State Farm to exclude DE!
#76
Originally Posted by Crazy Canuck
Carm,
I'm covered with Scottish & York (an Aviva company) through HUB Insurance and they have verified with the underwriter that I'm covered. Santi just switched from State Farm to S&Y last week. Absolutely no timing allowed but advanced driving instruction is ok.
I'm covered with Scottish & York (an Aviva company) through HUB Insurance and they have verified with the underwriter that I'm covered. Santi just switched from State Farm to S&Y last week. Absolutely no timing allowed but advanced driving instruction is ok.
/Ciao
#77
Originally Posted by Phokaioglaukos
Carm, surprising how many Porsche drivers also have Ducs. Our bikes don't get much street use any more, either.
#78
Does this new State Farm wording, and wording similar to it in other policies, suggest that even the casaul tracker need specific pit and paddock insurance to cover their car while in the paddock? It would seem to me that you might not have a claim if your car suffered damage simply sitting in the paddock, let alone on the track. I'd be curious to know what people think and if folks are worried about that.
#79
Originally Posted by DrJupeman
Does this new State Farm wording, and wording similar to it in other policies, suggest that even the casaul tracker need specific pit and paddock insurance to cover their car while in the paddock? It would seem to me that you might not have a claim if your car suffered damage simply sitting in the paddock, let alone on the track. I'd be curious to know what people think and if folks are worried about that.
At one event I was at this year there was an accident in the pit area. A drive/car was in a hurry to get to staging so they just backed out of their spot without looking. They ended up bumping into a very nice BMW track car. The person who caused the damage tried to claim they did not have track insurance on their car. The BMW owner was wise enough (a women by the way) to say, well you have insurance for the pickup you are driving that hauls your track car. The Porsche driver had to surrender their car insurance information to the BMW driver. I for one was glad the BMW driver persisted. They were not at fault at all and their BMW was in mint condition.
#80
Just got my new policy from Liberty Mutual. The exclusions read very specificly in each section (yes I read the whole dam thing):
....any vehicle located inside a facility designed for racing, for the purpose of:
a. competing in; or
b. practicing or preparing for;
any prearranged or organized racing or speed contest.
....any vehicle located inside a facility designed for racing, for the purpose of:
a. competing in; or
b. practicing or preparing for;
any prearranged or organized racing or speed contest.
#81
Originally Posted by DanS911
....any vehicle located inside a facility designed for racing, for the purpose of:
a. competing in; or
b. practicing or preparing for;
any prearranged or organized racing or speed contest.
a. competing in; or
b. practicing or preparing for;
any prearranged or organized racing or speed contest.
#83
Sorry to burst your bubble, but read the language more carefully.
While it is true that a DE is not held for the purpose of competing in, practicing for, or preparing for a race, they are always conducted at racetracks, which unquestionably were designed for racing.
The policy says that it does not cover vehicles LOCATED WITHIN a facility designed for racing.
So, if anyone wads up their car at a DE while on the property of the racetrack, even if it is their street car that just gets hit in the paddock and they are not a registered DE participant, the damage would not be covered under this policy. This provision is, from the insurance company's perspective, very clever, because is focuses solely on location rather than activity. Location, location, location
Ironically, they would be covered (or more accurately stated, would not be excluded under this provision) if they instead wadded up their car just off the grounds of the racetrack.
Before anybody gets any bright ideas, remember that insurance fraud is a felony in many states . . .
Of course, a good lawyer would argue about what the meaning of "facility" is and whether all parts of the property of the racetrack were designed for racing, preparing for racing, etc . . .
While it is true that a DE is not held for the purpose of competing in, practicing for, or preparing for a race, they are always conducted at racetracks, which unquestionably were designed for racing.
The policy says that it does not cover vehicles LOCATED WITHIN a facility designed for racing.
So, if anyone wads up their car at a DE while on the property of the racetrack, even if it is their street car that just gets hit in the paddock and they are not a registered DE participant, the damage would not be covered under this policy. This provision is, from the insurance company's perspective, very clever, because is focuses solely on location rather than activity. Location, location, location
Ironically, they would be covered (or more accurately stated, would not be excluded under this provision) if they instead wadded up their car just off the grounds of the racetrack.
Before anybody gets any bright ideas, remember that insurance fraud is a felony in many states . . .
Of course, a good lawyer would argue about what the meaning of "facility" is and whether all parts of the property of the racetrack were designed for racing, preparing for racing, etc . . .
#84
Yeah I think that State Farm paragraph was pretty clear also. My policy currently has the following, so I think, at least for now, I'm in good shape:
...resulting from any pre-arranged or organized
racing, speed or demolition contest, stunting
activity, or in practice or preparation for any
such contest or activity
...resulting from any pre-arranged or organized
racing, speed or demolition contest, stunting
activity, or in practice or preparation for any
such contest or activity
#85
TD in DC,
You can't separate the sentence into it's constituent parts. The phrase is:
"....any vehicle located inside a facility designed for racing, for the purpose of:" and "for the purpose of" is the crucial part. Otherwise, you could have a support vehicle that gets backed into inside the track and it would'nt be covered by insurance.
Jim
You can't separate the sentence into it's constituent parts. The phrase is:
"....any vehicle located inside a facility designed for racing, for the purpose of:" and "for the purpose of" is the crucial part. Otherwise, you could have a support vehicle that gets backed into inside the track and it would'nt be covered by insurance.
Jim
#88
Well, I will keep an open mind but it is hard to tell the way you cut out only part of the sentence. Put in the whole provision so I can see it in context. Keep in mind that I want you to be right, so don't take my skepticism the wrong way.
And Charlie, you can get the companies to pay even when they arguably don't "have" to. All you have to do is make them think it is more expensive not to pay than it would be just to pay.
And Charlie, you can get the companies to pay even when they arguably don't "have" to. All you have to do is make them think it is more expensive not to pay than it would be just to pay.
#89
Originally Posted by TD in DC
And charlie, you can get the companies to pay even when they arguably don't "have" to. All you have to do is make them think it is more expensive not to pay than it would be just to pay.
#90
Originally Posted by DrJupeman
It is quite possible that was their decision, though we did avoid court... I'm still a Liberty Mutual customer, too. My rates went up for an "at fault incident" (fair), but ironically they applied the increase to my Ford Excursion and not the Porsche.