A&Q about 350Z
Q:
My normal car insurance states that trackdays are not covered within the policy, so who are you guy's using for trackday cover and how much?
Dave
A:
Mostly people go out on track uncovered. HIC and some other insurers do offer additional trackday policies. They are very limited though.
You can get cover for single events though:-
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That seems stupid, unless people can afford to write off their car, after all, on trackdays there could be any number of other people involved and anything could happen.
Might change my mind when the quote comes in of course, might be quite expensive!!
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People write cars off all the time on track days with no insurance. Track cover only covers your car, and NOT the 3rd party anyway.
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Oh yeah, I understood that, so i would need insurance in case some numpty hits me, that the point like, I just can't understand why people wouldnt take out insurance if risks like that are involved.
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Time to FAQ this one I wonder. There's a few threads about.
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well, theres a big difference between going on track uninsured with a £2k mk2 golf (where most of the goodies are likely to be salvageable anyway) and taking an £12k S3.
i got a quote of £80 per day for a car upto £5k in value with £500 excess from
A:
well, theres a big difference between going on track uninsured with a £2k mk2 golf (where most of the goodies are likely to be salvageable anyway) and taking an £12k S3.
Thats exactly it. Acceptable risk. A £200 shell in the form of a Mk2 whereby you can transfer all your parts, or an expensive car that you dont want to damage. I know i would get trackday insurance if i was driving an S3, but for a cost which would soon start to outweigh the value of my car, i wont really bother.
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Thats me convinced then, I'll be insuring mine!!
Thanks for the help guys.
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Just dont crash into me!!!
A:
HIC only insure you at certain tracks.
edit:
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Mike I think most people could work that one out for themselves, probably not ideal posting that on a public forum..
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HIC only insure you at certain tracks.
Ive had an HIC policy in the past, but when I read the HIC small print on track cover- it was so ridiculous as to be completly useless.
Stuff like for the track cover to be valid= must have an instructor with you or no other vehicles an be on track at the same time!!
ffs rather restrictive 'eh
one insurer i tried would cover me for own marque days- but not proper general trackdays like with BAt, EZT or GoldTrack etc etc not even the porsche or lotus club days I go on, seemed metal to me, the worst driving standards & halfwit no clue drivers & most crashes are normally to be seem at the vw only days, well excluding the CC chavfest action days of course!
A:
Just don't do what this fella did...
"A CAR dealer from Claygate has been handed a 12-month suspended sentence for attempting to defraud an insurance company after crashing his Ferrari in a race abroad.
Guildford Crown Court heard on Friday that, in July last year, Richard Challen of Ruxley Ridge had crashed his Ferrari Berlinetta while racing in Belgium, but later claimed to Royal & Sun Alliance that he had been involved in a hit-and-run near his home.
After an extensive investigation by insurance claims officers, the matter was referred to the police and Challen was arrested and charged with fraud.
Prosecuting, Giles Curtis-Raleigh told the court how on July 20, 2005, the defendant had travelled to Belgium to race in a Ferrari owners club event on the track at Spa-Francorchamps but had crashed, causing extensive damage to a barrier and his car.
Mr Curtis-Raleigh said that as soon as Challen got out of the car, he had complained about having to pay for the damage to the track.
Later he said: “Well, you have to try it on, haven’t you?”
After arranging for his car to be brought back to the UK, Challen went to the police a few weeks later and told them he had been involved in an accident on August 5.
He said he was driving along Woodstock Lane when a lorry had smashed into him, before driving off. He also said he had been to hospital for treatment for minor injuries.
Challen then made a claim to Royal & Sun Alliance, claiming the car, which was valued at about £60,000, may have been a write-off. Upon investigation, however, the insurance company said it would be more like £33,000 to repair.
When challenged about the truth of his claim, the court heard how the defendant had admitted lying and apologised unreservedly for his actions. He was arrested and charged in November last year.
Defending, Denece Crane said her client was a “wreck” and had lost two stones in weight since criminal proceedings had started, due to the stress and strain it had caused.
She said her client actually had insurance to drive on track days, but a fax had to be sent to Royal & Sun Alliance to inform them that he was taking part. Unfortunately, due to a mix-up, the fax was not sent, something Challen did not realise until after the crash.
“My client says he did not realise the gravity of his actions and did not appreciate he would cause so much trouble,” she said.
“He said it has been an absolute nightmare from start to finish. He now appreciates what he has done to his family and his business and the implications this case could have on them.
“He realises that he has been extremely stupid and this was all totally unnecessary. He didn’t appreciate how serious this all was until it turned around and slapped him in the face and he is extremely remorseful and ashamed of what he has done.”
Challen was given a 51-week suspended sentence and ordered to carry out 100 hours of unpaid community service. He was also told to pay £1,244 compensation to the insurance company and £350 court costs.
Afterwards, Royal & Sun Alliance senior claims investigator Trevor Wainwright told the News & Mail he was delighted with the verdict.
“As a company, we operate our own fraud investigation department to protect all of our customers,” he said. “Potentially, this claim could have cost the company up to £60,000 and that is money paid for by our genuine customers.
“Therefore, we are delighted there has been a successful prosecution against someone who launched a pre-meditated false claim against the firm. Fraud is ever increasing, but, as this case shows, the insurance companies will fight back.”
Wooops!!
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Oops indeed. Fancy not making double sure the insurance company had received the event details though. Muppet.
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Taking a £60k car on track is bad enough, if he could afford such a car then insuring it couldn't have been that expensive for him.
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[Ive had an HIC policy in the past, but when I read the HIC small print on track cover- it was so ridiculous as to be completly useless. Stuff like for the track cover to be valid= must have an instructor with you or no other vehicles an be on track at the same time!]
Just checked my trackday policy with HIC and there's nothing of this sort. In fact it all seems rather reasonable, (most of the document gives advice on preparation etc) although there is a larger excess (£1000) for anyone who's not done a trackday before (compared with £500) It does only cover events organised by accredited trackday organisers, though, so you need to check first and get written confirmation before assuming you're covered.
Previously I've used Egger Lawson Competition Car Insurance on many occasions, usually costs £80 for £8000 cover with £800 excess – no problems with admin etc although I've never had to make a claim...
Has anyone ever had to make a claim on trackday insurance? - if so, how did you get on?
A:
Iv'e just got off the phone with HIC for my trackday at llandow on saturday & the only thing they said they require is that you follow all pre-track checks enforced my the track organiser/owners but there is an excess of £1000!!!!!!
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Try Competition Car Insurance 0115 9415255
I`ve used them several times, easy to deal with.
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article about this in track and race cars mag this month.
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Try Competition Car Insurance 0115 9415255
I`ve used them several times, easy to deal with.
probablly have a look now when my policy runs out in may.
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Iv'e just got off the phone with HIC for my trackday at llandow on saturday & the only thing they said they require is that you follow all pre-track checks enforced my the track organiser/owners but there is an excess of £1000!!!!!!
From my reading of the T&C from HIC, the £1000 excess only seems to apply to anyone who hasn't done a track day before... ? normally it is £500 for anyone who can prove previous track day experience
and it's not actually excessive (scuse the pun!) Egger Lawson requires an £800 excess when insuring an £8,000 car...
Incidentally, just confirmed with HIC my cover for TSR track day at Mallory this weekend, and Autometrix day at Croft next weekend, and they are very laid-back about it, seems they extend cover at any event which is 'organised' and which has marshals in attendance
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yes they were very laid back when i spoke to them but still quoted £1000, what excess was yours?
also mine is my 1st trackday with them but they never asked me mind?
how do you usually prove previous track day experience?
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I got a quote from competition Car Insurance once.... they wanted an excess of 10% of the cars value, which at the time was worth 20k! It was going to cost me about £2500 for a weekend's worth of trackday cover too.
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I got a quote from competition Car Insurance once.... they wanted an excess of 10% of the cars value, which at the time was worth 20k! It was going to cost me about £2500 for a weekend's worth of trackday cover too.
cheaper to buy a mk2 for the weekend!