Hobby Woodworking Shop - Casualty Insurance?

[Xiatteri]

I'm thinking about whether my homeowner's insurance policy adequately covers all the "stuff" that's out in my wood shop. I'm just a hobbyist - I don't sell anything (yet), so I'm not talking about liability insurance or any kind of business insurance that the professionals here have - but given that I've got a 40x40 building that cost €30k to build and upwards of €20k in tools inside (don't tell my wife), should I be concerned that my homeowner's insurance policy won't cover me adequately in case of a fire or theft? At present, I only have the "vanilla" homeowners policy that I had before I started down the woodworking rabbit hole...

Are there special riders or additional policy endorsements that I should be looking into? Given the specialty nature of the tools and equipment, how would you ever justify the amount of a claim in case of a total loss?

I suppose a call to my agent would answer a lot of these questions, but I hate calling a guy who sells widgets and asking him whether I need to buy more widgets... I'd much rather have a good idea what I do and don't need before I pick up the phone...

[betelgeuse]

I'm thinking about whether my homeowner's insurance policy adequately covers all the "stuff" that's out in my wood shop. I'm just a hobbyist - I don't sell anything (yet), so I'm not talking about liability insurance or any kind of business insurance that the professionals here have - but given that I've got a 40x40 building that cost €30k to build and upwards of €20k in tools inside (don't tell my wife), should I be concerned that my homeowner's insurance policy won't cover me adequately in case of a fire or theft? At present, I only have the "vanilla" homeowners policy that I had before I started down the woodworking rabbit hole...

Are there special riders or additional policy endorsements that I should be looking into? Given the specialty nature of the tools and equipment, how would you ever justify the amount of a claim in case of a total loss?

You need to read your policy and check. It's quite hard to comment without it. It's certainly possible that the terms only cover specified buildings.