I have a friend that is fighting with his homeowners insurance company right now for a totaled tractor.
He left with the family for Thanksgiving. He has a big 3 sided shed that he keeps his tractor in, tools and assorted shed stuff. While they were gone, a tree fell on the shed and caught it on fire. Due to the wet conditions at the time it smoldered for days (nobody reported it, this was from the FD). He didn't even notice until after being home 3 days and it was the smell that alerted him. His house/property is about a 1/2 mile from any neighbors and his shed is on the other side of a hill from his house.
The insurance company will cover his zero turn but will NOT cover his tractor (40HP JD). It is not covered in his policy. He was sure he was covered based on talking to his agent.
You guys that "think" your homeowners covers your tractor should get it in writing. Your agent is NOT the underwriter and will often yes, yes, yes, you when it comes to the fine print. The underwriter LIVES in the fine print.
I thought I was covered by my homeowners and in some cases I am. However if I am plowing out in front of the place along the road, it is not covered. When I am cleaning along the road it isn't covered etc. And NOTHING vehicular is covered.
I ended up getting a commercial liability policy and it covers all the neighbors stuff as well as the tractor on or off the property. With it, I also don't mind helping others out.
