Race car insurance?

Paul Merolla · 04-02-2015, 11:12 AM

Quote:

Originally Posted by Jeff Niceswanger

There was a thread yesterday on Yellow Bullet on this issue. Couple of the guys had total losses . Some interesting reading. Hagerty got really high marks and approval. Anybody know of ones we should stay clear of ?
One guy was saying his hood flew off coming up the return road and since it happen on the road, and not actually on the track, his company paid the repairs. .

That's good to hear about Hagerty...I called them yesterday for a quote, and for $25k agreed value the premium is only $119 / year. I'm going to raise the value and also add the $125 a year for roadside assistance, which covers ALL owned vehicles! They told me the coverage is in force everywhere except "where the public is not allowed" at the track.

ron mattson · 04-02-2015, 12:20 PM

Hagerty is very good and pay If you have a claim
Very quickly.

Greg Hill · 04-02-2015, 05:34 PM

Hagerty has a very good reputation in the collector car market. I will call them in the morning.

Greg Hill · 04-03-2015, 05:29 PM

Well, I called Hagerty this morning and ended up staying with Gulfways. For me Hagerty was about 20% more than Gulfways. I may of found a better source but I ran out of time.

Jim Bailey · 04-07-2015, 08:44 AM

In my research, I was suspect of "the fine line". Many insurers proclaim " You car is completely covered if it's not on the race track." Ok, I got that ..... To which I replied: so, It's covered in the pits, and staging lanes, and on the return road? Well, "kinda", I was told, As long as you're not driving it ! ( What?). - Rule of thumb - "It's covered unless the engine is running." Maybe a good argument to the sanctioning bodies for tow vehicles ? They'd love that !!! - BEWARE. - Jim-

04-02-2015, 12:20 PM	#2
ron mattson Member Join Date: Nov 2005 Location: cloquet mn Posts: 466 Likes: 17 Liked 67 Times in 30 Posts	Re: Race car insurance? Hagerty is very good and pay If you have a claim Very quickly. __________________ Ron Mattson 5015 STK Last edited by ron mattson; 04-02-2015 at 12:40 PM.

04-02-2015, 05:34 PM	#3
Greg Hill VIP Member Join Date: May 2006 Location: Louisville , KY Posts: 1,995 Likes: 68 Liked 279 Times in 68 Posts	Re: Race car insurance? Hagerty has a very good reputation in the collector car market. I will call them in the morning. __________________ Greg Hill 4171 STK

04-03-2015, 05:29 PM	#4
Greg Hill VIP Member Join Date: May 2006 Location: Louisville , KY Posts: 1,995 Likes: 68 Liked 279 Times in 68 Posts	Re: Race car insurance? Well, I called Hagerty this morning and ended up staying with Gulfways. For me Hagerty was about 20% more than Gulfways. I may of found a better source but I ran out of time. __________________ Greg Hill 4171 STK

04-07-2015, 08:44 AM	#5
Jim Bailey Senior Member Join Date: Aug 2004 Posts: 674 Likes: 15 Liked 584 Times in 94 Posts	Re: Race car insurance? In my research, I was suspect of "the fine line". Many insurers proclaim " You car is completely covered if it's not on the race track." Ok, I got that ..... To which I replied: so, It's covered in the pits, and staging lanes, and on the return road? Well, "kinda", I was told, As long as you're not driving it ! ( What?). - Rule of thumb - "It's covered unless the engine is running." Maybe a good argument to the sanctioning bodies for tow vehicles ? They'd love that !!! - BEWARE. - Jim-