Tractor Insurance...cost

[MadReferee]

</font><font color="blue" class="small">( But these prices are for the cost of the tractor and damage to it only. It does not cover damage that you might cause to someone or something else, right? That is, it's not liability. Don't assume your other liability coverage includes tractor use. I probably doesn't -- though apparently some do.
)</font>

The Commercial Inland Marine policy covers certain damages that the tractor may do. For example it will cover the cost of cleanup after a diesel spill whether on or off your property. So I guess you could say it kind of like a "limited liability" coverage.

I would, however, never assume that the "limited" coverage is a substitute for full all peril liabilty coverage (if that is what you call the coverage?).

 

[psuedofarmer]

just picked up a policy through state farm. general liability was around $225 (tractor value was approximately 30k).

pf

 

[dmccarty]

Cliff_Johns,

I talked to my agent and my policy does not provide liability coverage. However since I'm not using the tractor as a buisness or as a farm my homeowners policy would provide liability coverage.

Later,
Dan

 

[dstacy]

Local Farm Bureau was $84 with a $250 deduct on a $20,000 tractor

 

[robb01]

we did a policy with state auto, it cost ~300 for a 35k tractor

 

[warhammer]

25 cents per $100 coverage.
~ $325 per year for building, liability, replacement cost on all listed equipment for the farm.

For those of you you have added extra coverage on your CUT, what are your yearly premiums. I'm going to be trailering to some of my undeveloped land and want the tractor covered for accidents and theft while on the road, away from home. I got one quote for $190 a year for a insured value of 16,000. I thought that was a little steep.

 

[firefighter9208]

Kubota M 4800 Tractor, Bushhog M346 Loader, Bushhog SQ720 Cutter, Grasshopper 223 Zero Turn Mower, Kawaski TransMule 4x4 Diesel.

Combined value: $40,500.00
Deductible: $500.00
Premium $235.00 a year
Alfa Insurance Machinery and Livestock Policy