Insurance Kubota Insurance

[DIXIEDOG]

Has anybody here made a claim on the Kubota insurance? How did it go?

I decided to buy a Kubota RTV 500 for playing around and I'm not sure if I want to use their insurance or not.

 

[IdahoTractor]

I'd check with your insurance agent to see if your RTV is already covered under your homeowners policy.

For instance, my homeowners insurance covers my tractor and any damage as long as the tractor was operating on my property. If something occurs off my property, then my homeowners policy covers property damages caused by the tractor but not the tractor itself. The coverage was part of my policy and was not an extra rider on the policy -- meaning my rate didn't increase after I purchased my tractor.

It'd be silly to purchase Kubota's insurance policy if you're already covered by your homeowners insurance.

 

[Builder]

I got insurance for my Kubota M 7040 thru John Deere. Amazingly inexpensive. Probably 1/5th the cost of Kubota ins.

 

[sw03]

I'd check with your insurance agent to see if your RTV is already covered under your homeowners policy.

For instance, my homeowners insurance covers my tractor and any damage as long as the tractor was operating on my property. If something occurs off my property, then my homeowners policy covers property damages caused by the tractor but not the tractor itself. The coverage was part of my policy and was not an extra rider on the policy -- meaning my rate didn't increase after I purchased my tractor.

It'd be silly to purchase Kubota's insurance policy if you're already covered by your homeowners insurance.

Up in MA, you cannot put a tractor on your home policy (aka a rider)...I know I did at one time and not know.

 

[IdahoTractor]

Up in MA, you cannot put a tractor on your home policy (aka a rider)...I know I did at one time and not know.

Are you suggesting that Massachusetts has a law stating that a tractor cannot be on homeowners policy? Are you sure?

Whether the tractor is covered or not under homeowners insurance is based on the insurer and not by laws. Some insurers will automatically cover a tractor without a rider (Safeco does). I suspect all insurers that don't automatically cover a tractor will cover one with a rider.

 

[IdahoTractor]

See this related thread.....

http://www.tractorbynet.com/forums/related-topics/2792-tractor-insurance.html

 

[BotaBX24er]

I went ahead and got KTAC insurance even though I knew that my homeowners policy covered the tractor. The part that the HO insurance doesn't cover is damage to the engine or other parts of the tractor. I made a claim for the my hydro fan being taken out by a twig and it was covered. The claim process was very easy and they allowed me to use a dealer of my choice.

The other reason that I got KTAC was because it covers the tractor while trailering or if it gets damaged off my property while doing side work for others.

 

[David_Kb7uns]

In Oregon the home owners insurance would not cover upset and some other damages without a seperate rider. If you finance through Kubota this coverage is required. The rider was as expensive as an automobile. Got Agri Insurance and it was alot cheaper.

David Kb7uns

 

[sw03]

Are you suggesting that Massachusetts has a law stating that a tractor cannot be on homeowners policy? Are you sure?

Whether the tractor is covered or not under homeowners insurance is based on the insurer and not by laws. Some insurers will automatically cover a tractor without a rider (Safeco does). I suspect all insurers that don't automatically cover a tractor will cover one with a rider.

Um, Not sure.... just know what I went through.......Problem is most are missing is what defines a tractor. Most think a Home depot unit...I have Safero (funny) in another state and they are cheap for that state. Up here a rip off.

 

[crbr]

I went ahead and got KTAC insurance even though I knew that my homeowners policy covered the tractor. The part that the HO insurance doesn't cover is damage to the engine or other parts of the tractor. I made a claim for the my hydro fan being taken out by a twig and it was covered. The claim process was very easy and they allowed me to use a dealer of my choice.

The other reason that I got KTAC was because it covers the tractor while trailering or if it gets damaged off my property while doing side work for others.

Exactly. I too did the same thing. All for precisely $120 per year, full coverage, anywhere, anytime, in writing from Kubota.