How does track day insurance work?

What is covered?
  • You can choose any value to be insured, up to the full value of the car, BUT unlike Home/Private Car Insurance, it doesn’t have to be the full value.
  • Accident Damage and/or Fire Damage
  • All track time (regardless of number of sessions) – as long as Insurers are aware you are on track that day.
  • Obviously any damage you cause OR is caused by a Third Party – remember there is no automatic Third Party liability in Motorsport, so you can’t claim off other people’s insurance!
  • Own & specialist labour – but check the policy to see if any restrictions on hours and/or rate per hour.
What isn’t covered? (generally, but check the Policy Wordings)
  • If Insurers haven’t been made aware of the event on track e.g. date and/or track
  • If Insurers haven’t been made aware of any additional drivers; who subsequently have an incident
  • VAT
  • Consumables (tyres, oils)
  • Mechanical failure to the engine and/or gearbox
  • Any issue ‘off the track’/in the paddock – these would be covered by either your road car insurance or a separate Storage & Transit policy

Important Information

  • Any incident, even if it doesn’t result in a claim going ahead, should be reported to Insurers within 48 hours.
  • Photos of the damaged cars should be taken immediately after the incident – from all four sides.
  • If a claim does proceed then Insurers will require (at least) one photo per damaged part invoiced e.g. 15 items on the repair invoice = (min) 15 photos.

To get a quote with Grove & Dean go to https://bit.ly/2M2irkA.

We’d like to thank Karl for taking the time to explain the basics of track day insurance, to speak with him directly he can be contacted on +44(0)1708 606768


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