Did anyone here have to trigger their insurance for an incident at the track? OR do you push the car out on the street and tell the insurance company that "I went to take a leak turned around and the car was damaged"

 

Honesty is the best policy...and this is coming from a lawyer. If the insurance company even smells that you are not being truthful they will void your policy. Not worth risk. Read you policy. If there is no exclusion chances are you will be covered in a DE.

 

I was kidding. I am also a lawyer. I just wanted to know whether someone had an experience at the track where they had to deal with their insurance company.

 

I know two people who filed claims from the track without issue.

 

My .02

Most companies in the last few years have changed the wording in their policies to specifically exclude anything at a racing facility and not on a public road. This means even if you have an accident in the pits or parking lot at the track you likely will not be covered. Might be able to argue with the company but it will take effort. When I got my State Farm policy back a few years I specifically clarified that DE's were covered but in a renewal about a year ago there's now an exclusion clause in my policy that prevents me from being covered anywhere on the premisis of the track basically. I'd have to look at the specific wording but it's in there. We do still have a provider here that is a track sponsor for Mid Ohio that will cover DE claims but I have a very good friend going through the process right now and the company is being less than cooperative about his claim.

I work for an insurance carrier, wrote rating code for nearly 10 years and can tell you that you would be very very reckless to assume anymore that you will be covered at the track unless you specifically have proof in writing.

Back to rates, State farm has over 40% share of the market in the US. This and their cost structure internally allows them to be a leader in rates. For individuals with clean records and relativel low risk nobody can beat their rates. However when you start to have strikes against you they do a very good job of analyzing risk and charge accordingly.

If I were the OP I'd check with Progressive. They're right up there with State Farm as far as being able to provide low rates because of their cost structure as a company. Many avoid them because they don't like the fact that they don't have traditional offices or exclusive agencies but it's what allows them to be competative on the rate front.

IF you Qualify for USAA they would also be very hard to beat. Not all of us have that luxury though.

FWIW, I realize my GT3 is an '04 and not a new one AND we live in the midwest so our rates are lower in general but I think we pay < $600 a YEAR for coverage on our GT3. 2 drivers in household, 5 cars, home and other products also with our current carrier.

Andy