Insurance for tractors.

[prometheus303]

Want to find out if anybody has experience getting insurance tractor? One dealer says it'll be about $25 a month to ensure the tractor. But the tractor I'm interested the dealer does not provide insurance. So I'm looking for independent insurance agent that can insure my tractor. So I was looking for insurance companies that will insure tractors.

 

[oosik]

My tractor and implements are covered thru my homeowners policy. But only when used on my property. I never use "off property" so, for me, it's no problem.

 

[Diggin It]

What are you trying to insure it for, or against?

Basic fire, theft or loss due to storm damnage should be under your homeowner's or farm/property policies. You may have to declare it though as a separate line item. That should cover it on your own property.

Taking it off your property for other than transport to a dealer for service, or using it for business is another matter. Liability for damaging something during use of it is something else.

And none of that will cover mechanical issues or accidental/collision damage even if you run into a tree on your own property.

 

[dennis103]

I insure mine because I move it between properties. without looking it up somewhere near $600.00. I have to list every attachment that might be on it even though I can't have them all on it at the same time.

 

[Torvy]

I would start by discussing it with your agent for home and/or auto. We have an umbrella policy that was pretty cheap to cover the property and liability. Ours is also just on our land. No commercial usage. Transport MAY be covered by your auto insurance.

 

[jigs_n_fixtures]

My agent put mine as a separate policy, under the package which includes my house and auto policies.

She handles several companies, and being rural, does quite a few policies with farmers and implements. So, she has migrated to the companies that meet the rural needs. Grainge and Farm Bureau, mostly. But has Progressive for some things like my tiny truck which the others don’t like.

 

[prometheus303]

80% of the time it will be on my own property. I do have 1,500 feet unmaintained County Road. From time to time I'll do work on. But don't plan on any commercial work.

What are you trying to insure it for, or against?

Basic fire, theft or loss due to storm damnage should be under your homeowner's or farm/property policies. You may have to declare it though as a separate line item. That should cover it on your own property.

Taking it off your property for other than transport to a dealer for service, or using it for business is another matter. Liability for damaging something during use of it is something else.

And none of that will cover mechanical issues or accidental/collision damage even if you run into a tree on your own property.

 

[Rockbadchild]

Want to find out if anybody has experience getting insurance tractor? One dealer says it'll be about $25 a month to ensure the tractor. But the tractor I'm interested the dealer does not provide insurance. So I'm looking for independent insurance agent that can insure my tractor. So I was looking for insurance companies that will insure tractors.

My tractor is insured with my local insurance companies with all my other vehicle and house ... I only took fire and theft for the tractor.

 

[kneedeep]

Want to find out if anybody has experience getting insurance tractor? One dealer says it'll be about $25 a month to ensure the tractor. But the tractor I'm interested the dealer does not provide insurance. So I'm looking for independent insurance agent that can insure my tractor. So I was looking for insurance companies that will insure tractors.

Ask your agent for a Marine policy and give them tractor serial number, they should write a separate policy and send to finance co.

 

[jk96]

Tractor and skid steer are insured through American Family. Written separately from my homeowners similar to my auto policies with them. Covers use anywhere I go, liability, damage to other property etc.

 

[Aquamoose]

Tractor and skid steer are insured through American Family. Written separately from my homeowners similar to my auto policies with them. Covers use anywhere I go, liability, damage to other property etc.

How much does it cost you, if you don’t mind me asking.

 

[Oaktree]

I insure mine because I move it between properties. without looking it up somewhere near $600.00. I have to list every attachment that might be on it even though I can't have them all on it at the same time.

Is this something you use commercially? Seems like a lot if not, I don't pay that much for my 2 on-road vehicles combined.

 

[dennis103]

No, they asked if I did any thing for others (for pay) and i told them no just my own properties. I feel ripped off, but I can't find it any cheeper any where else. I insure 2 wheelers, 2 snowmobiles and a Spyder for about the same money as 1 tractor.

 

[grsthegreat]

mine is covered under my commercial business policy. It is covered by inland marine, and didnt increase my existing policy much…..probably 20-25 bucks per month. But i use my tractor off of my property. It covers trailering, all implements, theft, fire, everything. $250 deductible.

 

[jk96]

How much does it cost you, if you don’t mind me asking.

I'll see if I can get that for you tomorrow.

 

[Jims1025R]

My tractor insurance was an additional $40 per year (with my excavator being another $40 a year on top of that) as listed on my homeowner's policy. They were listed for a specified value. It was extremely wisely spent money when my shop burned last summer. It sure hurts to be picking up the burned remains of your favourite tractor and dropping it in the scrap bin. Knowing what you're getting for it, no quesitons asked helps a little. By agreeing to specified value, it means that when lost, that's what is paid out - no depreciation. I lost an uninsured airplane and 6x6 ATV which really stung, but overall the insurance company was excellent with me, and actually paid me more than I asked for, so brand new JD 1025R replacement tractor. I understand that tractors of more than 30HP are insured differently.

Either insure it, or be prepared to put on your big boy pants and walk away without a word if you lose it - I didn't expect to have a fire!

 

[JethroB]

Mine runs about 3% of actual (depreciated) value or $100/year for $30k of value and is scheduled on my farm policy. Theft, casualty, rollover, and liability on or off my property. Not for hire. $1000 deductible. Auto Owners Insurance.