Insurance for 'ring.
Discussion
Off to the ring again in a month or so and need to sort insurance.
Does anyone know of an insurance company which will insure fully comp for ring use.
I know it will have to a specialist company and not normal insurance.
I don’t want to get involved with the am I, aren’t I covered of regular insurance terms and conditions, and before anybody says it no I won’t phone them up and ask.
Thanks in advance
Does anyone know of an insurance company which will insure fully comp for ring use.
I know it will have to a specialist company and not normal insurance.
I don’t want to get involved with the am I, aren’t I covered of regular insurance terms and conditions, and before anybody says it no I won’t phone them up and ask.
Thanks in advance
It's the old de-restricted clause and I know the ring technically has several speed limits.
I want cast iron cover and don't want to have spend ages worrying and wrangling after the event. I have used competition car insurance in the past but if i recall correctly they would only cover my vehicle which is not my main concern as although it would hurt i can afford to lose it.
I don't want to sell/remorgage my house if I am found to be at fault for writing off a 911 etc.
I want cast iron cover and don't want to have spend ages worrying and wrangling after the event. I have used competition car insurance in the past but if i recall correctly they would only cover my vehicle which is not my main concern as although it would hurt i can afford to lose it.
I don't want to sell/remorgage my house if I am found to be at fault for writing off a 911 etc.
I know exactly what you mean but I am not looking for a regular insurance company who haven't made their terms and conditions water tight for the ring.
I am looking for a track day type insurance with a company who are specifically willing to cover the ring. There must be a market for it as trips to the ring seem to be common place now.
I am looking for a track day type insurance with a company who are specifically willing to cover the ring. There must be a market for it as trips to the ring seem to be common place now.
As the 'ring is a public road except when it is closed for racing, race insurance would not apply.
Seriously, find a normal insurance policy without the specific exclusion. Do not ask whether or not it is covered, just go through the fine print on your own or have someone recommend a company to you that they use. Check the fine print anyway just in case.
Surely someone here can point you in the right direction. I'm located in Deutschland so unfortunately I can't really help you there.
There have been numerous claims paid out for crashes on the 'ring. You main worry is for liability should you be found at fault for someone's injuries.
Race insurance covers damage to the car with an enormous deductable, is very dear, and good only for one race. It does not pay for the armco bill, or liability.
Seriously, find a normal insurance policy without the specific exclusion. Do not ask whether or not it is covered, just go through the fine print on your own or have someone recommend a company to you that they use. Check the fine print anyway just in case.
Surely someone here can point you in the right direction. I'm located in Deutschland so unfortunately I can't really help you there.
There have been numerous claims paid out for crashes on the 'ring. You main worry is for liability should you be found at fault for someone's injuries.
Race insurance covers damage to the car with an enormous deductable, is very dear, and good only for one race. It does not pay for the armco bill, or liability.
The OP is right to ask. If you want to know you are definitely insured you need someone who confirms it is included - not just someone who doesn't mention it.
I know of a guy recently who wrote his car off there and his insurance refused to pay out. He argues that it was not excluded in his policy, so he should be covered. They said it was a race track, which was excluded. He argued (correctly in my view) that it was a public toll road, NOT a race track, and so he should be covered. They refused. He went to the insurance ombudsman to appeal, hoping they would overrule the decision, but after he put forward the argument for it being a road (and it was a sensible, well thought through argument he made - he's not an idiot) but they sided with his insurer and he didn't get paid out.
So, anyone from the UK that choose to go on their road policy, thinking they'll be covered it taking a risk that they aren't, even if it's not specifically excluded.
On the flip side, I know of others that have been paid out. However, they have always chosen to be vague as to exactly where the accident happened...
The one person who I know is specifically covered, uses NFU (National Farmers Union). I don't know if anyone can use them though. He tells them specifically when he's going, what car he's taking, and who'll be driving, and they are happy to cover him, in writing, as they do for the regular track days he does. However, he does have a range of "interesting" cars insured through them, so I don't think he has anything resembling a standard policy.
I know of a guy recently who wrote his car off there and his insurance refused to pay out. He argues that it was not excluded in his policy, so he should be covered. They said it was a race track, which was excluded. He argued (correctly in my view) that it was a public toll road, NOT a race track, and so he should be covered. They refused. He went to the insurance ombudsman to appeal, hoping they would overrule the decision, but after he put forward the argument for it being a road (and it was a sensible, well thought through argument he made - he's not an idiot) but they sided with his insurer and he didn't get paid out.
So, anyone from the UK that choose to go on their road policy, thinking they'll be covered it taking a risk that they aren't, even if it's not specifically excluded.
On the flip side, I know of others that have been paid out. However, they have always chosen to be vague as to exactly where the accident happened...
The one person who I know is specifically covered, uses NFU (National Farmers Union). I don't know if anyone can use them though. He tells them specifically when he's going, what car he's taking, and who'll be driving, and they are happy to cover him, in writing, as they do for the regular track days he does. However, he does have a range of "interesting" cars insured through them, so I don't think he has anything resembling a standard policy.
hammerwerfer said:
As the 'ring is a public road except when it is closed for racing, race insurance would not apply.
Seriously, find a normal insurance policy without the specific exclusion. Do not ask whether or not it is covered, just go through the fine print on your own
Seriously, find a normal insurance policy without the specific exclusion. Do not ask whether or not it is covered, just go through the fine print on your own
I cannot recommend strongly enough not doing this. If the accident is large and expensive, eventually you're going to be fighting the insurance company's retained £600/hr QC in court, and you're going to lose. And probably get lumbered with court costs on top of the cost of recovering the pile of smouldering scrap from Germany as well as fixing the 'Ring Armco.
Find an insurers who will specifically accept the risk. In writing. Insurance is for when things go wrong - do you really want to be arguing fine legal points from an orthopaedic ward?
(And another thought; if they find out that you've asked on here, that'll count as evidence that you were already aware that your insurance may not be valid. And if you're staring at a £2M damages claim, believe me, they'll find out.)
I think anyone going there and driving on their road policy that has no statement about the ring either way, has to make a decision as to if they are happy with the risk they are taking on.
If you are willing to gamble that you are 9x% sure not to have an accident, and it you do you are then 9x% sure it'll only be bent metal and you are then either going to be completely honest about it, and risk not being paid out, or to be vague as to where it happened in order to maximize the chance of getting paid out, then there's no need to tell them (although the legality of this approach I believe would be dubious at best). I believe most Brits that are there would be included in the above scenario.
If you are willing to gamble that you are 9x% sure not to have an accident, and it you do you are then 9x% sure it'll only be bent metal and you are then either going to be completely honest about it, and risk not being paid out, or to be vague as to where it happened in order to maximize the chance of getting paid out, then there's no need to tell them (although the legality of this approach I believe would be dubious at best). I believe most Brits that are there would be included in the above scenario.
Edited by willdew on Monday 30th April 14:36
I don't understand this. The OP is asking about fully comp insurance but then mentions a third party risk. I thought that because it was a public road your insurance was obliged to cover you third party? And as a consequence you would be insured against that sort of thing (writing off someone elses 911) but not wrecking your own car.
Or have I missed something (which is highly likely)?
Or have I missed something (which is highly likely)?
Thanks for the replies.
I am looking for fully comp cover from a specialist company so that the cover is clear and guaranteed, perhaps it doesn’t exist or will be too expensive but was hoping for some recommendations.
I mention the third party risks because they are the really scary ones, writing off somebody’s expensive car or worse a personal injury claim.
I will not drive on the track without proper cover and I want fully comp because there must be a huge number of uninsured drivers on there.
Maybe I just have to soak up the atmosphere this year and enjoy the local area.
Cheers
I am looking for fully comp cover from a specialist company so that the cover is clear and guaranteed, perhaps it doesn’t exist or will be too expensive but was hoping for some recommendations.
I mention the third party risks because they are the really scary ones, writing off somebody’s expensive car or worse a personal injury claim.
I will not drive on the track without proper cover and I want fully comp because there must be a huge number of uninsured drivers on there.
Maybe I just have to soak up the atmosphere this year and enjoy the local area.
Cheers
NCC1701 said:
Thanks for the replies.
I am looking for fully comp cover from a specialist company so that the cover is clear and guaranteed, perhaps it doesn’t exist or will be too expensive but was hoping for some recommendations.
I mention the third party risks because they are the really scary ones, writing off somebody’s expensive car or worse a personal injury claim.
I will not drive on the track without proper cover and I want fully comp because there must be a huge number of uninsured drivers on there.
Maybe I just have to soak up the atmosphere this year and enjoy the local area.
Cheers
I am looking for fully comp cover from a specialist company so that the cover is clear and guaranteed, perhaps it doesn’t exist or will be too expensive but was hoping for some recommendations.
I mention the third party risks because they are the really scary ones, writing off somebody’s expensive car or worse a personal injury claim.
I will not drive on the track without proper cover and I want fully comp because there must be a huge number of uninsured drivers on there.
Maybe I just have to soak up the atmosphere this year and enjoy the local area.
Cheers
Competition Car Insurance based in Nottingham, google search will find them. I asked last year and they cover it but was around £700 for a couple of days cover for a car worth £8k.
If you are concerned about third party cover then regardless of any exclusion clause in your policy on a public day at the Ring you do have full third party cover because in the eyes of German law the Ring on public day is a road on which normal German road law applies. However the exclusion clause will apply to the compresive cover on your car so if you crash into someone else, their costs will be covered, but your wrecked car won't be.
Richard
Richard
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