Brian A.

In addition to offering ontrack insurance, Lockton Affinity now offers STP coverage as well. In my case STP coverage of $25k (car, tools, spares & trailer) resulted in an annual premium of $287 which I thought was reasonable.

http://pca-tsp.locktonaffinity.com/

Fooshe

The answer is yes, they do if the loss is in the USA and in Canada.

They offer the STP coverage for the thefts at the track, but it is limited to the specific items listed in the policy. On the basic form, only the race car is covered. You can add the trailer for physical damage only coverage by endorsement, if you choose. However, becareful about assuming that the coverage extends to all your stuff.

For example, your suit, helmet, gloves, hans, etc. is part of your personal property coverage you would get through your homeowners, condo or tenants policy. Now the spares, tools and the like are also not covered by the policy; however it is available by endorsement with either a scheduled property list or a blanket coverage endorsement. That being said, you have to realize that the coverage is compromised if the loss takes place away from your home and at the track. If it does, the coverage usually drops down to 10% of the coverage limit on the policy while away from the residence premises/physical policy address....which is exactly what your personal property policy says.

Furthermore, you have to remember that there are different exclusions state by state. So some questions can have State specific answers. However, none of what I am talking about here does.

Hope this helps and feel free to ask any more you want.

Fooshe

As I stated earlier...Lockton Affinity is a great policy and Ryan does a very good job with it. I also like using them for specific types of risks.

93 FireHawk 968

I use Heacock for transport, storage and theft for my track car. Very reasonable rates, $500.00 for agreed upon value of $37k.

bavarian06

can someone clarify what transit means? meaning when you drive it to the track or when its being towed to the track?

i have a hargerty policy as well for guaranteed value. but i never thought they had a policy that would insure the car for damages incurred on the track.

Brian A.

It means when your car is being transported to the track on or in a trailer. It generally does not provide coverage while the car is under it's own power, though Lockton Affinity does cover you while driving on or off your trailer.

Also I believe in many cases you cannot get STP coverage if the car is registered for the street.

bavarian06

that answers things then. i have to drive my car to events (hence registered with dmv). i better be careful on the track then!

Fooshe

Brian, the first part of this is correct. However believe that your vehicle's registered for the street is not a factor for STP coverage. If it is, this is the first I have heard about it and I deal with Hagerty, Grudny, etc. for some time now. Furthermore, Lockton will cover you on track for physical damage coverage, only.

Bavarian, you have to be careful when assuming or dismissing coverage. The number one reason is because it is not all States react the same. Some States don't recognize the track exclusion and some do. Now the carrier may not want to admit it, but they won't be able to enforce their policy exclusion if the State Dept. of Insurance won't recognize it. Hagerty is usually pretty honest about their policy and coverage enforecement. I suggest you call and speak with your agent, or hagerty directly a their customer service line, and get the information on how your policy reacts in your State.

I can tell you this, you might be surprised depending on where you live. DO NOT just take a blanket answer on a forum. While the comments are sent with good intention, they are often based on personal opinions and not on facts. Let's face it, when it comes right down to it, are you going use "But the guy on Rennlist who lives in a different State told me so." as your defense if you get into trouble?