Insurance question......`

It's extremely unlikely that Allstate is going to cover this. Most policies strictly prohibit on-track activities, regardless of the nature of the event.

I think we've all heard the stories of guys towing their crashed cars from the track and dropping them into a ditch and THEN calling their insurance company.

I've never heard of a company offering such coverage. I'd love to hear what happens. My auto policy is with Allstate, but I don't track my street cars, ever.

 

I totalled a car at a track event... State Farm paid for it, then immediately dropped me. I think it was considered driver's ed since there was an instructor in the car (oddly enough, it was his hands on the wheel that sent me into a wall...) I imagine you can probably pull it off once, but expect to be dropped or to get no slack in the future. There was a thread a while back where someone mentioned a company that offers track coverage on an as-needed basis.

-R

 

As an agent for a California company which will remain nameless...

In the Physical Damage portion of the policy under EXCLUSIONS:

(M) to loss occurring while a motor vehicle is being operated in any prearranged contest or competitive event.

Now under this definition, I think that it would be open to interpretation.

But that is what the attorneys are for..;-)

 

Here's an interesting question:

My policy covers me if I go to car shows but not if I drive it to work.

Well, this past Thursday, I drove it to a car show which was held......at work! Yes, the company (a large one) sponsored a car show and invited employees with "interesting" cars to drive them to work.

Among the cars on hand were a bunch of '60s U.S. muscle cars, a '48 DeSoto (!), a '30 Model A, an MG Midget, a Formula Ford, an alcohol dragster (!!), and one Ferrari.....mine.

Nothing bad happened, but would the car have been covered?

 

I have the same clause Jim and as it was explained to me, the car was not to be used in the capacity of a daily driver, in other words, transportation to work.

I have the same kind of show here at Boeing that raises funds for the charities in the area. It is an official event and as such would fall under the 'for show' clause.

 

Every policy is slightly different, so buy the one that you need. The cheaper "collector" policies take into account that the car is not driven daily. Some even use terms like, "club events and parades." Many policies have mileage restrictions. Most have a competition exclusion. Understand that timed competitions are excluded, even though you are not on the track with other cars. The intent is to exclude track accidents. Well, duh! Insurance is available for special events or circumstances, but the question is: Do you want to pay what the insurance company will charge? Contrary to popular opinion, insurance underwriters are not stupid, nor are they in the business of insuring highly risky behavior for low premiums. Driving a car on a track at high speed is risky....that's why we love it!