RE: 'Ring Insurance Could Save You £1000s
Discussion
Well I've researched and better researched, but have yet to come up with anybody that will provide cover for TF. I did speak with a friend of a close friend, someone very high up in a notable insurance company. When he'd stopped laughing, he told me that even he hadn't figured out a way to have a comfortable level of insurance on TF; (he's into his cars and has quite a nice stable).
What I was told though is that people have managed to get insurance in certain very extreme cases. One related, was a director of a company that had a very significant insurance premium covering vehicles, etc. He'd backed the insurance company to the wall and had been given a letter stating he had fully comprehensive cover. To get it he'd basically offered to take his business elsewhere; certainly effective if you've got that much clout, but perhaps not the key factor to look for when making business decisions
There could be a few cases like this, where the risk of insuring TF is considered much smaller than the loss if the client moves, but that doesn't help us, the masses.
If anybody knows better than I've found out, or indeed than the multitude of posts above, please give us the facts. There's plenty of smoke and mirrors regarding TF insurance out there and I think it will take some very hard facts to prove that insurance for the masses can be found. For now, I know three cars that aren't going back next year due to the risks
What I was told though is that people have managed to get insurance in certain very extreme cases. One related, was a director of a company that had a very significant insurance premium covering vehicles, etc. He'd backed the insurance company to the wall and had been given a letter stating he had fully comprehensive cover. To get it he'd basically offered to take his business elsewhere; certainly effective if you've got that much clout, but perhaps not the key factor to look for when making business decisions
There could be a few cases like this, where the risk of insuring TF is considered much smaller than the loss if the client moves, but that doesn't help us, the masses.If anybody knows better than I've found out, or indeed than the multitude of posts above, please give us the facts. There's plenty of smoke and mirrors regarding TF insurance out there and I think it will take some very hard facts to prove that insurance for the masses can be found. For now, I know three cars that aren't going back next year due to the risks
>For now, I know three cars that aren't going back next year due to the risks
+1
+ a couple of mates in the same position...
Am considering booking a ring track day but do have some reservations about that - firstly the weather could easily spoil it and you'd REALLY lose out - secondly if you've only got a relatively small window of track time you're going to put a lot of stress on the car (and driver really). One of the nice things about TF is coming off and letting car + driver cool down.
hmm. Spa anyone ?
+1
+ a couple of mates in the same position...
Am considering booking a ring track day but do have some reservations about that - firstly the weather could easily spoil it and you'd REALLY lose out - secondly if you've only got a relatively small window of track time you're going to put a lot of stress on the car (and driver really). One of the nice things about TF is coming off and letting car + driver cool down.
hmm. Spa anyone ?
DM112233 said:
>For now, I know three cars that aren't going back next year due to the risks
+1
+ a couple of mates in the same position...
Am considering booking a ring track day but do have some reservations about that - firstly the weather could easily spoil it and you'd REALLY lose out - secondly if you've only got a relatively small window of track time you're going to put a lot of stress on the car (and driver really). One of the nice things about TF is coming off and letting car + driver cool down.
hmm. Spa anyone ?
couldn't agree more if the insurance was in place i'd like to go back atleast once a year but as it is I think I'll end up doing more trackdays. +1
+ a couple of mates in the same position...
Am considering booking a ring track day but do have some reservations about that - firstly the weather could easily spoil it and you'd REALLY lose out - secondly if you've only got a relatively small window of track time you're going to put a lot of stress on the car (and driver really). One of the nice things about TF is coming off and letting car + driver cool down.
hmm. Spa anyone ?
On the last thread i read about this subject, someone mentioned your average German insurance policy has third party cover, even for off road events. This means even on German organised trackdays you are required to sign something which states you have insurance to cover third party. If you go to Pistenclub T&C's for a Nordschleife day, it says you have to pay for anything you break! This is why Germans are covered, regardless of the status during TF
oliverjthomas said:
If anybody knows better than I've found out, or indeed than the multitude of posts above, please give us the facts. There's plenty of smoke and mirrors regarding TF insurance out there and I think it will take some very hard facts to prove that insurance for the masses can be found.
I don't know about "insurance for the masses", but I have a policy with Allianz bought through a specialist broker that has a policy designed to cater for the needs of Porsche owners & it explicitly includes 3rd party risks for TF days and also unlimited trackday cover in the UK so long as the organiser is a member of the ATDO or FAEO. The cost was about 70% more than my previous NU policy, but for me it's worth it for the additional cover.Went to the Ring this weekend in my 911 Turbo.... It was my fifth visit.... place still scares the s
t outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...
So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
t outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
Porkie said:
Went to the Ring this weekend in my 911 Turbo.... It was my fifth visit.... place still scares the st outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...
So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
Well I have been keeping my powder dry on this one to see what turns up. I have been doing the ring most years now for the last 12 years or so. It has been interesting to say the least reading all the posts. I liked this one as it did suggest a way of doing it with out the big payouts should you crash! t outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
I looked on the link and found this
"What if I crash?"
You will need to pay for your own barrier damages and third party claims up to a maximum of €10,000. For damage to our cars the maximum amount payable is as follows; Alfa stage 1 €4000, Alfa stage 2&3 €6000, Clio €8000, R26.R €15000, BMW M3 CSL €20000 and GT3s €50000. Insurance for accident damage is available.
So it is still reasonably exspensive to have a little knock, but you do know the limit, and that is something.
A bill of €14000 (£12,000) worst case. Because lets face it most of us going to the ring do not need anything better than the bottom Alfa they have.
I find that a FAR more acceptable risk than running my own car. You only pay it IF you crash. And theres a good chance if you crash and damage just your own car it'll cost you more than that anyway.
So as always. If you MUST have a crash. Crash a hire car.
I find that a FAR more acceptable risk than running my own car. You only pay it IF you crash. And theres a good chance if you crash and damage just your own car it'll cost you more than that anyway.
So as always. If you MUST have a crash. Crash a hire car.
nxi20 said:
oliverjthomas said:
I don't know about "insurance for the masses", but I have a policy with Allianz bought through a specialist broker that has a policy designed to cater for the needs of Porsche owners & it explicitly includes 3rd party risks for TF days and also unlimited trackday cover in the UK so long as the organiser is a member of the ATDO or FAEO. The cost was about 70% more than my previous NU policy, but for me it's worth it for the additional cover.
Thanks for posting that one up; could well be worth further investigation. Cheers!slackalice said:
Porkie said:
Went to the Ring this weekend in my 911 Turbo.... It was my fifth visit.... place still scares the st outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...
So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
Well I have been keeping my powder dry on this one to see what turns up. I have been doing the ring most years now for the last 12 years or so. It has been interesting to say the least reading all the posts. I liked this one as it did suggest a way of doing it with out the big payouts should you crash! t outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
I looked on the link and found this
"What if I crash?"
You will need to pay for your own barrier damages and third party claims up to a maximum of €10,000. For damage to our cars the maximum amount payable is as follows; Alfa stage 1 €4000, Alfa stage 2&3 €6000, Clio €8000, R26.R €15000, BMW M3 CSL €20000 and GT3s €50000. Insurance for accident damage is available.
So it is still reasonably exspensive to have a little knock, but you do know the limit, and that is something.
Its the personal injury claims against me from some Biker with a death wish and I have to pay him £100,000,0000,000 for a broken finger or something that scared me off using my own car as I KNOW I am NOT insured on the Ring.
really glad I switched to the Alfa. Its really was great fun!!!
I have a piccy. hold on
slackalice said:
Way to go! move over baby, and let me have a go at that Alfa........................ yes it all makes sense.
I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
It doesn't include lap tickets - that would be an unbelievable bargain ... I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
tertius said:
slackalice said:
Way to go! move over baby, and let me have a go at that Alfa........................ yes it all makes sense.
I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
It doesn't include lap tickets - that would be an unbelievable bargain ... I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
website at link you provided said:
In Touristfahrt (public driving):
We can supply you with no-frills rental car for the more experienced touristfahrt addict, or an all-inclusive package with fuel and lap tickets included.
We can supply you with no-frills rental car for the more experienced touristfahrt addict, or an all-inclusive package with fuel and lap tickets included.
monthefish said:
tertius said:
slackalice said:
Way to go! move over baby, and let me have a go at that Alfa........................ yes it all makes sense.
I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
It doesn't include lap tickets - that would be an unbelievable bargain ... I think that i read on their web site that it included the toll tickets as well! all you have to do is to fill her up, way to go!
website at link you provided said:
In Touristfahrt (public driving):
We can supply you with no-frills rental car for the more experienced touristfahrt addict, or an all-inclusive package with fuel and lap tickets included.
We can supply you with no-frills rental car for the more experienced touristfahrt addict, or an all-inclusive package with fuel and lap tickets included.
But if Ron will do that I stand by my statement - its an unbelievable bargain.
Hi guys, Hi Lee!
Yes, it's €549 for a full day with the Alfa 75 V6 stg3 on an unlimited package. That's not including fuel and lap tickets, just unlimited kms, for the more 'hardcore' lapper...
All-inclusive packages, they start from €699 in the Clio Cup 197 and you 'get' 10 laps. Extra laps over that are €65 including the extra miles, the fuel and the lap tickets. Most people don't do more than 15 on the very best of days.
We're not pretending that crashing our insured cars is cheap, but bear in mind:
1) Over 90% of our accidents are single car accidents - we had two accident involving another car and a 3rd-party claim.
2) The average guardrail bill last year was about €1100
3) You ARE insured for that horrible "You smashed up my GT2/Lambo/Fezza/Pelvis/6th vertebra" moment.
Yes, it's €549 for a full day with the Alfa 75 V6 stg3 on an unlimited package. That's not including fuel and lap tickets, just unlimited kms, for the more 'hardcore' lapper...
All-inclusive packages, they start from €699 in the Clio Cup 197 and you 'get' 10 laps. Extra laps over that are €65 including the extra miles, the fuel and the lap tickets. Most people don't do more than 15 on the very best of days.
We're not pretending that crashing our insured cars is cheap, but bear in mind:
1) Over 90% of our accidents are single car accidents - we had two accident involving another car and a 3rd-party claim.
2) The average guardrail bill last year was about €1100
3) You ARE insured for that horrible "You smashed up my GT2/Lambo/Fezza/Pelvis/6th vertebra" moment.
Porkie said:
Here you go
really did handle well! on R888's and really nicely set up.
Looks like a nice bit of fun, and good value.really did handle well! on R888's and really nicely set up.
Just had a look at the site you got that shot from for some shots of mine, and they only list pictures from Sunday
I went to the truck grand prix on the Sunday, and was only on the track Friday and Saturday ..... DAMMIT! Someone must have a picture of my car from the Saturday!Porkie said:
slackalice said:
Porkie said:
Went to the Ring this weekend in my 911 Turbo.... It was my fifth visit.... place still scares the st outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...
So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
Well I have been keeping my powder dry on this one to see what turns up. I have been doing the ring most years now for the last 12 years or so. It has been interesting to say the least reading all the posts. I liked this one as it did suggest a way of doing it with out the big payouts should you crash! t outa me and after few laps in my 911 that I knew wasn't insured I could sense something was going to go wrong and it would all end in tears...So popped up to RSR and hired one of their R26R's...
voila... much more fun, and all properly insured!!!!
the next day I hired an old Alfa 75 from them!!! 500Euros for WHOLE DAY! unlimited laps!!!
I've never had more fun at the Ring and will never drive my own car on it again.
Alfas for me all the way now!!!! GREAT handling little things! and I know I am covered properly if it all goes tits up!!!
www.rsrnurburg.com
I looked on the link and found this
"What if I crash?"
You will need to pay for your own barrier damages and third party claims up to a maximum of €10,000. For damage to our cars the maximum amount payable is as follows; Alfa stage 1 €4000, Alfa stage 2&3 €6000, Clio €8000, R26.R €15000, BMW M3 CSL €20000 and GT3s €50000. Insurance for accident damage is available.
So it is still reasonably exspensive to have a little knock, but you do know the limit, and that is something.
Its the personal injury claims against me from some Biker with a death wish and I have to pay him £100,000,0000,000 for a broken finger or something that scared me off using my own car as I KNOW I am NOT insured on the Ring.
really glad I switched to the Alfa. Its really was great fun!!!
I have a piccy. hold on
It's a German road and a German insurance policy...
CDP said:
What's the situation if I rent a Hertz car at the airport in Germany?
It's a German road and a German insurance policy...
I have seen people in tourist rentals before but am certain the hire company's T&C's wont allow it.It's a German road and a German insurance policy...
was highly amused by one who still had his satnav suckered to the middle of the windscreen as he set off... hhhm. *turn around when possible*
Edited by DM112233 on Friday 31st July 13:35
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