How does insurance work when track-racing
- Thread starter Nickolaus
- Start date
Hi
I don't think it does, think you have to take track insurance out. As they probably say its racing so wont be covered. Few guys on here who go to track days quite a lot think they be able to point out how (if) your insurance covers you. And with what company to go with
I don't think it does, think you have to take track insurance out. As they probably say its racing so wont be covered. Few guys on here who go to track days quite a lot think they be able to point out how (if) your insurance covers you. And with what company to go with
Khufu
Registered User
I agree, if you put your car on the track, you will have no insurance. If you read your policy it will state this.
- Joined
- Dec 3, 2008
- Messages
- 10,887
- Reaction score
- 4,888
- Points
- 113
In short...it doesnt.
You would need to find an independent insurance policy to cover track use,and quite frankly I think you would be very fortunate to find something that would give you adequate cover.
Spin140
Registered User
Most track insurance premiums cost approx 10% of the full replacement value of your car for the day, on top of this there is usually a £1,000 excess, so if in a £30K car looking at £300 premium for the day. If you are unfortunate and write the car off you will then recieve £29K.
To keep it cost effective I tend to ascess the risks associated with the particular track and ask for a specific amount of cover, usually £10k worth and this costs me about £80.
At the end of the day you are taking a risk with your pride and joy but its worth it IMO and great fun, our roads can be far more dangerous.
Bedford Autodrome on the other hand is one of the safest circuits in the UK so if at this location I don't bother with cover as very little to hit, apart from other cars of course !!
It all sounds very risky but you take a risk everytime you get behind the wheel, give it a try certainly teaches you an awful lot about your car and your own abilities.
To keep it cost effective I tend to ascess the risks associated with the particular track and ask for a specific amount of cover, usually £10k worth and this costs me about £80.
At the end of the day you are taking a risk with your pride and joy but its worth it IMO and great fun, our roads can be far more dangerous.
Bedford Autodrome on the other hand is one of the safest circuits in the UK so if at this location I don't bother with cover as very little to hit, apart from other cars of course !!
It all sounds very risky but you take a risk everytime you get behind the wheel, give it a try certainly teaches you an awful lot about your car and your own abilities.
Agree 100%.
It simply isn't possible to push your car to its limits on the road. You'll learn more about your car in one lap of a circuit than 10,000 miles on the road.
I don't bother with insurance anywhere - I've done loads of track days and only ever seen two accidents, both of them stupid driver errors - but I like Spin's idea of stating a predetermined value.
I agree with iggu and spin.
Any damage you do will most likely be as a result of you making a mistake, rather that being hit by another car, so drive within your limits, increase your speed sowly throughout the day , be sensible and you'll be ok.
It also depends on the track as to the likely hood of hitting something solid if you come off the tarmac, so take more care at a track where the run off is narrow. I crashed my old s2000 at castle coombe because I made a mistake.
I wasnt insured, so I paid for the repairs myself, it came to £2800 to replace every panel down the right hand side, and straighten the tracking out.
I still dont bother with insurance, At that point I'd done about 40 track days, so I figured I'm still in profit even after fixing the car, versus paying for insurance for every event.
Any damage you do will most likely be as a result of you making a mistake, rather that being hit by another car, so drive within your limits, increase your speed sowly throughout the day , be sensible and you'll be ok.
It also depends on the track as to the likely hood of hitting something solid if you come off the tarmac, so take more care at a track where the run off is narrow. I crashed my old s2000 at castle coombe because I made a mistake.
I wasnt insured, so I paid for the repairs myself, it came to £2800 to replace every panel down the right hand side, and straighten the tracking out.
I still dont bother with insurance, At that point I'd done about 40 track days, so I figured I'm still in profit even after fixing the car, versus paying for insurance for every event.
I used to be inusre with Greenlight insurance and for i think £50 a day they would cover all UK tracks except Castle Comb they were also very mod friendly, Had to get insurance with somone else when i sold my car as due to my age they would only over upto £20,000 but i was 21 at the time so should be ok for some older people.
Stu
Stu
No, I ran wide coming out of a corner because I went on the power too soon, this put one of the back wheels on the grass, which then span up, and pitched me into a tank slapper which I wasnt talented enough to catch, so I hit the tyre wall sideways.
Alternative is to use an older car for on-track (like my Ibiza). It's worth barely £1k so if I break it then I'll just scrap it. I've seen a few cars crash into barriers but on about 25 track days I've never seen 2 cars hit each other.
Mmm nasty - I sympathise.
The closest I've come to an accident was last year in my current S3 exiting a blind corner at Oulton Park. The corner is tricky and because I know the track well I booted it too early once I'd completed the corner - only to come face to face with a spinning Elise which had caught the turf and lost control. I was thankful for the safety of 4WD at that moment I can tell you.
50% my fault for being too close to the Elise - 50% his fault for not being able to handle his car.
