Attn Texas DE'ers: change in insurance law impacts DE and track day coverage
04-10-2007, 01:57 PM
#31
Rennlist Member
Originally Posted by 02 Carrera
There are other options if you have an incident. I have discussed this with my insurance agent. You just tell them you have the incident on the street. Keep in mind an accident at the track won't have a police report. You just have the car transported to the shop for repair and call it in as a normal street accident. Most insurance companies do not require a police report to pay a claim if there are no other vehicles involved.
Idiot.
04-10-2007, 01:57 PM
#32
Nordschleife Master
I was looking at the Marque Madness III DE at VIR in June (http://www.gws-mbca.org/MarqueMadness.html). One thing I noticed in the "Important Information" section is the statement "INSURANCE: All cars must have at least $100,000 in liability insurance". 
04-10-2007, 02:08 PM
#33
Race Director
Originally Posted by Lemming
I was looking at the Marque Madness III DE at VIR in June (http://www.gws-mbca.org/MarqueMadness.html). One thing I noticed in the "Important Information" section is the statement "INSURANCE: All cars must have at least $100,000 in liability insurance".
They also state this...
CARS: Cars must be street-legal, quiet, and must have passenger seats. .....
Hmm my race car does not have insurance. Of course it is not street legal either. If it were street legal it would be liability only and would meet the 100k minimum. It does have passenger's seat and is quiet with stock muffler however.
04-10-2007, 02:28 PM
#34
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I'll bet you'll be glad to know that this post is now available to your friendly neighborhood insurance fraud investigator. Yikes...
Originally Posted by 02 Carrera
There are other options if you have an incident. I have discussed this with my insurance agent. You just tell them you have the incident on the street. Keep in mind an accident at the track won't have a police report. You just have the car transported to the shop for repair and call it in as a normal street accident. Most insurance companies do not require a police report to pay a claim if there are no other vehicles involved.
04-10-2007, 02:52 PM
#35
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Originally Posted by 02 Carrera
There are other options if you have an incident. I have discussed this with my insurance agent. You just tell them you have the incident on the street. Keep in mind an accident at the track won't have a police report. You just have the car transported to the shop for repair and call it in as a normal street accident. Most insurance companies do not require a police report to pay a claim if there are no other vehicles involved.
If you want to be protected, buy racing/DE insurance. Don't whine because you're too cheap to buy the right coverage.
04-10-2007, 03:18 PM
#36
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Originally Posted by 02 Carrera
There are other options if you have an incident. I have discussed this with my insurance agent. You just tell them you have the incident on the street. Keep in mind an accident at the track won't have a police report. You just have the car transported to the shop for repair and call it in as a normal street accident. Most insurance companies do not require a police report to pay a claim if there are no other vehicles involved.
04-10-2007, 03:26 PM
#37
Burning Brakes
Originally Posted by 02 Carrera
There are other options if you have an incident. I have discussed this with my insurance agent. You just tell them you have the incident on the street. Keep in mind an accident at the track won't have a police report. You just have the car transported to the shop for repair and call it in as a normal street accident. Most insurance companies do not require a police report to pay a claim if there are no other vehicles involved.
Most insurance companies will require a police report for fraud.
04-10-2007, 04:41 PM
#41
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Yeah, and I decided that clean-shaven beats that facial mullet, too.
