Race car on the road insurance
Discussion
Going to tag onto this thread if I may. I've got 3 grand or so's worth of Fiesta tin top racer. Its not worth insuring for on track events purely because the excess is worth almost as much as the car and you've got to be very unlucky not to salvage anything from an incident. However if it was stolen or burnt etc. whilest sat around all of my investment would be lost. Are there insurance policies that cover purely against Fire and theft as it lives in my parents garage/on the drive?
Until recently, classic car insurers offered very cheap, limited milagage insurance, even for young drivers. But chavs realised that Minis, Golfs, Fiestas etc.etc qualified as 'classics' and raped the insurance. As a result, premiums for the under 21s have skyrocketed.
But if you're an old fart and live in the sticks, like me, I can still insure my race Triumph for road use for less than £200, fully comp, 3k miles/yr, agreed value £3.5K, by going to a broker "acknowledged" by my classic car club.
John
But if you're an old fart and live in the sticks, like me, I can still insure my race Triumph for road use for less than £200, fully comp, 3k miles/yr, agreed value £3.5K, by going to a broker "acknowledged" by my classic car club.
John
motorsportbeng said:
Going to tag onto this thread if I may. I've got 3 grand or so's worth of Fiesta tin top racer. Its not worth insuring for on track events purely because the excess is worth almost as much as the car and you've got to be very unlucky not to salvage anything from an incident. However if it was stolen or burnt etc. whilest sat around all of my investment would be lost. Are there insurance policies that cover purely against Fire and theft as it lives in my parents garage/on the drive?
Yes is the answer to that and REIS did a good policy for my M3 that covered it whilst in the garage and whilst being towed to and from a race meeting and testing/trackday. I think I had to tell them everytime I put it on the trailer to tow though.Apologies for the thread drift, but I keep my old e30 race car on a trailer under a car port. The car isn't road legal.
This set up is fairly recent, and it isn't insured at all at the moment. Not clever. However, I can't imagine many insurers would cover it. Does anyone have fire & theft cover for cars and trailers stored in this way?
This set up is fairly recent, and it isn't insured at all at the moment. Not clever. However, I can't imagine many insurers would cover it. Does anyone have fire & theft cover for cars and trailers stored in this way?
Thanks all, gone with REIS, good price, and didn't need to provide a list of mods.
So I am all set for the Welsh Sports and Saloon Championship. Anyone interested check this thread out http://pistonheads.com/gassing/topic.asp?h=0&f...
So I am all set for the Welsh Sports and Saloon Championship. Anyone interested check this thread out http://pistonheads.com/gassing/topic.asp?h=0&f...
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