Rokket

I have been racing a 944TS for about 10-years now, and recently bought a GT3 Cup Car. Obviously the 944 TS was not a big deal if I cracked it up...a few clicks on ebay and voila...cheap parts on my porch via UPS. The Cup car on the other hand is going to be stupid expensive if there is an ON TRACK incident.

Anybody know a company that insures cars on track (About 10-races a year)?? Been able to find DE insurance but no racer's.

Thanks!

Hella-Buggin'

I thought Lockton had a racer package.

333pg333

How much can you guys get insurance for?

Rokket

[B]Thanks for the tip on Lockton Insurance. However, they only cover DE events or STP (Storage-Paddock-Trailer) not racing. [B]

raclaims

Call Morgan Duffy at HWI in Massachusetts...I can get you his info if you need it.

RJFabCab

I, too, seek the holy grail.

Subscribed

analogmike

been using Peter Sereda for years, Laurel Consulting Group

HWIMotorsports

Hey guys & thanks for the shout out raclaims. So this is exactly my area of expertise. I can do legit Agreed Value On-Track Physical Damage coverage for HPDE, Club Racing and Country Club Member Days underwritten by one of the most recognized and largest insurance companies in the world. I'll be upfront that this coverage comes as part of a package and to qualify I have to provide at least coverage on your home(s), regular autos & umbrella. That said all the coverage I offer is second to none. Shoot me an email if you would like info. morgan@haydenwood.com.

LuigiVampa

I am looking for race insurance and spoke with Peter today. Great guy and the price for the insurance is actually cheaper if you do a lot of DE and races. Last year I did about 12 DE events. I figure Lockton's premium for DE insurance would come to about $5k. Peter's quote is unlimited for DE, races, test and tune, etc.

The problem is its about $7,500 all due at once.

Transportation down to Sebring, tires, entry fee, track support, hotel, airfare, food, new race suit, helmet, brakes and other stuff to get my car ready. Big money.

Add to this Christmas and end of year taxes and other expense. My budget is getting stretched.

Other than taking up a cheaper hobby does anyone know of a one off race insurer? The other companies in this thread don't seem to offer something for amateurs.

Drew_K

I'm strongly in the self insure camp. I never buy extended warranties and I also believe you shouldn't race something that you can't walk away from financially. So if you need insurance to make racing that car financially feasible...not saying that's necessarily you.

LuigiVampa

So I should just drop all of my insurance? Drop it on my track car, perhaps my tow vehicle and trailer as well? Let me just write off $100k if I wreck everything driving to the track? I should stay home if I can't suck it up if I wreck my car on the track? Wow, those GT3 guys must be a bunch of pansies taking out insurance on their cars!

Perhaps you don't understand the concept of insurance. Its to manage a risk that you can't, or don't want to, assume on your own. But thanks for the least helpful response I have ever receive on RL.

RickBetterley

Insurance threads tend to attract unhelpful responses. Yours is a classic - 'where can I buy insurance for my...' Response 'don't buy insurance it's stupid...' 😄
I guess it's the nature of posting.

LuigiVampa

I guess I view it in the same light as telling someone that if they can't afford to eat at Spark's Steakhouse they shouldn't eat steak at all. Some people need to be smacked upside their head with their keyboard every one in a while.

That being said, it looks like I am going with Peter Serida. I'll suck it up and then not have to worry about it for a year.

Sent from my iPhone using Rennlist

Dan Jacobs

I've been happy with both Drew Morici @ Responsive 945 282 1127
and Peter Sereda @ Laurel consulting 888-305-4442
Unfortunately I've had claims with both these guys
and they have both been complete gentlemen in settling.
Drew is in Fl if that helps the OP

LuigiVampa

Thanks Dan. Getting my info to Peter Sereda.