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1Morelap
February 20th, 2014, 08:22pm
http://trackdayinsurance.ca/home/coverage-info/

interesting reading. I don't think jones brown offered this?

Mario
February 20th, 2014, 09:05pm
No information about price yet. Very interesting

wing
February 20th, 2014, 09:15pm
Premium

Premium is 0.85% of the actual cash value of your vehicle, subject to a minimum of $255 (plus tax.)

So $50k car $425

raggedrabbit
February 21st, 2014, 12:23am
Can you disable airbags (i.e pulling a fuse) in many cars? The Insurance doesn't cover airbags or labour above $100/hr... sounds like you could still be on the hook in a big way if you bumped a high-performance street car.

Blind
February 21st, 2014, 06:48am
Deductible
The deductible is equal to 10% of the actual cash value of the vehicle. Subject to a minimum deductible of $5,000.

1Morelap
February 21st, 2014, 07:09am
p car insurance ?

Mario
February 21st, 2014, 08:07am
All track cars are heavily modified and we have to declare an approx value. That could be a potential nightmare when time comes to pay out on a policy? I mean who figures how much a track car is really worth?

Blind
February 21st, 2014, 08:16am
I would assume they would establish all that before signing on the dotted line, no?

Mario
February 21st, 2014, 08:17am
Not from what I have read

Blind
February 21st, 2014, 08:21am
Not from what I have read

its market value, doubt they will cover mods.


Any amount paid cannot be more than the carís market value at the time of the accident and all claims are subject to an excess/deductible as shown on the Track Day Insurance details.

still though. I just sent this to a friend who has been on the fence about joining me at bogie. hopefully this gets him to join us and others like him....

Mario
February 21st, 2014, 08:22am
So they don’t cover track cars cause what is market value on a 10 to 20+ year old car?

Blind
February 21st, 2014, 08:25am
depends on the car. a 15 year old porsche 911 turbo is worth more than my subaru.

1Morelap
February 21st, 2014, 08:26am
So they don’t cover track cars cause what is market value on a 10 to 20+ year old car?

exactly, it appears to be better suited for regular street car with exceptional value, vs track cars. coverage starts at 30k. Lots of street cars are worth that.

97gst
February 21st, 2014, 08:42am
Collect premiums.
Deny claims.
Profit.

mikeman
February 21st, 2014, 08:53am
Collect premiums.
Deny claims.
Profit.

was looking at it like that too. Good business model..

Blind
February 21st, 2014, 09:05am
negative Nancy's all up in here.

1Morelap
February 21st, 2014, 09:12am
lets go street racing instead, at least we're covered there.

Blind
February 21st, 2014, 09:14am
irony?

1Morelap
February 21st, 2014, 09:16am
is delicious.

wing
February 21st, 2014, 09:16am
Wouldn't think if you had a track car you would really be looking at this. I really think this is for people with street cars. That once a year type person cause this isn't cheap. So now track day is $350 for entry + fuel etc + $300-$500+ for insurance.

mikeman
February 21st, 2014, 09:25am
yep. I can see them selling them at PEE-CAR HPDE days, etc.. money money money monayyyyyyyyy

Mario
February 21st, 2014, 09:43am
So its design for the Porsche owner who has doubt about hitting the track

luker
February 21st, 2014, 09:54am
yep. I can see them selling them at PEE-CAR HPDE days, etc.. money money money monayyyyyyyyy

In this case if there is instruction on the day you are covered under your regular insurance. This is how the BMW club gets around the insurance issue.

mikeman
February 21st, 2014, 10:02am
ahhh cool

mightymousetech
February 21st, 2014, 10:10am
Mike, you instruct me and I instruct you?

mikeman
February 21st, 2014, 10:12am
take off your pants

mikeman
February 21st, 2014, 10:12am
slowly

mikeman
February 21st, 2014, 10:12am
slower!

Blind
February 21st, 2014, 10:20am
In this case if there is instruction on the day you are covered under your regular insurance. This is how the BMW club gets around the insurance issue.

yep...why I went with them before joining the MR nights. and im glad I did!!

mightymousetech
February 21st, 2014, 10:26am
Slow enough for ya Mike?

Rawr!

pyxen
February 21st, 2014, 05:59pm
take off your pants

I lol'd