Two years ago I purchased insurance coverage on a collector tractor I had invested a lot of "resources" into. I talked to my insurance agent about this and he was able to obtain coverage on this tractor, just like other customers of his who own collector cars. He asked me what I wanted to place for a value on that tractor, and that is what we went with. In terms of the cost of the premiums, it equates to roughly 0.4% of the value I placed on the tractor, or if you want exact figures, $102 on a $25k tractor. I apologize I cannot recall the name of the insurance company.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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