10-12-2016, 07:10 PM | #1 |
e90noob
1588
Rep 1,857
Posts |
track insurance?
so at my last track event at Buttonwillow, there were 2 crashes (not to mention a lot of cars going off the track)
an e46 m3 slammed into a wall by itself after trying to correct a bad entry into a turn and later, an old integra and old miata crashed into each other, taking out some bumpers and whatnot i drove off track for the first time as well (my 3rd track day) entered a turn too hot and then oversteered ... tried to correct it for a split second and then let it go because i didn't want to end up like the e46 m3 no damage to my car, just got really dusty so that got me thinking about track insurance do you buy it? who do you use? how much are we talking about? i'm definitely going to be researching this before i sign up for another event
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
10-12-2016, 07:19 PM | #2 |
Midlife Crises Racing Silent but Deadly Class
1817
Rep 5,337
Posts
Drives: 2006 MZ4C, 2021 Tesla Model 3
Join Date: Oct 2007
Location: Welcome to Jamaica have a nice day
|
Lockton.
https://locktonmotorsports.com/product/hpde-insurance You state the coverage (how much you think the car is worth), and the organizer, and they'll tell you how much it cost. Keep in mind they don't cover some organizers, and fee may vary between organizer to organizer. For a BMW CCA (low risk, run very strict, very few offs and crashes) 2-day event, with a stated coverage of $45,000, I believe I was quoted $250 for the weekend. Your mileage may vary.
__________________
Sitting on a beat-up office chair in front of a 5 year old computer in a basement floor, sipping on stale coffee watching a bunch of meaningless numbers scrolling aimlessly on a dimly lit 19” monitor.
|
10-12-2016, 07:36 PM | #3 | |
e90noob
1588
Rep 1,857
Posts |
Quote:
stated value of $45,300 $286 or so with 10% deductible $260something for 15% deductible definitely worth the peace of mind but ... there are a bunch of warnings about how the insurance is being provided by an out of state, non-admitted carrier and such
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
|
Appreciate
1
Solidjake945.00 |
10-13-2016, 07:07 PM | #4 |
Midlife Crises Racing Silent but Deadly Class
1817
Rep 5,337
Posts
Drives: 2006 MZ4C, 2021 Tesla Model 3
Join Date: Oct 2007
Location: Welcome to Jamaica have a nice day
|
Probably standard disclaimer. I only have anecdotal evidence of OTHERS having claimed their damages and losses. I've been fortunate.
__________________
Sitting on a beat-up office chair in front of a 5 year old computer in a basement floor, sipping on stale coffee watching a bunch of meaningless numbers scrolling aimlessly on a dimly lit 19” monitor.
|
Appreciate
0
|
10-13-2016, 11:16 PM | #5 |
Captain
175
Rep 766
Posts |
Dont worry about it Lockton pays. They wouldnt be the number one track carrier if they didnt.
__________________
Well weathered leather, hot metal and oil, the scented country air.
Sunlight on chrome, the blur of the landscape, every nerve aware! 2014 328ix EBII - Sport AT, Light Pkg, Blk Dakota, Moonroof, Navigation, Heated Seats, HK Audio, Driver Assist, Sport Pedals, Dinan Springs, Bilstein B8s, M-Performance BBK |
Appreciate
0
|
10-17-2016, 01:06 PM | #7 |
e90noob
1588
Rep 1,857
Posts |
good to hear
it'll definitely be worth the $260-280 to have peace of mind for my next track day i have to fiddle around with the calculator see if it gets cheaper if i add more events to the cart at once
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
Appreciate
0
|
10-26-2016, 02:37 AM | #8 |
2JZ-GTE
2959
Rep 3,948
Posts |
Always buy the insurance. It's cheap in the grand scheme of things.
|
Appreciate
0
|
12-15-2017, 12:24 PM | #9 |
e90noob
1588
Rep 1,857
Posts |
thinking about hitting the track again after only doing autocross for 2017
insurance is $303 for one day event le sigh i can't afford to replace my car out-of-pocket so i guess i will have to pay to play
__________________
2008 E90 M3 / LCI trunk + euro tail swap
Production date - 2008-04-22 |
Appreciate
0
|
04-23-2018, 02:46 PM | #10 |
Major
555
Rep 1,124
Posts |
Yeah I struggle with that very question, it's pretty much a personal decision. If I wrecked my car I would probably be in a lot of trouble with my wife, but I could afford it.
If you have a spouse I would recommend talking it over with them. If you can't afford it, then it's pretty simple to just pay the premium for the insurance. Or track a cheapo car you can let go if it crashes. |
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|