track insurance info please | FerrariChat

track insurance info please

Discussion in 'Tracking & Driver Education' started by FAST348, Apr 28, 2010.

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  1. FAST348

    FAST348 Karting

    Dec 31, 2006
    100
    West Central Ohio
    Full Name:
    Aric
    Anyone have any experience w/ WSIB Insurance out of Jackson MI. Thanks in advance.
     
  2. b-mak

    b-mak F1 Veteran

    This topic's been tabled before and I don't recall anyone here ever buying a track policy.
     
  3. Feffman

    Feffman Formula Junior
    BANNED

    Oct 31, 2003
    315
    Gateway To The West
    Full Name:
    Feff
    #3 Feffman, Apr 29, 2010
    Last edited by a moderator: May 14, 2013
    We've insured our track car with WSIB for several years now. Thankfully no claims, but good service. Contact Kraig Hopkins at WSIB (www.WSIBInsurance.com) for assistance.

    Feff
     
  4. TFord

    TFord Rookie

    Jul 8, 2008
    23
    From an article:

    The WSIB premium is 3 percent of the car’s value. The deductible is $2,500, or 4 percent of the car’s value, whichever is greater. So an experienced driver on an approved track with a
    $100,000 Porsche 911 Carrera S would pay $3,000 to cover 10 events in one year, with a
    deductible of $4,000. Other companies, like K & K Insurance Group of Fort Wayne, Ind., and
    Motorsports Insurance Services of Los Angeles, have begun to offer the insurance, but use a
    more complex formula to price it.
     
  5. definitelysomeday

    definitelysomeday Formula Junior

    Aug 7, 2009
    656
    Ft. Lauderdale
    Full Name:
    Tom Kavan
  6. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
    23,397
    Campbell, CA
    Full Name:
    Ian Anderson
    What are you doing on the track? I had no trouble with a claim as it was at a "recognized" DE event - Organized by local F dealer & the FCA. [They checked with the dealer btw] *No* stopwatches allowed. etc.

    Cheers,
    Ian
     
  7. Feffman

    Feffman Formula Junior
    BANNED

    Oct 31, 2003
    315
    Gateway To The West
    Full Name:
    Feff
    Ian:

    A good number of automobile insurance policies now state "No coverage will be extended to any racing surface" or something there abouts. USAA went with this type of verbage about two years ago.

    Feff
     

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