CK30 Insurance Coverage

[Dodgeram]

Kinda OT, but Bluechip is dead on about the Homeowners Insurance Claims.
'Bout 2 years ago, we were shopping for a house in the country. Found one we liked and put a contract on it, settlement in Nov. Our insurance agent (20+ years) calls and tells us they "might not" be able to insure it. Seems the owners had made two claims against their insurance company, One for a leak at a roof valley (10K+) and one when the washer hose broke (3K).
She told us that most companies won't insure a house which has had a substantial claim in the past two years.
Fourtunately, the two year period ended in Oct. There was a contract on the property before, but the buyers couldn't get insurance.
Since then, I have re-activated my RE license, and have found that alot of companies are using this approach.
Welcome to the computer age, where your (or your houses) life history is only a keystroke away.
BTW, my homeowners insurance covers the replacement cost for the Tractor & implements (added about $100.00/yr to the premium).

[gmsssi]

My homeowners went up ~ $150 when I bought my DK, value of the unit needs to be conveyed to the agent!

[dieselsmoke1]

Originally Posted by VictorW

I found out the same thing when I purchased my CK30hst. But that coverage via my homeowners insurance is for when the tractor is stored at my home and used at my home. If you decide to trailer it for outside jobs, then the trailering and liability at some other location might not be covered.

Same here, and in my case I'm sure the agent knows the value as he provided the proof of insurance to MUSA.

I've trailered it, but not for hire, and gotten away with it so far. Last payment next month, time for me to bite the bullet and go the inland marine route.