Home Insurance for Mining

[bdamenaakter]

For those of you out there that mine at home with a decent amount of equipment and you own your house, did you check with your home insurance provider about mining to let them know what you're doing? I want to mine in the room of a home that one of my relatives owns but he is concerned about the house insurance going up because of the risk of running the miners in the house, or that they would void his insurance if they somehow caught fire and burned the house down, and the fact that I would technically be running a business as a sole proprietor from the house.

Any input on this type of thing? Would be interesting to hear what your experiences have been!

[kamal420]

I was just doing some reading, and apparently it doesn't cover business equipment which is what miners would be considered if you're using them to turn a profit and not just for hobby, I think you may need more expensive insurance for them to be covered.

[mamun777]

I think renter's insurance is around $10 per month ... depending