Rceron

Probably an off-topic thread but here it goes. For those that have life insurance do your carriers consider DE and any non-timed events as "racing" and thus put you in the "standard" category--most likely with incremental premiums on top of Standard? I've filled out questionnaires from the carriers and they focus on "racing". As such I describe as best as I can what the DE's are all about. I fill out the surveys as I don't want to gamble with falsification should my wife and children need this. Any thoughts? Thx.

jittsl

I have never had Life insurance but when my Umbrella (all inclusive public liability) Insurance company dicovered that I drove DE they immediately cancelled.

LVDell

How did they find out? Why would they drop for an untimed, non-racing event?

By the way, I grew up in SA!

Rceron

I have not been dropped. I don't have a policy. I'm looking to setup a proper policy. I want to be forthcoming as I wouldn't want my wife to encounter issues on a technicality. I'm willing to pay more but I guess i want to know if carriers are truly pricing for differences between DE's and actual racing.


SA ???

LVDell

San Antonio

jittsl

Hey Dell I moved to SA a couple of years ago, live near Bourne in the hills and love it (although I do miss the comradery of the NER PCA out of Boston where I previously lived).

In answer to your question it all started when I happen to decribe my trailer as a race car trailer when renewing my auto insurance with the same company. A week later I get a call from the Umbrella people asking if I drive a race car? I replied no. After a couple of other questions they asked if I regularly drive on circuits designed for racing? I said yes (because I always believe that lying to an insurance company is no win) and went into great detail explaining what a DE event was. 2 days later the insurance was cancelled.

LVDell

Amazing. They probably have no doubt heard about the incident in Cali several years ago with the CGT double fatality and the lawsuits that followed.

Wow, Boston to SA? That's a serious change. Boerne is a great place to live just outside the city. Just far enough to escape big city life and just close enough to have all the conveniences. To be honest, one reason my wife and I didn't move back after she finished her residency was there really didn't seem to be the PCA presence (nor tracks close) that we have out here in NC.

SRL

Hmmm, that reminds me...I need to call mine and tell them I've "retired" from racing!

007DT

My financial advisor & Life insurance guy had it covered because it is not a timed event... Policy's are so black & white... They actually had a harder time with AutoX because at the time I did that a lot of it.

And it is of my opinion that if you are married and for sure if you have kids you should have life insurance..

Rceron

So in your case your carrier priced your policy as if DE's were racing. They in effect didn't make a distinction.

007DT

I don't think so as I was insured as preferred... It's been about 6 years or so I was in my late 20's at the time.

BC

Most reputable companies will have a motorsports questionnaire. You will want to be positively honest with your application, as there is little way for you personally to argue it when its time for it to pay out.

Gofishracing

Aflac has personal accident insurance and they would cover a DE incident. In NJ, DE coverage is included for PCA events through High Point Insurance. It probably would apply to non PCA events if not timed. Hopefully I'll never need to find out.

Rceron

This is exactly what I've done. I just want to know if the insurance companies are distinguishing between DE's and real racing. It seems like they don't. I don't mind paying more. I just want to know that this is consistent across most life insurance carriers.

Rceron

are you referring to life insurance or car insurance?