Insurance NH insurance?

[mathey]

Anyone familiar with the insurance New Holland credit offers? They've quoted me $650 for all 5 years of my loan as opposed to $190 for all 5 years on my regular farm policy...but NH says theirs has more inclusive coverage (tire repair, etc...) they almost describe it as an extended warranty...so i'm wondering if say the engine blows up or the axle breaks in half, will NH cover that under insurance? (the tractor is used and not under factory warranty)

help!

 

[AndyMA]

I've had the NH insurance on 3 different loans and never had it described that way to me. The paperwork I have doesn't describe it that way either. That said, when I have had tire or other problems I have never tried to collect. I've also paid for plenty of repairs while the insurance was in effect. I think you should call NH credit and ask them the questions directly.

Andy

 

[mathey]

the story is a guy was running a piece of new hollland equipment thru the field, hit a stump and broke it in half, $6500 in damage...filed a claim, got the thing fixed...