Sewing Machine Insurance??
 

I have insurance for mine! It only added $3 more a month to my policy so I think it is well worth the money.

When I bought my Gammill, I had my insurance agent come out and he said I didn't need a separate rider. It would just be part of my contents coverage. He did take photos.

I have additional insurance on all of my quilting "STUFF". Machines, tools, fabric , books, tables ... all of it. Check with your agent some polices will cover .. but to a limit. Whe I was talking to mine he asked me what the valuation/replacement value would be ... He was stunned at the $$$ . He said "this I have to see" , when you took a look ..he said "this isn't that much". I then pulled off a stack of fabric and told him each fabric represented ruffly $10.00 and there was about 20 in the stack... He quickly did the math for just fabric ... then we moved on to machine with all the accesories... before we got to the books etc ... he stopped me and said "you need additional coverage". It is in part because my studio is in the basement ..and my policy limits the claim for basement water damage( most policies do limit basement coverage) .

I'm glad you mentioned this. My sewing machine is probably the most expensive item in our house! And I live on the Gulf Coast in hurricane territory. I'll call my agent....thanks for the heads up.

If you are going to have basement studio best bet is to seal the floor and walls with this rubber like sealant plus we had a humidfire that we ran. We got a nice credit from our insurance company for doing that.

yes, contacting the insurance agent is important. thanks for the reminder, i've been meaning to contact mine :)

After I bought a rather expensive machine, I called my insurance company. They said it was covered by my contents coverage but that I should take care to keep my receipts as proof of the purchase. I need to take copies and photos and stow them in my safe deposit box.

Good info to know.

I check with my insurance each year when we review our policies. Mine are all covered as long as I am not running a business using them. If I do, I need separate insurance. Everything in the house is covered at replacement cost up to 80% of the value of the home's insurance.

Yes I have insurance on my Bernina, Longarm.

If you are going to quilt for other people, it's better to set up an LLC., collect the sales tax and send it in. 1) you can carry your own liability ins. This way if someone comes to our home & gets hurt they can't take the farm. Also all the equipment & customer quilts can be covered under it too. Just remember customer quilts can only be covered for the cost of fabrics in it, not the time and labor.

I listed mine on our insurance..its the most expensive thing in our house too..lol. It's covered at home and if I take it out..like for a service or lessons

I just gave a woman a quote for $25,000 of machines in FL with a $1000 ded it was $500. plus taxes and fees. While some insurance companies will let you add the machines to your homeowners you have to watch out that they don't have a limit on the coverage. It would be terrible to think your $16,000 machine was covered only to find out that your policy has a $2500 limit for any one item. Read your policies. Thx Insurance Gal

If you check to see what the coverage is for household goods, its a percentage of the house value. Start adding up how much you have in machines, fabrics, tools, etc. and you'll find out it pretty much takes the entire amount. I have at least $50,000 in just machines and we haven't even gotten to the fabrics. Also my sewing room is in the basement so glad someone mentioned there is a limit to basement damage and I've already had 2 leaks/floods down there from spring rains and a broken water pipe. Thank goodness no damage to my fabrics or machines.

Yes, I do have my Ruby insured!

I tried to get a separate policy on my long arm since it was in the basement of our last house. I was always afraid of water damage either from the upstairs or something downstairs. I couldn't get a separate one like you can for guns and jewelry. I don't think my agent is aware how expensive these things are although I did inform her of the cost.

I certainly would check into it especially if you have an expensive DSM or LAQ.

We upped our contents coverage to more then what it would take to replace everything brand new. It was cheaper then having additional coverage on separate items like tools, guns, jewelry, sewing machines etc. Everything we have is replaceable so I don't want a rider to cover one specific group of items. I want to know why I can buy a $40 printer at Walmart and can buy a buyer protection coverage for it but not for my expensive sewing machine?