Insurance Kubota Insurance Plan

mswlogo · Jun 29, 2009

I took advantage of the 0% Financing available right now.

When they were doing the contract they asked what do you have for insurance (including damage, not just fire and theft).

I was not sure what was covered and they wrote up contract without rolling it into monthly bill.

I'd have to provide proof of insurance if it was covered.

Well turns out as soft of expected Homeowners will not cover any damage on "Wheeled Vehicles".

So I had to sign up for Kubota insurance and must pay all 4 years up front. They will rebate difference if I pay off early.

So I asked how do I sign up and pay and they said wait for your first loan payment.

Well how do they enforce I buy it if they already gave me the loan?
They gonna take the tractor back if I don't buy it.
Seems a little loosy goosy.

I really prefer not have any except liability which I am covered for.

Any had to deal with this without it being rolled into the loan?

ttstraw · Jun 29, 2009

Yes, just did it and saved 50% or ~$16 per month on the payment. I called my insurance agent and asked, they knew exactly what I was talking about and $78 per year later I was set. They even faxed the needed paper work to the dealer for me.

TheFlatlander · Jun 29, 2009

My home owners covers my tractor, and sent info to Kubota dealer. There is one open issue that you will find is coverage when not at your property.

mswlogo · Jun 29, 2009

ttstraw said:
Yes, just did it and saved 50% or ~$16 per month on the payment. I called my insurance agent and asked, they knew exactly what I was talking about and $78 per year later I was set. They even faxed the needed paper work to the dealer for me.

It was $96 /year (on $13K tractor) through Kubota but it does cover off your property.

itsjustme · Jun 29, 2009

I had to back up and get insurance on my tractor too.

Homeowners insurance only covers it on your property.

Auto insurance also doesn't cover it on your trailer. It covers the trailer but not the contents.

To add it on my homeowners policy for off site use was $161. a year. Kubota was $78. a year. And I pay it annually, as a matter of fact its due in a few days.

ttstraw · Jun 29, 2009

Yeap that would make sense, the price depended on the value of the machine and I was told that it was covered no matter where it was. I can confirm that though.

BimmerRacer · Jun 29, 2009

My homeowners does cover it with no special rider additions, but I think it makes more sense to go with Kubota's coverage (in my case ~$90/yr). The deductible is less, the coverage is better and I don't have to take it in the shorts for the next 3 years if something does happen.

Doug in NNY · Jun 29, 2009

I bought a new BX2350 a year ago, getting Kubota's insurance six months later after I learned that my home owner's policy doesn't cover the unit while off my property. Though I have no commercial aspirations, I want to know that everything is covered whether at a neighbors place or in transit on a trailer.

I like the coverage and working with the Kubota insurance people was a breeze.

Doug

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Bx2350 w/rear hydraulics, fel w/Markham tooth bar, BushHog 48" tiller, and other stuff.

Gr333 · Jun 30, 2009

The insurance you folks are talking about from kubota, how do i contact them about getting coverage? Just bought b3200 tlb and would like to compare to homeowner cost.

Thanks