Re: insurance for race car
[Re: Aspen7695]
#870484
12/03/10 11:35 PM
12/03/10 11:35 PM
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Joined: Dec 2004
Posts: 625 Florida-West Coast
Thor500
mopar
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mopar
Joined: Dec 2004
Posts: 625
Florida-West Coast
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Quote:
I have mine thru the Ford Walker Heacock Agency in Tennessee. Only costs me $250. a year.
Raul
I don't think they do on track coverage.
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Re: insurance for race car
[Re: Aspen7695]
#870488
12/04/10 12:03 AM
12/04/10 12:03 AM
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Joined: Jan 2003
Posts: 10,766 Central Valley, CA.
Quicksilver440
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 10,766
Central Valley, CA.
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Quote:
My policy covers the car until I leave the staging lanes. I could not find a company that will insure my car while it is making a pass. I would appreciate hearing of a company that offers coverage while you are on the track.
Raul
Does you policy actually say that? I have Heacock as well....and mine actually has a lot of restrictions written into the policy. They verbaly say lots of things...but the policy is written more restrictively.
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Re: insurance for race car
[Re: bodyworks racing]
#870490
12/04/10 02:33 AM
12/04/10 02:33 AM
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Joined: Oct 2007
Posts: 4,206 New York
polyspheric
master
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master
Joined: Oct 2007
Posts: 4,206
New York
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Coverage for what? Where - 140 mph in the left lane, or parked in your garage? Loss of the vehicle? Your personal injury if you wreck? Property damage if you hit something? Liability if you're sued for killing someone? These are all completely different. The agent will tell you anything he thinks you want to hear to get the policy written.
Boffin Emeritus
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Re: insurance for race car
[Re: 451Mopar]
#870493
12/04/10 04:53 AM
12/04/10 04:53 AM
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Joined: Jan 2004
Posts: 6,445 Missouri
68KillerBee
master
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master
Joined: Jan 2004
Posts: 6,445
Missouri
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Quote:
My cars are insured with Haggerty. They don't cover "on track", but will cover you in the pits, return road, etc. That reminds me I still need to get my hail dammage fixed
But I saw you on the drag strip racing in a hail storm... That isn't covered, sorry.
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Re: insurance for race car
[Re: 68KillerBee]
#870494
12/04/10 04:59 AM
12/04/10 04:59 AM
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Joined: May 2008
Posts: 5,399 Aurora, Colorado
451Mopar
master
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master
Joined: May 2008
Posts: 5,399
Aurora, Colorado
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Quote:
Quote:
My cars are insured with Haggerty. They don't cover "on track", but will cover you in the pits, return road, etc. That reminds me I still need to get my hail dammage fixed
But I saw you on the drag strip racing in a hail storm... That isn't covered, sorry.
Actually they were good about the coverage. Already cut me a check, and told me to get back with them if the repair costs more. I just wish i had the car trailer insured
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Re: insurance for race car
[Re: 451Mopar]
#870496
12/04/10 06:13 AM
12/04/10 06:13 AM
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Joined: Mar 2007
Posts: 1,608 Rudolph, Ohio
moparguy7074
top fuel
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top fuel
Joined: Mar 2007
Posts: 1,608
Rudolph, Ohio
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Quote:
My cars are insured with Haggerty. They don't cover "on track", but will cover you in the pits, return road, etc. That reminds me I still need to get my hail dammage fixed
Is it covered while its being towed on a trailer, if its in an accident? Im asking because my dad was in an accident this week, and was towing two quads. They arent covered under his insurance.
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Re: insurance for race car
[Re: moparguy7074]
#870498
12/04/10 09:11 AM
12/04/10 09:11 AM
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Joined: Dec 2007
Posts: 19,889 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 19,889
Puttin' on the foil in Charles...
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Quote:
Quote:
My cars are insured with Haggerty. They don't cover "on track", but will cover you in the pits, return road, etc. That reminds me I still need to get my hail dammage fixed
Is it covered while its being towed on a trailer, if its in an accident? Im asking because my dad was in an accident this week, and was towing two quads. They arent covered under his insurance.
The car is covered by it's own insurance when it's on a trailer. It's not covered by the truck/trailer's insurance, and neither would the quads be covered by the truck/trailer's insurance, unless the vehicle in question is being transported by a commercial hauler. A commercial policy for someone hauling vehicles for a fee would include coverage for the customer's vehicle while it was on the trailer. The trailer itself does not have to be insured to be covered by the truck's policy. The trailer itself would be covered under your dad's truck insurance, up to whatever limit was specified in the policy.
Quads have titles, VIN's, etc...and insurance is readily available for them. If they aren't covered, it's because he didn't insure them.
Earning every penny of that moderator paycheck.
DBAP
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Re: insurance for race car
[Re: not_a_charger]
#870500
12/04/10 10:21 AM
12/04/10 10:21 AM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
Quote:
Quote:
My cars are insured with Haggerty. They don't cover "on track", but will cover you in the pits, return road, etc. That reminds me I still need to get my hail dammage fixed
Is it covered while its being towed on a trailer, if its in an accident? Im asking because my dad was in an accident this week, and was towing two quads. They arent covered under his insurance.
The car is covered by it's own insurance when it's on a trailer. It's not covered by the truck/trailer's insurance, and neither would the quads be covered by the truck/trailer's insurance, unless the vehicle in question is being transported by a commercial hauler. A commercial policy for someone hauling vehicles for a fee would include coverage for the customer's vehicle while it was on the trailer. The trailer itself does not have to be insured to be covered by the truck's policy. The trailer itself would be covered under your dad's truck insurance, up to whatever limit was specified in the policy.
Quads have titles, VIN's, etc...and insurance is readily available for them. If they aren't covered, it's because he didn't insure them.
so if somebody hits you while transporting wouldn't they liable if they were at fault?
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Re: insurance for race car
[Re: Quicktree]
#870501
12/04/10 11:46 AM
12/04/10 11:46 AM
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Joined: Dec 2007
Posts: 19,889 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 19,889
Puttin' on the foil in Charles...
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Yes. Let me clarify:
You have a car on your trailer. You're towing your trailer with your truck. You have an accident that is your fault, or that isn't your fault, but was caused by an unidentified vehicle (hit-skip, for example), or was a comp claim (impact with an animal, weather related incident, etc...). Your collision coverage will cover your truck and your trailer, but not the car/boat/motorcycle/front end loader/suitcase full of $100s that is on your trailer.
You have a car on your trailer. You're towing your trailer with your truck. You have an accident that is not your fault. Another person rear ends you. Their liability insurance will cover your truck, your trailer, and the contents of your trailer, up to their policy limit and/or the actual cash value of the damaged property, whichever is less.
Earning every penny of that moderator paycheck.
DBAP
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Re: insurance for race car
[Re: rockerbob]
#870502
12/04/10 12:49 PM
12/04/10 12:49 PM
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Joined: Oct 2007
Posts: 4,206 New York
polyspheric
master
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master
Joined: Oct 2007
Posts: 4,206
New York
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Not sure if this is current, but in New York homeowners policy specifically used to exclude: 1. motor vehicles of any kind (lawn mower, parts, tools are OK) 2. furs 3. cash 4. jewelry 5. guns 6. art with value in excess of (used to be $1,000) 7. objects of sentimental value unless appraised
Boffin Emeritus
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Re: insurance for race car
[Re: rockerbob]
#870503
12/04/10 02:35 PM
12/04/10 02:35 PM
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Joined: Dec 2007
Posts: 19,889 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 19,889
Puttin' on the foil in Charles...
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Quote:
However they told me that any proberty that has value is covered under your home owners insurance for up to 10% if damaged while on your property. Doeesn't even have to belong to you. Just parked/sitting or stored there. This would include race cars. Again up to 10% of the value. And the damage. Same with towing. If the tow vehicel is covered then the trailer and its contents are automatically covered up to 10%. You can purchase a rider for additional coverage if you want. Here in NC we have to have tags on the trailers & they are then covered under the tow vehicals policy. Thats my understanding under NC insurance laws. I will check this weekend with one of my buddies whos a retired agent. I know 10% is not much, but its something. And you can always buy a rider to attach to the policy. Hope this works for you guys.
For the most part, motor vehicles are specifically excluded from coverage under your homeowners policy, and neither is stuff (cars or otherwise) owned by someone else but being stored on your property.
The usual exception to the motor vehicle exclusion are vehicles that are NOT subject to vehicle registration laws, are used solely to service the insured's property, or to assist the handicapped, or a golf cart to be used to/from/on a golf course, for folks who live in golf course communities. There are other difference from state to state, policy to policy, but generally speaking those are the big 3 exceptions to the exclusion.
Earning every penny of that moderator paycheck.
DBAP
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Re: insurance for race car
[Re: polyspheric]
#870504
12/04/10 02:38 PM
12/04/10 02:38 PM
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Joined: Dec 2007
Posts: 19,889 Puttin' on the foil in Charles...
not_a_charger
Mr. Big Shot Moparts Moderator
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Mr. Big Shot Moparts Moderator
Joined: Dec 2007
Posts: 19,889
Puttin' on the foil in Charles...
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Quote:
Not sure if this is current, but in New York homeowners policy specifically used to exclude: 1. motor vehicles of any kind (lawn mower, parts, tools are OK) 2. furs 3. cash 4. jewelry 5. guns 6. art with value in excess of (used to be $1,000) 7. objects of sentimental value unless appraised
With many policies, those items are covered, but up to a certain limit (usually $200 for cash, $1k for most jewelry, guns, furs, etc..., a little more for other things like silver/goldware, computers, and so on). Coverage can be increased by adding an endorsement to the policy.
Utility trailers and small watercraft are also usually covered, usually up to $1k.
Earning every penny of that moderator paycheck.
DBAP
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