Tractor Insurance

[LBrown59]

Everyone seems to worry about damage to their tractor but the real concern is your libilaty to others .

 

[johnrex62]

Everyone seems to worry about damage to their tractor but the real concern is your libilaty to others .

I recognize the concern over liability, but I do not diminish the need for personal property damage. They are both important and the the level of importance can only be determined by the circumstance of the situation. If a tree falls on my shed and demolishes it and my tractor, I could care less about liability in that instance. If someone was sitting on the tractor at the time, I care little about the property until the person is taken care of. They both have their place.

 

[Ford tractor]

Everyone seems to worry about damage to their tractor but the real concern is your libilaty to others .

Yeah, it's all about "me" -- pure human nature. :laughing:

I'm of the understanding that if you are towing the liability from the trailer / load causing damage in an accident is covered under the truck liability policy.

Yes ? no ?

(I'm specifically asking only about damage caused by trailer / tractor while being towed)

 

[TripleR]

Yeah, it's all about "me" -- pure human nature. :laughing:

I'm of the understanding that if you are towing the liability from the trailer / load causing damage in an accident is covered under the truck liability policy.

Yes ? no ?

(I'm specifically asking only about damage caused by trailer / tractor while being towed)

I checked and my policy does, don't know if all do, but they should.

 

[Don87]

Some policies do not cover towed vehicles, nor do they cover any vehicle, nor implement on said towed vehicle.
Look for the above highlighted words.

 

[Chilly807]

Mine was different about towed vehicles, I never asked about towing the tractor on a trailer, since I don't do that. I did have to insure my trailer to have coverage on it when behind the tractor, whereas an ordinary automotive policy covers the trailer when the car is towing it.

The trailer insurance was $20 or so, not worth debating.

Sean

 

[Mark @ Everlast]

I bet your local farm bureau insurance company will cover it under the homeowner policy.:thumbsup: If not, I am sure they have a program that will. Been with the GA farm bureau for around 15 years now. Great rates, home, auto, and now even life.

 

[Alpocat]

I bet your local farm bureau insurance company will cover it under the homeowner policy.:thumbsup: If not, I am sure they have a program that will. Been with the GA farm bureau for around 15 years now. Great rates, home, auto, and now even life.

That's how I have mine covered. I can't remember my rate right off hand but I to remember it being dirt cheap.

 

[BillBeyer]

Mine are covered by Farm Bureau but they would not do it on homeowners policy. Only full coverage on each tractor. I carry more insurance on the tractors than the trucks I drive. Liability only on the trucks, Full coverage on the tractors, said that was the only way they would write the policy because the tractors are housed in the barn at farm, not where I live. Funny thing is they would not insure the barn at first because it needed some work on it. Afraid I would burn it down. When I nsured the tractors they asked where I was going to keep them, I said in the barn. Then they insured the barn.

 

[harwill]

Interesting comments on insurance... Insurance companies seem to have more reasons NOT to do something than to do it! It's a catch 22 situation at best.
My TC40 is in a locked garage (on the 'farm') but Farm Bureau won't insure it because I don't live there. My city homeowners insurance will not add it on a rider because the farm house is not insured and won't insure the house because it's not in city limits!
Is there any place to get just basic perils coverage?

 

[KUBOTAGRL]

My homeowner's would not cover my RTV, so I did a little research and went with Kubota's KTAC insurance. It was cheaper than I could get it anywhere, and it covers everything.

 

[bigbull338]

my homeowners covered my new tractor.

 

[wvpolekat]

my homeowners covered my new tractor.

Mine won't cover anything with a motor.

 

[bigbull338]

well now i prolly have home owner/farm ins as i ins my hay as well.

 

[WM75Guy]

I have the new Texas Farm Bureau AgAdvantage policy. It covers everything, dwellings, personal property, loss of use, identity theft, liability ($1,000,000 aggregate, $500,000 per occurance), medical payments to others, chemical drift, animal collision, and recreational use of property Property includes my 14 acres, house, and barns. Contents are covered on and off property. All my tractors, trailers, and implements are covered with $500 deductible. Everything is itemized.

I also have my vehicle insurance with Texas Farm Bureau. The renewal notice I just received gave me a 5% claims free discount and a 15% companion policy discount (AgAdvantage).

 

[andrec999]

Hi,
You have to be careful about the type of insurance you purchase for your tractor.
The most important coverage is liability , I can live without my tractor if I loose it, it will be hard, cause I'm not rich,but if I get sued for bodily injury, I could lose everything ,if Im not insured.
Most of the tractor insurance you purchase with the dealer is for the machine, not liability.
Also the homeowner policy will cover small tractors like a lawn tractor, but not the farm tractors. There is also a limitation as far as amount and horsepower, it varies from one company to the other.
I went with a farm policy, that covers me properly for the tractor and the liability, it covers also all my land in case of accident and it is cheaper than one would think. Less than 250.$ year for 12,000.$ on the tractor and 1,000,000. liability.
My riding JD L145 tractor mower is covered under my homeowner.
The coverage on the farm policy is an ''all risks'' coverage.