Red Letter Day Insurance.
Discussion
Mods - please feel free to move this to the appropriate section - I'm unsure where it would go? Lounge/ General Gassing/ Speed, Plod and the Law - Business??.... very baffling :-)
Quickie for you:
I received a Red Letter day/ Experience day for in Prestwold.
I get to drive a supercar for the day, woohoo!!
Opted for the Aston Martin DB9 - but might be given the V8 instead... oh shucks! :-D :-D
Either way, on booking - I was offered insurance.
Something like £25 if I paid then and there, or £40 if I paid on the day.
Being a tight arse, I declined.
They stated that I am insured, but not insured... ??
I am insured to drive the car, on their track and without any limitations (bar my own.)
However, paranoia has set in!
If I was to have an accident; albeit I lose control, the tyre pops, an ickle bunny rabbit wants a closer look at the engine, someone bumps into me etc etc - would I be at fault? i.e. out of pocket for any repairs.
The booking-lady (sales lady maybe?) on the phone said yes, kind of, maybe. It depends.
Surely they HAVE to insure their cars, and every one that drives it, for all possibilities?
What on earth could I be liable for? Why should I pay towards the repair cost of a £130,000 vehicle used specifically for (novice) drivers going round a track as quick as possible.
OK, so not a quick question - but, you get the idea.
Is it wise to phone them up and get the insurance before my arrival? £25 is still £25!
A drop in comparison to £130,000, but that could get me 45 bottles of san miguel from testcos, and 5 lucky dips!
Answers on a postcode please :-)
Quickie for you:
I received a Red Letter day/ Experience day for in Prestwold.
I get to drive a supercar for the day, woohoo!!
Opted for the Aston Martin DB9 - but might be given the V8 instead... oh shucks! :-D :-D
Either way, on booking - I was offered insurance.
Something like £25 if I paid then and there, or £40 if I paid on the day.
Being a tight arse, I declined.
They stated that I am insured, but not insured... ??
I am insured to drive the car, on their track and without any limitations (bar my own.)
However, paranoia has set in!
If I was to have an accident; albeit I lose control, the tyre pops, an ickle bunny rabbit wants a closer look at the engine, someone bumps into me etc etc - would I be at fault? i.e. out of pocket for any repairs.
The booking-lady (sales lady maybe?) on the phone said yes, kind of, maybe. It depends.
Surely they HAVE to insure their cars, and every one that drives it, for all possibilities?
What on earth could I be liable for? Why should I pay towards the repair cost of a £130,000 vehicle used specifically for (novice) drivers going round a track as quick as possible.
OK, so not a quick question - but, you get the idea.
Is it wise to phone them up and get the insurance before my arrival? £25 is still £25!
A drop in comparison to £130,000, but that could get me 45 bottles of san miguel from testcos, and 5 lucky dips!
Answers on a postcode please :-)
mat13 said:
45 bottles of san miguel for twenty quid you say 
Quickly going off topic, but we need to get back on!Yes, tescos - in sheffield, are doing any 3x cases of lager for £20. 1x case of san migeul has 15 bottles.
I'd be lucky to get 6x bottles in a club for under £20, so getting 45 is an absolute bargain. Except I'm not drinking it in a club, surrounded by totty. So maybe not totally worth it.
Anyhoos, red letter day insurance...... should I, or shouldn't I?
mically said:
mat13 said:
45 bottles of san miguel for twenty quid you say
Quickly going off topic, but we need to get back on!Yes, tescos - in sheffield, are doing any 3x cases of lager for £20. 1x case of san migeul has 15 bottles.
I'd be lucky to get 6x bottles in a club for under £20, so getting 45 is an absolute bargain. Except I'm not drinking it in a club, surrounded by totty. So maybe not totally worth it.
Anyhoos, red letter day insurance...... should I, or shouldn't I?
I've done one of these track day experience things before, albeit Drivers Dream Days rather than Red Letter Days.
As long as its similar to that, then you will have insurance regardless - but if you do have an accident then you cover the first £3000 or so (not the entire value of the car!). This 'extra' insurance they try and flog you will mean you pay nothing if you wreck the car.
I opted not to pay the extra, and was glad I didn't at the end, though there are probably a couple of people somewhere very glad they did...
As long as its similar to that, then you will have insurance regardless - but if you do have an accident then you cover the first £3000 or so (not the entire value of the car!). This 'extra' insurance they try and flog you will mean you pay nothing if you wreck the car.
I opted not to pay the extra, and was glad I didn't at the end, though there are probably a couple of people somewhere very glad they did...
Seems a bit of a no-brainer to me, pay an extra 25 quid and enjoy the day safe in the knowledge that should things go wrong, you're totally covered.
Don't pay the extra 25 quid and if it goes tits up, you're most likely going to be paying for that red letter for the rest of your life.
Don't pay the extra 25 quid and if it goes tits up, you're most likely going to be paying for that red letter for the rest of your life.
Edited by Adenauer on Tuesday 1st June 13:23
cronk-flakes said:
I drove a Gallardo and 911 last year and opted for the £20 insurance.
Yes - £20 is £20, but £130,000 is life-ruining and it only takes one mistake to end up there!
But try to have fun!
You would *never* have to pay £130k. If you decline the insurance you are liable for only the first £2k (may now be £3k) of the whole claim. Yes - £20 is £20, but £130,000 is life-ruining and it only takes one mistake to end up there!
But try to have fun!
The instructors do not allow you to give it full beans - far from it. You would have to be a proper idiot to crash one of their cars IMO
If the peace of mind means you can enjoy your experience more, then pay the £25
Phooey said:
cronk-flakes said:
I drove a Gallardo and 911 last year and opted for the £20 insurance.
Yes - £20 is £20, but £130,000 is life-ruining and it only takes one mistake to end up there!
But try to have fun!
You would *never* have to pay £130k. If you decline the insurance you are liable for only the first £2k (may now be £3k) of the whole claim. Yes - £20 is £20, but £130,000 is life-ruining and it only takes one mistake to end up there!
But try to have fun!
The instructors do not allow you to give it full beans - far from it. You would have to be a proper idiot to crash one of their cars IMO
If the peace of mind means you can enjoy your experience more, then pay the £25
I actually didn't drive with Red Letter, and the instructor I was with told me to give it some whack. In the porker, I wasn't allowed to change up unless it red-lined! The barriers looked rather daunting!
I did the Prestwold one a couple of weeks ago in a Gallardo. I'm sure you have to pay the first £2,000 if you have/cause an accident. I was more worried that if you spin it your experience is ended straight away, but your not allowed to do anything that would even get close to provoking a spin anyway.
p.s. i got a woman instuctor who i thought would be rubbish but turned out to be ace!
p.s. i got a woman instuctor who i thought would be rubbish but turned out to be ace!
As stated, I wouldn't bother. You don't go full bore anyhoos.
Great fun though, I'd driven the lot in a sedate manner on the road before. Driving them in semi anger on the track is an eye opener. I was surprised with the 911 I drove, I felt I could push it more than anything else. I almost had an inkling as to where it's limits might be. I think.
Great fun though, I'd driven the lot in a sedate manner on the road before. Driving them in semi anger on the track is an eye opener. I was surprised with the 911 I drove, I felt I could push it more than anything else. I almost had an inkling as to where it's limits might be. I think.
It's a pricing trick it keeps the cost of the experience lower, they sell all sorts of additional drives, passenger rides, photos etc. Once you are there you can get additional laps etc. I can imagine that insuring a car for any driver on a track without an excess could be crippling. So charging £20, £25 a person as an excess waiver look at a hire car company they do similar.
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