be held liable. Liability insurance can provide coverage for legal fees and settlements, helping to protect the institution's financial stability.
Property damage: Natural disasters, fires, and other unexpected events can cause significant damage to education institutions. Commercial property insurance can provide coverage for repairs and replacements, helping to minimize the financial impact of these events.
Loss of income: If an education institution is forced to close due to an unforeseen event, such as a pandemic, it can result in significant financial loss. Business insurance can provide coverage for lost income, helping to mitigate the impact on the institution's financial stability.
In conclusion, education institutions, such as colleges, universities, and schools, need insurance to protect against the various risks and challenges they face. This insurance can help to ensure that these institutions can continue to provide high-quality education and support to their students and communities.
Minimum recommended small business insurance coverage: Building, Business Personal Property, Business Income and Extra Expense, Employee Dishonesty, Money and Securities, Accounts Receivable, Commercial Articles Floater, Computers, Valuable Papers and Records, General Liability, Directors and Officers, Employee Benefits, Professional, Umbrella, Business Auto Liability and Physical Damage, Hired and Nonownd Auto & Workers Compensation.
Other commercial insurance policies to consider: Earthquake, Equipment Breakdown, Flood, Spoilage, Computer Fraud, Extortion, Animal Floater, Contractors' Equipment, Fine Arts, Musical Instruments, Theatrical Floater, Cyber Liability, Employment-related Practices, Stop Gap Liability and Active Shooter.