Track Insurance - Is this right?

ngaff1 · Post by **ngaff1** » Thu Nov 22, 2007 11:34 pm

I'm booked on for the novice day at KH on Saturday and I've just had a quote through from Moris for insurance for the one day...that's 2 hours...120 minutes

An excess of £1750 so not able to claim for anything small and a cost of £225!!!!!

Someone tell me this isnt right.

jj · Post by jj » Thu Nov 22, 2007 11:38 pm

Yup - one of the main reasons why I have never gone down that route - I have done about a dozen outings now and only once have I felt even close to causing any damage to my car (and that wasnt my fault and wouldnt have been more than £1750 worth had it actually gone wrong) but I guess its all about the risks.

renmure · Post by **renmure** » Thu Nov 22, 2007 11:44 pm

Devils Advocate mode on but,... Suppose you could look at it as being ONLY £225 to insure yourself against writing off your car, or having it written off by AN Other in a collision, whilst driving on a racetrack for the 1st time for a couple of hours at high speed whilst presumably pushing the bounderies of your driving ability with a group of other people presumably doing the same for the 1st time.

ngaff1 · Post by **ngaff1** » Thu Nov 22, 2007 11:53 pm

renmure wrote:Devils Advocate mode on but,... Suppose you could look at it as being ONLY £225 to insure yourself against writing off your car, or having it written off by AN Other in a collision, whilst driving on a racetrack for the 1st time for a couple of hours at high speed whilst presumably pushing the bounderies of your driving ability with a group of other people presumably doing the same for the 1st time.

Not in sales by any chance are you?

Unfortunately though, you are correct

I quoted the car at full value. It's less likely that I'd end up with a total write off, do you think they'd insure against bodywork damage of say £3-5K?

renmure · Post by **renmure** » Fri Nov 23, 2007 12:03 am

Definately not in sales!!

Any time I have been at KH I have not taken out special insurance so not really too sure whether there is much flexibility in the cover or not.

neil · Post by **neil** » Fri Nov 23, 2007 12:43 am

The first time I was out on track I took out insurance - I think it was with CCI. £200 ish and a 10% XS. I think they'd insure you for any amount so probably the full car values a waste of time - for Knockhill anyway

mac · Post by **mac** » Fri Nov 23, 2007 8:05 am

I'll say this very quietly.....

After your event there's the SIDC which will have more than enough SE folk there to ensure that any damage that was caused to your car happened on a greasy road a few miles from the circuit

Mac

BiggestNizzy · Post by **BiggestNizzy** » Fri Nov 23, 2007 8:18 am

it's amazing the amount of cars that fall off the back of a trailer on the way home oops I mean come off the road

DJ · Post by DJ » Fri Nov 23, 2007 9:51 am

ngaff1 wrote: An excess of £1750 so not able to claim for anything small and a cost of £225!!!!!
Someone tell me this isnt right.

Afraid it sounds about right to me. As a very rough guide , track day insurance will cost you about 1% of the value of your Elise with the excess about 10%

kenny · Post by **kenny** » Fri Nov 23, 2007 1:56 pm

You are not going to need insurance for a novice day unless you plan on driving like a complete cock.

HTH

rossybee · Post by **rossybee** » Fri Nov 23, 2007 4:10 pm

Surprised CCI go this route, as I'm with Egger Lawson which is part of CCI - 4 trackday's cover included in premium, and as said previously, excess whilst on track is 10% of insured value of vee-hickle.

On saying that I've been half way thru a TD and realised that I forgot to contact them - the chances are hugely slim, it's only if that hugely slim chance does actually occur that it could turn out pricey...

(if that makes sense

)

gorrie · Post by **gorrie** » Fri Nov 23, 2007 5:51 pm

Buy a sh1t heap for your 1st few track days... That's what I did, as I knew my wife was wanting a go also. Surprising how quick you can go round corners when you aren't as fussed about the value....

I've never had insurance for TD's, but did get a quote for about £250 once... but, I think when this years renewal is up I may look for one that has it included. Certainly not interested in paying those prices for single events when the excess is likely to cost about the same as possible damage.

my 2p

tut · Post by **tut** » Fri Nov 23, 2007 10:52 pm

No matter what anybody says, as a new track day driver, you are going to be concerned about damage to your car.

You have two options, take out track day insurance so that your underwriter can afford to keep his Porsche in petrol, but you still pay £1750 excess for any damage, or look at the statistics for the past eight years that I have been driving at KH, and the only collision damage that I know of between two Elises was one driving into the other under braking.

That is not to say that you can not wrap your car around a tyre wall, but I have never managed it, and with a lot more power than you have.

tut

Post by **simon** » Fri Nov 23, 2007 11:10 pm

kenny wrote:You are not going to need insurance for a novice day unless you plan on driving like a complete cock.

HTH

What about the other people that might drive like cocks?

ngaff1 · Post by **ngaff1** » Fri Nov 23, 2007 11:39 pm

I've decided to take the brave pills and go uninsured

If it does badly wrong and I have to get the bus home at least I'll have £225 in my pocket to drown my sorrows