HPDE Track Insurance
I'm new to this and getting ready for my first 2 HPDE track days. I have a 2018 Grand Sport. Lockton Affinity Insurance wants $422. for a two day policy for covering me. This seems way too much for me. What is everybody else doing about insurance? Do you even get it? Or is it a waste of money since this type of racing won't usually end in a catastrophic collision?
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Try RLI Track Day Insurance https://www.rlicorp.com/hpde-insurance. I believe RLI is also the underwriter for Hagerty HPDE insurance. RLI used to be the underwriter for Lockton.
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That pricing sounds about right, based on quotes I’ve gotten recently, lockton was a tad cheaper then RLI. Track ins sucks, but totally worth it.
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I have found decent pricing at Open Track as stated below. I bought my last policy from them and it was more cost effective than the other options.
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I have an annual policy from OpenTrack. They sell individual events too. Very reasonable pricing.
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Originally Posted by fatsport
(Post 1599371461)
I have an annual policy from OpenTrack. They sell individual events too. Very reasonable pricing.
LOL That's what I meant. Thanks. More cost effective than the other's I have found. |
Originally Posted by Mu$cle
Try RLI Track Day Insurance https://www.rlicorp.com/hpde-insurance. I believe RLI is also the underwriter for Hagerty HPDE insurance. RLI used to be the underwriter for Lockton.
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Originally Posted by TrackLizard
(Post 1599369360)
I'm new to this and getting ready for my first 2 HPDE track days. I have a 2018 Grand Sport. Lockton Affinity Insurance wants $422. for a two day policy for covering me. This seems way too much for me. What is everybody else doing about insurance? Do you even get it? Or is it a waste of money since this type of racing won't usually end in a catastrophic collision?
Price is normal for that amount of coverage. Its a sick sick expensive hobby, that is just the beginning of costs. Its not racing, but people make mistakes and equipment fails at speed. |
From 19898-2003 State Farm insured me with the stipulation that I couldn't be timed and wasn't racing. After that, I drove uninsured. If you drive 8/10ths of the limit, you will be fine. When/if you go with clubs for a 2+ dayer, don't drive on track with those who pulled out the gas powered blender in the paddocks the night before. Serious. Another big hitter is to go with clubs/companies that do track inspections. There is nothing like someone having a coolant or oil line failure right in front of you or flip because they drank too much. Be mindful, get training, find a mentor and you won't need to pay those prices for insurance just to have fun lapping on the track.
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*tech inspections is that I meant, although track inspections wouldn't hurt :D Go with clubs/companies that are serious about saftey. You can tell by how they manage the track. There is a gate keeper that only lets the correct run group on the track, they are serious about your car being in good shape, you have safety equipment and there is a diverse set of run groups (usually 3-4 groups from beginner to advanced/race drivers).
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For the record, the insurance doesnt seem to go down. Track insurance on my 91 MR2 (N/A VIN car, so value is technically lower than an OE Turbo car) is $200/day
Thats all I can add to this conversation lol. |
Originally Posted by C5 Hardtop
(Post 1599373873)
From 19898-2003 State Farm insured me with the stipulation that I couldn't be timed and wasn't racing. After that, I drove uninsured. If you drive 8/10ths of the limit, you will be fine. When/if you go with clubs for a 2+ dayer, don't drive on track with those who pulled out the gas powered blender in the paddocks the night before. Serious. Another big hitter is to go with clubs/companies that do track inspections. There is nothing like someone having a coolant or oil line failure right in front of you or flip because they drank too much. Be mindful, get training, find a mentor and you won't need to pay those prices for insurance just to have fun lapping on the track.
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[QUOTE=Poor-sha;1599374331] If you can't afford to push it off a cliff and walk away then I wouldn't take it to the track without track insurance. Yes, it's expensive and the deductibles are huge but think about what that means to the risk they are trying to amortize.[/QUOTE
:iagree: |
Originally Posted by Poor-sha
(Post 1599374331)
My only big accident in 10+ years of doing this was when I was going 7/10ths. If you can't afford to push it off a cliff and walk away then I wouldn't take it to the track without track insurance. Yes, it's expensive and the deductibles are huge but think about what that means to the risk they are trying to amortize.
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Originally Posted by arthursc2
(Post 1599374009)
For the record, the insurance doesnt seem to go down. Track insurance on my 91 MR2 (N/A VIN car, so value is technically lower than an OE Turbo car) is $200/day
Thats all I can add to this conversation lol. Bill |
Opentrack annual policy has a 5% deductible. Hope I never need it, but the peace of mind makes it well worth it.
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All the tracking I’ve done, two weeks ago I got my first track ins policy for my new to me 2014 z/28. I tracked my c5 zo6 many times, never got it. Maybe it was stupid, but I never had a problem on track. Wasn’t willing to gamble with the Z/28. I’m sure
glad I have another/ cheap track car. Cause I’d go broke having to buy ins every track day. Lol. ps: no longer a vette owner, Hopefully I’m not kicked out, I just needed 4 seats. Lol. Still and always will be a vette fan. |
Originally Posted by C5 Hardtop
(Post 1599374509)
Sorry to hear that. What was the cause of the accident?
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Thanks, everybody, for all the comments and input. I've learned a lot just by the remarks you guys have left. I welcome more input if it's out there, but it sounds to me like (at least at first) I should bite the bullet and be insured. Blkbrd69 said it best "it's a sick sick expensive hobby, and that's just the beginning..." I thought I was going to be able to retire from my day job and go racing, but it's looking like I may have to keep my day job just to be able to keep racing. At least until that inheritance comes through....
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And thanks, Poor-sha, for your detailed breakdown on your calamity. I learned a lot by watching it.
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