american collector's
08-15-2006, 11:30 AM
#1
Burning Brakes
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american collector's
I'm not sure if any of you have noticed or not - but it looks like American Collector's has discontinued their DE program. 
08-15-2006, 12:00 PM
#2
Melting Slicks
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Originally Posted by freefall
I'm not sure if any of you have noticed or not - but it looks like American Collector's has discontinued their DE program.
drivers ed & racing... "track insurance", which has additional info on the changes at American Collectors Insurance.
Seems that they are NOT writing new policies...
08-15-2006, 01:02 PM
#3
Team Owner
probably had big losses
Like the guy I saw at The Glen who said he had insurance and it was 800 for the day or two I forgot. Takes his Mallet prepped car and wads it up after saying he is going Pro
His car crashed on the first lap I think, warm-up lap.
Like the guy I saw at The Glen who said he had insurance and it was 800 for the day or two I forgot. Takes his Mallet prepped car and wads it up after saying he is going Pro His car crashed on the first lap I think, warm-up lap.
08-15-2006, 06:53 PM
#4
Racer
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The important part from RennList:
To whom it may concern:
I am sending this email in hopes that you will post it. I am not signed up with Rennlist so I was unable to respond to the recent postings.
Dear Driver's Ed. Participants:
It is with great regret that American Collectors Insurance has closed it's Driver's Ed. Insurance Program. We made this decision
based on the fact that the demand for the coverage was low and our loss ration was too high. The low annual premium and claim severity is what drove the loss ratio well above acceptable limits.
For those of you who have a policy with us now, your policy will remain in effect until your renewal period and we will honor any claims that
occur until that time. We have been in the insurance business for 30 years and intend to hold true to our reputation as being a provider of great customer service. A letter will be sent to our existing policyholders as their renewal time approaches.
Thank you again and I wish you all good luck on the track. If you would like to send me your comments please send them to: orlando.m@americancollectors.com
Sincerely,
Orlando Morales
Driver's Education Insurance Program
Program Administrator
(856) 382-3213
To whom it may concern:
I am sending this email in hopes that you will post it. I am not signed up with Rennlist so I was unable to respond to the recent postings.
Dear Driver's Ed. Participants:
It is with great regret that American Collectors Insurance has closed it's Driver's Ed. Insurance Program. We made this decision
based on the fact that the demand for the coverage was low and our loss ration was too high. The low annual premium and claim severity is what drove the loss ratio well above acceptable limits.
For those of you who have a policy with us now, your policy will remain in effect until your renewal period and we will honor any claims that
occur until that time. We have been in the insurance business for 30 years and intend to hold true to our reputation as being a provider of great customer service. A letter will be sent to our existing policyholders as their renewal time approaches.
Thank you again and I wish you all good luck on the track. If you would like to send me your comments please send them to: orlando.m@americancollectors.com
Sincerely,
Orlando Morales
Driver's Education Insurance Program
Program Administrator
(856) 382-3213
09-20-2006, 04:08 PM
#6
Race Director<br><img src="/forums/images/ranks/7k-10k.gif" border="0">
Originally Posted by 96CollectorSport
So does anyone else offer a policy similar to what Am Collectors did, I will have to look into that for next year.
10-04-2006, 06:23 AM
#7
Racer
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Rennlist has had some discussion on it:
http://forums.rennlist.com/rennforum...ight=insurance
http://forums.rennlist.com/rennforum...ight=insurance
http://forums.rennlist.com/rennforum...ight=insurance
http://forums.rennlist.com/rennforum...ight=insurance
10-04-2006, 10:13 AM
#9
Melting Slicks
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Location: If you don't weigh in you don't wrestle Road America
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So does anyone think they will try out Laurel.
http://www.laurelde.com/
I know that it says you have to be a PCA member on the Laurel site but I would think that they would make some exceptions, or you can sign up as an associate member of PCA.
Just wanted to see what you guys think of that program.
http://www.laurelde.com/
I know that it says you have to be a PCA member on the Laurel site but I would think that they would make some exceptions, or you can sign up as an associate member of PCA.
Just wanted to see what you guys think of that program.