Tractor Insurance
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=145703
Printed Date: 23 Apr 2025 at 11:44pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Tractor Insurance
Posted By: BEK
Subject: Tractor Insurance
Date Posted: 21 Dec 2017 at 9:18am
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I just got a quote from Hagerty for one of my tractors. Agreed value on a collector tractor. Always stored indoors. The cost is reasonable and relatively inexpensive. Looking for others input or experiences regarding insuring a tractor? I like the idea of having an insured tractor, it's comforting, but do I really need it? Thanks in advance. - Brad
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Replies:
Posted By: Butch(OH)
Date Posted: 21 Dec 2017 at 10:03am
I am with Auto Owners and my tractors are insured on a rider with my farm insurance for a value I set on them. Cost is negligible, unless a person has 50 of them. They are insured for theft, fire etc. When I am hauling them they are covered by my truck insurance with the same company
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Posted By: Charlie175
Date Posted: 21 Dec 2017 at 10:06am
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Farm Bureau Insurance does not cover items being hauled that I have found...as a FYI They push a Inland Marine policy for tractor coverage
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Charlie
'48 B, '51 CA, '56 WD45 '61 D17, '63 D12, '65 D10 , '68 One-Ninety XTD
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Posted By: Tim (Cent.WI)
Date Posted: 21 Dec 2017 at 10:06am
I have a blanket coverage on all of mine and a stated dollar value on each one, the total of the individual stated value is less than the blanket because I have them stored in multiple locations and it would take a huge natural disaster to take out my whole collection at one time.
Whenever I get a new tractor I need to provide the serial number, year and model (no need for the mfg, he knows they are all AC!) to my agent. Another thing people need to make sure they have is liability insurance if they are taking the tractors anywhere at all, most normal homeowners policies will not cover farm tractors for liability. Something as simple and fun as a tractor show or ride could be a problem if someone got hurt. I have American Family Insurance and a great agent which is a must.
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Posted By: Sugarmaker
Date Posted: 21 Dec 2017 at 1:17pm
Our tractors are covered in a inland marine policy with same folks we have homeowners policy through. Serial numbers make and year of tractor and my estimated value. Cost is reasonable.
Regards,
Chris
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D17 1958 (NFE), WD45 1954 (NFE), WD 1952 (NFE), WD 1950 (WFE), Allis F-40 forklift, Allis CA, Allis D14, Ford Jubilee, Many IH Cub Cadets, 32 Ford Dump, 65 Comet.
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Posted By: mdm1
Date Posted: 21 Dec 2017 at 3:55pm
My tractors are covered for liability in public places only! Driving on the road etc. I thought they would be covered by my homeowners policy. Not so. Assume nothing. Tim I sent you a PM.
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Everything is impossible until someone does it! WD45-trip loader 1947 c w/woods belly mower, 1939 B, #3 sickle mower 1944 B, 2 1948 G's. Misc other equipment that my wife calls JUNK!
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Posted By: Dennis J OPKs
Date Posted: 21 Dec 2017 at 6:57pm
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It's sort of a peace of mind thing. I've had Hagerty for several years and the cost has not changed, I think they treat it much like the antique cars they insure. Very similar if not identical. Mine never gets on the road. You just hope you never need to use it. I do mine direct with them, no one else involved.
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Posted By: Ranse
Date Posted: 21 Dec 2017 at 7:37pm
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I used Farm Bureau for years. The agent told me here while back it would cost about $10 per thousand of the tractor's worth to insure it for six months. It doesn't cover break downs, no one steals tractors (5 mph get away, duh), not very often a tractor is involved in an accident, your only worry is fire. My buildings are covered for fire, I don't think the contents are, I guess I'll just take my chances for now.
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Posted By: DougS
Date Posted: 21 Dec 2017 at 7:44pm
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No one steals tractors? Odds of you tractor getting stolen are probably ten times greater than losing it in a fire.
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Posted By: Ranse
Date Posted: 21 Dec 2017 at 8:45pm
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My father or myself has never removed a key from a tractor that I can remember in my life, and they sit in an open shed. The reason I asked the agent about insurance is that my Mother is there by herself now and I thought local low lifes might learn this. Most crooks are opportunist, they want to get it and go. No crook is going to bring a trailer and take 30 minutes to load a tractor. The funny thing is, my Dad loaned a two bottom AC turning plow that went to the D10 to my Uncle years ago. They are both gone now, so I asked my cousin for it back. He told me someone stole it. I asked him how did someone steal a turning plow? He told me they came over with a tractor with a front end loader. That seems hard to believe, but he does have land that no one lives on, so I guess anything possible. Long story short, I will never see that plow again.
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Posted By: Lonn
Date Posted: 22 Dec 2017 at 6:52am
Tractor theft is not all that uncommon. My area from time to time has been hit and it's been going on as far back as I can remember. Sometimes you find them many many years later. There was a case back when I was a kid where a local farmer had his Ford stolen and it was found many years later in Wisconsin. Something like a decade later. Here are just a few listed on Tractor House and most victims don't put them on Tractor House. https://www.tractorhouse.com/listings/farm-equipment/stolen/list" rel="nofollow - https://www.tractorhouse.com/listings/farm-equipment/stolen/list
BTW though not a tractor, the guy I rent land from has a brother down south, Missouri or some state in that direction, and police just found his 4
wheeler up here in my county. It was stolen more than 10 year ago. Police pulled an older guy over for a light out on his trailer or something and ran the vin of the 4 wheeler. Poor guy is out a 4 wheeler because he bought it not knowing it was hot. Sits in my landlord's shed today waiting for his brother to pick up.
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Wink
I am a Russian Bot
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Posted By: mdm1
Date Posted: 22 Dec 2017 at 6:58am
My deal is I have to run the road because a creek divides my property. I assumed I was covered by my liability coverage but after checking found out different. I am not a farmer or rancher so that is out for me. Liability is not bad price wise. Never assume anything with insurance.
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Everything is impossible until someone does it! WD45-trip loader 1947 c w/woods belly mower, 1939 B, #3 sickle mower 1944 B, 2 1948 G's. Misc other equipment that my wife calls JUNK!
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Posted By: BEK
Date Posted: 22 Dec 2017 at 8:56am
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Thanks for sharing your info. For me personally, tractor theft is the least of my concerns. I like to show them and always let the young and young at heart climb aboard. In the back of my mind there's a nagging concern, what if one of these kids gets hurt? Plus, I occasionally operate them on the road. Looks like I'm leaning towards a policy.
Tractor theft happens here in NC. The most common factor is the tractor is left outside and unattended.
Thanks again for your insight. - Brad
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Posted By: GARY(OH/IN)
Date Posted: 22 Dec 2017 at 11:51am
Use Haggerty. 1964 Chevrolet Impala convertible, $17,000 coverage, $189.00 annual. i'm 70 years old.
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Posted By: B26240
Date Posted: 22 Dec 2017 at 4:17pm
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BEK I had two of my tractors insured with Hagerty and I thot it was a good deal, never had a claim but was a good piece of mind specially when i was caravaning in other states.
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Posted By: ACman formally 220
Date Posted: 22 Dec 2017 at 4:55pm
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I have State Farm Insurance, have had for 45 plus years. Not once have they ever let me down. Got to thinking one day about my tractor toys figured I would insure them like my many guns. All together diffent ball game,had to have verifiable appraisles from Agco dealer. But it was well worth checking out they would not take stated value for antique tractors. Also found out parades are high risk. Although a 220 or 200 are a little big for most parades I ask to see if it was covered. Glad I did, now I know I have good coverage. Never assume anything with insurance. Friend thought he was covered by his insurance, he was until he got away from the farm. Lucky he did not get sued. Your insurance is only as good as your agent, I know mine is the best had a fire Christmas morning 2013. My agent drove 35 miles to bring me something to eat for Christmas and even though I lost alot State Farm and my agent Ty Turek were there.
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Posted By: DarrylinWA
Date Posted: 24 Dec 2017 at 7:40am
Have Hagerty on my tractors. I pay about $1750 a year, but with the low serial #s and first and last serial #s and value, I feel its worth it. If I haul them to and from shows, parades and everthing is covered EXCEPT tractor pulling. I am good. I hate paying it, but if something happens, I would be more sick.
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B 10 Custom. Serial # 1001 D21, First D21 built 69 #4498 and Last D 21 Built #4609. 1946 MM UTU. And 2000, 2005 Pete's. AC custom Hauling.
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