Rockingham track day cover
Discussion
Back on track
So, if I get this right we have
MORIS
£30,000 insured (maximum they will provide)
£5,000 excess
£285 premium
5% discount each time you insure with them again
Dan says they also offer a NCD of 5% per day up to 5 days maximum
Competition Car Insurance
I estimated my car is worth £45000 (6 month old 3R)
Minimum cover:
Sum insured (half the value) - £22,500
excess - £4500 (10% of full value)
cost £208 (one track day)
Maximum cover:
Sum insured (full value) - £45,000
excess - £4500 (10% of full value)
cost - £323 (one track day)
Take your pick or take your chances!
Marsh are advertising "Seasonal On Track Insurance" (Contact Adrian Hardy or Richard Williams 01892 553160 uk.sports@marsh.com) in Circuit Driver this month - I've just emailed them for details and I'll post it back on here when I hear back from them.
J
So, if I get this right we have
MORIS
£30,000 insured (maximum they will provide)
£5,000 excess
£285 premium
5% discount each time you insure with them again
Dan says they also offer a NCD of 5% per day up to 5 days maximum
Competition Car Insurance
I estimated my car is worth £45000 (6 month old 3R)
Minimum cover:
Sum insured (half the value) - £22,500
excess - £4500 (10% of full value)
cost £208 (one track day)
Maximum cover:
Sum insured (full value) - £45,000
excess - £4500 (10% of full value)
cost - £323 (one track day)
Take your pick or take your chances!
Marsh are advertising "Seasonal On Track Insurance" (Contact Adrian Hardy or Richard Williams 01892 553160 uk.sports@marsh.com) in Circuit Driver this month - I've just emailed them for details and I'll post it back on here when I hear back from them.
J
Do some fo;k "take a chance"?
Am I correct in thinking that the insurance is only for your own car?
If I have no cover and someone jack hammers my car due to no fault of mine, what happens then?
I am currently waiting for a policy to be made for me by Autotorque and am on their own policy for 60 days while Chaucer Insurance work out the figures. I am with Norwich Union for the 60 days with unlimited miles but no trackday cover.
I doubt if they will have my new policy ready for my first trackday run on the 16th April but I would be scared to track it with no insurance, as however careful I am, someone else could always crash into me!
£250+ for 1 day seems a little steep, especially with such a high excess.
Am I correct in thinking that the insurance is only for your own car?
If I have no cover and someone jack hammers my car due to no fault of mine, what happens then?
I am currently waiting for a policy to be made for me by Autotorque and am on their own policy for 60 days while Chaucer Insurance work out the figures. I am with Norwich Union for the 60 days with unlimited miles but no trackday cover.
I doubt if they will have my new policy ready for my first trackday run on the 16th April but I would be scared to track it with no insurance, as however careful I am, someone else could always crash into me!
£250+ for 1 day seems a little steep, especially with such a high excess.
Loads and loads of people don't bother with specific insurance.
Here's a quick FAQ on track days and insurance, but do whatever *you* feel is appropiate.
1) It's a matter of debate if track days are covered or not under insurance that doesn't explicity exclude it.
If a claim was rejected then you'd appeal to the FOB. The FOB's predecessor, the IOB, ruled on an accident at a track day in August 1997 at Donington Park forced an insurer to pay after it was revealed that the motorcycle "was being ridden as part of a slowmoving carnival procession".
Check your policy wording carefully. If it's not explicitly in there, and you ring them up however and they verbally tell you they don't cover it, then they could produce that in evidence against you if you did appeal to the FOB.
The specific judgement is here
www.theiob.org.uk/bulletins/bulletin21/section10.html
Make your own mind up if that would still apply.
2) Although you sign an indemnity, that is only towards the organiser. Therefore, potentially, if someone is negligent and hits your car then you would have a claim for negligence against them. You would have to pursue them through their insurer first (as you would be claiming against their car insurance - regardless of the situation of 1) above), and then if their insurer refused you could either sue their insurer or the driver directly. Nigeligence would have to be proven otherwise it would probably be seen as a "nock for nock", and then you would be at the mercy of 1) above.
3) Is it really that expensive? You've paid ~£200 for the day, can easily get through a set of tyres if you start having fun @ ~£500, then fuel (£50-100 depending on how much you drive), then oil (£100 every 3-4 track days), a proportion of servicing etc.
If you want peace of mind, £200-300 is probably not that bad an idea.
4) The risks are small at well organised events, but can happen. Issues normally happen when very different cars are out on track (e.g. a MX-5 and GT3 had a coming together at a recent RMA day it seems).
5) Damage is normally light in the accidents I've seen. The largest bill I've seen was ~£3k for hitting the tyres side on at Rockingham for a 200SX. Not cheap, but not a disaster. However, it has to be said said person was doing very lary power slides around one of the corners with little run off and came a little bit unstuck.
So - the choice is yours. Me, it depends. Occasionally I take out insurance, but most of the time I don't.
J
Here's a quick FAQ on track days and insurance, but do whatever *you* feel is appropiate.
1) It's a matter of debate if track days are covered or not under insurance that doesn't explicity exclude it.
If a claim was rejected then you'd appeal to the FOB. The FOB's predecessor, the IOB, ruled on an accident at a track day in August 1997 at Donington Park forced an insurer to pay after it was revealed that the motorcycle "was being ridden as part of a slowmoving carnival procession".
Check your policy wording carefully. If it's not explicitly in there, and you ring them up however and they verbally tell you they don't cover it, then they could produce that in evidence against you if you did appeal to the FOB.
The specific judgement is here
www.theiob.org.uk/bulletins/bulletin21/section10.html
Make your own mind up if that would still apply.
2) Although you sign an indemnity, that is only towards the organiser. Therefore, potentially, if someone is negligent and hits your car then you would have a claim for negligence against them. You would have to pursue them through their insurer first (as you would be claiming against their car insurance - regardless of the situation of 1) above), and then if their insurer refused you could either sue their insurer or the driver directly. Nigeligence would have to be proven otherwise it would probably be seen as a "nock for nock", and then you would be at the mercy of 1) above.
3) Is it really that expensive? You've paid ~£200 for the day, can easily get through a set of tyres if you start having fun @ ~£500, then fuel (£50-100 depending on how much you drive), then oil (£100 every 3-4 track days), a proportion of servicing etc.
If you want peace of mind, £200-300 is probably not that bad an idea.
4) The risks are small at well organised events, but can happen. Issues normally happen when very different cars are out on track (e.g. a MX-5 and GT3 had a coming together at a recent RMA day it seems).
5) Damage is normally light in the accidents I've seen. The largest bill I've seen was ~£3k for hitting the tyres side on at Rockingham for a 200SX. Not cheap, but not a disaster. However, it has to be said said person was doing very lary power slides around one of the corners with little run off and came a little bit unstuck.
So - the choice is yours. Me, it depends. Occasionally I take out insurance, but most of the time I don't.
J
joust said:
...The largest bill I've seen was ~£3k for hitting the tyres side on at Rockingham for a 200SX. Not cheap, but not a disaster. However, it has to be said said person was doing very lary power slides around one of the corners with little run off and came a little bit unstuck.
Me thinks that was an another japanese RWD supercar
joust said:
So - the choice is yours. Me, it depends. Occasionally I take out insurance, but most of the time I don't.
J
I guessed that'd be the case. Thanks. Still, I'll give the track on the 20th a miss anyway as I can't see me getting up quite that early! Hopefully I'll fluke some nice pics as usual though
joust said:
Occasionally I take out insurance, but most of the time I don't.
J
Thanks for the info Justin.
It seems though that you are considerably richer than me!!! What make you sometimes take it out and sometimes not?
Think I will have to risk it at the TVR day next month.
>> Edited by Mr Noble on Thursday 10th March 23:40
Richness is a state of not having an overdraft, otherwise you are obviously "poor" as you haven't yet spent all your money having fun
Normally I only take it out based on a whole host of 'feelings' - but these are the main considerations
a) there is a chance of stacking the car into something very very hard. Brands Hatch springs to mind...
b) I don't know the quality of drivers going, and there is going to be a wide variety of cars
c) I don't feel lucky
No real science behind it, and I may or may not get caught out, so that's probably absolutly no use to you whatsoever - sorry.
J
Normally I only take it out based on a whole host of 'feelings' - but these are the main considerations
a) there is a chance of stacking the car into something very very hard. Brands Hatch springs to mind...
b) I don't know the quality of drivers going, and there is going to be a wide variety of cars
c) I don't feel lucky
No real science behind it, and I may or may not get caught out, so that's probably absolutly no use to you whatsoever - sorry.
J
ThatPhilBrettGuy said:
Me thinks that was an another japanese RWD supercar
Bingo.
ThatPhilBrettGuy said:I'll have to take you for a whizz in the M400 then - just give me a shout.
I guessed that'd be the case. Thanks. Still, I'll give the track on the 20th a miss anyway as I can't see me getting up quite that early! Hopefully I'll fluke some nice pics as usual though
J
DanH said:Just seen that I haven't said if I'll be getting it or not for Rockingham.
Personally I'd get it at Rockingham, whilst I might not for Bedford etc.
I think a noble clam is 6k+ with all the trimmings, probably more painted.
Almost certainly will - just deciding which company to take it out with.
J
joust said:
a) there is a chance of stacking the car into something very very hard. Brands Hatch springs to mind...
J
I truly know what that feels like, having put a single seater into the wall coming off clearways, it was not my fault though, I was hit from the side by a junior who spun out, which is the reason for my question at the start.
Did you read in circuit driver than Palmer is making brands safer? He's modifying the exit to druids and graham hill to move the barriers further away.
Good thing too as nearly every track day I've done at brands (2 driven, 1 spectated) I've seen a car into the wall at graham hill (2 days out of 3!).
FYI - Trackdays, well Morris, well Everitt Boles only cover upto £30K.
Off to Competition Car Insurance then (0115 941 5255)
Got my cover sorted
Guy from CCI told me to get full cover due to their being some concrete walls - the difference was only £20 anyway.
>> Edited by lucozade on Wednesday 16th March 12:51
Off to Competition Car Insurance then (0115 941 5255)
Got my cover sorted
Guy from CCI told me to get full cover due to their being some concrete walls - the difference was only £20 anyway.
>> Edited by lucozade on Wednesday 16th March 12:51
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