Post
Topic
Board Mining
Re: Insurance
by
mayo2u
on 12/12/2017, 21:38:18 UTC
Anyone have a property insurance policy for their home mining operation?

I have over $10,000 worth of mining equipment, with more on the way.

Trying to keep my costs down, every insurance company I have talk to say I need to get general liability insurance with property insurance, and that gets expensive.

Just trying to protect my self from theft/fire.

Most insurance companies are concerned about general liability. This is where they - and you - get burnt. If you own your home I'm surprised that your bank didn't stipulate that you needed general liability insurance. If you're a renter all you need is renter's insurance. It's relatively inexpensive.