Kioti Insurance

[comancheflight]

My tractor is covered by my homeowners policy with the usual limitations.
I noticed there is an insurance company that specifically insures Kubota and everyone speaks highly of them and they cover a lot of circumstances.
Do we have so something like that for our Kiotis ?

 

[Coyote machine]

No. Not that I've ever heard of. That insurance is mostly for those financing through Kubota's own finance branch/ affiliate.

 

[comancheflight]

reading the forums they insure any Kubota tractor. New or used and everyone claims great coverage and price.

 

[k0ua]

reading the forums they insure any Kubota tractor. New or used and everyone claims great coverage and price.

I talked them into insuring my Kioti. They said because I was a former loyal Kubota owner and had their insurance they would insure my Kioti, so I took out the policy.

 

[murphy1244]

I talked them into insuring my Kioti. They said because I was a former loyal Kubota owner and had their insurance they would insure my Kioti, so I took out the policy.

You are lucky, I tried but I'm not a former owner as my 10 days did not count. What was the cost of that James?

 

[TJP89]

Nothing specifically for Kioti, but my homeowners will cover really anything with the tractor, as long as it's on the property. As I don't really ever take it off the property, no issues there. Not sure what the deal is if I transported it, but since I currently don't have a trailer big enough to do that, not an issue either.

 

[k0ua]

You are lucky, I tried but I'm not a former owner as my 10 days did not count. What was the cost of that James?

I am not sure Murph, the wife pays all the bills.

 

[murphy1244]

I am not sure Murph, the wife pays all the bills.

I guess it don't matter as I can't get it anywho. Would be good to have as they have some great coverage I've read.

One never knows when one decides to give the tractor a bath in the pond.

 

[Threepoint]

Nothing specifically for Kioti, but my homeowners will cover really anything with the tractor, as long as it's on the property. As I don't really ever take it off the property, no issues there. Not sure what the deal is if I transported it, but since I currently don't have a trailer big enough to do that, not an issue either.

Tony, yours sounds like an unusual homeowner's policy. You might want to double-check with your agent, or customer service, about some specific scenarios that ordinarily are not covered by such policies. Don't know what your property or policy is like, so none of this might apply to you, but here are some examples:

1. You are driving your tractor on your property and back into a hidden stump, or low retaining wall, or over a snow-covered rocky outcropping. It severely damages your link arms and lift arms, or tears up your transmission or transfer case. Are you covered?

2. You are pushing snow on your property and you slide over an embankment and overturn.

3. You are moving a large pile of No. 3 construction stone. You scoop a full load, then curl and lift the bucket at the same time you are backing up, looking over your shoulder. The bucket raises to full height while you're distracted, dumping half the load on your tractor, destroying the hood.

4. You are mowing the dam of your pond and earth breaks away, dumping the tractor into the water.

5. A pizza delivery truck gets stuck in the mud and, good sport that you are, you try to pull it out with your tractor so the driver won't have to call a tow truck. The strap/cable/chain breaks loose and the truck slides into (pick one): (a) that pond, (b) a Mercedes owned by a member of your wife's book club, (c) a neighbor's curious youngster standing where he shouldn't have been.

6. You are plowing snow at night at the head of your driveway abutting the county road. As you turn, your new, super-bright LED off-road light bar blinds an oncoming driver momentarily. She brakes, spins out and goes into the ditch in her $50,000 SUV.

These scenarios all occur while your are on your property, but they also involve operating a motorized vehicle. Unless you have a farm policy, or an inland marine policy with casualty and liability coverage that specifically lists your tractor, you may not be covered for the losses and liability. Plus, if you have a separate umbrella liability policy, that may not cover you either, for the same reason. Equally frustrating is that some companies that offer homeowner's coverage don't offer a farm policy or inland marine coverage, or, if they do in some areas of the country, may not where we live. FWIW.




.

 

[k0ua]

Tony, yours sounds like an unusual homeowner's policy. You might want to double-check with your agent, or customer service, about some specific scenarios that ordinarily are not covered by such policies. Don't know what your property or policy is like, so none of this might apply to you, but here are some examples:

1. You are driving your tractor on your property and back into a hidden stump, or low retaining wall, or over a snow-covered rocky outcropping. It severely damages your link arms and lift arms, or tears up your transmission or transfer case. Are you covered?

2. You are pushing snow on your property and you slide over an embankment and overturn.

3. You are moving a large pile of No. 3 construction stone. You scoop a full load, then curl and lift the bucket at the same time you are backing up, looking over your shoulder. The bucket raises to full height while you're distracted, dumping half the load on your tractor, destroying the hood.

4. You are mowing the dam of your pond and earth breaks away, dumping the tractor into the water.

5. A pizza delivery truck gets stuck in the mud and, good sport that you are, you try to pull it out with your tractor so the driver won't have to call a tow truck. The strap/cable/chain breaks loose and the truck slides into (pick one): (a) that pond, (b) a Mercedes owned by a member of your wife's book club, (c) a neighbor's curious youngster standing where he shouldn't have been.

6. You are plowing snow at night at the head of your driveway abutting the county road. As you turn, your new, super-bright LED off-road light bar blinds an oncoming driver momentarily. She brakes, spins out and goes into the ditch in her $50,000 SUV.

These scenarios all occur while your are on your property, but they also involve operating a motorized vehicle. Unless you have a farm policy, or an inland marine policy with casualty and liability coverage that specifically lists your tractor, you may not be covered for the losses and liability. Plus, if you have a separate umbrella liability policy, that may not cover you either, for the same reason. Equally frustrating is that some companies that offer homeowner's coverage don't offer a farm policy or inland marine coverage, or, if they do in some areas of the country, may not where we live. FWIW.




.

I can't discount any of your scenarios, they could all happen, but I will say you have a darn good imagination.

 

[TJP89]

I can't discount any of your scenarios, they could all happen, but I will say you have a darn good imagination.

I agree, how did you think of those?

Now, I'd have to double check, but I think the homeowners covers the liability issue (my property, non farm use). damage to the tractor through my fault, I have to check, really not sure. However, I was really concerned with theft and fire etc, maybe a little with liability (there is no one around me), self inflicted wounds never really occurred to me, are you saying that the Kubota would cover some idiot tipping his tractor into a pond or blowing up the gearbox through a failure to clutch? Also, most damage would be under the deductible, so I'd pay for it anyway, but a complete loss might be covered. I'll have to read the fine print and talk to the agent.

 

[Coyote machine]

But what if a deer was blinded by the bright LED floods on your tractor and jumped through the moon roof of the only $50K?! SUV driven by the little old lady with a pacemaker, who then spins out and lands upside down on your pond?

Would you:

1. drive over and pull her SUV to the pondside and give her mouth to mouth, and jump start her pacemaker with your jumper cables?

2. Call AAA?

3. Go inside and turn off all the lights?

 

[Threepoint]

But what if a deer was blinded by the bright LED floods on your tractor and jumped through the moon roof of the only $50K?! SUV driven by the little old lady with a pacemaker, who then spins out and lands upside down on your pond?

Would you:

1. drive over and pull her SUV to the pondside and give her mouth to mouth, and jump start her pacemaker with your jumper cables?

2. Call AAA?

3. Go inside and turn off all the lights?

All of the above! And once the lights were off, I'd get back on the phone and lawyer up! :laughing:

 

[Threepoint]

I agree, how did you think of those?
[snip]
.

I'm pretty risk-adverse when it comes to anticipating what can go wrong just when I think I'm doing everything right.

I actually asked about some of those scenarios last year right after I got my NX4510 just to get a better understanding of the scope of homeowner's coverage available here in No. VA even when I didn't venture off my property with the tractor. I was stunned at the answers from two well-respected carriers. Tractor catches fire in the barn or garage? No problem, it's covered. Tree falls on it while it's parked in the paddock? Covered. Serious fueling accident while it's parked? Probably covered.

By contrast, if I'm operating it, things change quickly.

Now, getting an inland marine policy with liability and all-peril coverage is no problem, for about $1,000/yr around here, and it would also cover non-commercial operation off my property, e.g., if I'm plowing snow as a favor for a neighbor and I back my rear blade into his $100,000 RV, or driving down the county road to fuel up at the gas station and I cause an accident, or trailering the tractor to the dealer. In the trailering example, the tow-vehicle's insurance would typically cover third-party liability, but collision and comprehensive insurance would likely not extend to damage to the tractor itself.

I was also surprised to learn that a carrier who will write a certain type of policy in some parts of the country will not in others, even though it writes other types of policies there. And of course premiums for the same coverage can vary wildly based on location.

 

[Coyote machine]

All of the above! And once the lights were off, I'd get back on the phone and lawyer up! :laughing:

Sorry, I forgot, the car took out the cell tower, and hit the telephone pole too, on the way to the pond. No way to reach a lawyer, sorry.:confused3:

 

[MinnesotaEric]

Thanks to a tip here on TBN last year, I have an inland marine policy through CNH on my equipment.

Call Karla at the number on this web site https://www.cnhindustrialcapital.com/en_us/our-solutions/insurance/physical-damage-insurance

And ask if a UofM diploma displayed on her dashboard allows Minnesotans to park in handicap spaces in Wisconsin?

 

[smokeys427]

I'm like Tony, my tractor is covered by my home owners insurance just so long it stays on my property. Once I take it off my property all bets are off and I'm on my own. This includes loading it on my trailer to transport it anywhere. I thought my auto coverage would cover it but they say they will cover the trailer but not what loaded on it.

 

[Looking4new]

I have an Inland Marine policy through State Farm, it covers the tractor for 1.5 miles from the house. Mainly because I told the agent that I drove it to town to put fuel in it. Price $468.oo/year CDN