[Ojustracing]

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

[NataSS Inc]

Insurance fraud is a big time no no. I work in the insurance realted field and personally hate insurance companies. Especially the auto and medical field. i will 100% agree that the companies ARE NOT YOUR FRIEND and are in it to make money and a TRAIN LOAD OF IT. BUT they are a nessecary evil in the world for the afore mentioned case where someone with a policy that is 4 months old wipes out a family in a mini van. That and there inst a state in the union that does require insurance by LAW for that exact reason. There are on the other hand people in this world that are "self insured". these people are in the top .00000001% of the income steam in the nation. The ultra wealthy.

Now onto the meat of it. MOST insurance co's wont corver ANY form of automotive sport where a clock is involved. These are the co.'s that you and I generally hear about. THERE ARE companies out there that will insure a race car. As a matter of fact to participate in some events your race car is required to have insurance. The prototype division in the 24 hour Rolex Division requires insurance. Can you and I get it for our daily driver that sees track time or the trailor queen that is a wheel to wheel racer.....no. BUT one thing about insurance..........ANYTHING can be insured; for a price of course. Loyyds of London will insure just about anything. I recently had to do a very large disability policy on an very prominent NW surgeon. And due to the amount that was required and the circumstances we had to go through Loyyds. When I got the paperwork to start it, there was a whole paket with it for noghting but Pro athletes and Race car drivers. come to find out that they insure alot of the F1 drivers and quite a few of the NASCAR boys.

I have a life policy that will cover me in the event of my untimely demise behind the steering wheel of a car on a race track or "event". Yes, it does cause the premiums to go up but whats your life worth. And when I was talking with the agent he about fell out of his chair when I explained to him what I did.

Now if you say you don't race or don't ever have any intentions of racing and go out and kill yourself behind the wheel at a race track, they will say "misrepresentation" and deny your life insurance claim and refund you premium payments to you. As well as disability insurance or they will say anything that happens during "X" event is not covered. This does not apply to auto insurance (refund of premiums).

sorry so long winded.