Login | Register
SearchMy Stuff
My ProfileMy PreferencesMy Mates RSS Feed
2 3 ... 7 8
Reply to Topic
Author Discussion

caymanred

Original Poster:

698 posts

66 months

[news] 
Thursday 30th September 2010 quote quote all
hey guys,


im going to the ring on the 16th october, and im just wondering who are the best specialists to talk to for insurance? any ideas?

i will only be on it for one day, any ideas on the usual sort of quote for a day at the ring or the equivalent? anyone gone with a cayman??

also has anyone done it through their current insurer rather then going to a specialist?


thanks!


edh

554 posts

154 months

[news] 
Thursday 30th September 2010 quote quote all
Very difficult to get cover for TF days now (I'm assuming you're not doing a trackday there..)
Have a read of some insurance threads here & elsewhere to get a feel for the issues - particularly third party liabilities.

talk to your insurer - but you probably won't be covered.

ALY77

520 posts

95 months

[news] 
Thursday 30th September 2010 quote quote all
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.

y2blade

54,388 posts

100 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.
eek

Tyre Smoke

9,668 posts

146 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.
But hey, it's not all bad! rofl

Simple answer is all the above is true, of course. But drive your car like you have your son/daughter/girlfriend on board and remember that unless you are covered by a large wallet toting sugar daddy, it's a game of roulette and all your life is on black. The more you are a nutter the more likely red is going to come in. Keep a level head and you can sport a 'Ring badge with pride.
Advertisement

ALY77

520 posts

95 months

[news] 
Thursday 30th September 2010 quote quote all
y2blade said:
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.
eek
"Third party liability" No-one bar one or two very specialist brokers for specific models of car will touch it.
You can get the odd basic policy for damage to the track or you can get track day cover for a closed track session but that doesn't cover TF days.

This is one the reasons the rental option is popular but even then, you have excess' of 8000euros for a Megane for example so it can still go very wrong financially.

y2blade

54,388 posts

100 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
y2blade said:
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.
eek
"Third party liability" No-one bar one or two very specialist brokers for specific models of car will touch it.
You can get the odd basic policy for damage to the track or you can get track day cover for a closed track session but that doesn't cover TF days.

This is one the reasons the rental option is popular but even then, you have excess' of 8000euros for a Megane for example so it can still go very wrong financially.
I'm planning on doing my first ring trip next summer, so that info is food for thought (I didn't realise there was NO WAY of getting TF cover)


Soovy

33,131 posts

156 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
If you crash, the owners of the ring and anyone you injure can pursue your insurers who will have to pay under european law. But since they say they wont cover you there (whether its clear or not on your policy documents) then they will in turn come after you for the money they pay out.

If its a barrier belonging the track you bend then you're fixing the barrier and your car.
If you drop fluid and eight German bank officials on 100k euros a year, with families to support slide on your oil say, in to barriers from their R1's and all end up cripples, then you are paying for eight bikes, a barrier, eight medivac airlifts and the 24 hour care for eight of them for the rest of their lives.
Someone should sticky this to save hours and hours of arguing.

This. 1000%.


If you go to the Ring, you're gambling with everything you own now, and every penny you'll ever earn.



Edited by Soovy on Thursday 30th September 13:51

ALY77

520 posts

95 months

[news] 
Thursday 30th September 2010 quote quote all
You could buy a german house then a german car registered to your house and a normal german insurance policy. TF to them is a normal road so cover as if you were on an autobahn!

There is an owners club preffered insurer that will insure owners of a certain make of car for club members but its nothing mainstream & I forget the details at the momement.

If you are british joe public then you have no cover is the bottom line. You can behave accordingly but you run the risk of being collected by someone else's screw up or having mechanical problems that lead to bigger things.

Soovy

33,131 posts

156 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
You could buy a german house then a german car registered to your house and a normal german insurance policy. TF to them is a normal road so cover as if you were on an autobahn!

There is an owners club preffered insurer that will insure owners of a certain make of car for club members but its nothing mainstream & I forget the details at the momement.

If you are british joe public then you have no cover is the bottom line. You can behave accordingly but you run the risk of being collected by someone else's screw up or having mechanical problems that lead to bigger things.
The mecahnical thing scares me. There have been indeicents of GT3 dropping coolant, and bikers being hurt. The GT3 driver was on the hook.

edh

554 posts

154 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
To save you four or five hours of your life the crux of the matter is this;

Touristfahren - You aren't insured & you can't get insurance.
Not entirely true - I had cover confirmed in writing when I went in May. I doubt this will last forever though.

Munter

25,211 posts

126 months

[news] 
Thursday 30th September 2010 quote quote all
y2blade said:
I'm planning on doing my first ring trip next summer, so that info is food for thought (I didn't realise there was NO WAY of getting TF cover)
Rent. Rent. And finally Rent. And not from Hertz! But from RSR or Ring Rentals etc. There's plenty of choices and reasons to rent, and very few reasons to drive your own car.

Soovy

33,131 posts

156 months

[news] 
Thursday 30th September 2010 quote quote all

agtlaw

2,943 posts

91 months

[news] 
Thursday 30th September 2010 quote quote all
ALY77 said:
Touristfahren - You aren't insured & you can't get insurance.
ALY77 said:
There is an owners club preferred insurer that will insure owners ...
that's cleared that up then.

tomvcarter

996 posts

78 months

[news] 
Thursday 30th September 2010 quote quote all

agtlaw

2,943 posts

91 months

[news] 
Thursday 30th September 2010 quote quote all
tomvcarter said:
lol.

Soovy

33,131 posts

156 months

[news] 
Thursday 30th September 2010 quote quote all
tomvcarter said:
Covers damage to the track, and 30k (laugh) for deaths......


Munter

25,211 posts

126 months

[news] 
Thursday 30th September 2010 quote quote all
tomvcarter said:
10,000 Euros of cover for the track furniture. For 8 laps on one day.

It doesn't cover you for a.n.other drivers costs. Just for the damage you did to the circuit or to yourself I think.

Put it another way. If you write off the Zakspeed viper by dropping fluids and the driver gets a sore leg and can't do his job for a bit. I see no numbers on that policy that will cover your costs?

ALY77

520 posts

95 months

[news] 
Thursday 30th September 2010 quote quote all
agtlaw said:
ALY77 said:
Touristfahren - You aren't insured & you can't get insurance.
ALY77 said:
There is an owners club preferred insurer that will insure owners ...
that's cleared that up then.
When you take the lines out of their context no, it appears to contradict itself.
I'll hazard a guess that our initial enquirer isn't in said club, won't be able to get in to it and my first statement you quote is true. As is the latter you've taken a section from.

y2blade

54,388 posts

100 months

[news] 
Thursday 30th September 2010 quote quote all
Munter said:
y2blade said:
I'm planning on doing my first ring trip next summer, so that info is food for thought (I didn't realise there was NO WAY of getting TF cover)
Rent. Rent. And finally Rent. And not from Hertz! But from RSR or Ring Rentals etc. There's plenty of choices and reasons to rent, and very few reasons to drive your own car.
tbh I'll probably just blag a passenger lap or book a run out in the ring taxi then
2 3 ... 7 8
Reply to Topic