I am buying a used JD4600 and a new trailer this week; this is my first tractor and it seems I have a new question every week. I'm wondering if I should get theft insurance? I have Progressive for my vehicles but I don't think they do tractors. Any thoughts?
I think we need a bit more information. I'll list some of the questions that come to mind:
1) Do you plan to use the tractor commercially (work it for pay)?
2) Do you plan to drive the tractor on the road, going from job to job?
3) If no to the above, are you planning to use it on anyone else's property?
4) Will you owe money on the tractor?
5) Will anyone else be operating your tractor? Will they be employees?
In my own case, my answer to all of the above questions is "No." I have paid my money, and now I am taking my chances. I have not purchased tractor insurance. If your answer to some of the above is "Yes," you may want to think about how much risk you want to take vs. the cost of insurance.
If you do some searching on TBN, you will find several threads with good discussion and information on insurance.
Enjoy your new tractor! I like my JD 4600.:thumbsup: