Track Day Insurance
Rennlist Member
Joined: Apr 2006
Posts: 3,736
Likes: 39
Be sure you read the contract. Scenario: Assume car is with 50k and you under-insure for 20k. There is a claim for 16k in damage. Depending on the contract, they could say you have too much damage (80% of the value) and they total your car. You get the full 20k and they get Your car. This may be an unusual situation, but it is a possibility.
Don't take things for granted. Read up.
-td
Don't take things for granted. Read up.
-td
I always buy track insurance. I use ontrackinsurance dot com. I didn't used to buy it but I had a very scary incident with another driver passing me once. It was a 997.2 turbo and although I was faster in the turns, the power on the straights was making up those gains on me. I gave the point by on a short straight before a long sweeper. I pointed and eased off the throttle. They hestitated and then proceeded to go for it anyways by cutting me off at the apex of the turn. I had to slam on my brakes and go off the track on the inside of the apex. They got about six inches away. I happened to have an instructor in the car with me who was livid. Not with me but with them. Il was rattled to I went in early and he went up and chewed them a new one.
I decided at that point that although I'm confident in my abilities and don't foresee anything happening... There are still mistakes, accidents, and the consequences of other's mistakes and accidents that are possible.
I don't usually insure the whole cost of the car. Just enough that would cover a nice starting point to replacement that the wife won't kill me over.
I decided at that point that although I'm confident in my abilities and don't foresee anything happening... There are still mistakes, accidents, and the consequences of other's mistakes and accidents that are possible.
I don't usually insure the whole cost of the car. Just enough that would cover a nice starting point to replacement that the wife won't kill me over.
Race Car
Joined: Apr 2007
Posts: 3,932
Likes: 72
From: Tampa, FL
Been doing DE (Driver Education) events for 10 years now. I just finished a 3 year stint as our region's DE registrar. Here's my advice: Lockton Affinity. Buy it. They will pay with no hassle. Seen it several times.
I've also had to have the conversation when the person who just had an incedent in his GT3 Cup car didn't have track insurance. You don't want to be that guy.
I've also had to have the conversation when the person who just had an incedent in his GT3 Cup car didn't have track insurance. You don't want to be that guy.
Former Vendor
Joined: Mar 2016
Posts: 96
Likes: 35
Here is a recent press release about our partnership with Team Stradale, let us know if we can help answer any track related insurance questions... also keep the feedback coming! Thanks Rennlist Members!
http://www.digitaljournal.com/pr/2938339
http://www.digitaljournal.com/pr/2938339
