MossRoad
Super Moderator
- Joined
- Aug 31, 2001
- Messages
- 66,131
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
Ours is just part of our homeowners policy. It never leaves the property, unless it's being trailered to our other property. We do no commercial work with it. When I was volunteering with it at the Little League and Church, their insurance covered liability.
Is your's going to be doing commercial work or leaving your property?
Is your's going to be doing commercial work or leaving your property?
Lineman North Florida
Elite Member
- Joined
- May 12, 2008
- Messages
- 2,771
- Location
- LaCrosse Florida
- Tractor
- Farmtrac 360 DTC with FEL & John Deere 5093E with FEL ,Kubota SVL 75-2
I don't know what state your in but Farm Bureau is in most states and in my case no one else even comes close to the coverage for the money.
kneedeep
Veteran Member
Check with your insurance agent for a Marine policy on the tractor for what is owed on it.
Our homeowners doesn't cover a compact tractor. It only covers a riding mower.
A compact tractor is considered farm equipment and requires a separate policy.
It was delivered today! Very happy with the pricing, I got it for less than what I estimated a Summit would be with a box blade and grapple.
A compact tractor is considered farm equipment and requires a separate policy.
It was delivered today! Very happy with the pricing, I got it for less than what I estimated a Summit would be with a box blade and grapple.
Attachments
ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 29,023
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
My agent says if it has a belly mower and used on property and not for hire it’s covered…
Didn’t do me any good because no mower.
Didn’t do me any good because no mower.
kneedeep
Veteran Member
Most insurance companies sell Marine Ins for tractors and boats.
Ask them, if not, buy it elsewhere.
The lender is requiring it. I had mine in place prior to closing the loan when I bought the 8560.
Ask them, if not, buy it elsewhere.
The lender is requiring it. I had mine in place prior to closing the loan when I bought the 8560.
CaptPat
Silver Member
In my area Farm Bureau is the only company that offers it, and then only if you have homeowners with them.
Well, I ended up going with Progressive for now. Bundled with the house and vehicles.
The agent originally said they don't cover compact tractors, until I sent him a screenshot of their website.
I don't have a need for a belly mower, so separate policy it is.
Grandkids are loving it!
I don't have a need for a belly mower, so separate policy it is.
Grandkids are loving it!
When I bought my tractor and went to finance it the cost for insurance was $27 a month for 72 months.
I checked around and found most company's don't insure tractors my home insurance would not cover it so I just paid cash and have no insurance on the tractor.
Other than fire what can happen to total a tractor.
I checked around and found most company's don't insure tractors my home insurance would not cover it so I just paid cash and have no insurance on the tractor.
Other than fire what can happen to total a tractor.
Last edited:
lman
Elite Member
- Joined
- Oct 3, 2009
- Messages
- 3,350
- Location
- Indiana
- Tractor
- New Holland 3040, New Holland 1530, Oliver 1850
When we bought our place 28 years ago, the Insurance agent told us that we needed farm insurance instead of homeowners insurance. Of course we had livestock and farm buildings along with tractors and equipment. I don't know how it works if you live in a subdivision.
JeepHead
Veteran Member
- Joined
- Jul 13, 2023
- Messages
- 1,410
- Location
- The hills of Southern Indiana
- Tractor
- Kubota 2502H, HSI Pinnacle grapple, LP 48" forks, LP 60" BB, KK tiller 60", KK middle buster, Pat's QH
I use Farm Bureau on my new Kubota and costs me $170 a year.
Torvy
Super Member
This advice keeps popping up, but marine policies are only for transport/storage. They make sense for people who need to haul equipment.
www.nerdwallet.com/article/small-business/inland-marine-insurance
RogerDL
Member
- Joined
- Dec 8, 2020
- Messages
- 47
- Location
- Albert Lea & Sandstone Minnesota
- Tractor
- Yanmar SA424, 1935 John Deere unstyled A, Kubota K008-3 micro excavator
Auto Owners wrote mine for $39.53 per year on my Yanmar 424, and $32.12 per year on my little Kubota excavator. They show both as "garden tractor class".
ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 29,023
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
My BX is also listed as a garden tractor... all the agent needed to verify was HP and that I mow with it.
lincmercguy
Silver Member
I have State Farm. The home policy covers a certain amount of equipment used to maintain the property. When my 5105 burned, it was part of that policy. Just talk to your agent with a rough value of what all of your equipment is worth. It doesn't cover anything off of my property though.
For my 5055E, I have a personal articles policy that is pretty reasonable. It also covers it off of the property, which I requested. It won't cover for commercial work, but if I'm brush hogging for my neighbor or helping them move something, it's covered.
For my 5055E, I have a personal articles policy that is pretty reasonable. It also covers it off of the property, which I requested. It won't cover for commercial work, but if I'm brush hogging for my neighbor or helping them move something, it's covered.
lincmercguy
Silver Member
Beaver Cove Deere
Gold Member
Vermont Mutual covers my tractor as part of coverage.
It’s not for hire and only used on my personal property.
That said the first agent at my former agency said no. I bitched and read him the policy line. He stuck his feet in the mud and wouldn’t budge.
Called my agent here in Maine and had no issues. She double checked with the underwriter and ‘yup’ it’s covered.
It’s not for hire and only used on my personal property.
That said the first agent at my former agency said no. I bitched and read him the policy line. He stuck his feet in the mud and wouldn’t budge.
Called my agent here in Maine and had no issues. She double checked with the underwriter and ‘yup’ it’s covered.
