Kubota referred me to the website when they declined to sell me insurance for a 2020 tractor that I purchased used as a private sale. I just got an "inland marine" policy covering my tractor and all accessory items that I have, a total value of $30,000 for $107.00
Kubota Insurance
- Thread starter BotaBob20
- Start date
I could be wrong here, but my understanding is that there are two types of policies from KTAC. One for new Kubota's that are financed through Kubota - this policy includes the buy-back / "replacement" feature. Or you can get a more standard policy (cheaper) for a tractor that is not financed through Kubota - this does not include the "replacement" feature.
This is at least what I've gathered from the million other insurance threads on here.
This is at least what I've gathered from the million other insurance threads on here.
MNVikingsGuy
Active member
Equipment
LX3310, FEL, 60" bucket, 60" grapple, 60" box blade, 60" flail, LX2980 blower,
That's how I understood it.
When I looked into it last fall for a new LX3310, I had three choices: If I financed, the KTAC that included "standard" insurance, "off-premises" coverage, and "user error" insurance all at full replacement value. If I did not finance, the "standard" coverage + "off-premises" + "user error" coverage but at depreciated value. Finally, non-KTAC insurance with homeowners insurer (or the like) that just covered "standard" insurance for fire & theft on-premises only at depreciated value.