RE: 'Ring Insurance Could Save You £1000s

[CDP]

Pity really as that would make a fantastic fly-drive holiday.

Jackie Stewart hired a beetle when he needed to learn the circuit.

What is the situation when a trackday organiser hires the circuit?

[fergus]

CDP said:

What is the situation when a trackday organiser hires the circuit?

As per a trackday in the UK, i.e. a totally private day with no public or 3rd party liability accepted. Every man for themselves so to speak. Pistols at dawn if something goes wrong...

[tertius]

fergus said:

CDP said:

What is the situation when a trackday organiser hires the circuit?

As per a trackday in the UK, i.e. a totally private day with no public or 3rd party liability accepted. Every man for themselves so to speak. Pistols at dawn if something goes wrong...

Does that not depend on the organiser? Some (most/all?) European track day organisers seem to require 3rd party cover.

[fergus]

tertius said:

fergus said:

CDP said:

What is the situation when a trackday organiser hires the circuit?

As per a trackday in the UK, i.e. a totally private day with no public or 3rd party liability accepted. Every man for themselves so to speak. Pistols at dawn if something goes wrong...

Does that not depend on the organiser? Some (most/all?) European track day organisers seem to require 3rd party cover.

Do RMA or Pistenclub? If so, I wasn't aware of that. Are you sure, on a private day? How is that different from a typicaly UK t/day?

[tertius]

fergus said:

tertius said:

fergus said:

CDP said:

What is the situation when a trackday organiser hires the circuit?

As per a trackday in the UK, i.e. a totally private day with no public or 3rd party liability accepted. Every man for themselves so to speak. Pistols at dawn if something goes wrong...

Does that not depend on the organiser? Some (most/all?) European track day organisers seem to require 3rd party cover.

Do RMA or Pistenclub? If so, I wasn't aware of that. Are you sure, on a private day? How is that different from a typicaly UK t/day?

I don't think RMA require it, but they are a UK TDO, however, I'm pretty sure that Scuderia Hanseat do, and if you look at a Pistenclub event entry form it says: "In respect of any damages caused by participants to others or to the racing circuit site and its facilities during the event (i.e. guard rails), participants undertake to settle full associated costs immediately with the persons or party harmed directly on location." so you are effectively being asked to underwrite third party cover yourself, I think it would be rash to do that without actual insurance.

I can't find the link now but there was a track day advertised at the NS earlier this year that required 3rd party cover which made me aware, so I think its fairly common.

[fergus]

tertius said:

fergus said:

tertius said:

fergus said:

CDP said:

What is the situation when a trackday organiser hires the circuit?

As per a trackday in the UK, i.e. a totally private day with no public or 3rd party liability accepted. Every man for themselves so to speak. Pistols at dawn if something goes wrong...

Does that not depend on the organiser? Some (most/all?) European track day organisers seem to require 3rd party cover.

Do RMA or Pistenclub? If so, I wasn't aware of that. Are you sure, on a private day? How is that different from a typicaly UK t/day?

I don't think RMA require it, but they are a UK TDO, however, I'm pretty sure that Scuderia Hanseat do, and if you look at a Pistenclub event entry form it says: "In respect of any damages caused by participants to others or to the racing circuit site and its facilities during the event (i.e. guard rails), participants undertake to settle full associated costs immediately with the persons or party harmed directly on location." so you are effectively being asked to underwrite third party cover yourself, I think it would be rash to do that without actual insurance.

I can't find the link now but there was a track day advertised at the NS earlier this year that required 3rd party cover which made me aware, so I think its fairly common.

Well, I've learnt something new today! cheers

[Thorso]

Hi,
I`m the german Allianz-broker offering „Ring Insurance“ via our partner Ken.
He came in my office weeks ago asking for third party cover on the northloop and he explaines the problem british drivers still do have driving the Ring. By reason we are brokers grown up with the Ring and motorsports we insure a couple of race-teams and Ring depending business. I was glad after reading up the problems of foreign visitors to find a solution with Allianz. For me it would be a pleasure to offer full third party coverageor something near it. But you and also me have to understand the position of Allianz.
It`s a major project and very hard to calculate. It`s a trendsetting step. Now you are able to insure yourself against ring/armco damages. It`s not the most expensive part of damages that can happen on the northloop (...and the premium is payable). But the greatest number of damages are ring damages.
Allianz now starts to gain experience with the Ring Insurance to go step two as soon as possible. I´m working for the extension of the cover and hope that you guys who need and wish for a payable third-party- cover assume it.
We are developing every part of it and I´m glad to tell you that our policy is clearly and easily structured (do watch Kens page. Now also documents like GCI and SCP are online)
I hope you gain it.
Please excuse my english. I´m also working on this part.

Kind regards
Thorsten Güth
Your partner in motorsports