Insurance Recommendations for insuraance

[bwalley]

If you have a secure place to store your tractor at your house like in a shop or barn I wonder if insurance is even necessary. If I kept it at a remote farm where no one lived, or outside I would probably insure. For me the odds of something happening to it are so low I don't insure mine. Not against insurance at all I spend over 10k a year on insurance for various things like equipment that gets taken to and left at job sites and such but I don't worry about my tractor.

The insurance covers roll over, damage from a tree falling on it, theft, vandalism etc. My bank requires insurance coverage.

 

[jaydee325]

I'm in Michigan.

Discuss a special pearls policy with your agent.

I had several items scheduled on my home owners policy and a special pearls policy saved me a lot. Even covered my tractor off property. Your deducible is up to you to determine. Higher deductibles are lower cost (obviously).

 

[bdog]

The insurance covers roll over, damage from a tree falling on it, theft, vandalism etc. My bank requires insurance coverage.

Yes if you owe money on it you have no choice.