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  1. #1
    Member
    Join Date
    May 2015
    Location
    Irrigon OR
    Posts
    363

    Hobby vs business?

    How does an insurance company deem your fishing gear a business expense and lessen the value of a claim based on this decision?

    I do not pro staff for anything dont advertise. Got luck and caught a 4.0 bass during a big bass bash for $500.

    My stuff was stolen from my garage not my boat and I made a claim on my renters I insurance for the stolen items. How could this be right? The reason for the question is between my graphs spare prop rods and reels that crap add up quick and they say they can only cover 20% of it due to it is business equipment
    SEAGUAR

  2.  
  3. Member
    Join Date
    Dec 2017
    Location
    Cato MO
    Posts
    2,551
    #2
    Did you file a Schedule C at some time due to a big Win?

  4. BBC SPONSOR
    Join Date
    Oct 2008
    Location
    Portland
    Posts
    785
    #3
    Give me a call and will explain. Bob Luellen 517-627-8080

  5. Member
    Join Date
    May 2015
    Location
    Irrigon OR
    Posts
    363
    #4
    Big win a whopping 500 during the big bass bash And 250 in a team event. Retirement here i come. Trying to stay positive
    SEAGUAR

  6. Member
    Join Date
    May 2015
    Location
    Irrigon OR
    Posts
    363
    #5
    Will do bob
    SEAGUAR