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Should I Buy Tractor Insurance?

We want to help you understand the nuances of tractor insurance.

Always make sure to contact your local tractor insurance representative to verify and help you find the most up-to-date tractor insurance options and pricing.

Your tractor is an asset that needs to be kept in good shape and running well.

Unfortunately, accidental damage is common --- so are third-party liabilities. Tractor insurance is not a luxury --- it is a necessity to keep your farm operating.

Standard tractor insurance helps shield you from various damages. These include personal accidents, natural calamities, and third-party liabilities.

Depending on the policy, tractor insurance can cover:

  • External Damages: Earthquakes, cyclones, floods, storms, landslides, etc.

  • Unforeseen Damages: Fire, explosion, etc.

  • Road/Transit Damages: Accidents caused while the tractor is in transit on the road, waterways, etc.

  • Theft: Robbery at home, farm, business, etc.

  • Accidental Damage: Driver negligence.

Plus, it can cover third-party liabilities.

There are also insurance policies that provide protection for other farming machines including harvesters, rotavators, power harrows, threshers, etc.

Some tractor insurance policies also contain “No Claim Bonus Protection.” This means the cost of your insurance is lowered after every claim-free year.