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.

[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

[LaurasOtherHalf]

Excess I don't personally have an issue with, 5 or 10% of the cars value might seem a lot but when the car is worth one hundred grand-would you rather be £10k worse off or £100k?

That's not to mention a lot of high end cars are on large finance deals-you could be £50k worse off on money you haven't earned yet. Try explaining that one to the wife...