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Race car insurance, how many guys have it. #2410240
11/28/17 06:40 PM
11/28/17 06:40 PM
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PA.
pittsburghracer Offline OP
"Little"John
pittsburghracer  Offline OP
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PA.
Thinking about picking up a policy for my small tire car when its up and running.

http://www.dragzine.com/features/risky-b...acing-insurance


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Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410260
11/28/17 07:24 PM
11/28/17 07:24 PM
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Salt Lake City
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camastomcat Offline
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Salt Lake City
I do, costs around $650 a year for off track insurance.

Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410261
11/28/17 07:26 PM
11/28/17 07:26 PM
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Salt Lake City
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camastomcat Offline
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Heacock classic

Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410266
11/28/17 07:44 PM
11/28/17 07:44 PM
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northern,Ohio,USA
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Clanton Offline
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I may finally get some next yr,Haggerty was around 400 for a yr full coverage[25k$]


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Re: Race car insurance, how many guys have it. [Re: camastomcat] #2410272
11/28/17 07:58 PM
11/28/17 07:58 PM
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Indiana
EV2DEMON Offline
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Originally Posted By camastomcat
I do, costs around $650 a year for off track insurance.


Quote:
I may finally get some next yr,Haggerty was around 400 for a yr full coverage25k$


I believe the OP is asking about insurance that would cover the car in the event of an on-track incident. Neither of the above are "race car" insurance policies.


Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410285
11/28/17 08:25 PM
11/28/17 08:25 PM
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Bend,OR USA
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Cab_Burge Offline
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I have a stated value policy on the car for here at the shop, in the trailer and at the track while not racing up
I had a issue with the front bumper getting hung up on the trailer loading door support wire that tore the bumper, grill and other body parts up at the races loading it up and the insurance covered it with no hassle up
I did find out that company does NOT insure race cars of any type but on my policy it says "race car" confused I have two cars on that policy also so maybe that has something to do with insuring the Cuda shruggy


Mr.Cab Racing and winning with Mopars since 1964. (Old F--t, Huh)
Re: Race car insurance, how many guys have it. [Re: EV2DEMON] #2410306
11/28/17 09:09 PM
11/28/17 09:09 PM
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northern,Ohio,USA
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Clanton Offline
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Originally Posted By EV2DEMON
Originally Posted By camastomcat
I do, costs around $650 a year for off track insurance.


Quote:
I may finally get some next yr,Haggerty was around 400 for a yr full coverage25k$


I believe the OP is asking about insurance that would cover the car in the event of an on-track incident. Neither of the above are "race car" insurance policies.

I got a quote from Bill Lutz that was about the same for on track.

Last edited by Clanton; 11/28/17 09:09 PM.

GOTBOOST!New improved with Victor heads.
http://www.enginelabs.com/mopar-big-bloc...t-of-necessity/
Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410310
11/28/17 09:15 PM
11/28/17 09:15 PM
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Fulton County, PA
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CMcAllister Offline
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I didn't, but would certainly consider it now. Friend of mine had coverage on a fast bracket car. Was able to replace it and keep racing after totaling it in an on-track incident.


If the results don't match the theory, change the theory.
Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410331
11/28/17 09:49 PM
11/28/17 09:49 PM
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Walton's Mountain, Pa
Steve1118 Offline
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I have that old Hemi insured through Horton Insurance, who writes a lot of off track insurance. The carrier is Great American. Covered everywhere except the waterbox and the race track. About $600 per year.....


"Old age and treachery trumps youth and enthusiasm, every time!"

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Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410363
11/28/17 10:44 PM
11/28/17 10:44 PM
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J_BODY Offline
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none... at this point it gets wrecked watch for cheap parts ads in the race parts section.

Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410387
11/28/17 11:09 PM
11/28/17 11:09 PM
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New York
polyspheric Offline
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"Insurance" is a really big category, and "full coverage" means nothing unless it's specified in the policy. Not what the agent told you, not what the ad said. I read Supreme Court decisions for 20 years 9-5 M-F that allowed insurance companies to deny claims: the policy didn't cover what happened and the holder didn't know it.
Stolen, burned, or crashed is limited to the value of the car and fairly cheap.
If you hit someone (no upper limit, death starts at $1 million) you're going to need liability coverage - much more expensive.
Medical insurance for injuries you suffer in the car may not be included in either one.


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Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410508
11/29/17 01:59 AM
11/29/17 01:59 AM
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Fulton County, PA
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CMcAllister Offline
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Don't know of any that cover any injury or death, only property - the car. Especially these days.

I had an insurance guy come in the shop years ago to see about selling me life insurance. Saw the race cars, said "You race?". I said "yep". He left.


If the results don't match the theory, change the theory.
Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410510
11/29/17 02:03 AM
11/29/17 02:03 AM
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Salt Lake City
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camastomcat Offline
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All I can say is, on track is going to be north or $2500 annually, depending on how much you are insuring it for. And my policy does cover my dragster for $60,000 if stolen, lost in a fire, on the road, etc.

Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410531
11/29/17 02:44 AM
11/29/17 02:44 AM
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Puyallup, WA
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StealthWedge67 Offline
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I’m with most others here, insured through Haggarty but it’s not covered on track. I’ve just always figured it’s a chance you take. I do, however, believe that my car is safer at the track than it is out on the streets.


LemonWedge - Street heavy / Strip ready - 11.07 @ 120
Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410637
11/29/17 12:35 PM
11/29/17 12:35 PM
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Las Vegas
Al_Alguire Offline
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I do and have for many years. Most of the policies are underwritten ultimately by LLoyds of London. As pointed out on track insurance has gotten to be a lot more expensive that it was a few years ago. Seems those heads up grudge guys found out they could insure their stuff and took advantage of that. Insurance for everywhere but on track is usually pretty reasonable. It is all done on a declared/stated value basis. Cost varies depending on dollar value assigned but IMO is quite reasonable. I also know a few people who have filed claims and ALL were paid very quickly and for full stated value.


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Re: Race car insurance, how many guys have it. [Re: Al_Alguire] #2410647
11/29/17 12:55 PM
11/29/17 12:55 PM
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new jersey usa
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11secdart Offline
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I have had my Dart for 35 years and it was only insured for a brief period when i drove it on the street when I first bought it. I never had insurance on it after that as it has been a race car. My wife was after me for years to get some type of insurance on it because if anything happened to it you would be heart broken and all the years of work and money spent would be gone. she is 100% right. At Carlisle a few years ago Heacock had a booth and offered race car insurance for everything except on track. i finally earlier this year insured my Dart and my D150 as it now has historic plates ( over 25 years old in N.J. ) for less than $500 a year. They were very helpful and great to deal with. Living in N.J. with the highest car insurance rates in the country my D150 alone was over $800 a year now its about a quarter of that. My Dart is insured for $25,000 and my D150 $8,000.

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Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410657
11/29/17 01:04 PM
11/29/17 01:04 PM
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Out West
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408strokerdart Offline
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Horton insurance for me. Had it for about 5 years now. $850/yr, but includes my trailer and all contents. Stated value of $65K on the race car. Not bad considering my regular insurance company wants $400 just for my trailer that almost never leaves my driveway.

Re: Race car insurance, how many guys have it. [Re: pittsburghracer] #2410714
11/29/17 03:17 PM
11/29/17 03:17 PM
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New York
polyspheric Offline
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I've heard (but not read) that some auto liability coverage (against someone you injure) covers you in any car you drive (rented, borrowed, stolen) but: unknown if this includes "non-street" use.
Again: this is where the agent assures you that it does, even though he can't find that text in your policy.


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Re: Race car insurance, how many guys have it. [Re: StealthWedge67] #2411102
11/30/17 02:05 AM
11/30/17 02:05 AM
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Balt. Md
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383man Offline
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Originally Posted By StealthWedge67
I’m with most others here, insured through Haggarty but it’s not covered on track. I’ve just always figured it’s a chance you take. I do, however, believe that my car is safer at the track than it is out on the streets.



Same here as I am with Hagerty also. And it covers my car on the street but as far as I know I am on my own when I race as I dont believe it covers anything when I am racing. Ron

Re: Race car insurance, how many guys have it. [Re: 383man] #2411767
12/01/17 02:03 PM
12/01/17 02:03 PM
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Left Coast
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I had on track last year. Premium was about 6 grand for 125k coverage. This year the same policy went up 2 grand. No claim. I initially got it then reconsidered when I bought my Pro Mod. I used the remaining unused coverage to insure both of my cars off-track only. Deductible was 10%. Lutz is my agent.

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