'Ring Trip 28th - 30th May Crash. - M5 U.K. Car !

'Ring Trip 28th - 30th May Crash. - M5 U.K. Car !

Author
Discussion

robm3

4,930 posts

228 months

Tuesday 1st June 2010
quotequote all
Well, just lucky no Bikers went over it. Then there would have been deaths.

Was it a new V10 M5 or an older one?

agtlaw

6,712 posts

207 months

Tuesday 1st June 2010
quotequote all
TEKNOPUG said:

The 'ring is specifically excluded. There are no UK insurers that do not specifically exclude it.
^ this is total BS.

CTRBEAST

27 posts

182 months

Tuesday 1st June 2010
quotequote all
^ Agreed!


CTRBEAST

27 posts

182 months

Tuesday 1st June 2010
quotequote all
In fact I am reading my policy bookelet right now.. wait, no wait here it is .. yep, excluded!

Munter

31,319 posts

242 months

Tuesday 1st June 2010
quotequote all
TEKNOPUG said:
Penguinracer said:
On what grounds would the insurance company sue the insured. In contract? Which term of the insurance contract has he breached (provided the 'Ring is not explicitly excluded)? They can't sue in the tort of negligence as they have no locus standi to bring the action. The duty of care if one is owed at all,is owed to other road users. And what exactly is that duty? Perhaps to keep his vehicle MOT'ed and to not knowingly operate it on a public road if he suspects that it doesn't comply MOT standards notwithstanding that it has one? More often than not it is the reverse - a case of subrogation whereby the insurer pays out to the insured and then assumes the insured's locus standi to bring an action against a third party, generally in tort.
The 'ring is specifically excluded. There are no UK insurers that do not specifically exclude it.
I have seen a policy where it's not excluded by name. And as far as I was concerned not in any other way either (e.g. no ban on de-restricted toll roads or any other matching description). However a.n.other person I was with unfortunately tested that policy....the insurance company have claimed all sorts to squirm out of it.

If it's specifically excluded and you go on there. Well you're on your own and you should know it.

But when you actually read your policy documents to check, and find nothing you can interpret as the 'ring and they still intend to pursue you for costs. That's not right. But it seems that's what some of them will do. So to avoid years of strife sorting it out, unless you have evidence saying they will pay out on that policy wording, it's not worth the hassle and stress.

So it's not impossible for the M5 guy to be covered for the 3rd party costs.....but he might have to prove it with a good lawyer, and hopefully some supporting documentation.

Chunky La Funga

5,187 posts

238 months

Tuesday 1st June 2010
quotequote all
I'm with a very big insurer and there is no exclusion on my policy for Nurburgring, one-way derestricted toll roads or any of that mumbo.

Edited by Chunky La Funga on Tuesday 1st June 17:54

agtlaw

6,712 posts

207 months

Tuesday 1st June 2010
quotequote all
CTRBEAST said:
In fact I am reading my policy bookelet right now.. wait, no wait here it is .. yep, excluded!
lol. i'll agree that most insurers exclude it. not all. i've dealt with several concluded claims. all paid out. no issues.

Chunky La Funga

5,187 posts

238 months

Tuesday 1st June 2010
quotequote all
agtlaw said:
Soovy said:
but they will then sue the M5 driver for their money back. He will be paying for all of the damage, one way or another. If he cannot pay, and has a house, they will bankrupt him and it will be sold.
interesting. can't say i've ever dealt with a nurburgring case where any of that EVER happened. still, i'm sure you know better as you're plainly a forum "expert". well done.
If the Daily Mail wrote Nurburgring scare stories...

tertius

6,858 posts

231 months

Tuesday 1st June 2010
quotequote all
agtlaw said:
TEKNOPUG said:

The 'ring is specifically excluded. There are no UK insurers that do not specifically exclude it.
^ this is total BS.
Seconded.

Mattt

16,661 posts

219 months

Tuesday 1st June 2010
quotequote all
tertius said:
agtlaw said:
TEKNOPUG said:

The 'ring is specifically excluded. There are no UK insurers that do not specifically exclude it.
^ this is total BS.
Seconded.
The vast majority of mainstream (that I've seen) do though either explicitly or impliedly.

T89 Callan

8,422 posts

194 months

Tuesday 1st June 2010
quotequote all
Mattt said:
"I heard stuff, but I'm not going to say."

Was there any need to post anything then?
I wrote it out and then thought about about it and decided not to. Does that make me a bad person?

No it doesn't so nafff orf

tertius

6,858 posts

231 months

Tuesday 1st June 2010
quotequote all
Mattt said:
tertius said:
agtlaw said:
TEKNOPUG said:

The 'ring is specifically excluded. There are no UK insurers that do not specifically exclude it.
^ this is total BS.
Seconded.
The vast majority of mainstream (that I've seen) do though either explicitly or impliedly.
Quite possibly true, however, the vast majority is quite different from all.

fireman

16 posts

228 months

Tuesday 1st June 2010
quotequote all
Nurburgring is one track (GP), Nordschlief is another!
A German Insurance company we know offer cover for 8 laps at a very resonable cost!

mmm-five

11,250 posts

285 months

Tuesday 1st June 2010
quotequote all
fireman said:
Nurburgring is one track (GP), Nordschlief is another!
IIRC mine specifically excludes 'Nürburgring Nordschliefe' by name, unfortunately, and no UK track day insurer I've tried will provide cover for a touristenfahrten day.

fireman said:
A German Insurance company we know offer cover for 8 laps at a very resonable cost!
Is that fully comprehensive insurance (i.e. 1st & 3rd party damage, covering the cost of track closure, medical services, recovery services, helicopter, track repair). If so, are you going to tell us who, and at what cost?

Munter

31,319 posts

242 months

Tuesday 1st June 2010
quotequote all
8 laps rang a bell.

I suspect it's this one.

http://www.pistonheads.com/gassing/topic.asp?f=18&...

fluffnik

20,156 posts

228 months

Tuesday 1st June 2010
quotequote all
996TT_STEVO said:
All insurance companies here treat it as a race track
The legality of this needs challenged.

mmm-five

11,250 posts

285 months

Tuesday 1st June 2010
quotequote all
Munter said:
8 laps rang a bell.

I suspect it's this one.

http://www.pistonheads.com/gassing/topic.asp?f=18&...
Which is almost no cover at all, as it only covers the cost of the armco, helicopter and some recovery fees.
It doesn't pay a penny towards the cost of fixing your car, or any damage caused to other vehicles/drivers/passengers.

Almost a year since the Allianz broker spoke up, but I've not heard anything about a new policy being available.

fireman

16 posts

228 months

Tuesday 1st June 2010
quotequote all
Thats the one!

mmm-five

11,250 posts

285 months

Tuesday 1st June 2010
quotequote all
fireman said:
Thats the one!
So, now that you've read the other thread, do you see how it is not 'cover for a reasonable cost' after all.

chrisr29

1,251 posts

198 months

Tuesday 1st June 2010
quotequote all
fluffnik said:
996TT_STEVO said:
All insurance companies here treat it as a race track
The legality of this needs challenged.
But it is a race track, it was built as a race track. Your average regular treats it as a race track. Personaly I don't blame uk insurance companies from excluding it. The crash stats for a busy weekend are ridiculous!

Still, I go there 2/3 times a year and hope that if I drive within my limits, avoid when wet etc etc etc then I'll come home in one piece......usually works!