Dealing on new equipment

[JOHNTHOMAS]

Yeah, the offsite thing is why I started using Inland Marine. Not pimping them in any way.

The Inland Marine was higher priced with much less coverage for me.

 

[Turbys_1700]

I think that typically most Farm Bureau insurance is an Inland Marine policy for tractors. In my case it was less expensive than the New Holland insurance. Again I do not know if the New Holland insurance is similar to Kubota or not. I assume that it is. Farm Credit financed the loan and did not require insurance. I find that hard to understand.

 

[MessickFarmEqu]

For the record, I just got off the phone with KTAC. They will only pay to repair a "blown" anything if its the result of accident damage. The below statement implies something a bit different. Their exclusion page specifically excludes mechanical or electrical breakdown.

"If one "blows up" the engine or hydraulics by not filling with fluids KTAC will fix but I don't think any other insurance will cover it unless one has the "stupid" rider added which would cost an incredible amount. Homeowners and riders offer basic loss coverage while KTAC covers almost any thing after deductible."

Correct. Its not a warranty, it pays for mistakes while warranty covers machine failures.

In my experience, customers are at fault for damage to machines far more often than the machines break themselves.

 

[ovrszd]

Correct. Its not a warranty, it pays for mistakes while warranty covers machine failures.

In my experience, customers are at fault for damage to machines far more often than the machines break themselves.

Well stated.