Tractor Insurance

Tractor Insurance

Cover for farm tractors, implements and fitted guidance equipment.

A tractor is usually the highest value machine on a farm and it moves between paddock, public road and contract work, which is where cover gets untidy. Fires start in the engine bay and around the exhaust in stubble, rollovers happen on hillsides and dam banks, and GPS receivers and screens are stolen from cabs across whole districts in a season.

What is it?

Farm tractors range from a forty horsepower Kubota on a lifestyle block through to a large articulated John Deere or Case IH quad track pulling a seeding rig, with Fendt, New Holland, Massey Ferguson, Deutz-Fahr and Claas all common in Australia. Values run from tens of thousands to well past half a million dollars once guidance and implements are counted.

What does tractor insurance cover?

What affects the cost?

• Make, model and replacement value
• Horsepower and intended use
• Guidance and precision equipment fitted
• Road use and travel distance
• Shed storage and security

Worth raising on the call

• GPS receivers and screens are often excluded or sub-limited unless listed separately on the schedule.
• Contract work for other farms is a different use to own-farm work and generally has to be declared.
• Hired or leased machines usually carry insurance obligations set out in the hire agreement.

General information only. Cover, limits and exclusions depend on the PDS, TMD, eligibility, underwriting and the policy terms. See farm insurance for the wider picture.