What is Tractor Insurance?
Tractors are an essential piece of farm equipment, and they’re often the most valuable equipment that Vermont farmers own. As such, they need to be insured -- and that’s what tractor insurance is for.
Tractor insurance is a specialized commercial insurance policy that’s uniquely suited to protect farmers’ tractors. Because this is such a unique and specialized insurance, farmers who need coverage for a tractor should seek out an agent who focuses on these insurance policies.
Who in Vermont Needs a Tractor Policy?
In general, most Vermont farms that own a tractor should have a tractor policy in place. Not having a policy could leave a farm financially devastated if its tractor is damaged or someone is hurt in a tractor-related accident.
Farms that lease or rent tractors on a short-term basis often don’t have the same coverage needs as those that own their tractors. Any farm that periodically uses another company’s tractor should consult a knowledgeable insurance agent who can asses the farm’s risk exposure and make an informed coverage recommendation.