Do You Insure Your Car On Track?

[LaurasOtherHalf]

Since tracking my friend's GT3RS, we've come to the conclusion that we wouldn't enjoy our track days as much without some form of insurance. And in fact at the Nürburgring last month we actually put in place a policy for the first time in over 10 years of driving there.

It wasn't perfect and with the cost of the excess ( ) policy it certainly didn't make it risk free but it started me thinking about all of the laps we've done (more than 1000 each of the 'ring alone) without it.

OK, cars back then were worth a lot less, it might even be that as I'm getting older putting my family in thousands of pounds of debt seems less appealing but I can't be alone in risking so much for fun!

If you do insure, I'd be interested in hearing your thoughts or advice on whatever policy you use and what the terms are.

[e21Mark]

I insure my M3 through Competition Car Insurance. I get cover for 3000 road miles and 4 track days for £346.00 per year.

[loggyboy]

Im happy to class my car as disposable so dont bother, and despite pushing hard and having a few moments ive never done any damage to date.
If my car was worth a few grand i would be more likely to shop around for a road policy that allows a few days or just 1 off extra add on fee for days. Plenty out there.

[LaurasOtherHalf]

e21Mark said:

I insure my M3 through Competition Car Insurance. I get cover for 3000 road miles and 4 track days for £346.00 per year.

I tried them a couple of years ago Mark but they really didn't seem interested, perhaps because my car was a road car first and foremost (in a good year these days I might do 4 or 5 track days).

loggyboy said:

Plenty out there.

I'd be happy to be pointed in the direction of any of them, though I'm not totally sure there are that many out there

[e21Mark]

Might be worth another go as they're now part of Footman James. I tried getting quotes from other companies and the best premium was far more than my renewal with CCI, hence I'll be sticking with them for a 4th year. I just wish they did 'agreed value' though.

[Yipper]

Interesting. Early (self-selected) results suggest ~80% of trackdayers are not insured or under-insured. Gotta be an opportunity in there for someone like AIB, Admiral, CCI, etc. They could co-sponsor a PH Sunday Service at somewhere like Silverstone.

[Trabi601]

I insure my Boxster, but don't insure the ste old Alfa.

This mat change as the Alfa gathers value!

The Trabi will never be insured!

[Synchromesh]

Trabi601 said:

I insure my Boxster, but don't insure the ste old Alfa.

Similar to the above, I insure the Caterham but not the MX5.

The excess on the Caterham is higher than the value of the MX5!

[Mighty Flex]

Yipper said:

Interesting. Early (self-selected) results suggest ~80% of trackdayers are not insured or under-insured. Gotta be an opportunity in there for someone like AIB, Admiral, CCI, etc. They could co-sponsor a PH Sunday Service at somewhere like Silverstone.

I doubt Admiral or most normal insurers would be interested, seeing as they won't insure a car that's used on a track at all, let alone provide cover on the actual track. Even though the terms from regular insurers rarely say any thing more than "track days aren't covered", what they mean is "cars that will be used on a track day during the period of cover will not be covered at all by us".

I expect most cars at track days are not only not covered for the track day, but actually technically invalidating their road insurance at the same time.

I don't have insurance for my car on track, but for the car is relatively low value. Road Insurance is with footman james who do quite good value add on cover (£60 for one day, discounted rate for 3 per year, which i almost got - and could still add on, though i have just checked and the excess is £1500 or 10% of the cars value (if >£15000).

Edited by Mighty Flex on Sunday 14th May 22:43

[anonymous-user]

Mighty Flex said:

I doubt Admiral or most normal insurers would be interested, seeing as they won't insure a car that's used on a track at all, let alone provide cover on the actual track. Even though the terms from regular insurers rarely say any thing more than "track days aren't covered", what they mean is "cars that will be used on a track day during the period of cover will not be covered at all by us".

I expect most cars at track days are not only not covered for the track day, but actually technically invalidating their road insurance at the same time.

Invalidating the cover entirely because you do a track day? Really? What makes you think that?

OP try A-plan, got a very good deal on my M3 with 5000 road miles and five track days.

[Mighty Flex]

charltjr said:

Invalidating the cover entirely because you do a track day? Really? What makes you think that?

OP try A-plan, got a very good deal on my M3 with 5000 road miles and five track days.

I have been told so by both Admiral and Aviva on the phone, after they have "check with the underwriters". I suspect they are not the only ones. That said, I have had conflicting information from both on the subject on asking the first time. I think this may also be a case of them just trying to get me to go away, as actually having clarify the policy wording and getting it wrong would probably get them in trouble, so they will just give the safest interpretation.

Edited by Mighty Flex on Sunday 14th May 22:50

[mmm-five]

Never had to claim on a track policy in 20 years, and used to cover every track day when it was about £50/day.

Now I only buy insurance if I'm driving at a new track, or doing an event with a new organiser, or if I'm driving a different car, or at the Ring.

CCI wouldn't cover my daily driver on a road/track policy due to combination of high annual mileage/business use/light modifications.

Keith Michaels stopped providing track day cover for their road policies.

Ended up just doing a normal road policy, and using MORIS for track day cover (£218 for £15k cover for 4 days at the Ring).

None of my road insurance documents have void clauses for track usage.

[Mighty Flex]

mmm-five said:

None of my road insurance documents have void clauses for track usage.

Neither did my one with Aviva, but when I mentioned my car was used for motorsport and track days (as part of an explanation for another request), they cancelled it. Either would be reason for it to be cancelled or refused, apparently.

Apparently the bit in the rectangle means that you can't use the car for anything listed in there, including track days, during the term of your policy, or it will be cancelled:

Aviva said:

Edited by Mighty Flex on Monday 15th May 13:05

[Pdelamare]

CCI cover road usage for my heavily modified M3 with 5 track days included, which is extendable at cost to 7 days.

[loggyboy]

Mighty Flex said:

Apparently the bit in the rectangle means that you can't use the car for anything listed in there, including track days, during the term of your policy, or it will be cancelled:

Aviva said:

There is no wording in there that cancels the policy, only excludes whilst you are doing any of the above.
and the motortrade part would mean anyone taking their car for an MoT and letting the garage drive it would void their policy - i think not!

[Mighty Flex]

loggyboy said:

Mighty Flex said:

Apparently the bit in the rectangle means that you can't use the car for anything listed in there, including track days, during the term of your policy, or it will be cancelled:

Aviva said:

There is no wording in there that cancels the policy, only excludes whilst you are doing any of the above.
and the motortrade part would mean anyone taking their car for an MoT and letting the garage drive it would void their policy - i think not!

Exactly. But what it says and what they mean are two separate things. I have complained.

[CedricN]

Whish I could, in sweden its more or less a non existent concept, unlike the UK. Porsches can be insured, but then you can only drive on the porsche club track days, and costs are hilarious if you have a cheaper car. For the ring there is no company left which you can get insurance. I drive close to the limit and enjoy that balancing, so driving a car that I can afford to smash is the only choice ..

[anonymous-user]

Yeah, I suspect you've been stitched up by some call center muppet there Mighty Flex.

Hopefully the complaint gets it sorted or your premiums will be hiked because of the "have you had insurance cancelled" question. What a pain.

[addz86]

I've never bothered when I tracked the Exige or GP, this year I decided to take away the worries of crashing by buying a £500 Clio 182 which can stay in the barrier should it head for them

[Zoobeef]

I have a friend that works for an insurance company and deals with authorising high cost claims. He warned about using the Noble on track (I don't have insurance) and it's effect on my road insurance. Effectivly his company wouldn't insure me if they knew I did that even though it wouldn't be any of their business!

Cover those number plates up...