In some instances, yes. If you aren't a commercial photographer, you may have some options. To be abundantly clear, if you accept any sort of compensation for any shooting services you perform–whether compensation was the intent or not–it will classify you as a commercial service. For the most part, this single distinguishing fact is what will determine whether or not your gear is covered.  Even if your home insurance policy covers your gear, you need to be clear on what it will and will not cover. For example, if you leave your camera bag in your car overnight only to find all your gear was stolen during the night, your equipment may not be covered. Similarly, any equipment listed on your policy is subject to the same damage policy your home is covered under. For example, in the case of a flood, if your home is not covered by flood damage, do not expect your equipment to be covered either.