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Kubota Tractor Corporation (KTC) boasts quality equipment, making Kubota a business partner that helps with the heavy lifting.
These tractors are quite the investment which is why you might want to approach Kubota Tractor Acceptance Corporation (KTAC) Insurance to help protect your equipment. This guide features what kubota ktac insurance is ,and the premiums costs.
KTAC insurance, also known as KTAC insurance agency, steps in as the company that sells and manages the Kubota-endorsed property damage insurance for Kubota tractors in the USA.
It is offering flexible options and an efficient claim process. Note that KTAC’s Kubota insurance is a revenue-neutral program whose goal is to cover the equipment while making the financing relatively quick and seamless.
This company’s Kubota tractor insurance gives you coverage on and off your property for exposures such as:
KTAC insurance covers your machine even when you use it for commercial purposes like renting it out. Additionally, the Kubota tractor insurance also covers the tractor if used off-property, meaning you can lend it out without fearing the financial repercussions of paying for damages out of pocket.
KTAC’s insurance for kubota tractors is a fusion of different coverages for tractors. Namely, the functions of theft insurance, equipment breakdown insurance, and physical damage insurance for tractors are incorporated in its specialized insurance program.
Kubota ktac insurance provides funds if the tractor incurs damages either on-site or off-site due to the above factors. Kubota allows this tractor equipment breakdown insurance to act as tractor trolley insurance, that way protecting the tractor , the trolley, and all its other attachments in the event of damages.
The latter is meant to cover your tractor in the event that the unit sustains damage caused by specific exposure.
Kubota insurance underwrites the physical damage insurance for tractors as either a comprehensive policy that covers parts repair or replacement if it were to suffer damage as a result of the covered risks.
KTAC insurance includes a Total Loss Replacement Option in its Kubota-endorsed property damage insurance.
With this option, you receive the original sales price as reimbursement for covered equipment. This is advantageous to you as the customer as the depreciation is not considered.
Conditions that you have to meet to qualify for the total loss replacement option include:
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You can cover any tractor under a homeowner’s policy, provided that it has a personal article’s coverage or contents coverage. The downside of a homeowner’s policy is that it might be lackluster.
Take a look at this table that shows why KTAC insurance is better than a homeowner’s policy when insuring tractors:
| Homeowner’s Insurance | Kubota Endorsed Property Damage Insurance | |
| Damage as caused by floods, accidents, collisions, infestation, etc. | NO | YES |
| Damage or loss that happen while your tractor is used away from your property | NO | YES |
| Damage or loss of attachments such as trolleys, mowers, rakes, etc. | NO | YES |
| Coverage for large tractors | NO | YES |
| Low deductibles | Depends on the carrier | YES |
While KTAC’s Kubota insurance is usually bought for tractors, the policy doesn’t limit itself to the said machines. KTAC’s brochure shows that customers can also insure their Kubota RTVs.
Going with this, it’s also possible for you to insure a kubota excavator, bulldozer, or any related machines manufactured and financed by the company. As we said earlier, large pieces of Kubota equipment can also be covered by Kubota tractor insurance.
KTAC’s speciality insurance is best for the following businesses or individuals using Kubota tractors or any other equipment manufactured by the company:
Kubota remains the most reliable tractor brand. The brand offers more than 10 tractor models, with the smallest of these costing between $11,000 and $57,000. Seeing as these are quite the investment, getting Kubota KTAC insurance is a must.
Kubota tractor insurance cost $1.30 per one thousand dollar value of the tractor. This Kubota KTAC insurance cost applies when the Kubota tractor is financed by Kubota.
On average, as a Kubota insurance policy holder, the average KTAC insurance cost is $34 per month or $407 per year for a one-stop Kubota insurance coverage.
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