My insurance company does not offer coverage for activities on a track. I don't want to drop them. Are there companies that offer one time, or track only policies that would cover me at a DE event but not on the street or do I need to change carriers?

 

http://www.anthonycompany.com Ask for Paula...

 

PCA offers track insurance. 10 events $3000 per year

 

I can't find info on this, can you post a link from the site, or even a contact name.

Thanks

 

Lots of discussion on this over at RL. If somewhat casual / relaxed DE use, you have to ask yourself if you really want to spend $4500 a year with $3k of that being for DE specific coverage, vs. changing companies and getting DE included for $1500. I know a few guys personally that just went with their standard insurance, had incidents (1 total, one almost) and both were covered 100% and they were not dropped, nor were their rates increased (you know, how insurance is supposed to work).

 

It is an excellent point about the cost, but it gives you the coverage incase something happens. I am in Canada, and we can only really buy insurance from one provider and no one covers you on DE's as they call it "testing" and find a way to not pay.

 

I'd never take a chance with insurance - just saying that if you only do a couple DE a year and your policy covers it 100% (as some do)...

 

This week, I plan on sending in an application to WSIB. http://www.wsibinsurance.com/FORMS/O...20DE%20App.pdf
My personal auto policy doesn't exclude incidents during DE, however, I am concerned about being dropped and having rates increased.

 

http://www.prosure.net/index.html

I searched for the PCA coverage but came to find that our region dropped it in favor of the guys above. The reason, much more reasonable rates.

 

You cannot rely on your standard insurer to cover an incident at a HPDE. Many events have been covered, many have not.

Legally, it is all about the policy language. There are generally two exclusions being used at present in the US.

One is an event-based restriction and excludes racing and preparation for racing. The other is a location-based restriction and excludes anything that occurs on a closed course or a racetrack.

Generally speaking, an HPDE should be covered under the event-based language but can be properly denied under the location-based language. (Not legal advice, no atty-client relationship express or implied .)

Another thing to consider is that a supplemental policy may be limited to property damage and not cover the potential personal injury or third-party liability.

A certain level of risk is an inherent part of the sport. I try to mitigate that risk through the events I choose and the way I prepare for and drive at those events.

 

Thanks for the info, I will contact them later today.

 

It looks like a number of companies are starting to offer the supplemental coverage, including several linked in this thread.

Choice is good and I am glad to see people stepping up to fill the obvious need.

 

Agreed, I am sure that the risks involved are similar to that of driving on the road. The number accidents (based on % of drivers) is probably lower then that on the road, but the potential damage value (I would imagine) is going to be higher.

Has anyone on this forum been involved in an on track DE or Lapping accident? I have not heard of anyone that has.

 

I have.

My 1993 NSX was totalled at Road America at Octoberfast 2005.

I had (and still have) the old policy language with the event-based restriction.

I was honest with my insurance company and provided them with documentation regarding the school to demonstrate it was a non-timed, non-competitive driver education event with instructors and a classroom component. In other words, not racing or preparation for racing.

After a reasonable claims investigation, they paid out in full, and only $600 less than what I paid for the car, 2.5 years and 30,000 miles earlier. And that doesn't include the $5k worth of aftermarket parts I kept after returning the car basically to stock.

I bought the wrecked car from the insurance company for $5k and sold it for a $5k profit. I could have made $10k parting it out, the engine and transmission alone were worth $7k, but I did not have the space, time (or skill) for that.

It actually worked out very well, other than losing a rare car. (One of 26 1993 Sebring Silver w/manual transmission, and onle of only 458 Sebring Silver made in total, as the color was only available 1991-1993).

Fortunately, I found another Sebring Silver. This time I went with a higher-mileage driver so I won't feel so bad if something happens.

 

Wow, I am glad to hear that you are OK. I am also glad that you were covered with your insurance. What happened in the accident? Driver error, or another car?