Track Day Insurance
Discussion
Apologies for raising yet another insurance question, but I can't find any thread which relates specifically to this.
I'm thinking of doing one of the Ferrari organised track days. I already have insurance, which doesn't cover track days and they won't extend the cover to include it.
So, does anyone have a recommendation of specialist cover?
Thanks!
I'm thinking of doing one of the Ferrari organised track days. I already have insurance, which doesn't cover track days and they won't extend the cover to include it.
So, does anyone have a recommendation of specialist cover?
Thanks!
You'll struggle to get sensibly priced track-day only cover which you might want to recall when your Admiral renewal comes up but is so much cheaper than anything else - perhaps for not that much more you might have got a decent policy with track day cover too !
In fact probably the most cost-effective solution is to cancel your Admiral policy (even if you write off 100 % of the cost) in favour of one including track day cover
In fact probably the most cost-effective solution is to cancel your Admiral policy (even if you write off 100 % of the cost) in favour of one including track day cover
Edited by johnnyreggae on Monday 27th July 09:34
Another problem you'll find with your insurer is if you've got agreed value......and the car appreciates mid term...they are happy to revise it. But not necessarily at what the dealer and inspectors value it at. They set their own value. In my case 15- 20k below market value. It's a take it at the agreed value...revert to market value and fight in court if worse happens or cancel the policy and at this stage they wouldn't care as there would be very little refund. I realise now it was cheap for a reason..
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