Track insurance question

[4to8m8]

Do I have this right? For a DE event you pay the track fee and a group buy insurance fee based on the number of participants? Thanx for any and all input.

[Z-man]

Um, no. You just pay the track fee. There is insurance that the sponsoring club has, but that typically does not cover any on-track incidents that the participants may incurr.

Check with your insurance company - since DE's, or "Driver's Education" is a learning venue, most insurance companies will cover damage you incurr on the track. DE's are NOT racing, and as such, timing equipment is not allowed, and there is no 'winner' per session.

There are basically three types of ways insurance companies handle accidents that occur at DE's:
1. They treat it like an accident that occurred on the road.
2. They treat it like a 'regular' accident the first time, but after that, you're on your own.
3. They will not cover any accident you have on the track.

You really need to check your own insurance policy to see where what your company does. I know that more and more insurance companies are going the #3 way, especially as DE's become more and more popular.

HTH,
-Z-man.

[widebody911]

The best thing to do is get a policy specifically for track events. Insurance companies are wising up the "driver's ed" events and disallowing claims. I'm insured through American Collectors for $45k for $675/year http://www.americancollectorsins.com/de_quali.htm

[Mule]

I hate to say this here guys but all of us have been paying higher insureance to cover these boy racer wannabees who go smack their car up immagining themselves to be Hans Schtuck. You wanna play then pick up the tab. I hope my insurance co is not covering people smashing their cars up at the track at my expense.

[Z-man]

Originally posted by Mule
I hate to say this here guys but all of us have been paying higher insureance to cover these boy racer wannabees who go smack their car up immagining themselves to be Hans Schtuck. You wanna play then pick up the tab. I hope my insurance co is not covering people smashing their cars up at the track at my expense.

There are far more incidents on the streets that raise your insurance rates than 'boy racer wannabees' who play on the track. Most of these BOYS are level headed folks and the last thing they want to do is get into an accident.

It's the street racer boys, the distracted cell-phone using SUV drivin' idiots that you can blame for increased insurance rates. And don't forget about the drunk drivers, the kids distracted by loud music and 'being cool,' the old folks who can't see a foot ahead of them, the people who believe 1 hour of sleep is sufficient to drive....and the list goes on.

If anything, DE programs are helping reduce insurance rates by educating drivers on how to drive - lots of what you learn on the track can be translated into safer driving on the roads.

-Z, one of them 'boy racer wannabees' who DOESN'T wish to smack up my car...

[widebody911]

I think driving on a track is safer than driving on the street, but because it is a racetrack, the BOHICA insurance factor comes into play. Remember, an insurance company's job is to collect as much in premiums as they can while paying out as little in claims as they can.