A&Q about Lotus
Q:
As I am reading my insurance policy, one of their exclusions are
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We (the insurance) will not pay for
Loss to "your covered auto" or any "non-owned auto", while used for the purpose of
a. Competing in; or
b. Practicing or preparing for
any prearranged or organized racing or speed contest
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This is the only point that involves any word of racing or contest
Does it mean they will cover tracking? I don't think tracking considered as competing or practicing or preparing for any racing or speed contest. I am going to have an instructor and I will not time my lap.
What do you think?
PS: while we are at it, it also says that the insurance will not cover 'a total loss to "your covered auto" or any "non-owned auto" due to destrcution or confiscation by governmental or civil authorities'. A mental note to myself, if there is a police officer asking to borrow your car (just like in the movie ), don't give it out as it won't be covered... That also means never hand your keys to police officer when they say they 'want to test drive' your car as if something happens while they are on the wheel, it won't be covered.
A:
Typically, club sponsored track days are a performance driving school and not race and/or prep for race or 'speed contest'. Operative word is 'school' and thus insurance covers but that really is subject to the claims adjuster...getting much more difficult. I am quite sure this little 'loop hole' will be eliminated by the insurance companies.
Michael
A:
Based on the verbiage you posted, you should be OK for HPDE or the occasional track day. As long as there is no competitive aspect (ie, timing or naming a winner), that should not be construed as racing.
As far as the police officer issue is concerned, part of the reason that exclusion exists is because the damage to your car should be covered by the municipality in question. But if a police officer wanted 'to test drive your car', he should be considered a permissive user as long as his actions were not in the course and scope of his employment as a police officer.
A:
Does anyone have HPDE insurance or know for sure they are covered?
I'm in the market to switch insurance companies and just wondering what others are using and paying for, and whether it's your primary or secondary car.
For those who have Wawanesa, they do not cover HPDE events.
State Farm and All State do not as well.