HPDE / track insurance
#241
GT3 player par excellence
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getting harder to find insurance now. soon i will be tooling a civic on track.
#243
Instructor
and... do not think nothing will ever break and cause issues.
If the car breaks, it is likely you will be covering it unless you have track insurance. My GT3 is finally up and running again after the CL failure, new engine and all (I self insure it can guarantee it has not been cheap). Fixing ones street or race car may not be cheap, either get track insurance or figure in what you can afford to fix.
If the car breaks, it is likely you will be covering it unless you have track insurance. My GT3 is finally up and running again after the CL failure, new engine and all (I self insure it can guarantee it has not been cheap). Fixing ones street or race car may not be cheap, either get track insurance or figure in what you can afford to fix.
#244
GT3 player par excellence
Lifetime Rennlist
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Lifetime Rennlist
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and... do not think nothing will ever break and cause issues.
If the car breaks, it is likely you will be covering it unless you have track insurance. My GT3 is finally up and running again after the CL failure, new engine and all (I self insure it can guarantee it has not been cheap). Fixing ones street or race car may not be cheap, either get track insurance or figure in what you can afford to fix.
If the car breaks, it is likely you will be covering it unless you have track insurance. My GT3 is finally up and running again after the CL failure, new engine and all (I self insure it can guarantee it has not been cheap). Fixing ones street or race car may not be cheap, either get track insurance or figure in what you can afford to fix.
i echo gstahl, it aint cheap.
and dont be surprised i show up at BW with a civic with a porsche badge..
if you dont think you will hit something.... you are WRONG. you WILL i guarantee it, no matter how slow you think you are. the wall WILL get you.
#245
GT3 player par excellence
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geoff you going to BW in two weeks?
#246
Rennlist Member
I have umbrella, but that only adds to regular insurance, does nothing for track use.
Yes, probably atypical but I did help formulate the business plan originally at the http://www.siebkens.com bar near Road America. The farmer bought us a few bottles worth of Dewars, so I don't remember the details. Good times that are missed sorely.
Let my insurance lapse after 48hours while the 4.0 will be as miserable and cranky as me until at least 5 more months when we can hit the track again. I'll get insurance and full clear bra wrap as soon as I book an event. I've never gone more than 8 weeks without track event since 2003, I wonder how it will be the first day? Better take it easy.
Weird to not see the pallets of RA1 inventory diminish..
Stockton and PCA insurance only goes to 100K-125K when I checked 6 months ago, with GT3's and RS checking in next year at 140K and 175K I think we found another reason they will be a rare breed on track.
Yes, probably atypical but I did help formulate the business plan originally at the http://www.siebkens.com bar near Road America. The farmer bought us a few bottles worth of Dewars, so I don't remember the details. Good times that are missed sorely.
Let my insurance lapse after 48hours while the 4.0 will be as miserable and cranky as me until at least 5 more months when we can hit the track again. I'll get insurance and full clear bra wrap as soon as I book an event. I've never gone more than 8 weeks without track event since 2003, I wonder how it will be the first day? Better take it easy.
Weird to not see the pallets of RA1 inventory diminish..
Stockton and PCA insurance only goes to 100K-125K when I checked 6 months ago, with GT3's and RS checking in next year at 140K and 175K I think we found another reason they will be a rare breed on track.
With that being said, the rep for the track insurance is accessible by phone. Nice guy. I'm sure an agreement could be struct but "ain't gonna be cheap".
Well my State Farm policy now officially will not cover me on the track. It has been a great ride until now.
Do you know any other company's beside Lockton that provide track insurance. I got a quote for my wanna be aero beetle and about fell over.
Maybe I can just buy $50k in insurance incase I smack a guard rail and not total the car. Have you thought about partial insurance?
Do you know any other company's beside Lockton that provide track insurance. I got a quote for my wanna be aero beetle and about fell over.
Maybe I can just buy $50k in insurance incase I smack a guard rail and not total the car. Have you thought about partial insurance?
The polices are all agreed value with a preset deductible. Usually 10 or 15%. So you pick the payout and the deductible. They have an online calculator so you can monkey with the numbers to see how it affects the payment.
So if you do an agv of $80k with a 10% deductible and you have a $20k oops moment, you should be looking at eating $8k and getting a check for $12k.
Personally I don't see the point unless you're going to cover the whole thing. If it's something small I'm going to pay for it myself. I have the insurance for (knock on wood it never happens) the potential of putting the car into the wall resulting in a total loss.
I'm not going to take money out of savings to go get another car, so if it's a total loss and I'm not covered, I'm out of the hobby.
Insurance is expensive but there's a certain sense of peace of mind having it.
#247
Nordschleife Master
Well my State Farm policy now officially will not cover me on the track. It has been a great ride until now.
Do you know any other company's beside Lockton that provide track insurance. I got a quote for my wanna be aero beetle and about fell over.
Maybe I can just buy $50k in insurance incase I smack a guard rail and not total the car. Have you thought about partial insurance?
Do you know any other company's beside Lockton that provide track insurance. I got a quote for my wanna be aero beetle and about fell over.
Maybe I can just buy $50k in insurance incase I smack a guard rail and not total the car. Have you thought about partial insurance?
Go look and see how much airbags alone cost
996 and 997 are pretty fragile off track
#248
Race Director
I would like to do that. You know my physical situation....what automatic that I can paddle shift is cheap?...under $15k that would still be somewhat fun?
#249
Rennlist Member
Not under $15k, but a smg m3 isn't too far off. Say you could buy a decent one for $18k and prep it for another $10k or so.
#250
Race Director
#251
Rennlist Member
Stands for "sequential manual gearbox" rather than "direct shift gearbox," but yes, it is an automated manual.
I believe it is a single clutch rather than a dual.
There are plenty of ex e46 m3 owners around here that would be happy to help you spec one out. The key would be finding a mid mile (60-80k) 2001 with smg and no sunroof. They're probably pretty rare, but it would be the best base.
I believe it is a single clutch rather than a dual.
There are plenty of ex e46 m3 owners around here that would be happy to help you spec one out. The key would be finding a mid mile (60-80k) 2001 with smg and no sunroof. They're probably pretty rare, but it would be the best base.
#253
Race Director
#255
Three Wheelin'
I had my nightmares with smg on e46 m3. Constant smg pump failure. Car doesn't start... Won't change gear... Stalls.. Another of bs...
I thought of building a stripper e46 m3 with 6 speed, custom full cage, reinforce subframe, moton/jrz/kw club coils,
For now.. I'll experiment with my 997.2 gt3 for one more yr as it is crap load of fun.
I thought of building a stripper e46 m3 with 6 speed, custom full cage, reinforce subframe, moton/jrz/kw club coils,
For now.. I'll experiment with my 997.2 gt3 for one more yr as it is crap load of fun.