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Ojustracing
post Jan 13 2004, 12:33 AM
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Well just as the title says, What does everybody do for insurance when they are on the track. AX car may not have a problem but RR cars can have a big problem. I understand the risks and all that jazz, but disaster can happen at any time. then what do you do? Do they have an optional policy from a differnet carrier that would cover something like that or are you Shit out of luck. (IMG:http://www.frrax.com/rrforum/style_emoticons/default/sad.gif) Later John
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Jeff97FST/A
post Jan 14 2004, 04:24 PM
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QUOTE (mjf454 @ Jan 14 2004, 09:23 AM)
I think they should cover you if it is not a timed event. You pay through the nose for 20 years and the first time you need them you get cancelled. Say you pay $1200.00 a year for 20 years and you get creamed in a intersection. Now you either get cancelled or your policy goes up so much you cant pay it anymore. Meanwhile you have already paid out 10 times the amount the insurance will have to pay.

With respect to Mel Brooks, "It's good to be the King"!

Has anyone checked into dedicated track coverage? Probably costs a small fortune, but may be worth it, especially from a bodily injury, liability, or, God forbid, worse things.

For Autox I'm just payin my money and takin my chances. If I ever decide to jump into the RR ring, though...

Maybe the Street insurance carriers would feel a little better about our hobby if their risks were lessened?
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Posts in this topic
Ojustracing   Racing and Insurance   Jan 13 2004, 12:33 AM
mjf454   Some insurance companies will cover a hpde event a...   Jan 13 2004, 01:04 AM
Nemesis   When I tagged the wall at Memphis in '01, I tu...   Jan 13 2004, 02:13 AM
94bird   Chad's scenario isn't that uncommon. I kno...   Jan 13 2004, 02:48 AM
sgarnett   I would never even turn in an accident that happen...   Jan 13 2004, 03:25 AM
Ojustracing   QUOTE (Nemesis @ Jan 12 2004, 08:13 PM)When I...   Jan 13 2004, 03:30 AM
KeithO   I had always planned on not telling them if an inc...   Jan 13 2004, 11:07 AM
mitchntx   I'm taking a more military tact ... don't ...   Jan 13 2004, 12:39 PM
Dewey316   Would it be possible for you guys who have had goo...   Jan 13 2004, 02:57 PM
AllZWay   I pretty much have taken the stand that if I wreck...   Jan 13 2004, 03:27 PM
mitchntx   QUOTE (Dewey316 @ Jan 13 2004, 08:57 AM)Would...   Jan 13 2004, 03:56 PM
Pat Newton   QUOTE (mjf454 @ Jan 12 2004, 07:04 PM)Some in...   Jan 13 2004, 06:37 PM
mjf454   QUOTE (Pat Newton @ Jan 13 2004, 10:37 AM)QUO...   Jan 14 2004, 01:59 AM
Pat Newton   I have nothing to do with the insurance industry. ...   Jan 14 2004, 05:27 AM
sgarnett   QUOTE (Pat Newton @ Jan 13 2004, 01:37 PM)Ins...   Jan 14 2004, 01:50 PM
98_1LE   I have reviewed my State Farm policy, and it looks...   Jan 14 2004, 02:13 PM
mjf454   I think they should cover you if it is not a timed...   Jan 14 2004, 02:23 PM
Jeff97FST/A   QUOTE (mjf454 @ Jan 14 2004, 09:23 AM)I think...   Jan 14 2004, 04:24 PM
Dewey316   QUOTE (mjf454 @ Jan 14 2004, 08:23 AM)Say you...   Jan 14 2004, 05:23 PM
mitchntx   Insurance companies are great at marketing their p...   Jan 14 2004, 06:48 PM
mjf454   RE: Racing and Insurance   Jan 14 2004, 06:53 PM
NataSS Inc   Insurance fraud is a big time no no. I work in th...   Jan 14 2004, 10:27 PM

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