Track Insurance?
10-16-2006, 02:05 PM
#1
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Track Insurance?
Who has it? who do you have it through? How much is it? Looking for some info, I have seen my fill of smashed up cars with no driver recourse.....
Please!
Thanks!
Charles
Please!
Thanks!
Charles
10-16-2006, 04:36 PM
#2
He's as bad as Can
Never heard of it in the USA. Insurance companies are in this to make money, not pay out claims. There are just too many ways for a car to get into a wreck. I was almost in a wreck just sitting parked in stage.
Now if the event is a HPDE type with no points, prizes or timing you should be covered before they drop you.
Now if the event is a HPDE type with no points, prizes or timing you should be covered before they drop you.
10-16-2006, 09:16 PM
#3
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What expo said, except....
read the policy carefully. I had Progressive insurance, and read their policy. It stated no coverage when on a track. Not just limitied to a 'racing' event.
Ended up switching to State Farm, which has no such limiting exclusion.
read the policy carefully. I had Progressive insurance, and read their policy. It stated no coverage when on a track. Not just limitied to a 'racing' event.
Ended up switching to State Farm, which has no such limiting exclusion.
10-16-2006, 10:47 PM
#4
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Dang-it! Now I need to pull my policy and read it. I've been playing ostrich and ignoring it because I was afraid of what it might say. (Silver=stupid) I will read my policy tomorrow. Thanks for the nudge Blue.
10-16-2006, 10:56 PM
#5
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Originally Posted by SilverEIGHT
Dang-it! Now I need to pull my policy and read it. I've been playing ostrich and ignoring it because I was afraid of what it might say. (Silver=stupid) I will read my policy tomorrow. Thanks for the nudge Blue.
10-17-2006, 06:55 AM
#6
Smooth Criminal
yep, call your agent, play dumb, and ask for the full written policy. I too have State Farm, and have read their policy over a couple times, and request a new one every year or so. There is nothing in their about limitations from being on track, and IIRC, it did not mention it at all, whether timed, solo, with instructor or anything. I am sure, that in the unfortunate event you had to make a claim based on an accident from a track, you might be dropped like a bad habit once the claim was paid, or your rates would sky rocket.
Silver, quit being an ostrich. It is better to know what your coverage is, and what you would be liable for. Let's not forget, what we are doing out on the track is dangerous, and if we are not careful, the repercussions can be expensive and painful.
Silver, I know you have seen these, but this happened a coupel weeks ago, at Road Atlanta, in turn 4. not the place you expect an impact like this. but it happens.
be safe out there.
Silver, quit being an ostrich. It is better to know what your coverage is, and what you would be liable for. Let's not forget, what we are doing out on the track is dangerous, and if we are not careful, the repercussions can be expensive and painful.
Silver, I know you have seen these, but this happened a coupel weeks ago, at Road Atlanta, in turn 4. not the place you expect an impact like this. but it happens.
be safe out there.
10-17-2006, 07:20 AM
#8
Smooth Criminal
Originally Posted by SilverEIGHT
Well, that's a good wake up call! Yea, I've seen it and I think posting it again ain't such a bad idea. Turn 4, right?
10-17-2006, 08:36 AM
#10
Metatron
iTrader: (1)
Track this.....
"Track Insurance" is a kind of urban myth - it doesn't really exist.
A car club needs a policy to cover damage to the track and facilities (I've heard of invoking the policy to cover damage from burnouts!) but you can't buy insurance that will fix your ride after "turn 4", unless your name is Newman or Haas!
If there is ANYTHING at stake - a prize, points, even a winner's rosette, you are racing and any insurance is void.
S
A car club needs a policy to cover damage to the track and facilities (I've heard of invoking the policy to cover damage from burnouts!) but you can't buy insurance that will fix your ride after "turn 4", unless your name is Newman or Haas!
If there is ANYTHING at stake - a prize, points, even a winner's rosette, you are racing and any insurance is void.
S
10-17-2006, 09:28 AM
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well, i just called my agent and am having a full policy faxed to me. Have to sit down and read it. Would it be a good idea to have someone with legal experiance read it over?
10-17-2006, 12:33 PM
#12
Originally Posted by BlueRenesis82
well, i just called my agent and am having a full policy faxed to me. Have to sit down and read it. Would it be a good idea to have someone with legal experiance read it over?
Couldn't hurt.
And I would thing there would be some independant company out there that would be willing to cover you on the track. Insurance companies will take ANYBODYS money . The question woule more than likely be just how expensive it would be. I don't think it would be cheap due to the riskes involved but well worth it in the event you need it.
Al, don't forget to mention the s2000 that flipped.
10-17-2006, 12:56 PM
#14
Originally Posted by devildog1679
I just requested my policy as well. After seeing that S2000 and 3000GT, I deffinitly want to ensure I'm covered.
To you and everyone else, me and RedDevil had had this discussion before. Most likely even if your policy covers you and pays the claim you will be dropped immediately or your rates will go so high you cant afford to pay them.
It would be best to try to source an outside compay to insure it against track time.
10-17-2006, 07:13 PM
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Originally Posted by mac11
To you and everyone else, me and RedDevil had had this discussion before. Most likely even if your policy covers you and pays the claim you will be dropped immediately or your rates will go so high you cant afford to pay them.
It would be best to try to source an outside compay to insure it against track time.
It would be best to try to source an outside compay to insure it against track time.
10-17-2006, 07:27 PM
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Regular insurance is either worthless or a one shot and be canceled. If you are very lucky and lie like a rug. (might even be construed as fraud). Real track insurance the last time I saw it ran ~10% or more per event.
Long and the short of it. Don't take anything on track you cannot afford to writeoff. You're putting it at risk. To say nothing of your health.
Long and the short of it. Don't take anything on track you cannot afford to writeoff. You're putting it at risk. To say nothing of your health.
10-17-2006, 07:33 PM
#17
Originally Posted by BlueRenesis82
so far nobody has been interested in offering coverage
who have you talked to?
you might try contacting these guys and see if they offer coverage outside the UK, specifically....here. I would do it myself but I am in the computer lab on campus and the security is set too high for me to get into me email.
http://www.competition-car-insurance.co.uk/
10-17-2006, 08:05 PM
#18
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Originally Posted by mac11
who have you talked to?
you might try contacting these guys and see if they offer coverage outside the UK, specifically....here. I would do it myself but I am in the computer lab on campus and the security is set too high for me to get into me email.
http://www.competition-car-insurance.co.uk/
you might try contacting these guys and see if they offer coverage outside the UK, specifically....here. I would do it myself but I am in the computer lab on campus and the security is set too high for me to get into me email.
http://www.competition-car-insurance.co.uk/
10-17-2006, 08:28 PM
#19
I believe Porche Club Of America has insurance that you can buy for track events that aren't races....you would have to ask someone...but I saw an application floating around at one of our track days. It was expensive....with a big deductible...but if you tank the car completely it would be worth it.
10-17-2006, 09:45 PM
#22
Originally Posted by AlexCisneros
try Goldin Brothers
They also sponsor the RX8 in the GrandAm series... They sell race insurance. Fuzzy on the details though.
They also sponsor the RX8 in the GrandAm series... They sell race insurance. Fuzzy on the details though.
You got a link or some more info? All I got google searching was basically entry lists for the races their teams have entered and speedTV stuff.
10-18-2006, 07:27 AM
#23
Smooth Criminal
here is the Vette I mentioned earlier. Outside of the all out race cars we get at our events, this was the biggest impact I have seen, for a street car. i saw the whole thing live, the whole car was 3-4 fett off the ground from the dissipation of the force on impact. he walked away from the crash, wiht only a bruised pride, and a little sore. the inside, passenger space, was unharmed. nothing out of line, nothing crooked. the nose did just what it was designed to do. but i will not lie, it scared the hell out of me, and made me think about what we were out there doing, and the risks and danger involved.
