Antique Tractor Collectors Insurance
If you own an antique tractor, you need antique tractor insurance. Here s why:
Liability CoverageHomeowners policies limit your liability coverage to "on premise" only. If you attend parades, display your tractor at shows, or cross the road, your homeowner policy does not provide coverage.Physical Damage Coverage
Homeowner policies do not provide physical damage coverage for
your antique tractor. Even farm inland marine coverage can not correctly
value you antique collectible tractor. Inland marine policies pay on an "actual
cash value" basis, which factors depreciation into your settlement.
Simply speaking, collectors insurance can cover your tractor for it s collectible
value while other policies pay for an old depreciated tractor.
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