Preferred Track Insurance Company?
09-02-2018 | 11:28 PM
#1
Thread Starter
Instructor
Joined: Apr 2018
Posts: 226
Likes: 61
From: Ohio
Preferred Track Insurance Company?
headed to my first HPDE in two weeks at Mid Ohio. Got my Tech Inspection scheduled, and everything packed. Does anyone have a preferred track insurance company that they could recommend?
Matt
Matt
09-03-2018 | 08:23 AM
#4
Joined: May 2010
Posts: 1,997
Likes: 38
From: Saratoga Springs, NY
Open track makes it real easy.....buy your policy and never worry about adding an event to your "package" unlike Lockton.......drive as often as you like, if you purchase a yearly policy....otherwise, Steve Katz at On track is great to deal with, but doesn't cover Canada, if you go North of the border
09-03-2018 | 08:51 AM
#5
Rennlist Member
Joined: Jun 2015
Posts: 3,600
Likes: 667
Open Track now also offers single-day or multi-day insurance and has no problem with Canada. Best pricing, too. It's the only insurer I have found where the multi-day rate reduces the price on a per-day basis. All others, price is the same whether it's a one-day or multi-day event, which makes no sense to me.
09-03-2018 | 11:24 AM
#7
Rennlist Member
Joined: May 2015
Posts: 134
Likes: 10
From: Scottsdale
I've used Lockton mostly, but their website was locked up this past Friday morning (and office closed for the weekend 
) as I was trying to get out of town for a track weekend so I tried Open Track. Yes, their rates were cheaper and they had some sort of liability coverage option in case you hurt someone else. Luckily, no incidents over the weekend but the insurance sure does add some piece of mind while tracking such an expensive car. I have a hard time not tracking at 9/10's even in a street car.
I will say that Lockton says they cover for time trials, which none of the other ones do to my knowledge.
) as I was trying to get out of town for a track weekend so I tried Open Track. Yes, their rates were cheaper and they had some sort of liability coverage option in case you hurt someone else. Luckily, no incidents over the weekend but the insurance sure does add some piece of mind while tracking such an expensive car. I have a hard time not tracking at 9/10's even in a street car.I will say that Lockton says they cover for time trials, which none of the other ones do to my knowledge.
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09-03-2018 | 03:11 PM
#8
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Joined: Mar 2017
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Likes: 1,011
From: Northern Colorado, USA
09-03-2018 | 03:59 PM
#9
Racer
Joined: May 2017
Posts: 378
Likes: 6
From: pseudoscience
I've been using open track. For me, they have been the cheapest based on the value of my vehicle. No experience with claims for any of them.
Their rates are a bit more friendly for cars that are a bit more expensive. Playing around with their website I noticed that the quoted rate was the same if I entered between $35k and $55k as my car's value value.
My other friends who's cars are worth <$35k say that opentrack is not the cheapest option for them.
It is also state specific. I had two opentrack policies for back-to-back weekends in different states and there was a 30%+ difference in price between each.
Their rates are a bit more friendly for cars that are a bit more expensive. Playing around with their website I noticed that the quoted rate was the same if I entered between $35k and $55k as my car's value value.
My other friends who's cars are worth <$35k say that opentrack is not the cheapest option for them.
It is also state specific. I had two opentrack policies for back-to-back weekends in different states and there was a 30%+ difference in price between each.
09-03-2018 | 05:01 PM
#10
Thread Starter
Instructor
Joined: Apr 2018
Posts: 226
Likes: 61
From: Ohio
Thanks everyone! Looked into them all. OpenTrack has a good rate and offers Liability Insurance. $216 plus $150 for Liability, but $97 taxes & fees. Hagerty is $289. On Track is $286 plus $25 process fee. For me it’s a toss up. The big concern with insurance companies is their reputation. Has anyone had any experience with any of these in making a claim? Hagerty is a well known company. On Track uses Great American Insurance. Not sure what OpenTrack uses.
Any my insight would be appreciated.
Matt
Any my insight would be appreciated.
Matt
09-03-2018 | 05:06 PM
#11
Thread Starter
Instructor
Joined: Apr 2018
Posts: 226
Likes: 61
From: Ohio
I've been using open track. For me, they have been the cheapest based on the value of my vehicle. No experience with claims for any of them.
Their rates are a bit more friendly for cars that are a bit more expensive. Playing around with their website I noticed that the quoted rate was the same if I entered between $35k and $55k as my car's value value.
My other friends who's cars are worth <$35k say that opentrack is not the cheapest option for them.
It is also state specific. I had two opentrack policies for back-to-back weekends in different states and there was a 30%+ difference in price between each.
Their rates are a bit more friendly for cars that are a bit more expensive. Playing around with their website I noticed that the quoted rate was the same if I entered between $35k and $55k as my car's value value.
My other friends who's cars are worth <$35k say that opentrack is not the cheapest option for them.
It is also state specific. I had two opentrack policies for back-to-back weekends in different states and there was a 30%+ difference in price between each.
I wonder if there is a difference in premium based on the specific track, as well. One might be safer then the other, depending on distance off the track to walls, other obstacles, etc., maybe even track difficulty. Curious if that’s true.
09-03-2018 | 06:53 PM
#12
Racer
Joined: May 2017
Posts: 378
Likes: 6
From: pseudoscience
Thanks everyone! Looked into them all. OpenTrack has a good rate and offers Liability Insurance. $216 plus $150 for Liability, but $97 taxes & fees. Hagerty is $289. On Track is $286 plus $25 process fee. For me it’s a toss up. The big concern with insurance companies is their reputation. Has anyone had any experience with any of these in making a claim? Hagerty is a well known company. On Track uses Great American Insurance. Not sure what OpenTrack uses.
Any my insight would be appreciated.
Matt
Any my insight would be appreciated.
Matt
It's possible. The difference in mine was from a $50 "Administrative Fee".
