Your Track Car.. Insurance?

[Jezza-gtR]

So with the recent rise of Skyline's being stolen in Victoria I was wondering if anyone has car insurance on their dedicated track car?

Mine is garaged at my house and I'm sure most are garaged permanently somewhere. I only ask on the basis of theft. Not trying to claim damaged that may happen on the track.

Cheers.

[Duncan]

I have full comp insurance through shannons....covers me for everything usual except damage on track of course. Also the policy is very cheap because it is "limited use".

[Marlin]

What sort of premium are they charging you mate? And agreed value?

[Duncan]

sorry it's been too long....but the premium is only a few hundred, not a few thousand like usual. And they know it's security system

and yes agreed value. $35k lol. And they've replaced 2 windscreens for me over the years too

[phunky_monkey]

I just insured the Radical on Friday with Shannons:

60k agreed value

Laid up policy (no registration) - insures it for any situation where the car is not running ie in storage, on the trailer, in the paddock etc

$650

[evil_weevil]

MX5 is with them too.

but its road registered on ltd use.

OAMPS brokers also do race car only (not on track of course)

Ben = give shannons and or oamps a call - you'd be suprised how affordable it could be for that sort of cover.

and for everyone else - as an FYI - no one will cover on the race track!

[Marlin]

I've spoken to Shannons previously, but they wanted a couple of grand. Maybe because it's a tarmac rally car, doing a couple of thousand klm a year on the road?

I should try again, been a couple of years.

[tk80]

correction...shannons now have 'racing extension'.

this covers damage on your car other than mechanical upto $20k for any racing sanctioned by a racing body (cams etc).

as an illustration, a car insured for $35k will cost around $800 for race only (laid up cover) insurance, and the additional racing extension cover will cost you $2200.

unsure of the excess on the racing extension...likely another 1k or something.

Edited June 3, 2011 by tk80

[Nee-san]

Shannons told me they cover Jim Richards on track at lakeside when I was there asking about my GT-R (I was too young)

[Let Me Drive]

yep have the 32 gtr insured with sannons cost me 700 per year but agreed value of 90k

[Beer Baron]

yeah best bet is shannon with laid up cover. my track car not currently road driven is on that. so basically covers you for damage in the garage (someone drops something on it etc), theft from the garage, damage on a trailer or theft, etc. doesn't cover you while you're driving it at all though. but it's very affordable and good piece of mind.

[evil_weevil]

tk80 - I wont get into much details - but they will do it for classic race cars and even then it has to be referred to a regional manager

its not an "off the shelf" policy and not something the'll offer to anyone and everyone.

hence why I said

and for everyone else - as an FYI - no one will cover on the race track!

nee-san - thats ebcause he is sponsored by them!

Ben - yeah man give em another go!

[Nee-san]

tk80 - I wont get into much details - but they will do it for classic race cars and even then it has to be referred to a regional manager

its not an "off the shelf" policy and not something the'll offer to anyone and everyone.

hence why I said

nee-san - thats ebcause he is sponsored by them!

Ben - yeah man give em another go!

Yeah I know they had his falcon and Porsche there I was ogling them at the time I asked for purely academic reasons.

[Duncan]

told y'all it had been a while since my insurance came in...annual renewal was today

R32 GTR N1, full comprehensive insurance (ie including road driving), agreed value $30k. $510pa