Tractor insurance- I'm not covered by homeowners...

[ultrarunner]

In general I've noticed a big uptick with insurance and service agreements that cross my desk.

Been able to beat most of the increases back or at least get a reduction.

Sometimes it is as simple as asking for options...

 

[Depmandog]

Sometimes it is as simple as asking for options...

Afraid not with KTAC. Flat rate times dollar amount of coverage.

And I was warned not to touch our Heath insurance. Seems like we are grandfathered in since we have had the same policy for 20 plus years. No Obamacare for me!!

 

[coobie]

In general I've noticed a big uptick with insurance and service agreements that cross my desk.

Been able to beat most of the increases back or at least get a reduction.

Sometimes it is as simple as asking for options...

I guess we ALL HAVE TO PAY for recent years Hurricane claims.Maybe I am wrong.

 

[Steppenwolfe]

With my insurance(Nationwide), my tractor is covered as long as it's on my property. If it leaves my property I have 0, zilch, nada coverage on the tractor.

Ditto here with Nationwide, as long as I use it on my property for personal use I am insured.

 

[cmcramer]

If I may...I'd like to bump this discussion of tractor insurance coverage....related to my soon to be delivered Kubota L2501DT and implements. My Allstate Agent says - in writing - that for non-business use, a loss occurring on my property
"is covered up to your policy limits for personal property which is $151,956" Good news, right? But, BUT!, my policy has the following clause "Limitations On Certain Personal Property: $10,000 Motorized land vehicles used solely for the service of the insured premises and not licensed for use on public roads." A tractor is a motorized land vehicle last time I checked. Least I thought it was....

I asked Agent specifically about this $10,000 Limitation on Motorized land vehicles, and he just said....no, I was covered for full replacement value. Don't worry.

Anyone have the same experience? Agent is a good guy, long time relationship, but I can read English....and I'm a born skeptic.

What do you make of this apparent conflict??

 

[paulfun9]

Your agent might be a good guy BUT your insurance company is all business! So unless the clause with the limitation on motorized vehicles is removed or specifically the tractor is listed as covered with no limitation I would not trust that it was insured.

 

[Looking4new]

Your insurance agent is a salesman. A salesman will tell you whatever you want to hear. I would go with what is written in the policy and also buy an Inland Marine policy just for the tractor. You still wont be covered off the property, but at least you know for sure it is insured for replacement value.

 

[pizzaguy]

As paulfun9 and Lookin4new have stated earlier, I would not trust your agent. If your agent can get it in writing from the company's under writer, then you MAY be OK. Anything other than that I would not trust and I'll bet they won't cover. I have the Kubota insurance which is very good. My other option was what they called a " Grounds Maintanance Coverage". I believe that is the same as others call it an inland marine policy.

 

[cmcramer]

I see what you mean, definitely, and I'm leaning toward buying more insurance just for the tractor/implements....... but read this excerpt from a San Francisco law firm's web site titled "Ten Things Your Insurance Company Will Not Tell You."

."If an insurance agent misrepresents the coverage being provided at the time the agent sells you your policy, the insurance company will have to honor the coverage representations made by their agent."

And I have an email from my agent that says I am 100% covered under Personal Property limits...

 

[grsthegreat]

My ins agent first told me mine would be covered also, but i had him dig deep and check. Turns out it wasnt. I had to get an inland marine policy to cover tractor and impliments.