Since I acquired the TT I have been asked many times if I'm going to take it to the track...the answer has always been overwhelmingly no.

I have 4 exact fears.

1. If I wreck my car my insurance company will say Eff you..because motorsport
2. If I get hurt my health insurance will say eff your bills...because motorsport
3. If I get disabled my disability insurance will say eff your disability...because motorsport
4. If I die my life insurance will say Eff your death...because motorsport

I know I definitely have clauses in my policies for disability and death banning coverage if injury cause by motorsports.

For guys who do track days, do you have any insurance related concerns at all, or do you just go for broke?

 

There are lots of companies like Lockton that provide track day insurance. I track my TTS and a 2013 M3 on occasion and it would be silly for me not to have insurance. You have to check your policy re medical coverage, but I didn't see an out in my medical insurance for motor racing activities. Also for life insurance I included that I particulate in car racing events in my policy questionnaire.

 

Correct me if I'm wrong but I believe track insurance only covers the car. You may be correct on the health insurance bit, but still a risk. Can you imagine your carrier denying 45K in health claims....scary as heck for me.

 

Fwiw , When you say track event do you mean pca driver education or race event , if its PCA DE my insurance does cover me in the event of an accident , bc its educational with an instructor so explain and check with your insurer

 

Same for me doing HPDE.....medical insurance as well.

I have spoken to couple of drivers at HPDEs who have had incidents on track that resulted in car damage. They were covered by insurance because it was a driver education event with instructors. This is a not to say that every insurance company will cover you for HPDE. I don't know if my insurance would cover me if I was in a solo group (I will check when I get to that point). I am sure that some policies, especially budget ones, will not cover anything off of public roads.

With all that said, I am honesty not exceptionally concerned that my car will be damaged at PCA HPDE events due to how they are run. My wife and I have two cars on track, an 06 Cayman (mine) and 14 Cayman (hers). She did her 1st HPDE with 6k miles on the car. I have also tracked by 07 turbo twice. Once you track a Porsche, you never turn back. If you are concerned about damage and not covered by your street insurance, then go for track insurance..

 

Track insurance is a good idea, but if you're afraid of wrecking definitely do not go to the track. I'm not trying to be a smart ***, please don't take it the wrong way. In my experience at the track with various Porsche/driving hpde schools, the two most dangerous run groups are the green with zero experience and a fast car, and the intermediate solo drivers who tend to take chances.
Anytime I've ever seen somebody worried about crashing, they usually do. There's plenty of time and track days in the future, go when you're reafy.
I'd highly suggest you check out the Porsche sport driving school in Alabama, you use their cars, pro instructors, full insurance coverage, and see if you're into it or not.
Good luck
C

 

I've tracked in the past when I had an Evo, but I still consider myself a novice when it comes to actual experience. I am not afraid of learning, but more so the ramifications if anything goes bad while learning.

Multiple people have vouched for car and medical being covered under certain circumstances. Where the money game is with disability and life insurance. Out of everything, these are the two I'm most scared/uncertain about. **** can happen...whether you want to or not.

 

I used to track my modified '05 CTS-V and had an absolute blast do so. I fully intended to track my '07 Turbo but then it threw a connecting rod bearing just driving around with a modest tune/exhaust. After dumping $30k into my built engine I am very hesitant to risk breaking something again.


I'm also 42 years old and still have some things to get paid off (business/home/investment homes/etc) and don't want to void my disability and life insurance policies. Once those things are taken care of I may be more apt to take to the track.

 

I dont have time to track my car. Too busy banging all the chicks i pick up with it!

 

Awesome. I USED to have that problem...

 

You sound risk adverse and I would argue that this is as safe as you can get given the adrenaline rush it provides. You have a 3,500 lb cage around you and you are typically not pushing the limits in an instructional track day. There are some track day companies out West here who are notorious for stuffing as many people on the track as possible - I stay away from those. PCA or BMW CCA have good events and you can also find the track day companies known to put on better events with participant and run group limits.

When I moved to California from Hawaii 8 years ago I needed an adrenaline rush substitute from surfing the North Shore. Car racing does it and I can tell you that I almost died many times surfing and am living with chronic neck and back pain from getting "rag-dolled" and wiping out over the years. Sure I've had some a couple "offs" but nothing that even damaged my cars except some small rock chips, and have never even been close to getting hurt.

 

I always get track insurance for DE events for the FULL value of my car. Be sure you carefully read any track insurance policy you buy. Most provide that if they have to pay 100% of the policy amount that your car is considered a total loss and they get the car as salvage. So, if you have a $100,000 car and decide that since you will only drive at 6/10th, if you crash it will not cause more than $25,000 in damage and only buy $25,000 in coverage. And then you crash causing $25,000 in damage. In that event, the insurer pays you $25,000 and gets your $100,000 car. Not a good result for you. Read the policy carefully and buy a policy that will pay you up to the full value of your car.

 

LMFAAAOOOOOOOO!! that's awesome LOL!!

 

If you don't track a tt once in a while, then where in world do you ever drive it like its meant to be driven?

 

Burn Meter, you bring up some great points. I like the name by the way, it really fits this thread.


I'll need to check my insurance now. I agree with the PCA events, don't go out and win the big trophy but rather, learn your car and possible some new tips.


This may just make you a better street racer where Insurance still applies.