| Author | Message | ||
| acw (Acw)
Junior Member Username: Acw Post Number: 136 Registered: 2-2002 |
I have a DE insurance for my 996TT. I did purchase from these guys: http://www.americancollectorsins.com/driversed.htm It only covers the car itself and there is a large 25% deductible. But that is better than nothing. As it was mentioned before here relying on a street insurance on the track is not a great idea since it may not work or you end up with a very bad record if something happens. There may be other better deals out there. Also, I never had a claim with them. ACW | ||
| Bruno (Originalsinner)
Member Username: Originalsinner Post Number: 956 Registered: 5-2002 |
Every one will think I'm nuts but I only have minimal coverage on all my Fcars. I register most as antiques at around $54.00 year. If I hit someone or thing I'm covered on the liability end. Must fix my own car out of pocket. Keeps me under control. Track day is up to the rules of the track. | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2777 Registered: 9-2001 |
agreed, thats why I posted it | ||
| neal (95spiderneal)
Junior Member Username: 95spiderneal Post Number: 82 Registered: 3-2002 |
i dont think the policy statement by fca is helpful towards this issue at all! ie. track events are to safely drive fcars at the speeds they were designed for. im new to fca but have several years experience with pca and other independent groups. they indicate their events are driver education courses that only teach how to safely drive your car. there is no mention of fun, enjoyment, etc that can only lead ins cos to be suspicious of your true intent. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1981 Registered: 2-2001 |
Greg Ohner is in the FCA, he works at Acordia. I know he sells insurance that includes the track, got to call him 1 day | ||
| noel smith (Noel)
New member Username: Noel Post Number: 21 Registered: 2-2003 |
so does anyone have any leads? ie..names of carriers or brokers that are reliable? | ||
| Robin Overcash (Robin)
New member Username: Robin Post Number: 32 Registered: 1-2003 |
I was involved in an accident at a track event last year. The car was a total loss, but State Farm eventually agreed to cover it since I had an instructor with me (ironically, he's actually the one who caused the wreck). They considered it a driver education course and sent me a check, followed by a nice letter telling me I would no longer be covered by them. I'm now with another insurer, paying over 3 times as much... -R | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2769 Registered: 9-2001 |
they get you one way or the other  | ||
| Frank Parker (Parkerfe)
Intermediate Member Username: Parkerfe Post Number: 1808 Registered: 9-2001 |
I have known several people who have had their car damaged at a track event and repaired under their auto policy. Most had their policies later nonrenewed. | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2767 Registered: 9-2001 |
here is the FCA track event policy info - I think insurance co attoney could have a good case. Track Event Briefing Summary Welcome! The following is a statement of basic policy from the Ferrari Club of America's Track Event Manual: " The purpose of the Ferrari club of America's track events is to provide the owners of Ferraris a venue where they can have the pleasure of driving there cars safely at speeds for which the cars were designed. Today this can be done only at the race track where highway speed limits are not in effect. The protection of drivers and spectators requires supervision of events by qualified persons who will enforce reasonable regulations. The FCA does not conduct race per se, i.e., events in which a "winner" is determined by the times laps or "finishing position" relative to the other cars. "Wheel to wheel" competition is to be avoided. A driver may overtake and pass a slower car in designated areas. However, primary consideration must be given at all times to safety. Differences in experience of drivers, the value of the vehicle being driven and the high cost of repairs should also be recognized. Passing may take place only in designated areas and then only when the driver to be passes signals the overtaking driver to pass and points to the side on which to pass. This is the club's track event policy. It is the policy underlying this manual. Those who are overly aggressive and choose not to carry out the spirit of the policy will be warned and if, in the opinion of the chief steward and/or assistant chief steward, discipline is warranted, may be disqualified from further participation. There is no appeal from their decision and entry fees will not be refunded. The goal is to make it possible for Ferrari owners to have the pleasure of driving fast, each within his own limitations, i.e., within both safety and pleasure." In other words, the objectives of the track events is for everyone to enjoy themselves without creating problems for others. Please review the materials carefully; it is a summary of the briefing given by the event organizer. The club must comply with insurance requirements. So, if everyone "plays by the rules", the event should be fast, fun and safe for all. You, not the club, are responsible for your own and others safety. By participating in the event you agreeing to that principle. Everyone pays the same fee. so everybody has the same "rights" at the events.....i.e., everyone is equally entitled to have a good time, in their own way, within the guidelines, of course. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1980 Registered: 2-2001 |
of course they might drop you after your first claim, jack your premiums, or tell you you will not be covered in the future | ||
| Jon P. Kofod (95f355c)
Member Username: 95f355c Post Number: 445 Registered: 8-2001 |
Frank, This is starting to change drastically as insurance companies have caught on to the "Driver's Ed" game. I can't remember which one (might be Allstate or State Farm) but a firend of mine said his new policy went from using the words "competition" and "timed event" to specific clauses voiding coverage for any car damaged while operating on a track or course used for "racing". It goes on further to state that it doesn't matter if the car was not racing, merely that it was present at a facility that is used for racing and that it was on the track when the accident occurred. Check your policy folks! These new rules have been debated on several different forums I frequent with all my track buddies. Regards, Jon P. Kofod 1995 F355 Challenge #23 | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2766 Registered: 9-2001 |
Frank Do you know someone who has damaged their car in an FCA event and submitted a claim through a normal policy? I just can't beleive almost all will cover it - remember a track is not a public road and I think you would agree any good insurance attorney would claim if it is not a comp or speed event - what is it?? I could be wrong but I know in NJ it would not fly | ||
| Frank Parker (Parkerfe)
Intermediate Member Username: Parkerfe Post Number: 1807 Registered: 9-2001 |
Most all auto insurance policies will cover you for a track event as long as it is not a competition event of speed or time. So all FCA track events would be covered. | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2764 Registered: 9-2001 |
check some of the ferrari track publications for an ad or call the track you are planning to use and I am sure they can help with a name | ||
| noel smith (Noel)
New member Username: Noel Post Number: 20 Registered: 2-2003 |
thanks tom, i didn't know that. where does one buy seperate track day insurance? | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1978 Registered: 2-2001 |
Depends on the company, read the policy carefully. Some companies will, some wont cover you. There are some companies that sell insurance purely for the track. On a similair topic, 1 guy crashed his new BMW at the track, before he knew it his car called the police & told them the location of the wreck , no fibbing on that 1 | ||
| TomD (Tifosi)
Advanced Member Username: Tifosi Post Number: 2763 Registered: 9-2001 |
you normally have to buy seperate track day insurance - I don't know of any normal auto insurance that includes track days. Otherwise go the self insur route for track days - you with prob drive more under control Also note that particpating in track days may disqualify you from certain umbrella liab insurance coverages if not disclosed in the application | ||
| noel smith (Noel)
New member Username: Noel Post Number: 19 Registered: 2-2003 |
Guys, i need a little help, i just bought a euro 360, and my current insurance won't cover a grey market car, so i HAVE to switch. Also, what do most of you do about insurance on your car while you are tracking it? don't ask don't tell? will they even cover it if it's on a track? or can they say that they are not going to cover damage because you were "racing" it? if anyone has insurance, espically for a euro, that they are happy with please let me know A.S.A.P.. P.S...State farm will insure grey market cars but not on a track....I live in Chicago, and i'm interested in normal, american insurance. thanks. |