Tractor insurance.

[caver]

I believe you are referring to Inland Marine policy. It's sort of a hybrid policy that covers equipment that is portable but not licensed for road use. Lots of variations.
Forklifts, dozers, tractors, etc.

yes that is correct, Inland Marine, my mistake.

 

[STCL01]

What you need is called an Inland Marine policy. It will cover theft, fire, and damage during use. I have mine through Farm Bureau.

 

[crazyal]

I think most people don't read the fine print on their home owner's policy. When i asked I was told " as long as you don't use it to make money (aka a business) and it doesn't leave your property it's covered". Years later when I asked for details (which was like pulling teeth) I was amazed at what wasn't covered. I actually got into an argument with my agent and found a new agent over this and another issue. An inland marine policy can be pricey. Often they are set up assuming you are a business and your equipment is going to be used daily so it's at a higher risk than what it may really be at. A good agent will work to find you the correct policy while a bad one will just sell you something.

 

[bridge4]

I think most people don't read the fine print on their home owner's policy. When i asked I was told " as long as you don't use it to make money (aka a business) and it doesn't leave your property it's covered". Years later when I asked for details (which was like pulling teeth) I was amazed at what wasn't covered. I actually got into an argument with my agent and found a new agent over this and another issue. An inland marine policy can be pricey. Often they are set up assuming you are a business and your equipment is going to be used daily so it's at a higher risk than what it may really be at. A good agent will work to find you the correct policy while a bad one will just sell you something.

I am quoted 500 for the year, I asked what is and isn't covered and I was given a bunch of bull documents that doesn't answer ANYTHING I asked. Going back and forth with my guy via email so not too much of a hassle. But holy **** when I call and tell you I am buying things and I want them covered why wouldn't the guy sell me insurance that covers what I would be doing. Its more expensive, he would make more off of it....

 

[MoKelly]

My L4060 is insured on my homeowner's policy for fire, natural disaster, vandalism, and theft. Anything I do to it is not covered, and there is no coverage when off the property.

This is also my case exactly. Same with the ATV’s and zero turn.

MoKelly

 

[bridge4]

I added the inland marine. It will cover most anything but wear and tear and regular maintenance. It will cover off property as well, and as I've had it down to the neighbors and brothers before that is good to have.

 

[caver]

My inland marine policy is dirt cheap compared to other policies I have.

 

[JethroB]

I specifically asked my agent in an email: "If I accidentally drive it into the pond it's covered?" She said, in writing, "Yes." That told me a lot.
It is listed on the schedule of my farm policy with its own additional premium. Too many if, ands, or buts in the written 30 page policy for me to understand.

 

[MoKelly]

I specifically asked my agent in an email: "If I accidentally drive it into the pond it's covered?" She said, in writing, "Yes." .

Hopefully she didn’t mean to say yes it is covered - in water!

Sorry, I should refrain.

MoKelly

 

[fried1765]

Hopefully she didn稚 mean to say yes it is covered - in water!

Sorry, I should refrain.

MoKelly

Surely you jest......but...
After making a claim, the likely response would be...."of course it was covered in water...what did you think"?
I DO NOT TRUST MOST INSURANCE COMPANIES!

They just love to distort intent!
Perhaps better might be..... Is it covered for loss if I drive it in the water, on either sunny days, cloudy days, rainy days, snowy days, or at night?

 

[JethroB]

Hopefully she didn’t mean to say yes it is covered - in water!

Sorry, I should refrain.

MoKelly

You got me :drink: And hopefully I'm in the shallow end & upright.

 

[Doofy]

This Thread reminded me to actually find my policy and read it. I'm paying $500 per year and it's a rider on my homeowners policy and is for on my property only.

 

[oosik]

My tractor and all implements are covered under my homeowner's policy. Personal property - Schedule B. However - it DOES NOT cover tractor roll over. The house is not covered for roll over - neither is the tractor. My agent, just now, replied to my previous email.

 

[bridge4]

This Thread reminded me to actually find my policy and read it. I'm paying $500 per year and it's a rider on my homeowners policy and is for on my property only.

for 500 I can take my tractor anywhere I want now and do what I want with it and its covered. Signed up yesterday with an inland marine policy.

 

[buckeyefarmer]

Surely you jest......but...
?

And don’t call me shirley.


My tractor is on homeowners, one at my dads is inland marine.
My Polaris is on auto insurance.

 

[fried1765]

And don’t call me shirley.


My tractor is on homeowners, one at my dads is inland marine.
My Polaris is on auto insurance.

I'm sorry !!!

 

[DPS67]

Ktac will sell you insurance after paying off loan.

 

[masscity]

I paid cash for my Kubota and have had KTAC Ins on it from the day I bought it, 8 years now. Found out about KTAC on this forum.

I could insure my B7100 if I wanted to and I've had it for 43 years.

 

[Mad_River]

Mine's now through my USAA policy. It covers anything I do with it or to it, both on or off the property.

I thought this too, but upon calling USAA and specifically asking if they covered the tractor while I use it (running engine) they said homeowners only covers it during “storage” not during use. It is covered under USAA homeowners for things like barn fire, flood, or a tree falling on it. I needed full replacement value for my new John Deere so this wouldn’t work.

 

[JM7500]

Yesterday, I worked out a deal on a new Branson 4820R with loader, backhoe and attachments. Their financing company requires insurance. It will be on land we own but in a different state where we are moving to next year. My current home owners policy will not cover a tractor stored/used out of state. I'm not sure what I need. I talked to a company in the county where our land is, but they don't know if they can cover a tractor if I don't have home owners insurance with them. Not sure what to do now. Thoughts?