Liability Question...
Originally Posted by SMOKIN01TA
hmmmm, i may want some of this coverage here soon also, id hate to break loose the back end at 100 shifting and kiss a sidewall. 
i think that'd leave more than a hickey
Thread Starter
11 Second Club
Joined: Aug 2003
Posts: 1,541
Likes: 1
From: Boring Green, Kentucky
I'm going to call them soon. I was going to ask them if I can just pay for 6 months, since that's as long of a season I have to race.
They'll probably
then say 
and think I am 
They'll probably
then say and think I am Honestly I could care less about the car, its paid for and I can live without it. I am more worried about getting sued if something happens on the track or in the pits and someone decides to take me to court over it. If you have nothing to loose its no big deal but when you have a house, business and some net worth its a concern, your auto liability policy wont help you one bit at the track in most cases.. Not to mention a lot of health insurance policys will not cover any kind of auto racing so if you get hurt it can cost a lot of money - thats why I am an NHRA/IHRA member, in case my health insurance doesnt cover it (as far as I know they do at present, sure not going to call and ask) I have something to help pay medical bills if something happens.
I dont know what would happen if your regular auto insurance found out you had drag racing coverage through a different company, as far as I knew most major insurance carriers dont allow more then one policy on a car - not sure about that though. There has to be an insurance expert on LS1tech somewhere, maybe they can chime in
Couple good articles on track insurance coverage/liability, little old (2002) but a good read:
http://www.dragracingonline.com/deadon/iv_5.html
http://www.dragracingonline.com/deadon/iv_7a.html
I dont know what would happen if your regular auto insurance found out you had drag racing coverage through a different company, as far as I knew most major insurance carriers dont allow more then one policy on a car - not sure about that though. There has to be an insurance expert on LS1tech somewhere, maybe they can chime in
Couple good articles on track insurance coverage/liability, little old (2002) but a good read:
http://www.dragracingonline.com/deadon/iv_5.html
http://www.dragracingonline.com/deadon/iv_7a.html
TECH Apprentice
Joined: Nov 2004
Posts: 333
Likes: 0
From: Chitown
Originally Posted by ramairstyle00
how much are they looking for?
Ok when I applied I opted for the racing and non-racing insurance. And had a $1,000 deductible for racing and $500 for non-racing and they quoted me at 840.00 and I think that that is yearly.
11 & 7 Second Clubs
Joined: Oct 2004
Posts: 1,299
Likes: 0
From: Motorhome, Freeways, Truckstops, Pits
Originally Posted by bad2000ss
If any kind of damage or wreck was cause by the other driver would that also be covered under the insurance?
If this hood went through my windshield, or even worse went through and knocked me out cold, would my car and I be covered, or is the coverage just for the car?
If this hood went through my windshield, or even worse went through and knocked me out cold, would my car and I be covered, or is the coverage just for the car?
11 & 7 Second Clubs
Joined: Oct 2004
Posts: 1,299
Likes: 0
From: Motorhome, Freeways, Truckstops, Pits
Originally Posted by ramairstyle00
also, if we go in and look for a quote or even get the insurance, are we going to be blackballed by our current insurance company?
11 & 7 Second Clubs
Joined: Oct 2004
Posts: 1,299
Likes: 0
From: Motorhome, Freeways, Truckstops, Pits
Originally Posted by kp
I am more worried about getting sued if something happens on the track or in the pits and someone decides to take me to court over it.
This past July at Cordova my chute caught and rolled a guy on an ATV on the return road at about 10 mph. The track offical told him in my presence that he accepted all such risks when he entered the gates.
LS1 Tech Stories
The Best V8 Stories One Small Block at Time
Amazing '71 Camaro Restomod Is Modern Muscle Car Under the Skin
Verdad Gallardo
6 Common C5 Corvette Failures and What's Involved In Repairing Them
Pouria Savadkouei
Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph
Verdad Gallardo
Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked
Pouria Savadkouei
Top 10 Most Powerful Chevy Trucks Ever Made!
Hennessey's New Supercharged Silverado ZR2 Has 700 HP
Verdad Gallardo
Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes
Verdad Gallardo
Awesome K5 Blazer Restomod Comes With C7 Corvette Power
Verdad Gallardo
10 Camaros You Should Never Buy
Thread Starter
11 Second Club
Joined: Aug 2003
Posts: 1,541
Likes: 1
From: Boring Green, Kentucky
UPDATE:
I just had a verrry nice conversation with a rep named Christine...she sounded hot as hell
and some very good info here.
She said there is a 20% discount if you go with a 8 month policy. Also, they determine the value of your car by:
1) Adding up all your mod receipts + basic car value, or
2) Have an appraiser come out and determine the car's value.
They only take payments up front, no monthly payments. They have many other options for coverage as well, not just racing and not just car damage.
ALSO....there is no conflict or contradiction with your primary insurance if you decide to stick with it and add on the racing only insurance. She assured me there is no "ratting out," and she said she gets this question a lot.
Anyway, I'm going to talk it over with the wife and we are likely to get this done. BTW, the number is 1.877.898.2277 ext 26.
I'm glad I started this thread and I'm glad bickel chimed in with some valuable info.
Perhaps we can save some people's
(Randy Moss) when they need it the most...
I just had a verrry nice conversation with a rep named Christine...she sounded hot as hell
and some very good info here.She said there is a 20% discount if you go with a 8 month policy. Also, they determine the value of your car by:
1) Adding up all your mod receipts + basic car value, or
2) Have an appraiser come out and determine the car's value.
They only take payments up front, no monthly payments. They have many other options for coverage as well, not just racing and not just car damage.
ALSO....there is no conflict or contradiction with your primary insurance if you decide to stick with it and add on the racing only insurance. She assured me there is no "ratting out," and she said she gets this question a lot.
Anyway, I'm going to talk it over with the wife and we are likely to get this done. BTW, the number is 1.877.898.2277 ext 26.
I'm glad I started this thread and I'm glad bickel chimed in with some valuable info.
Perhaps we can save some people's
(Randy Moss) when they need it the most...