Should I Cover My New Tractor..???

[curly]

A neighbor has a large unused barn, but I've only talked to them twice, the second time he told us we just ripped out his fence! I'd love to keep it there, and maybe pay him a monthly fee, but I was debating whether it's weird to ask such a thing when I don't really know him.

Mending fences...that's what neighbors is for right

Ask him...that'll get ya acquainted

 

[stevevdw]

I would put up a small pole barn first & then work on the house. You will have lots of stuff delivered for the unfinished house which you will want to protect/secure. You can also have your electric service run to the barn & trench underground to the house. Then you don't have the ugly overhead wires attached to the house. You're gonna want a barn eventually so why not just put it up now?

 

[SnowRidge]

I would put up a small pole barn first & then work on the house. You will have lots of stuff delivered for the unfinished house which you will want to protect/secure. You can also have your electric service run to the barn & trench underground to the house. Then you don't have the ugly overhead wires attached to the house. You're gonna want a barn eventually so why not just put it up now?

Pushing_Tin, that makes a lot of sense, especially considering you live in the Eugene area. You'd better hurry, though, if you want to keep that shiny new tractor dry. October 15th is almost here, and you probably won't see the sun again until mid June.

 

[N80]

I would put up a small pole barn first & then work on the house. You will have lots of stuff delivered for the unfinished house which you will want to protect/secure.

That's a good point.

As far as security, get good insurance. I used to do things like turning the fuel cut off to off, or leaving the PTO on (which prevents it from starting), etc. But my tractor stays too far out in the country for someone to drive off with it and if they are determined enough to bring a trailer and tear down my gate, then they are going to get it no matter what you do. So I've given up. I take the key out and keep it out of sight of the highway. And I have theft and vandalism insurance.

 

[Pushing_Tin]

Thanks for the input guys, what insurance group to you use? I have USAA and they want about $250 a year to cover the tractor, seems awfully high to me!

 

[SnowRidge]

Thanks for the input guys, what insurance group to you use? I have USAA and they want about $250 a year to cover the tractor, seems awfully high to me!

10% of value per annum for equipment loss on our farm policy here. Liability is included in the base farm policy. I didn't buy any loss coverage for the tractors. I'm self insured on them.

Homeowners insurance often covers non-commercial and non-farm tractors at no charge. Don't know about renters insurance though.

 

[N80]

Thanks for the input guys, what insurance group to you use? I have USAA and they want about $250 a year to cover the tractor, seems awfully high to me!

I have my homeowners (and auto) policy through USAA and they cover the tractor at no additional charge. This covers theft, fire, vandalism and natural disasters (but not flooding). It only covers the tractor for use on my property and does not cover it at all for damages occuring while towing the tractor. There may be some liability coverage but I'm not sure.

USAA would not provide coverage for any of the exceptions listed above at any price. I'm not sure what they are offering to cover for your additional $250, but I'm very curious to know. If they do provide towing coverage and coverage off of your property, in addition to the basic stuff, then $250 isn't bad. But they told me that outside of basic homeowner's coverage that they did not offer 'tractor' insurance. They offered no 'inland marine' coverage and acted like they did not know what it was.

 

[Hammy]

I would ask your neighbor about storing it in his barn. I live in a rural area and all of us around here are more then willing to help each other out. I'm sure it's no different where you live. If not the barn then I would most certainly cover it somehow.

 

[Harvey7]

Speak to the neighbour, after all you will be living next to him when the house is complete, he may let you store it if he has the space. At any rate use the chain, make it as difficult as possible for someone to take.

 

[scott_vt]

Afternoon Pushin_Tin,
Im on board with 3RRL and some of the others, I keep my Massey up at my Uncle Daves' barn when Im not around !Its only about 3/4 mi up the road. Of course I have to haul and split some firewood in rent return, but heck he has an unlimited beer supply !!! He even has a beer frig out in the barn !!! Id ask the neighbor, never be too proud son !

 

[Andy man]

Tin Man, it's a tool-keep it safe and clean, and it will take care of you. Don't baby it, after your first scratch/dent you'll be fine.

 

[RoyJackson]

Well, those tractors set out in the Dealer's lots for months, sometimes...so I wouldn't worry too much about leaving it outside...for the weather.
However, theft or vandalism is another matter.
As a temporary measure, consider renting or buying a shipping container (like you see on the back of tractor trailers occasionally). One of those would give you adequate room for your tractor and other tools.

 

[Pushing_Tin]

10% of value per annum for equipment loss on our farm policy here. Liability is included in the base farm policy. I didn't buy any loss coverage for the tractors. I'm self insured on them.

Homeowners insurance often covers non-commercial and non-farm tractors at no charge. Don't know about renters insurance though.

That's the problem, we sold our old house to build a new one, so we just have renter's insurance which doesn't cover the tractor.

 

[Pushing_Tin]

Afternoon Pushin_Tin,
Im on board with 3RRL and some of the others, I keep my Massey up at my Uncle Daves' barn when Im not around !Its only about 3/4 mi up the road. Of course I have to haul and split some firewood in rent return, but heck he has an unlimited beer supply !!! He even has a beer frig out in the barn !!! Id ask the neighbor, never be too proud son !

I've decided to ask him, but he wasn't around today so I just drove the tractor into the woods where it isn't visible.

 

[Pushing_Tin]

Well, those tractors set out in the Dealer's lots for months, sometimes...so I wouldn't worry too much about leaving it outside...for the weather.
However, theft or vandalism is another matter.
As a temporary measure, consider renting or buying a shipping container (like you see on the back of tractor trailers occasionally). One of those would give you adequate room for your tractor and other tools.

That's a pretty good idea, not sure where to find one of those or how much they are. Off to Google!

 

[Rara Avis]

I have my homeowners (and auto) policy through USAA and they cover the tractor at no additional charge. This covers theft, fire, vandalism and natural disasters (but not flooding). It only covers the tractor for use on my property and does not cover it at all for damages occuring while towing the tractor. There may be some liability coverage but I'm not sure.

USAA would not provide coverage for any of the exceptions listed above at any price. I'm not sure what they are offering to cover for your additional $250, but I'm very curious to know. If they do provide towing coverage and coverage off of your property, in addition to the basic stuff, then $250 isn't bad. But they told me that outside of basic homeowner's coverage that they did not offer 'tractor' insurance. They offered no 'inland marine' coverage and acted like they did not know what it was.

That's interesting, because USAA told me that my tractors were NOT covered...maybe it's because I've got a farm...so I switched my Barns, Tractors and Farm Equipment to Co-operative Insurance Companies

 

[Pushing_Tin]

I got the tractor insured today for $250 a year. Still seems really high considering that doesn't include liability coverage.

Here are some pics that we took yesterday of the the tractor being delivered and the land where the house will be built.

 

[RollTideRam]

If you financed your tractor through Deere, they offer affordable insurance. I'm paying about $110 year for my 3320. I bet it is alot easier to hide a Deere in the woods than any other color tractor. JC

 

[SnowRidge]

I got the tractor insured today for $250 a year. Still seems really high considering that doesn't include liability coverage.

Here are some pics that we took yesterday of the the tractor being delivered and the land where the house will be built.

If it was more 10% of the value, it is high.

Did you buy a box blade or rotary mower? You need something heavy on the rear to counterbalance the weight of a full FEL.

So, where is your property located in reference to Eugene?

 

[bx24d]

Just curious.....has anyone had condensation/moisture problems when using the temporary buildings (i.e. shelter logic)?