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Originally Posted by warcat
I'm leaning heavily towards buying a new Mahindra 3525 within the next month or so. Since I'll be financing, I figure it's just like buying a car or boat...the finance company will want it insured- Correct?
If so, then what will I be looking at paying? Who insures your 3525, and how much does it run?
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Warcat.
I financed through Agri Credit. They wanted around $25 a month for insurance for the $41,000 of equipment I bought. I had All State homeowners and auto insurance at the time. The were higher than Agri Credit. Then I went to Farm Burearu of Texas. They insured the equipment AND my 20 foot gooseneck trailer for only $11
a month, plus a $40 a year membership fee. They also undercut Allstates rates on my 2002 Ram 2500. Now I have my daughters 2003 Ram 1500 insured there as well.
hugs, Brandi