My question about insurance is NOT about track insurance. How is everyone protecting their asset when the car is on a trailer or merely parked in garage? Should I keep regular insurance to protect myself from car theft? Or do folks go with some home umbrella insurance? Or no insurance at all?

Car will never go on the street again.

thanks.

 

I don't insure but I know a few people who use these guys.

https://www.hagerty.com/Insurance/Motorsports-Insurance

 

Yup, I insure mine for garage/paddock/transport with Hagerty. It covers an agreed-upon value for the car every moment except when it is actually on track. Dirt cheap.

 

Garage/Transport insurance here. Very cheap through Hagerty.

 

State Farm I think comprehensive. Basically theft/fire. Hadn't thought of Hagerty, but I think the State Farm is only like $16/month.

 

Lockton Motorsports - Transit, Storage and Paddock Scheduled Property Floater which also includes my trailer.


They offer a PCA discount.

 

Very cool guys. Thanks! This makes sense.

 

If your car ever gets stolen, perhaps trailer and car, the coppers won't look real hard for your car if it is not currently registered. And you need insurance to get the car registered.

 

Many states have registration for inoperable vehicles. No insurance needed.

 

You might want to consider getting a low mileage insurance. Try visiting here http://www.yepmarket.com/all-about-low-mileage-car-insurance.

 

Hagerty...reputable, nice folks, quite helpful.

 

I have had the STP type insurance with a couple different companies and I would +1 for Hagerty (who I currently have)

Ed

 

Also check out Westfield Insurance. I was surprised to find that they have coverage available for race car storage and transport. Have used them for our farm/business coverage and they were able to do my cars and trailers as well...We are lucky here in Northern Ohio as one of their reps is an avid racer.

 

I had Hagerty which I also sell. At renewal about one year ago, I quoted Lockton Affinity and the premium was half. I also liked that you are able to add values for everything from cage, shocks, wheels, etc. covers the car anywhere except while on the track.

If anyone has Comp with a standard carrier as suggested above, you need to change that. When you have modified your car from stock the Comprehensive coverage form will significantly reduce the payment of a covered loss.

 

Disagree. Do not think that a standard market will handle the money you have in a track car. It will not.

Go Hagerty, Lockton, or other specialty market that knows about our cars and the investment you wish to insure