This has been one of the most informative threads in a long time!! Thanks Rachel for the question! Anyone reading this should seriously consider contacting their insurance agent & inviting them over for a quick peek into our sewing domains. A first-hand look (complete with an accurate estimated value) is the only sure fire way to be certain you have adequate coverage. Since most companies interperet differently, anything less would be a real gamble. When visions of quilt patterns dance in my head at night I don't want them interrupted w/devastating images of disaster in my sewing room! I'm calling my agent today!