Classic/Exotic Insurance & Track Events

Gee Julian that is a really tuff break. Tell ya what I am willing to do for ya. I will buy that uninsurable car from you for what you paid for it, sight unseen. Just cause I am a real prince of a guy, don't ya know???

I have always assumed a track accident would be a personal loss. I had Hagerty and I'm about 99 percent sure it was not covered but didn't want to ask out of fear they wouldn't insure the Pantera at all even on the street.

Hagerty, Classic Insurance, Grundy, Sneed all have specific track exclusions for anythinng that takes place on track i.e. High Performance Driving in non timed & non competitive events.

You can now get specific track insurance through MotorsportReg.com, but it is costly, here's a link HDPE Insurance

There are "loopholes" in the system that can be implimented by the sanctioning body to cover such events.

For example: When the Shelby club has it's track day here in Portland at P.I.R. they place traffic cones down the center of the main straight (which doubles as the 1/4 mile drag strip). This is the only area where passing is allowed, when coming onto the strip and two cars are nose-to-tail, a flag is waved signalung the first car to stay to the right of the cones, while the faster car goes left and proceeds to pass.

When I asked why this was done, it was explained to me that as long as you have a legally defined passing zone (slower traffic keep right, passing on left only) technicially you are no longer racing hence any on track incidents are covered by your regular insurance coverage.

While it may seem dull compared to regular "racing", the game becomes one of either opening or closing the gap of the car in front of or behind you for the dreaded "flag event".

As for speed, you are not exceeding any posted speed limits and as for timers.....uh, I did not see any stop watches, did you

quote:

There are "loopholes" in the system that can be implimented by the sanctioning body to cover such events.

I think the insurance companies are tightening up on those loopholes, the insurance applications I have just received all state exclusions for 'any type of on track event', that is all but American Hobbyist my current insurer. But they have a limit on kit car values, so I'd have to underinsure it.

Hi Julian,
When I used to run my blue Pantera in the track events here is Arizona, they called them performance driving classes. You had to go through one of the classes with an instructor and then they would take you out and help you understand the apex's etc.. Every time you went out after that was an extension of the performance driving course. Some insurance carriers even gave discounts if you took the class. And we had an agent for State Farm that raced in the race groups that if your insurance would not cover you, then for $30 a day they (State Farm)would cover you while you ran on the track. It could not be a timed event. The red group only had passing on the straight ( just over a half mile long), approx. 1.65 mile course, but if you ran in the green group you could pass any where! They called these gentlemen passing rules( I think they were more agressive than many of the full race groups).
Kevin

But Julian your insurance company is right. If you race it, you will wreck it. So sell your car to me as I have never raced on a track. I have never even had a speeding ticket my whole life. Sell me your car and it will never go faster than the speed limit again in its life. It will be like putting it out to stud. Easy retirement. Puttering around parking lots.