Jared13, sorry this might be a bit late.
But there is a cyclist insurance company in the USA that is founded and operated by two mountain bikers.
I happen to know a bit about the bicycle insurance business too since I ride as well and have an bike that is insured with Velosurance.
Here is a couple words about home owners policy:
In lots of cases a bike likely will have some very limited coverage under your homeowners or renters policy, however, there are usually limits on the value of the bike and the types of losses that would not be covered, such as theft and damage away from the home. Most home insurance policies will not cover crashes or accidents, especially while racing, so if you wreck out on the road, in a race, or an organized ride you will be out of luck with the home insurance company.
When you file a bike claim against your homeowner’s policy, you risk having your rates increased or the policy cancelled. With a Velosurance cyclist policy you have the peace of mind and satisfaction knowing that your policy is built specifically for you and your bike, and claims will not affect your other insurance rates.