I predict a Riot
|
| posted on 9/8/12 at 09:03 PM |
|
|
Track day insurance
I have just booked my first track day.
I know that my road insurance doesn't cover me for track use .
What experience do people have of buying insurance for a single day on the track.
Have you gone back to your road insurers or do people buy the cover offered by the organisers.
Thanks
[Edited on 9-8-12 by I predict a Riot]
"Honesty is a very expensive gift. Do not expect it from cheap people ". Warren Buffet on Expectation
|
|
|
|
|
Ben_Copeland
|
| posted on 9/8/12 at 09:08 PM |
|
|
quote:
Originally posted by I predict a Riot
Yes, No, Maybe
Ben
Locost Map on Google Maps
Z20LET Astra Turbo, into a Haynes
Roadster
Enter Your Details Here
http://www.facebook.com/EquinoxProducts for all your bodywork needs!
|
|
|
I predict a Riot
|
| posted on 9/8/12 at 09:10 PM |
|
|
Thanks Ben
Finger slipped before brain engaged!
"Honesty is a very expensive gift. Do not expect it from cheap people ". Warren Buffet on Expectation
|
|
|
Ben_Copeland
|
| posted on 9/8/12 at 09:15 PM |
|
|
quote:
Originally posted by I predict a Riot
Thanks Ben
Finger slipped before brain engaged!
Its ok, we all do it... You just have to be quick and delete it before someone sees it 
Ben
Locost Map on Google Maps
Z20LET Astra Turbo, into a Haynes
Roadster
Enter Your Details Here
http://www.facebook.com/EquinoxProducts for all your bodywork needs!
|
|
|
jeffw
|
| posted on 9/8/12 at 09:38 PM |
|
|
REIS or Competion Car Insurance
They will load your policy as it is your first track day.
|
|
|
owelly
|
| posted on 9/8/12 at 09:43 PM |
|
|
A few years ago I got in to a rather heated debate about track day insurance. I was accused of being selfish and irresponsible as I didn't have
any trackday cover. These guys were saying that they didn't want to be on the track with someone without any insurance in case I crashed into
them. I pointed out that the cover that I was considering, which was probably the same as the cover they had, only covered my car for damage and
damage caused to the circuit/track funiture. So even if I did destroy their car, my insurance wouldn't be paying out! The small print on the
policy also stated that it reserved the right to cancel the policy if prior to any claim, I'd been driving wrecklessly. The policy also stated
that any third party claims would not cover any liabilty that was already covered by the circuit. ie, public liabilty.
Before you take out cover, read the policy very closely.
http://www.ppcmag.co.uk
|
|
|
mark chandler
|
| posted on 9/8/12 at 09:56 PM |
|
|
My DB7 is insured with Henderson Taylor, limited mileage 3000pa, includes 5 days track insurance.
The catch, XS £350 on the road, goes to £2,000 on the track and you have to notify them before you go.
Policy was £530 but then I am an old git 
Little car, I just turn up and drive, no cover on that.
Everyone signs a disclaimer before you go, I have never seen anyone plough into anyone else except on Utube, I did however get hit from behind at
Cadwell which cost me a rear arch  you just suck it up.
Regards Mark
[Edited on 9/8/12 by mark chandler]
|
|
|
pewe
|
| posted on 10/8/12 at 12:29 PM |
|
|
As a rule of thumb "if you can't afford to bin it you shouldn't be doing it"!
As mentioned above most policies will have such onerous conditions in the fine print they probably aren't worth the paper they're printed
on.
BTW REIS were obscenely expensive when I went to insure the Eunos last year- old fart, no convictions, no claims, reasonable postcode etc. etc. they
wanted over £500 on a very limited mileage policy and £5k excess on a car worth nothing like that - figure that one!
Cheers, Pewe10 
|
|
|
Custardpants
|
| posted on 10/8/12 at 04:05 PM |
|
|
I would think one of the better benefits of track insurance is if your car catches fire? Sods law the marshalls probably won't be there in time
to put it out, and then it's either a case of accepting a total loss or trying to get the car to be taken outside the circuit, I guess if it
then caught alight again youd be covered by your road insurance.
[Edited on 10/8/12 by Custardpants]
|
|
|
owelly
|
| posted on 10/8/12 at 04:11 PM |
|
|
The problem with making fraudulent claims on your road insurance is the youtube evidence that the insurance company will find!!
http://www.ppcmag.co.uk
|
|
|
Custardpants
|
| posted on 10/8/12 at 05:21 PM |
|
|
naturally.
|
|
|
parkiboy
|
| posted on 10/8/12 at 05:35 PM |
|
|
I've been wondering about this myself over the last few days.
I used to do track days in my starlet turbo and didn't bother with insurance, I was told track day accidents are rare and ur more likely to
smash ur pride and joy on the road, it was a quick car and did set me back around 7k to build (forged and around 260bhp) but I was living with my
parents back then so figured if in the unlikely event i had a bump I'd have the cash to repair and at worse buy another and move parts over,
however I did even consider damage to the track which I know can be in excess of 1000s.
Now I have responsibilities of house ownership I really can't afford to smash up a 10k car, plus being rwd and 400bhp/tonne its more likely
I'm going to have a spin or a few ropey moments so when I decide to track my mk I will be taking out insurance but I'm worried it's
going to cost a fortune, especially at 24 (or does age not matter for track on insurance?)
|
|
|
Custardpants
|
| posted on 10/8/12 at 05:52 PM |
|
|
I think the given rule is £1% of total vehicle value (at least from REIS, irrespective of age e.t.c) so a factory built MK @ 15k would be 150 quid.
|
|
|
