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Old 02-12-2013, 09:47 AM
  #32  
bearisgray
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Join Date: May 2008
Location: MN
Posts: 24,406
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Originally Posted by Lori S View Post
Well .. mine has its own insurance policy. My homeowners was not sufficent to cover it in the event of a complete loss. I moved my "studio" to the basement years ago as the "volume" had outgrown its confines and I was concerned about the weight. Because its in the basement there are limits to what a standard policy will cover. My agent did not believe a policy/rider was needed till he saw my "studio" and I explained what fabric costs per yard and what one stack would be valued at for replacement.
Yep ...I know some of you are thinking "downsize" that stash... and I do periodically do some weeding, but when I want to quilt... I want to quilt not go to the store.
I did ask our insurance agent if all my sewing stuff was covered and if I needed to get a rider for it - I threw out $40,000 as a rough estimate of replacement cost (I think that's low) - and really didn't get an answer.

I know that number seems high, but I've been sewing and accumulating for 50 years - - - -
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