when road racing, what do you guys do in the event of an accident?

do you just lie to your insurance companies and tell them you wrecked on main street?

 

Racing cars are generally not insured and I am pretty sure an insurance company adjuster, seeing numbers, rollcage and whatever else, would have a very hard time believing it's your street car.

Writing off your race car is the risk you take when going roadracing and if you can't afford to do that, you don't need to be on the race track. This also applies when renting somebody elses car. Along with the rental fee, you have to be prepared to either fix the car at your expense or purchase it outright if wrecked at an agreed to value before you ever step foot in it.

 

Road racing in this case i think means HPDE.

Seems like insurance cos has been covering HPDE losses, but as the activity gets more popular I am sure they will be excluded. Check you policy. Most these days only exclude timed events and any good HPDE group will have it in writing that they strictly forbid timing and are for driver education purposes only. If your policy out right excludes track use, you will be on your own if you stuff the car.

Read your policy. Insurance fraud is a crime. If you lie, better hope your story holds up.

Wheel to wheel racing is on the driver/owner's dime.

 

On a side note... Many of the "major" car rental co's are now specifying coverage only on public roads and specifically mentioning race tracks as no-no's. So much for wadding up the Gran Prixs.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SPiFF &raquo;</TD></TR><TR><TD CLASS="quote">Seems like insurance cos has been covering HPDE losses, but as the activity gets more popular I am sure they will be excluded. Check you policy.</TD></TR></TABLE>

Definitely check your auto insurance policy. Mine specifically denies coverage for damage done while participating in any on-track activities.

 

Gecko said no to me. One more reason that is keeping me from running the Accord on track.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mr.E.G. &raquo;</TD></TR><TR><TD CLASS="quote">do you just lie to your insurance companies and tell them you wrecked on main street?</TD></TR></TABLE>

Moron?
Just asking ...

 

It is rumored that a Porsche driver who wrecked his car at Road Atlanta during a DE event got his insurance company to cover the damages. I was there and the car was hurt pretty bad after crashing inside of T3. Anyway, story is he told them it happened off of Hwy. 53 after he ran off the road into a ditch. Not entirely untrue...

 

When I wrecked on-track, I found a cheap replacement chassis & started stripping parts off the old car, then sawzalled the chassis into smaller pieces & threw it away. It helps, of course, that the replacement car was $500 and came with a $400 set of shocks I was planning on buying anyway.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by bulldog_RS20 &raquo;</TD></TR><TR><TD CLASS="quote">On a side note... Many of the "major" car rental co's are now specifying coverage only on public roads and specifically mentioning race tracks as no-no's. So much for wadding up the Gran Prixs. </TD></TR></TABLE>

Boo! I think they all say that in the contracts. You can't even drive them on a gravel road if you rent with Avis (or was it Enterprise?) ... damn those rental agreements.

My impression of the "full coverage" insurance they give you, is basically no questions asked, just bring back what's left of it.

-Chris

 

Those BS insurance fraud claims are the reason that many insurance companies won't even provide street liability coverage if they know that a car is used for motorsports. This makes it hard to do the right thing to insure rally cars or street-licensed racers, even if there is no coverage for damage.

Note the difference here between the words "liability" and "damage." The first is just protection for OTHER people on the street. Unlike some people, I'd never expect that my on-track screw-ups should be covered. Anyone who does is helping to screw up the system.

K

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Chris F &raquo;</TD></TR><TR><TD CLASS="quote">Boo! I think they all say that in the contracts. You can't even drive them on a gravel road </TD></TR></TABLE>

there's a road near Queenstown, New Zeland that has a sign at the beginning of it that says "All rental car insurance void beyond this point". Its a one lane gravel road thru a canyon with hundred plus foot drop off to the river below. Being NZ you're still welcome to drive your rental car there, but if you wad it up, well, then, thats a bit of hard luck, isn't it?

gosh, I love NZ.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Chris F &raquo;</TD></TR><TR><TD CLASS="quote">
My impression of the "full coverage" insurance they give you, is basically no questions asked, just bring back what's left of it.
-Chris</TD></TR></TABLE>

We never had any problems with the rental car companies insurance during our rallying days. We certainly weren't the easiest on the cars either and there were definitely things that we claimed, ie broken windows, dented body panels, bent wheels, covered in mud-inside and out. We were always straight up about how and where the damage occurred and the clerks never flinched at proccessing the claims.


<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Knestis &raquo;</TD></TR><TR><TD CLASS="quote">Unlike some people, I'd never expect that my on-track screw-ups should be covered. Anyone who does is helping to screw up the system.
K</TD></TR></TABLE>

What he said.

Rick

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Knestis &raquo;</TD></TR><TR><TD CLASS="quote">Note the difference here between the words "liability" and "damage." The first is just protection for OTHER people on the street. Unlike some people, I'd never expect that my on-track screw-ups should be covered. Anyone who does is helping to screw up the system.</TD></TR></TABLE>

Might I add that anyone who trys to defraud their way into getting their insurance company to cover it is a dirty, low-life, criminal. Not much different then the punks who claim their car was stolen so they can buy aftermarkets with the claim money.

 

My dad is an insurance saleman who had a guy try to get his offroad race truck- Ranger or something like this- covered after he wrecked it on track. I guess he towed it to the side of a road and claimed that he went off the street and rolled the truck. I guess all was well until the adjuster or someone saw the truck and noticed the class name, numbers and cage in the truck and then denied the claim...

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by zygspeed &raquo;</TD></TR><TR><TD CLASS="quote">

Moron?
Just asking ... </TD></TR></TABLE>

i didnt ******* say that i was going to do this, i said what do you guys do.

not for advice but just to get an understanding. is there such a thing as racing insurance? or a normal policy that will cover racing.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mr.E.G. &raquo;</TD></TR><TR><TD CLASS="quote">when road racing, what do you guys do in the event of an accident?

do you just lie to your insurance companies and tell them you wrecked on main street?</TD></TR></TABLE>

There is coverage for racing cars, but its generally about 1/6th the value of the car for each event ... and, you have to buy it BEFORE anything happens.

So yes, I stick by my previous inquiry/statement.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mr.E.G. &raquo;</TD></TR><TR><TD CLASS="quote">is there such a thing as racing insurance? or a normal policy that will cover racing.</TD></TR></TABLE>

I don't know if there are liability policies (b/c everybody who gets on track assumes the risk themselves). But, there are property policies - usually to cover valuable race cars - and they are pricey to obtain. Most amateur/club racers don't bother due to the cost.

 

When I stuffed my E30 at Shenandoah, I literally had my State Farm agent riding shotgun when it happened. He said "too bad you have a liability-only policy on this car, if you had full coverage you might've been able to get some money out of this."

Live and learn I guess

Jon

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by getfast &raquo;</TD></TR><TR><TD CLASS="quote">When I stuffed my E30 at Shenandoah, I literally had my State Farm agent riding shotgun when it happened. He said "too bad you have a liability-only policy on this car, if you had full coverage you might've been able to get some money out of this." </TD></TR></TABLE>

Like a good neighbor, State Farm will rub it in your face.


Funny story, ha!

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by zygspeed &raquo;</TD></TR><TR><TD CLASS="quote">

There is coverage for racing cars, but its generally about 1/6th the value of the car for each event ... and, you have to buy it BEFORE anything happens.

So yes, I stick by my previous inquiry/statement. </TD></TR></TABLE>

you are a real comedian

 

K&K insurance sells a policy to cover your race car. Its called 'Motorsports Off-Course and Storage' coverage. As the name implies, it covers your chit everywhere but on the race track.

On track damage is covered by the 'idiot behind the wheel' policy.

 

$20k on my ITS GSR runs me $250 a year. Covers the car anytime it is not moving under it's own power. No liability though. So if it rolls off the trailer and flattens some1's dumb kid, I am SOL.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SPiFF &raquo;</TD></TR><TR><TD CLASS="quote">$20k on my ITS GSR runs me $250 a year. Covers the car anytime it is not moving under it's own power. No liability though. So if it rolls off the trailer and flattens some1's dumb kid, I am SOL. </TD></TR></TABLE>

So if you shut it off right before you hit the wall, then you're covered right?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by LBHgti &raquo;</TD></TR><TR><TD CLASS="quote">So if you shut it off right before you hit the wall, then you're covered right? </TD></TR></TABLE>

that would be fantastic! "The engine cut out just before T3, I did the best I could to avoid that wall!" although technically it's own power got it to the speed before corner entry, it would be moving under the power of inertia after the engine cut out...