HPDE insurance poll

1MOREMOD · 08-21-2011, 04:53 PM

Just curious what percentage of those that track their M3 buy insurance, either for the season or on a day to day basis for each event. Who you use and recommend would be cool too. To this point I haven't but feel I probably should.

ThunderMoose · 08-21-2011, 05:05 PM

I buy insurance. I use Ontrackinsurance.com on per event basis.

1MOREMOD · 08-22-2011, 02:09 PM

bump

Jeff_DML · 08-22-2011, 06:04 PM

this is from my old ameriprise policy, guess you can read it multiple ways but to me you are rolling the dice

1MOREMOD · 08-22-2011, 06:08 PM

that looks like it applies to your regular car insurance not hpde insurance specifically for the track.

1MOREMOD · 08-26-2011, 07:44 PM

gthal · 08-26-2011, 08:07 PM

There was a recent court case in Canada where an insurance company tried to deny coverage at a HPDE accident. The judge ruled that because the driving wasn't timed and there were rules for passing, it was NOT a racing event and the insurer had to pay up. Obviously, you need to look at your specific policy but for a driving school/HPDE it is less risky IMO. I actually called my insurer today (going to the track tomorrow

) and explained EXACTLY what I was doing. I do this every year or two just to be sure

They said I was covered and made a note on my file that we chatted. If I was timing myself I would NOT be covered and specific track insurance in Canada basically doesn't exist

.

On another note, my lawyer (who also attends HPDE's) says he is more concerned about personal liability than damage. That is, if he made a mistake and someone died or was permanently injured, he feels the damage to the cars is the least of his concern. I think the morale of the story is ensure your HPDE insurance covers liability too

1MOREMOD · 08-26-2011, 08:46 PM

this is not the case for almost any car insurance in the US. track events are excluded. i actually play softball with my agent and had a candid talk and he said no fing way its covered. all of the hpde insurance i have seen is only for a set value of the car that you determine beforehand and has no liablilty coverage.

View Poll Results: Do you purchase insurance for HPDE or other track days?
yes I purchase insurance for the track.	15	44.12%
no I don't purchase insurance for the track.	19	55.88%
Voters: 34. You may not vote on this poll

08-21-2011, 04:53 PM	#1
1MOREMOD 2014 Track Days - 1\|Ridge 1:54:61/Pacific 1:37:36 Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors Posts: 10,588 iTrader: (5)	HPDE insurance poll Just curious what percentage of those that track their M3 buy insurance, either for the season or on a day to day basis for each event. Who you use and recommend would be cool too. To this point I haven't but feel I probably should. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW race\|K&N c.a.i.\|Epic race tune\|Rouge race pulleys\|Seibon CF hood\|CSL bumper\|ST-40\|SR34\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|Apex studs\|
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08-22-2011, 02:09 PM	#3
1MOREMOD 2014 Track Days - 1\|Ridge 1:54:61/Pacific 1:37:36 Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors Posts: 10,588 iTrader: (5)	bump __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW race\|K&N c.a.i.\|Epic race tune\|Rouge race pulleys\|Seibon CF hood\|CSL bumper\|ST-40\|SR34\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|Apex studs\|
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08-22-2011, 06:04 PM	#4
Jeff_DML Lieutenant Drives: 2008 M3 Sedan 6MT Join Date: Jul 2006 Location: San Diego Posts: 442 iTrader: (0) Garage List 2008 M3 Sedan [0.00]	this is from my old ameriprise policy, guess you can read it multiple ways but to me you are rolling the dice Attached Images
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08-22-2011, 06:08 PM	#5
1MOREMOD 2014 Track Days - 1\|Ridge 1:54:61/Pacific 1:37:36 Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors Posts: 10,588 iTrader: (5)	that looks like it applies to your regular car insurance not hpde insurance specifically for the track. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW race\|K&N c.a.i.\|Epic race tune\|Rouge race pulleys\|Seibon CF hood\|CSL bumper\|ST-40\|SR34\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|Apex studs\|
	0

08-21-2011, 05:05 PM	#2
ThunderMoose Captain Drives: 2009 C2S and 2003 E46 M3 Join Date: Aug 2010 Location: League City, TX Posts: 949 iTrader: (0)	I buy insurance. I use Ontrackinsurance.com on per event basis.
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08-26-2011, 07:44 PM	#6
1MOREMOD 2014 Track Days - 1\|Ridge 1:54:61/Pacific 1:37:36 Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors Posts: 10,588 iTrader: (5)	__________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW race\|K&N c.a.i.\|Epic race tune\|Rouge race pulleys\|Seibon CF hood\|CSL bumper\|ST-40\|SR34\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|Apex studs\|
	0

08-26-2011, 08:07 PM	#7
gthal Colonel Drives: C63 coupe Join Date: Jul 2007 Location: Canada Posts: 2,171 iTrader: (2) Garage List 2011 M3 [3.37]	There was a recent court case in Canada where an insurance company tried to deny coverage at a HPDE accident. The judge ruled that because the driving wasn't timed and there were rules for passing, it was NOT a racing event and the insurer had to pay up. Obviously, you need to look at your specific policy but for a driving school/HPDE it is less risky IMO. I actually called my insurer today (going to the track tomorrow ) and explained EXACTLY what I was doing. I do this every year or two just to be sure They said I was covered and made a note on my file that we chatted. If I was timing myself I would NOT be covered and specific track insurance in Canada basically doesn't exist . On another note, my lawyer (who also attends HPDE's) says he is more concerned about personal liability than damage. That is, if he made a mistake and someone died or was permanently injured, he feels the damage to the cars is the least of his concern. I think the morale of the story is ensure your HPDE insurance covers liability too Last edited by gthal; 08-26-2011 at 08:13 PM.
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08-26-2011, 08:46 PM	#8
1MOREMOD 2014 Track Days - 1\|Ridge 1:54:61/Pacific 1:37:36 Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors Posts: 10,588 iTrader: (5)	this is not the case for almost any car insurance in the US. track events are excluded. i actually play softball with my agent and had a candid talk and he said no fing way its covered. all of the hpde insurance i have seen is only for a set value of the car that you determine beforehand and has no liablilty coverage. __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC bars\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster\|Euro header\|BW race\|K&N c.a.i.\|Epic race tune\|Rouge race pulleys\|Seibon CF hood\|CSL bumper\|ST-40\|SR34\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|BMWpedals\|Apex studs\|
	0

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