Just thinking, something I read on Scoobynet about a group deal they got together with one of the specialist trackday insurers for a club event they had - should we try and sort something for the Castle Coombe trackday? I, plus maybe quite a few others will be looking for insurance cover of some sort...
Castle Coombe Trackday insurance
- Thread starter DuncS3
- Start date
Duncan I'd be interested in that, do you know what sort of cover they were offered and for how much, including excess ??
Graham
Graham
Me too.
My insurance company won't cover me, and the only company I could find who would wanted lots of money.
-Dan
My insurance company won't cover me, and the only company I could find who would wanted lots of money.
-Dan
johneroberts
Registered User
- Joined
- Jan 2, 2003
- Messages
- 31
- Reaction score
- 0
- Points
- 6
- Location
- In a jar somewhere
- Website
- www.midlandaudiox-change.co.uk
Castle Coombe Track can provide insurance via a underwriter at Lloyds, please call Maria on 01249 782417, and ask for the details, dont know how competitive it will be though.
Cheers
jr
Cheers
jr
Just out of interest and to give a guide to prices / cover, here is what Bookatrack.com quote for trackday insurance.
C1 = Option
C2 = Sum Assured
C3 = Excess
C4 = Assured less excess
C5 = Premium
1 £2000 £250 £1750 £42.50
2 £5000 £750 £4250 £80
3 £8000 £1000 £7000 £117.50
4 £11000 £1250 £9750 £155
5 £14000 £1500 £12500 £192.50
6 £17000 £2000 £15000 £230
7 £22000 £2000 £20000 £305
8 £27000 £2000 £25000 £380
9 £3000 £750 £2250 £42.50
10 £7500 £2250 £5250 £80
11 £12000 £3000 £9000 £117.50
12 £16000 £3750 £12250 £155
13 £20000 £4500 £15500 £192.50
14 £25000 £6000 £19000 £230
15 £32000 £6000 £26000 £305
16 £38000 £6000 £32000 £380
Obviously a balance needs to be struck between adequete cover and premium. /ubbthreads/images/graemlins/grin.gif
C1 = Option
C2 = Sum Assured
C3 = Excess
C4 = Assured less excess
C5 = Premium
1 £2000 £250 £1750 £42.50
2 £5000 £750 £4250 £80
3 £8000 £1000 £7000 £117.50
4 £11000 £1250 £9750 £155
5 £14000 £1500 £12500 £192.50
6 £17000 £2000 £15000 £230
7 £22000 £2000 £20000 £305
8 £27000 £2000 £25000 £380
9 £3000 £750 £2250 £42.50
10 £7500 £2250 £5250 £80
11 £12000 £3000 £9000 £117.50
12 £16000 £3750 £12250 £155
13 £20000 £4500 £15500 £192.50
14 £25000 £6000 £19000 £230
15 £32000 £6000 £26000 £305
16 £38000 £6000 £32000 £380
Obviously a balance needs to be struck between adequete cover and premium. /ubbthreads/images/graemlins/grin.gif
I just called Maria at Castle Coombe, she put me on to Competition Car Insurance, who are the same people Joshie has posted the numbers for from bookatrack.
I got a quote which was higher than the figures though, so I suggest people get quotes.
Note that you do not need to insure the whole value of your car, the will cover 50% of its value and above.
For info I gave my car value as £ 24,000 and to insure 50% is £ 194, the excess is 15% £ 2000. An extra driver was £ 74. I will happily pay that for £ 10,000 of cover for the day.
David
I got a quote which was higher than the figures though, so I suggest people get quotes.
Note that you do not need to insure the whole value of your car, the will cover 50% of its value and above.
For info I gave my car value as £ 24,000 and to insure 50% is £ 194, the excess is 15% £ 2000. An extra driver was £ 74. I will happily pay that for £ 10,000 of cover for the day.
David
Sounds pretty fair to me...anyway, I searched around and the SIDC (Subaru club) got these rates with Competition Car Insurance (nicked from the sidc forum) in October last year - Hard to make out the scales but on first view it seems a bit cheaper, which is why if maybe 20 people get together we might save 30-40 quid perhaps (somewhere)????
Right pasted from SIDC Forum:
"To give you an idea of rates I have listed the following, but please speak with either Chris, Georgina or Nik at Eggar Lawson on 0115 - 941 - 5255 and they will go through the scale in depth
SUM ASSURED 5000 7500 12000 16000
EXCESS 750 2250 3000 3750
COVER 4250 5250 9000 12250
PRICE 55.00 55.00 80.00 105.00"
Right pasted from SIDC Forum:
"To give you an idea of rates I have listed the following, but please speak with either Chris, Georgina or Nik at Eggar Lawson on 0115 - 941 - 5255 and they will go through the scale in depth
SUM ASSURED 5000 7500 12000 16000
EXCESS 750 2250 3000 3750
COVER 4250 5250 9000 12250
PRICE 55.00 55.00 80.00 105.00"
Well I am certainly up for it.
I'd be happy with about £150 ish quid.
Ideally I'd like cover for the full amount (say £18k) but would be happy with £10ks worth of cover, as I guess it is unlikely that I'll do that much damage.
Are you happy to arrange Dunc? If not, then let me know and I'll look into it myself.
I guess the first step would be to get an idea of numbers.
I'd be happy with about £150 ish quid.
Ideally I'd like cover for the full amount (say £18k) but would be happy with £10ks worth of cover, as I guess it is unlikely that I'll do that much damage.
Are you happy to arrange Dunc? If not, then let me know and I'll look into it myself.
I guess the first step would be to get an idea of numbers.
I would prefer if someone else could attempt to arrange it...I'm no salesman...
You are right though Dan, we need some numbers
Could JRE put the list back up somewhere in the Meets section perhaps, of who has paid etc, like we used to have???
You are right though Dan, we need some numbers
Could JRE put the list back up somewhere in the Meets section perhaps, of who has paid etc, like we used to have???
[ QUOTE ]
I guess it is unlikely that I'll do that much damage.
[/ QUOTE ]
I think you'd be surprised /ubbthreads/images/graemlins/grin.gifLOL
I guess it is unlikely that I'll do that much damage.
[/ QUOTE ]
I think you'd be surprised /ubbthreads/images/graemlins/grin.gifLOL
Only kidding - the point is though that £10K goes a long way to easing the pain and taking the pressure off. The last think you want on your mind as you approach Quarry at 120MPH is concern about rolling your precious wheels /ubbthreads/images/graemlins/wink.gif
Ok, I'll look into it.
I just phoned Eggar Lawson.
Spoke to Chris. (0115 941 5255)
He mentioned that he could quote for public liability too (thought this might be of interest to johneroberts)
They won't/can't offer any bulk buy discount.
He also mentioned that castle coombe is the track they get mosts claims for due to limited run offs etc... Hence premiums for this track are loaded.
The things that affect cost are:
1) Car value
2) The track (obviously this will be constant for all of us)
3) Tyres (anything other than road tyres carry a premium)
4) Modifications (10% loading for most mods)
Interestingly driver age, experience etc.. play no part.
For me (S4, No Mods, worth £18k) the prices are:
To insure £10k with £2k excess - £155
To insure £18k with £2.7k excess - £297
The above prices are for just one driver and cover accident damage only (not transmission or engine problems)
The minimum percentage of your cars value you can insure is 50% (so £9k in my case)
Chris recomends insuring between 50-75% (he tells me it is unlikely that you'll cause more damage than this)
Hope this helps.
-Dan
I just phoned Eggar Lawson.
Spoke to Chris. (0115 941 5255)
He mentioned that he could quote for public liability too (thought this might be of interest to johneroberts)
They won't/can't offer any bulk buy discount.
He also mentioned that castle coombe is the track they get mosts claims for due to limited run offs etc... Hence premiums for this track are loaded.
The things that affect cost are:
1) Car value
2) The track (obviously this will be constant for all of us)
3) Tyres (anything other than road tyres carry a premium)
4) Modifications (10% loading for most mods)
Interestingly driver age, experience etc.. play no part.
For me (S4, No Mods, worth £18k) the prices are:
To insure £10k with £2k excess - £155
To insure £18k with £2.7k excess - £297
The above prices are for just one driver and cover accident damage only (not transmission or engine problems)
The minimum percentage of your cars value you can insure is 50% (so £9k in my case)
Chris recomends insuring between 50-75% (he tells me it is unlikely that you'll cause more damage than this)
Hope this helps.
-Dan
This might be of more use, slightly more detailed:
On Event Accident Damage Cover for an organised Track Day at Castle Combe for 1 driver in a Standard Road car with Road Legal Tyres.
Sum Assured 5,000 8,000 11,000 14,000
Excess 750 1,000 1,250 1,500
Cover 4,250 7,000 9,750 12,500
Premium £112 £164.5 £217 £270
Sum Assured 17,000 22,000 27,000
Excess 2,000 2,000 2,000
Cover 15,000 20,000 25,000
Premium £322 £427 £532
Sum Assured 7,500 12,000 16,000 20,000
Excess 2,250 3,000 3,750 4,500
Cover 5,250 9,000 12,250 15,500
Premium £112 £164.50 £217 £270
Sum Assured 25,000 32,000 38,000
Excess 6,000 6,000 6,000
Cover 19,000 26,000 32,000
Premium £322 £427 £532
The cover is for On Event Accidental Damage and covers:
the cost of parts
repairs to parts
fabrication
and specialist labour.
This cover does not include
routine dismantling and reassembly, or engines and transmission.
Note
We reserve the right to increase the premium or refuse further cover if there is a poor claims history.
All accidents are to be notified to us within 48hrs.
On Event Accident Damage Cover for an organised Track Day at Castle Combe for 1 driver in a Standard Road car with Road Legal Tyres.
Sum Assured 5,000 8,000 11,000 14,000
Excess 750 1,000 1,250 1,500
Cover 4,250 7,000 9,750 12,500
Premium £112 £164.5 £217 £270
Sum Assured 17,000 22,000 27,000
Excess 2,000 2,000 2,000
Cover 15,000 20,000 25,000
Premium £322 £427 £532
Sum Assured 7,500 12,000 16,000 20,000
Excess 2,250 3,000 3,750 4,500
Cover 5,250 9,000 12,250 15,500
Premium £112 £164.50 £217 £270
Sum Assured 25,000 32,000 38,000
Excess 6,000 6,000 6,000
Cover 19,000 26,000 32,000
Premium £322 £427 £532
The cover is for On Event Accidental Damage and covers:
the cost of parts
repairs to parts
fabrication
and specialist labour.
This cover does not include
routine dismantling and reassembly, or engines and transmission.
Note
We reserve the right to increase the premium or refuse further cover if there is a poor claims history.
All accidents are to be notified to us within 48hrs.
If you guys are only going to do one track day in a year then this may be worth while but the figures you are quoting seem high compared to the extra premium that you'd get on normal insurance to cover track days. I know not many companies do this but I use Roadster Insurance who are a broker which ends up being a "Classic Policy" with Royal and Sun. I get fully comp on road and on track for my modded TT for £1080 all in.
Just a thought.
Just a thought.
True, but my insurance company won't cover track days.
Also remember that if I wreck my car at a track day, and I used my road insurance I'd loose my no claims.
Getting an extra policy for just one day might be pricey, but if I have an accident it won't affect my no-claims /ubbthreads/images/graemlins/grin.gif
Also remember that if I wreck my car at a track day, and I used my road insurance I'd loose my no claims.
Getting an extra policy for just one day might be pricey, but if I have an accident it won't affect my no-claims /ubbthreads/images/graemlins/grin.gif
[ QUOTE ]
Scotty I looked at them but they only do 'Roadsters' dont they?
[/ QUOTE ]
I've got a Coupe!! /ubbthreads/images/graemlins/cool.gif
You're not gonna lose anything by calling and asking. Perhaps suggesting they become the recommended insurer for the forum may encourage them to accept S3's etc
Scotty I looked at them but they only do 'Roadsters' dont they?
[/ QUOTE ]
I've got a Coupe!! /ubbthreads/images/graemlins/cool.gif
You're not gonna lose anything by calling and asking. Perhaps suggesting they become the recommended insurer for the forum may encourage them to accept S3's etc
