On insuring your art and workspace
Most of the time, renter’s, homeowner’s or condo owner’s insurance are for personal considerations, not commercial. Therefore, understanding whether or not your art is a hobby or a business is key to understanding whether or not you need any additional insurance policies for your art business. If it’s a hobby, then you may be covered. If it’s a business, then your current policy may exclude the kinds of coverage you need.
From Insure Your Artwork and Studio by Steve Yahn at Art Calendar.