Tree falls on Tractor will Homeowners insurance cover it?

[BeeferMan]

I may be stating the obvious here, but that looks to be a dead tree - never trust a dead tree to fall where you think it will - they do not hinge, they snap! Keep all equipment and people well away!

 

[Ford tractor]

Wow. Very sorry to see that. Considering factory parts prices and dealer labor costs these days (lots of labor hours there), I'd bet you could easily double or even triple that $2500 guess. Depending on its model year/current value in the tractor blue book, it might get totaled and bought from you for blue book value by the insurance company. Don't know if that would make you happy or not. Good luck with it, and I'd not recommend bringing up 'fault' if I were you. It was just a scary accident and you're happy you're not in the hospital or worse. Felling a tree, wind shifted and gusted, etc. etc.

Yeah, parts may run up to $3500 or a bit more and labor may run as high as 3-4000. Depends on the shop rate. Looks like about 40 hours of labor there.

The support parts for the steering column, dash, electronics, etc etc etc will hall have to be replaced. So will the control and support for the hydraulics, hopefully the valve is good. Those are SPENDY from K.


Guess it's too late to remind you to always position your stuff 1.5x farther away from the tree than it is tall? Maybe some good will come from this and some other member here will avoid a similar sad fate!

 

[jbooth]

Sorry to see the damage to your tractor. Even worse it seems it came at a time when you really need it.

I sure wouldn't hold my breathe waiting for your insurance company to pay any part of repairs. I hold all insurance companies in the same low esteem that I have for politians, lawyers, and other businesses that have had the power to legislate our requirement for using them and then raising the rates to the point of legalized robbery.

Sorry for the rant, but it was cheap therapy for me.

Please let us know how your insurance company reacts, sure hope I have to eat my words.

 

[Gary Fowler]

As one who just went through the new tractor insurance hassle, I contacted my HO policy issurer and they only covered $10,000 of damage to unscheduled property. It cost me $187 per year to up that to $20,000 and then I contacted Agri-Credit for their rates and got $35,500 worth of insurance for 2 years (length of my contract) for $684. My HO policy agent wanted $585 per year for the same coverage under a separate policy which was required to get the amount of coverage I needed. I went ahead and kept the $20,000 rider on my HO policy as I have more than that in equipment in my shop including my other tractor and disc, bush hog, rake, $5000 lawnmower tools etc. Even though the rates seemed a big time rip off for the measley amount of 10K, I will keep it for this year at least and next year I may have to go shopping for some new rates. Maybe my property is not in "good hands" as they claim.

 

[LBrown59]

Sorry to see that! Hope your homeowners covers it,BUT when I inquired about my tractor being covered by my homeowners, my agent assured me it wasn't. I had to have a "marine inland " separate policy for the tractor, which I purchased. Since the tractor is new I couldn't afford to take that kind of loss.
amaxwell

If the OP has a loan on the tractor it's insured cause banks won't loan on uninsured items.

 

[Kyle241]

Glad you are okay, bummer about the tractor though. It's always surprising how much damage a tree can do and I don't think people realize this when they are cutting. You're not the first to do this and I have seen pics of cut trees landing on cars and homes and doing a lot more damage. I hope it's covered by insurance and you back in the saddle in no time.

 

[Pushing_Tin]

Glad you're okay, it's going to be a crapshoot if your HO covers it or not. I had an idiot moment on my tractor that caused $1500 damage, and HO did NOT cover it as it was not a "named peril." Lesson learned, I now have insurance through JD that only cost me $250 for 4 years. Keep us updated!

If the OP has a loan on the tractor it's insured cause banks won't loan on uninsured items.[/COLOR]

Well JD said my HO insurance was fine, even though they never asked for any sort of proof that I actually owned a home or had insurance.

 

[jake98]

That's a real shame. I gotta wonder if the tractor mechanics even know how to approach that..

 

[iplumb]

If the OP has a loan on the tractor it's insured cause banks won't loan on uninsured items.[/COLOR]

Mine is financed through Kubota just because of the 0% and I don't have any extra insurance? My homeowners said it was covered on my property maybe I should check just how covered it is:ashamed:

 

[blueriver]

Mine is financed through Kubota just because of the 0% and I don't have any extra insurance? My homeowners said it was covered on my property maybe I should check just how covered it is:ashamed:

I'd bet it is .. may be wrong.... its probably calculated into your payments.