Insurance for Amateur Racing

[MassMustang]

Aside from "track day insurance", does anyone offer insurance to cover racing in MA/NH? I'm a MA resident and looking to drag race in NH on occasion (New England Dragway).

 

[Department Of Boost]

In my many, many years of racing I have always driven into the pits knowing that writing off the car/motorcycle was a potential outcome. And knowing losing my life is a potential outcome. IMO, if you're not ready to write your equipment off, and/or die, you're not ready to race.

IDK if there is race insurance. If there is there can't be many choices. And oh boy, it's got to be expensive.

 

[46addict]

There is insurance for everything nowadays, but I wouldn't be surprised if you can't find one for drag racing events. As DOB said people usually assume the risk when lining up.

Might be a niche to fill in for the insurance providers who do track day insurance.

 

[MassMustang]

I hear ya both. Someone noted "If you're not willing to drive it off a cliff, then don't race". LOL

Just looking to mitigate some financial risk (if possible) should something fail and I end up going nose first into a barrier.

 

[07 Boss]

I hear ya both. Someone noted "If you're not willing to drive it off a cliff, then don't race". LOL

Just looking to mitigate some financial risk (if possible) should something fail and I end up going nose first into a barrier.

Being able to trust the guy in the next lane is a big part of that.

 

[Department Of Boost]

Being able to trust the guy in the next lane is a big part of that.

Try roadracing. You're trusting 40 other people.

 

[stkjock]

office 614-861-3100 and talk with Kenny or Bill Lutz

OK guys and gals this needs to be a sticky so nobody can say they didn't know you can buy insurance for your race car. I'm going to lay everything out on the table to try and help everyone understand how this works.

1) Bisa insurance and I are the same company when it comes to insuring race cars. Bill Flake, Mike Flake and I are in business to write race car insurance for racers and Bill and I felt it made great business sense to bring me into the picture being that I'm a heads up racer and well known in our world of drag racing plus I write insurance for a living which is a win win when it comes to selling the policies and understanding the policy inside and out.

2) I consider myself extremley easy to get in touch with from my office phone 614-861-3100 to my cell 614-989-4168 or email [email protected] and of course by PM but that fills up real quick.

3) If you have our insurance your car is covered while racing down the race track, in the pits, while being transported to and from the race track and while being stored against COLLISION, FIRE, THEFT AND PLAIN STUPIDITY. Our policy comes with a 2500 deductible and we cover up to 100K in value. 1 cylinder head costs more than a 100K policy so price should not be the deciding factor. If your willing to have 25 to 100K in your car can you afford not to have it insured? I know there is no in hell I could rebuild mine it I totaled it.

4) We also cover the vehicle in the other lane for 50K in the event you hit it or if you cause damage to another vehicle at the races.

5) We want nothing to do with vehicles on the street..

6) We can cover your trailer and everything inside it from tools to spare parts.

7) We'll pay money for winner and r/u @ NHRA, NMCA, ORSCA, ADRL , NMRA, True Street Racing, Norwalk, Milan, ORTC if you win on Sunday the check is in the mail on Monday. Just email me with what race you won or runner up at and the check is in the mail.

This is a 12 month policy but if you don't race for 5 months a year like I do then you can remove the on track insurance but still have the storage and transportation insurance during the off months.

9) We take all forms of payments from CASH, CHECK, CC and monthly payments with a down payment for anything over 1500 in premium.

10) We can write the insurance at the track and bind it but we would preferre to write it during the week to where we can get all the information at one time.

I hope I have covered everything and if you have any other questions please feel free to contact me. Lets not have another person on here have a car wrecked, stolen or fire damage without this insurance on their vehicle.

 

[slackinoff]

office 614-861-3100 and talk with Kenny or Bill Lutz

Thanks for posting that. I am in the insurance industry and I have never come across something like that. Very cool post.

Rm

 

[Wes06]

oh thats Bill Lutz the racer. He's got some insane drag car builds ive seen

 

[MassMustang]

office 614-861-3100 and talk with Kenny or Bill Lutz

Great info! Thanks for digging it up!