Hi everyone, quick question. Im planning on going to a track event next month and was curious about track insurance. This would be my first time. Any advice, suggestions? I looked at couple of quotes online and they all around 300-400 dollar range for a day at the event with 10 percent deductible. Does that sound right? Thanks

 

That sounds about right. If you can't afford to write off the car if you ball it up, then track insurance is good value.

Once you start to track more you'll know which tracks you need insurance on (road atlanta) and which you can pass since there are significant runoffs and nothing to hit besides other cars (chuckwalla)

 

Yes that is about right....when I tracked I bought packages of 3 or 6 events.

Good on you getting track insurance...your insurance for the street will not cover an accident. I've seen many wrecks at the track where guys had zero insurance and were out ten of thousands of dollars or totaled the car with zero recourse.

 

My street insurance covered me last season

Failed to read the renewal from Liberty Mutual where they added a track exclusion on the bottom of page 37 of a 52 page document

Out $60k in an instant over Memorial Day when I hit the wall in the Kink at Road America

 

Drive at 7/10's since it's your first outing. No need for insurance.

 

I saw someone post insurance for less than $300 recently. In fact, the price was the same for one day vs the whole weekend.

Track insurance, if it makes you feel better about a catastrophic crash of a very expensive (5/6-figure) automobile, then co for it.

 

I'd be inclined to agree with this based on personal experience, but there are a few variables to consider.

I went to an HPDE at Summit Point; that track is very manageable for a novice and you have someone in the car to yell at you if you get carried away- which if this is your first time on the track you very likely won't just because you're asking this question and appear to have some sense. Looking back in hindsight and I would absolutely have passed on track insurance were I to do it over again.

That said, there were still "pucker" moments by some of the other guys that day even though I have no idea how... and peace of mind is probably worth the $4-500. I will concede I was distracted worrying about my car and it detracted from the overall experience. My reasons for being distracted weren't related to crashing into anything, I felt very much in control the entire time- but I had just done over $5k in mods and tuning that was completed literally the day before the event on my brand new STI at the time and felt like it was going to explode at any minute. I'm sure worrying about running into things could have the same effect.

 

I vote for the answer "if you can't afford to self-insure, then get track insurance". Only you know what your risk tolerance and driving skills are at this point. If you do go the track insurance route, carefully read the policy so you know what is and isn't covered. Also there is quite a bit of discussion on the Racing and DE forum which you may find helpful.

 

thank you all very much the the advice. Im going to NY safety track upstate. As i said im a novice and not planning to go crazy but probably gonna take ins anyway. Plus my car currently has exotic car ins that forbids track use under any circumstances lol

 

I think that is best to opt for insurance if you have any doubt.
The previous owner of my car totalled his gt3 last year on track. That would have been a pretty big financial blow without track insurance.

 

Unless you can walk away from the car and be OK with t financially & emotionally, opt for the insurance.
I got track insurance for my first few times out but as I got more comfortable I started not getting it.
One event down at Buttonwillow, I had a 997 Turbo riding my *** so I give the point by and ease up. The end of the passing zone comes and the turbo didn't take the point by. It was a short quick passing zone and so they didn't take it. Then, as I'm turning in for the apex of the next turn... the turbo decides that would be the time to pass. They took the apex and squeezed me off the berm forcing me to lock up the brakes. Nothing to pucker you up like having a car miss you by about 6 inches at high speeds.
I was with an instructor at the time and when we pulled in he tore that driver a new one.

Now, I get the insurance. Not so much for my mistakes, but for others mistakes, egos and misjudgments.

I like "Ontrack" or "Opentrack" both are slighty cheaper than Lockton and have good reputations. Ontrack is a RL member.

 

NY Safety track is a great time. Ive run it on my Ducati's and there were a few cars that went during lunch, a bunch of them spun out but never hit anything...be careful on the left hand turn after the right downhill. that got a bunch of cars.

 

Please check us out at Hagerty for HPDE Insurance: www.hagerty.com/hpde
Takes about 20 seconds to get a quote, and 5 minutes to get your policy. We launched this product in January of this year.

 

At first I was excited. Then I got a quote for my GT3.

Wow, $440 for a day at Laguna when I have 10+ years there without a crash?

 

I just bought a day of instance from Lockton for Autobahn Country Club for July 25th. Total cost was $177.