Insurance

Tom RS · Feb 3, 2015

I am changing my ins. carrier and the new company wants to charge me 230 per year to cover liability only. All I need is coverage for one or two parades a year for my five tractors. Sometimes I'm only taking one or two if I can't find drivers for all.
Seems like a ripoff.
Trouble is the community I live in says I MUST be insured to be in the parade.
Anybody have any advice.

JohnDeereJimOhio · Feb 3, 2015

Try Hagerty, they were really cheap when I was 18 and had a chevelle about ten years ago. I m sure they would be worth a look on a tractor.

RCP · Feb 3, 2015

I second Haggerty, they cover our two tractors liability, comprehensive and collision.

Richard G. · Feb 3, 2015

Hagerty covers my Model T for liability and replacement for $156 a year. Very happy with them.
Richard in NW SC

Ted in NE-OH · Feb 3, 2015

My home owners insurance covers me, as it is a hobby. Check it out.

Royse · Feb 3, 2015

(quoted from post at 23:30:10 02/03/15) My home owners insurance covers me, as it is a hobby. Check it out.

My home owners covers me too, but only when on my own land.
I had to buy a rider if taking them anywhere else.
Insurance guy had a time trying to figure out how to insure one
if it "falls off a trailer and damages something else".

blueridge · Feb 3, 2015

I have a State Farm Policy on mine same as an antique car, since I don't farm. about 120.00 year.

caterpillar guy · Feb 4, 2015

Royce if you are having them hauled, just make sure the guy hauling them has Cargo and Liability insurance. If not he doesn't load them. If on your trailer you should be able to get a cargo policy for the value of the tractors. It would cover them on the trailer. Cargo is relatively cheap. The liability coverage is the expensive part.
Ours are covered by the farm insurance.

JOCCO · Feb 4, 2015

1. check with a tractor club if you belong to one. 2. Try a company that does farms rural estates. 3. The $260 will be pretty cheap when your clutch sticks and you hit a very rare car!!!!!!!!!!!!!!!!!!

Royse · Feb 4, 2015

Thanks Caterpillar guy. I'm hauling my own, taking them to shows.
I did get the coverage I needed, it just took them a while.
I should have mentioned that farm insurance is different.
It covers a lot more than my normal home owner's policy does.

Mike M · Feb 4, 2015

Well you either have to pay it and go or just stay home ?
Back when gas started climbing up I just said the heck with it and quit hauling my stuff to shows. I just didn't see it being worth all the hassles and expense anymore.

Goose · Feb 4, 2015

Sounds about right to me.

Richard G. · Feb 4, 2015

I'm with you Mike. Use to go to tractor shows mainly to visit with people. I use to take my Model T truck to parades and tractor shows. Got to be to much of a hassle. If you have been once, you have seen it all.
Now I just drive my T around in the summer when I feel like it. I also take it to The local technical college where one son teaches history to do classes for him on Henry Ford. The students are very interested. Got an Old Farm Days show coming up at the SC State Ag Museum in March. Gonna load it up with ear corn and other farm products. Maybe an old box of quart jars (filled with water). The kids like to have there photos taken in it. The director of the museum is a good friend of mine and I volunteer when he needs work done.
Richard in NW SC

Mike M · Feb 4, 2015

Guy here at work brought in his model T car last summer. I got to ride along with him. Never been in one before. I was kind of impressed with the decent ride and ability to shift on the go. Some small hills were a challenge for it though.

Richard G. · Feb 4, 2015

Well, it is only 20 HP. We have some steep hills here and they can be fun.
Richard

Foghorn Leghorn · Feb 4, 2015

My auto policy covers ANY vehicle I drive including tractors.

It won't cover anything Im hauling, but only what I am driving.

That might work for driving a tractor in a parade.

ss55 · Feb 4, 2015

If they are only used occasionally, can you purchase insurance quarterly, monthly or for individual events? Another alternative is to just skip a year and take them to next years parade. $230 for five tractors doesn't sound too bad. Maybe only parade and insure two of them or reduce the dollar limit of your coverage?

roy prins · Feb 4, 2015

you need a new agent-- if you are a farmer - put them on your farm policy -- I have had as many as 9 antique tractors and one time and the endorsements always change -- my tractors are covered yearround no matter what-- or where they are or what they are doing -parades- plow-days ect.

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Tom RS

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JohnDeereJimOhio

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RCP

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Richard G.

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Ted in NE-OH

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Royse

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blueridge

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