State Farm seem a bit random with pricing, 15k cover for $187 vs 17k for $176
Clearly, because I'm paying $7.60 per $1K coverage, a much lower rate than either of the above.
yea this is fantastic. state farm locally will schedule equipment for about $9/1000 per year with full replacement. And that includes mysterious disappearance. I'm paying about the same as you are through "auto owners" but they are ticking me off with their pro-rated (not full replacement) policy. They cover 75% of the current replacement value, which means you are always chasing a moving target in terms of how much insurance to buy.
For business purpose the local state farm dude would write a standalone policy for $35/1000 per year, which includes $1M liability.
for those of us who are semi-pro, and use equipment for both personal and business purposes, the only gotcha for the homeowners schedule route might depend on the policy -- if the loss occurred while conducting business there would be no coverage, to be sure, and some policies may not even allow mixed usage.