CLASS RACER FORUM - View Single Post

Mike Gray · 07-06-2016, 04:20 PM

I don't blame them on this one. I'm in construction and a lot of the larger projects, hospitals, airports etc. have what's called a OCIP (Owner Controlled Insurance Program) basically the owner covers every contractor with the proper coverage under their insurance umbrella. They don't have to worry about a lack of coverage or risky underwriters. In todays sue happy society and large jury awards it probably saves them in the long run.
If you want ask your carrier for the OCIP discount while your pit vehicle is at a NHRA event. We get credit back in the construction trade (but the owner wants that credit deducted from our contract)
The carrier will probably tell you the pit vehicle premium is too low to qualify for a deduction.

07-06-2016, 04:20 PM	#16
Mike Gray Senior Member Join Date: Oct 2006 Posts: 622 Likes: 312 Liked 692 Times in 200 Posts	Re: I Already Have Pit Vehicle Insurance! I don't blame them on this one. I'm in construction and a lot of the larger projects, hospitals, airports etc. have what's called a OCIP (Owner Controlled Insurance Program) basically the owner covers every contractor with the proper coverage under their insurance umbrella. They don't have to worry about a lack of coverage or risky underwriters. In todays sue happy society and large jury awards it probably saves them in the long run. If you want ask your carrier for the OCIP discount while your pit vehicle is at a NHRA event. We get credit back in the construction trade (but the owner wants that credit deducted from our contract) The carrier will probably tell you the pit vehicle premium is too low to qualify for a deduction.