You would only be able to deduct the portion of the insurance as a percent of your home that is used regularly and exclusively for your business. So, if you have a 2000 sq. ft. home and a home office that is 200sq.ft. you would only be able to deduct 10% of your fire insurance.
If no part of your home is used regularly and exclusively for business, then you would not be able to deduct any of your fire insurance.
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