I think it is different than car insurance with KTAC insurance when you finance the tractor with Kubota and get the KTAC insurance at the same time...The loader was financed as part of the tractor, but it is an add-on. This is no different then when insurance totals your car after an accident and cuts you a check. The loader still works, so I will keep using it and see about replacing damaged parts.
Again, only from what I have read here...apples and oranges between car insurance and the KTAC insurance I was lead to believe...Not sure about the add on though...but hard to see the difference. Does car insurance treat options different than the base vehicle? No clue here, but never heard that...