Posted by PJH on November 27, 2010 at 19:54:24 from (71.171.241.67):
In Reply to: damn insurance company posted by Jason, NW Ontario on November 27, 2010 at 17:51:02:
Your "newly purchased" tractor? What did you give for it? That's what I'd tell them.
Actually, I wouldn't insure it. Not being critical of your tractor, but I have three worn out, well aged John Deeres that aren't insured. There is a cost trade-off that makes some pieces of equipment not worth insuring. After the 9-11 fiasco, my insurance rates tripled. I dropped every piece of equipment, all the cattle, several buildings, and all the hay from my policy. Also bumped the deductible to $1000. Insurance is still double what it was before 9-11. And then if I have a claim, they try to weasel out of it. A bunch of thieves, but necessary, I guess???
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