Everything You Need to Know About Tractor Insurance

If you’ve recently purchased a tractor, we strongly recommend investing in an insurance policy to protect your new equipment. While pricey, tractor insurance has proven to be well worth its weight in gold, especially if your tractor ends up in an accident or there’s an emergency situation. To learn more about tractor insurance and where to find it, check out our article below.

Do You Need Tractor Insurance? 

While tractor insurance isn’t typically required by law like car or motorcycle insurance is, if you’re planning on financing your model, you’ll be required to purchase an insurance policy to protect your investment. Different lenders may have different requirements for what your policy needs to cover, so be sure to check in with your lender before you begin shopping for insurance.

Where to Find Tractor Insurance

While tractor insurance is rather a niche, there are plenty of companies that offer coverage for your farming equipment! There are plenty of businesses that specialize in insuring farms and farm equipment, and will likely offer you a great deal. 

However, plenty of large-scale insurance companies offer tractor insurance as well—although they don’t usually advertise it. If you already have an insurance policy—for example for your personal vehicle or your home—we recommend giving your company a call to see if they offer tractor insurance, as you could get an incredibly affordable bundling deal. 

For more information on buying, financing, or insuring a new tractor, we recommend making a stop here at West Hills Tractor. Our expert staff in Jonesborough, TN will be happy to answer any questions you may have about buying or owning a tractor, and we look forward to serving those nearby in Johnson City and Greeneville, TN.