Allstate Insurance does not cover your car on any racing surface

[erik.landerholm]

If this is the wrong place for a thread like this please move to a more appropriate forum.

As of October 2005 Allstate is not covering any kind of accident done on "any racing surface." This includes, but is not limited to, race track, auto-x event, paddock, drag strip, etc. It used to not be like this, but it is now. I have had Allstate for a long time, but upon moving back to Oregon I will be changing insurance companies. As of right now State Farm still covers DE events, but not timed events. That means auto-x is not covered, but the odds of wadding your car up at an auto-x event is very low, unless you are a moron like this guy: :D
http://members.cox.net/the69mexican/crash.mov

I am just posting this because I just found out when I was at MSR this year I wasn't covered. Please check your insurance policy carefully and/or call your agent and discuss DE events. Make sure they understand they are not time and are an educational event.

It might be cool to keep a sticky on this forum to list insurance companies that do cover DE events. It might save people time and potentially lots of money in the long run.

American Collectors Insurance: YES!
These guys offer a DE insurance policy...of course that would be on top of your normal policy...pretty much the suck.
http://www.americancollectorsins.com/dequote.php

EDIT: 18,000 dollars worth of DE insurance is only $270/yr...not bad for peace of mind. Deductible is 20% of the policy value. EX: Policy is 20k you deductible is $4000.


State Farm: YES!
They will cover you once, then you will be dropped.


Progressive's wording: UNKNOWN??

any pre-arranged or organized racing, speed or demolition contest, stunting activity, or in practice or preparation for any such contest or activity


If someone could confirm with Progressive that would be helpful.

American National: NO!!
http://www.anpac.com/

This (DE, non-timed events) is a risk American National will not cover. Sorry.


Allstate:NO!

As of October 2005 Allstate is not covering any kind of accident done on "any racing surface."



Nation Wide: NO!

Nationwide. Specifically excludes coverage for racing or any other events that take place on a racetrack, meaning HPDE's


Good thread about USAA insurance:NO!
http://forums.nasioc.com/forums/showthread.php?s=&threadid=508622

I would consider that one out!! :D

Grundy: NO!


Unfortunately we cannot cover a vehicle if it is on the track for any reason.

Respectfully,

Grundy Worldwide

[spiderxvpbiking]

Great info. Thx!!

[monkeymaker]

Really, demolition contests aren't covered? :LOL:

Thanks for the heads-up on this. Messing up your car at an auto-cross is tough to do, but even on a racetrack the chance of hitting something isn't great. I have been to tons of track days and it's uncommon that people mess up enough to require an insurance claim.

Of course, accidents can happen though, so don't track your car if you cannot follow the rules out there. My feeling has always been that driving within my limits on track (and doing what the instructors say) will pretty much render the insurance issue irrelevant. Be cool out there and all will be well. :)

[erik.landerholm]

Really, demolition contests aren't covered? :LOL:

Thanks for the heads-up on this. Messing up your car at an auto-cross is tough to do, but even on a racetrack the chance of hitting something isn't great. I have been to tons of track days and it's uncommon that people mess up enough to require an insurance claim.

Of course, accidents can happen though, so don't track your car if you cannot follow the rules out there. My feeling has always been that driving within my limits on track (and doing what the instructors say) will pretty much render the insurance issue irrelevant. Be cool out there and all will be well. :)

My rule is $hit happens. :D I think you have two choices:
1) Don't track what you can't throw away.
2) Know if you are covered and be aware if you wad your car up on the track you will be dropped from your insurance.

I have seen more then 1 pretty bad accident at the track, but I think it is pretty silly that insurance companies don't cover DE events. Most wrecks at the track involve one car and very rarely someone has to go to the hospital. I have no idea what is motivating the mas exodus by insurance companies from covering DE's.

[WestSideBilly]

I have no idea what is motivating the mas exodus by insurance companies from covering DE's.

Two factors. The first is that a DE event is outside of the normal usage of a car. The second is that a DE accident tends to be severe (in terms of car damage) and they take a big loss. Insurance companies are not interested in protecting your interests, only theirs, so covering DE events is probably a losing proposition to them.

Of course, I've always noted that not covering DE but tacitly condoning and covering street racing is a great way to bring about massive claims against them.

[medicalstudent]

I didn't know there were even ins co. that would cover DE. Good find!

I always assumed that you pretty much had to suck it up or explain that the accident occurred on private property if something were to happen. Roll cages or harnesses would usually void your coverage regardless of accident or not.

[erik.landerholm]

I didn't know there were even ins co. that would cover DE. Good find!

I always assumed that you pretty much had to suck it up or explain that the accident occurred on private property if something were to happen. Roll cages or harnesses would usually void your coverage regardless of accident or not.

Actually, Allstate used to be really cool about it. My agent in Oregon had a S2000 and her and her husband would track it. She did say though if I did wad my car up on the track I would be dropped. Seems like this is real hot button for car insurance companies right now. It won't be long before all of the major companies don't cover DE events. There are alternatives, but it's too bad these insurance companies don't understand the benefits of learning to drive on a track. Most people that drive at tracks have very good driving records and few if any accidents.

[erik.landerholm]

Anyone have any info on Farmers?

[blackflag]

i will check my policy later today

[Coop]

American Collectors Insurance:
These guys offer a DE insurance policy...of course that would be on top of your normal policy...pretty much the suck.
http://www.americancollectorsins.com/dequote.php

EDIT: 18,000 dollars worth of DE insurance is only $270/yr...not bad for peace of mind.

$20,000 = $300 a year, but they do not cover in Texas :thumbdn:

[erik.landerholm]

$20,000 = $300 a year, but they do not cover in Texas :thumbdn:

Yeah, I noticed that. They don't cover in Oregon either....BOOOO!!! :banghead:

*The search continues*

[Coop]

you would think that since other don't cover tracks, they could in ever state. You would think the states would let them fill the gap.

[mntrybay]

Wow! I took a look at the USAA thread. ~~ I also have always thought very highly of USAA but the way they handled that situation is unbelievable. Funny, they don't realize that word gets around as quickly as is does. I take pride in doing business with people who show me the WANT my business. I'll reconsider my insurance carrier at this point based on what I've heard here. :mad:

[erik.landerholm]

you would think that since other don't cover tracks, they could in ever state. You would think the states would let them fill the gap.

It said somewhere that other states are pending.

[erik.landerholm]

I received this e-mail from grundy. The specialize in exoics and collectible cars:



Unfortunately we cannot cover a vehicle if it is on the track for any reason.

Respectfully,

Grundy Worldwide

[Coop]

found this

2006 Driver Ed Premium Rates

INSURED PREMIUM PREMIUM PREMIUM
VALUE DEDUCTIBLE 10 DAYS 20 DAYS 30 DAYS

20,000 5,000 472.00 560.00 650.00
25,000 5,000 590.00 700.00 812.50
30,000 5,000 708.00 840.00 975.00
35,000 5,250 826.00 980.00 1,137.50
40,000 6,000 944.00 1,120.00 1,300.00
45,000 6,750 1,062.00 1,260.00 1,462.50
50,000 7,50 1,080.00 1,400.00 1,625.00

and the contact information
Laurel DE Management Inc.

David Empringham
866-518-1110
Info@LaurelDE.com

[erik.landerholm]

Anyone use esurance?

[montero1]

http://www.dumpalink.com/media/1134907509/New_Rally_Crashes_Compilation

[S2Kouichi]

I asked my agent for Drive from Progressive if they will cover my car for a HPDE event on a closed road course. They responed by saying that they will not cover while I'm on the track. They added that if I file a claim for any losses on the track, my policy will not be renewed.