Track Day Insurance [Archive] - SXOC Bulletin Board

Nicely

18-08-2005, 07:39

If you are interested in some insurance for track days, I can recommend Competition Car Insurance (http://www.competition-car-insurance.co.uk/product.htm).

Speak to Chris Yemm on 0115 941 5255.

For those interested:

Covered:
- Replacement parts
- Repair of parts
- Fabriacation of parts
- Specialist labour, machining, fabrication, bodywork repairs, painting and pre paint preparation, installation of wiring and fluid systems.
- Engines & transmissions due to impact damage.

Not Covered:
- Engine damage due to mechanical failure.
- Transmission damage due to mechanical failure.
- Paintwork not affected by the accident.
- Routine mechanical work, which is part of the normal preparation process.
- Repatriation or recovery of vehicle.

10% of value excess.
Damage Declaration must be signed by an event offical.
No repairs to be carried out until inspected.
Incidents must be reported in writing within 48 hours.
Consumables excluded, i.e. tyres, all fluids, all oils, all friction material, fire extinguisher recharges, advertising and sponsor graphics, all recovery and transport charges, fuel.

jackadoodledo

19-08-2005, 20:57

thanks for that :thumbs:

Scottie

25-08-2005, 15:36

Can anyone post up how much they where quoted for this ?

Thanks.

Nicely

25-08-2005, 15:42

£123 for my S15.

A guy on the UJCC paid £80 for his £8k Skyline.

16-10-2005, 06:57

According to the latest Evo Mag (85) HIC are throwing in trackday insurance with all policies, but with an extra £500 XS and as long as you are not negligent.

I'd check it out with them first :nod:

Nicely

16-10-2005, 11:38

However, they won't insure imports. :)

CHIEF

16-10-2005, 11:50

Maybe try HIC when my renewal is up. Cost me £60 for Cadwell for £4.5 cover at Comp Car Ins.

Mikesx13

16-11-2005, 12:17

HIC certainly do throw in track day insurance with their policies :)

MASH

16-11-2005, 15:43

I just had a quote from CCI and they said £65 for one days insurance at Donnington with my 97 R S14a value £5000. Not bad.. but then I added up all the extras and it starts to mount up:

£99 for the track day
£65 for Insurance
£70-£100 Petrol - Travel to and from + one tank for the track.
£10 Food & Drink
etc..

but it's all good fun.. so who cares about the price..

Nicely

16-11-2005, 15:51

What excess?

16-11-2005, 15:57

Maybe try HIC when my renewal is up. Cost me £60 for Cadwell for £4.5 cover at Comp Car Ins.
I wish I'd taken that out :rolleyes:

SteveCarter200

16-11-2005, 15:57

HIC certainly do throw in track day insurance with their policies :)

£2K excess IIRC.

Nicely

16-11-2005, 16:09

:eek: That's more than I had on the S15....

Mikesx13

16-11-2005, 16:36

£2K excess IIRC.

I must admit that the smallprint contains a lot of worrying and contentious clauses but I believe the excess on mine is closer to 1k.

I've got an agreed value with them for the car though so I imagine that overall it would work out Ok if something did happen (touch wood :wack: )

SteveCarter200

16-11-2005, 22:53

I must admit that the smallprint contains a lot of worrying and contentious clauses but I believe the excess on mine is closer to 1k.

I've got an agreed value with them for the car though so I imagine that overall it would work out Ok if something did happen (touch wood :wack: )

What did you value yours at by the way? Im with HIC on a classic policy with an agreed value of £4.5K.

Mikesx13

17-11-2005, 15:11

What did you value yours at by the way? Im with HIC on a classic policy with an agreed value of £4.5K.

Yeah, i'm on a classic policy too.

It's currently valued at 3k but i've got to get it re-valued as it's worth lots more now and thats just in the second hand value of the parts.

I phoned them up yesterday out of interest and the main clauses are that the excess is 2k unless you can prove previous trackday experience it then falls to 1k. To be insured the event must be run by a professionaly recognised club although the guy did hint that if the event has marshalls it can be considered 'proper'.

Topper

18-11-2005, 10:30

I just got a quote of £131 for my S15 with an Excess of £1,400

Nicely

18-11-2005, 10:37

That sounds right.

Bubble

20-04-2006, 10:52

Just spoke to Chris and for the S14a valued @ £7,000 the premium is:

£78 with £700 excess.

Thanks for the phone number Nicely:thumbs:

Nicely

12-10-2006, 14:47

Looks like Sky Insurance now do track day cover :)

Click (http://www.morispayment.co.uk/affiliate_trackday.asp?Prefix=SI)

piman2k

12-01-2007, 10:08

Those excesses are HUGE!

Do we have any idea about these quotes with "reasonable" excesses, i.e. up to £250 like on my road policy?

Nicely

12-01-2007, 10:17

Lol. I very much doubt you'll find them. The risk is very high, therefore so is the excess...

piman2k

12-01-2007, 10:42

Hmmmmm, well if I read correctly in the other thread and you have an estimate of 10%, then that's approx £500 depending on what I value my car at.

This could well scupper my track plans I think.

Nicely

12-01-2007, 10:53

Its down to you really. If its just one session, I wouldn't bother. If its a day, I would. Some people dismiss it very easily. Its only when you see someone stack their car first-hand, or you do it yourself that you think differently. I was thinking 'what a waste of money' when I took cover at that track day on the other thread. Right up till that R34 GTR went up... Then I was thinking 'worth every penny'.

Pete C

12-01-2007, 11:09

Right up till that R34 GTR went up... Then I was thinking 'worth every penny'.

It was an R33 :p

Nicely

12-01-2007, 11:38

Was still £5k spent the week before. And how much to get it fixed?

piman2k

17-01-2007, 08:21

Well I've just had a quote through Moris via www.trackdays.co.uk.

With me being 22, no track experience, 1 road claim against me in the past 5 years and the car insured for £5500 the quote came back at £85 for the day with a £600 excess.

I'm going to take a wild guess and say that this probably ISN'T an agreed value on the car aye?

MEL

17-01-2007, 10:19

I'm going to take a wild guess and say that this probably ISN'T an agreed value on the car aye?

I wouldnt have thought so, more like current market value which on an S14a is around £2k :(

piman2k

17-01-2007, 10:27

MEL

17-01-2007, 10:32

£2000? That's absolutely unnacceptable. Surely that can't be the case?

Do we know, before I go back to this company, if it's possible to get track day insurance with set vehicle values? If I insure it for £5500, I want £5500 if I crash it.

Don't get me wrong, I've no intention of crashing. But I've also no intention of being out of pocket.

If you had an agreed valuation from your daily insurer i would of thought it possible, otherwise probably not. Its worth getting an agreed value anyway as any insurance company will only pay current market value without it. Will cost about £15 to get it sorted.

piman2k

17-01-2007, 11:02

Thanks dude, is that for my road or track insurance that £15?

MEL

17-01-2007, 11:24

Thanks dude, is that for my road or track insurance that £15?

£15 is about an average cost of getting an agreed valuation for road insurance (thats what i paid for mine anyway). It should affect the price of track insurance but it just gives a little extra peace of mind.

Make sure you read the small print and get it revised for every mod you do though as i didnt and suffered for it.