My larger John Deere tractor and excavator were insured for loss. My two ATVs, two airplanes, smaller John Deere, and Honda riding mower were not insured. When my hangar burned to the ground last summer, with the tractors, an airplane and ATV inside, I was sure happy that I'd insured the tractor! And, the insurance company was good enough to cover the smaller John Deere for loss under my house policy.
I'm not planning to have another fire, but then I wasn't planning to have that one either. Everything is insured now!