Or, your band or orchestra student may be assigned a school-owned instrument, especially if it’s a larger or more costly one.
It’s a good idea to make sure those items loaned to your child throughout the school year are covered by insurance in the event of a loss.
First call the school so that you understand your responsibility for any loss to the loaned electronic device or instrument. Then be sure to call your insurance agent to verify what coverages are already in place on your homeowner policy for loss to loaned items.
Many homeowner policies provide limited coverage for certain items, and they are almost always subject to the homeowner deductible. If you worry that a larger homeowner deductible may create a financial hardship for your family, you may want to explore the possibility of “scheduling” a laptop or instrument on your personal articles policy (sometimes referred to as a floater or inland marine coverage.)