insuring my tractor

[smokeys427]

Well here I am as a newbie asking one of my first dumb questions. How do y'all insure your tractors?
I bought a new DS3510 and called my auto insurance and got the answer I thought I would is that they do not insure farm tractors. I previously had a Ford 8N so I never insured it because of the worth value wasn't that much but, now I need to somehow insure this one as it's not chump change to buy one especially since I paid cash for it
So, who do y'all use or what do y'all do to insure this DS3510? It's stored in my barn and not out in the elements unless of course it's being used. I don't plan on ever really taking it on the roads out here in the country either. So any idea's????????

 

[murphy1244]

Well here I am as a newbie asking one of my first dumb questions. How do y'all insure your tractors?
I bought a new DS3510 and called my auto insurance and got the answer I thought I would is that they do not insure farm tractors. I previously had a Ford 8N so I never insured it because of the worth value wasn't that much but, now I need to somehow insure this one as it's not chump change to buy one especially since I paid cash for it
So, who do y'all use or what do y'all do to insure this DS3510? It's stored in my barn and not out in the elements unless of course it's being used. I don't plan on ever really taking it on the roads out here in the country either. So any idea's????????

Mine is covered by house insurance. State Farm

 

[DK35vince]

My home owners does not cover the tractor.
I have mine on an Inland marine policy. (Erie insurance)

 

[k0ua]

http://www.tractorbynet.com/forums/owning-operating/287251-tractor-insurance-im-not-covered-5.html

Read this and see what you think. I am still with KTAC.

 

[Coyote machine]

Mine's on a rider on my homeowners policy, BUT only cover's me on my property. If I take it off the property there is no coverage.
If you plan to do anything off your own land, especially for $ you'll need a contractor's type of liability policy tied to your actual company.

 

[Parkanzky]

Mine is on a Personal Property Rider with State Farm. I got two quotes when I insured it. One that just covered it on the property and another if I wanted it insured anywhere. I went for the latter so that I could use it to help out neighbors or trailer it to friends' houses.

 

[blueriver]

Contact CNH Insurance .. Just google it .. Pretty darn reasonable like .. $9 per $1000 so a 20k policy is about $180 with $250 deductible

 

[smokeys427]

WOW! I called my homeowners and they said they it's covered it no problem with no additional money. But, ONLY if its for my use and on my property. If I take it off property it's not covered even if I have to transport it in for say for service or to fuel it.
Now, I called my auto insurance which my trailer is insured through (Geico) and said it will be covered BUT liability ONLY. That sure doesn't help my tractor though when it's being transported on my trailer that is covered with them. The strange thing is that cars being transported on my trailer WOULD be fully covered but NOT the tractor...Strange

 

[smokeys427]

Contact CNH Insurance .. Just google it .. Pretty darn reasonable like .. $9 per $1000 so a 20k policy is about $180 with $250 deductible

Blueriver, Is that off property also and also if it's on my trailer being trasported?

 

[Amvcane]

I was told by State Farm that the tractor was covered under my homeowners on my property only. It is considered a property maintenance tool like a lawn mower or snowblower. But if I was to say, run into a tree and break an axel that damage is not covered. I believe fire, theft and liability only.