As an Agent you should buy the most you can right now! (just kidding no flames please) Buy it only when you feel you need it and that's different for everybody.
As a builder I can tell you I have no builders insurance on my kit yet for the same reasons as Jim Robinette. I haven't got enough into it that I would be that upset (about the dollars anyway) but once I move on to the wings I will do it then.
Homeowners does not cover it or the liability if someone gets hurt from it so if your Agent tells you it is -- get it in writing!
I thought it was initially years ago and found out I was wrong. Luckily no homes or planes were hurt in that lesson, just my ego.
Hey Spike did you cut off my login? It didn't work today. Or are you kicking out us Insurance guys now
Be good guys and I hope it helps some.
Jim Pappas RV7A #70026
Jim Pappas Insurance Agency Inc
pappasinsurance.com