Trouble finding insurance for tractor

[fried1765]

KTAC, according to their website offers coverage in all 50 states. If they can offer coverage, why couldn't any other company?

I think the OP is receiving reinforcement of the original bad information.

 

[sixdogs]

I'm confused. We had Inland Marine as individuals and then later as a farm. We've had it both ways.

 

[Torvy]

You are in OH, not CT. It is possible they don't offer it that way in CT.

 

[Frogknot]

My homeowner's insurance agent has been exceptionally slow to respond to my inquiries so I have been looking for another company to provide a standalone quote for my new tractor.
I have connected with the major companies with no luck. I am in NC if that helps.
I am not a business owner, it is just a hobby tractor.
Any ideas are greatly appreciated.

Here in Texas we have the Texas Farm Bureau but I don’t know if NC has anything like that but if you do they might be able to help you. My insurance for my new tractor cost 50.00 a year and that covers it for anything that happens to it. I hope this helps

 

[K5lwq]

But is very possible they do. Most likely the agent that stated this did not know the inquiry was about ag tractors but was thinking over the road tractor.

Farm Bureau will get the OP coverage I am sure.

 

[Torvy]

Check out the CT Farm Bureau website. It looks like Nationwide underwrites their insurance, not Inland Marine.

A quick search of the internet shows that at least some insurers consider it only a business policy. All state has a detailed explanation. The concept for inland marine insurance is for land transport via truck or train (typically). Other insurers consider a lot of non-standard policies in the 'inland marine' category.

Then, there is this...remember the Farm Bureau is really an advocacy group like the NRA, that contracts out for insurance.

Farm Bureau Auto Insurance Review 2025: Pros and Cons - NerdWallet

A comprehensive look at Farm Bureau insurance, including rates and discounts.

www.nerdwallet.com

 

[K5lwq]

Torvy, the OP who I recommended Farm Bureau to in my last post is in NC. FB writes Inland Marine policies there.

In CT, you can get coverage for your tractor as well. Maybe even through FB, but certainly from Inland Marine.

Bottom line, I person without a business can get insurance for their tractor in all 50 states from some company. Price and rules will differ state to state. Good luck.

Inland Marine Insurance Agency Connecticut | The Lyman Agency, LLC

The Lyman Insurance Agency is located in Middlefield, CT. Fill out our contact form to learn more about our inland marine insurance policies.

lymaninsure.com

 

[Torvy]

Torvy, the OP who I recommended Farm Bureau to in my last post is in NC. FB writes Inland Marine policies there.

In CT, you can get coverage for your tractor as well. Maybe even through FB, but certainly from Inland Marine.

Bottom line, I person without a business can get insurance for their tractor in all 50 states from some company. Price and rules will differ state to state. Good luck.

Inland Marine Insurance Agency Connecticut | The Lyman Agency, LLC

The Lyman Insurance Agency is located in Middlefield, CT. Fill out our contact form to learn more about our inland marine insurance policies.

lymaninsure.com

Boylerman is in CT and said he could not get that type of insurance without business. You told him his agent was wrong. The fact is, from what I can find online, you are wrong. I have not found a CT agency that offers inland marine policies for individuals. My original point was basically to stop jumping to conclusions based on how insurance works in your state.

While I agree there is probably a way for someone in some agency to write a personal inland marine or other farm coverage policy, the link you supplied does that only as a business.

Inland Marine is a type of insurance, not an insurance provider. It would be like saying '...but certainly from auto insurance.'. Financial services are sometimes very confusing. I am not trying to be a jerk, here, I just don't want a bunch of people yelling at or dropping their insurance agent because they don't have the whole picture.

 

[fried1765]

You are in OH, not CT. It is possible they don't offer it that way in CT.

It is certainly "possible", but not likely.
The Northeastern states are frequently very similar with regulations.
I have had Inland Marine coverage in Massachusetts, and know that it is available in Maine as well.
Connecticut is different?
I doubt it!

 

[BoylermanCT]

My Allstate agent is checking with an insurance broker she knows to see if she can get me an inland marine policy as an individual, not associated with a business. Allstate won't sell it to individuals, only businesses.

Just curious, how much should coverage be? My tractor is worth maybe $10K or so. I mainly want to be covered as I trailer it from place to place. Worried about an accident wrecking the tractor.

Just added insurance for my 2 trailers. Just bought a 20' 14K equipment trailer, and want it covered in case of theft. Was less than $80 a year. My older 6x10 trailer was $50 a year.

 

[fried1765]

My Allstate agent is checking with an insurance broker she knows to see if she can get me an inland marine policy as an individual, not associated with a business. Allstate won't sell it to individuals, only businesses.

Just curious, how much should coverage be? My tractor is worth maybe $10K or so. I mainly want to be covered as I trailer it from place to place. Worried about an accident wrecking the tractor.

Just added insurance for my 2 trailers. Just bought a 20' 14K equipment trailer, and want it covered in case of theft. Was less than $80 a year. My older 6x10 trailer was $50 a year.

2 years ago, I had Inland Marine coverage in MA, for my 32K valued L48TLB, on a $4,500 valued trailer, for $500 per year.
I no longer need trailering coverage, so my USAA policy covers my machine , which now stays only on my property.

 

[kthompson]

I have a farm general liability with my tractors listed for liability coverage only. The one I would hate to have to replace from my wallet has full coverage on it. I had a pickup break the law passing me in a NO PASSING zone but I was declared the guilty party for he began making his illegal pass before I began my left turn. Attorney friend told me in jury case would win but this was a neighbor who would have bashed me all over the neighborhood and my insurance company just wrote a check.

But to the question on where to find coverage: First there are many many many threads on this topic here. It gets asked my guess about four times a year. The price of some of these plans is so low the agency who can sell them will if not a current insured or buying other coverage. They may make $25 for the year and spend a couple of hours in the process. That is a money looser right off. So first talk with who ever you have other coverage with. There often is a company such as Farm Bureau and Tractor Time With Tim (youtube and facebook) has a company who does so in a few states as sponsor (not sure their exact name). But and this is a big BUT, the Kubota and JD coverage is a more complete coverage the last I compared them to the typical insurance companies. It has been asked already what coverage are you wanting...you first need to know having a tractor insured only means it is insured for ONE or a Certain potential loss. If you have it on the road or you owe on it or you will be doing work for hire having it covered for fire or theft only can certain place you in a great risk. Having a $25,000 burn or stolen is nothing compared to damaging buried lines you were not aware of or failed to have 811 search for, it is nothing compared to an accident of even one $80,000 pickup or someone being injuried or killed. I am not aware of any state or federal rules making insurance on a tractor standard in design as auto or home is.

 

[BoylermanCT]

My agent contacted an independent insurance broker and he found an inland marine policy for $500. Too expensive for the 1-2 times a year I take my tractor off property. He did say we may be able to add a rider to our home policy to cover the tractor when it goes off property and he thought that should be $75-$100. We'll see.

 

[K5lwq]

My agent contacted an independent insurance broker and he found an inland marine policy for $500. Too expensive for the 1-2 times a year I take my tractor off property. He did say we may be able to add a rider to our home policy to cover the tractor when it goes off property and he thought that should be $75-$100. We'll see.

Thank you for the update. Yes I think that is too much as well. I have two tractors, my trailer, and my implements on my Inland Marine Policy and it is $250 a year.

But at least we now know a individual without a business can in fact get a Inland Marine policy in CT.