State Farm and coverage on tracks...

RKA · 10-27-2005, 06:25 PM

A few weeks ago somebody linked to a thread on a BMW board where a poster indicated his policy was recently changed to disallow any coverage on tracks (regardless of whether it is a DE, school, etc.).

I just got my State Farm renewal in PA, and I see no such amendment to the policy. Now I know state law protects the insurance companies by absolving them of liability if a loss occurs during the course of a speed contest, or in preparation of the same, so in PA they already have some level of protection from track related claims.

In any event, the post on the BMW forums didn't provide much detail, and I haven't seen any such change made to my policy. I do want to review it to make sure they didn't slip such a clause in there sometime in the past...but I doubt I'll find anything. If you're insured with State Farm...take some time to read the amendments in your next renewal...just in case.

TwinTurboTerror · 10-27-2005, 07:20 PM

B5QShip · 10-27-2005, 07:25 PM

I don't have the full written policy on hand, though.

I think I would feel more comfortable calling and asking b/4 I pay for a track event. If they DIDN'T cover an incident, that would suck....and I wouldn't forgive myself for not asking

Ochlockonee · 10-27-2005, 07:33 PM

TwinTurboTerror · 10-27-2005, 07:42 PM

B5QShip · 10-27-2005, 09:02 PM

I don't understand how everyone can be so subversive about this issue. Will you really risk a $20k loss b/c you are too chicken to find out what the terms of coverage are? And what is the point of insurance that doesn't insure?

RKA · 10-27-2005, 09:33 PM

He just warned you about asking a direct question. The way around is to ask for a copy of your policy. Look through the terms yourself to see what's covered.

B5QShip · 10-27-2005, 09:39 PM

I wonder what the stats are on overall claims for DE participants (on & off track) vs those without the experience.

WindyCityS4 · 10-28-2005, 05:54 AM

I am not doing it for $ or competition. If it is timed or I get finacially compensated, all bets are off.

JasonS4+Festicle · 10-28-2005, 07:29 AM

the average Joe. That would make it much less likely you'd file a claim from something that happens on the road. Better car control = less claims.

It is unlikely you'll ball up your car at a DE, seems sort of stupid not to cover it since only a tiny, tiny percentage of people do DE.

I bet if you looked at the statistics, there are less claims from enthusiasts who attend DE than the general public.

On the other hand, maybe the people who attend DE drive more aggresively on the street and it's the opposite...I have no idea, just speculating.

10-27-2005, 06:25 PM	#1
RKA Member Account #: 2062 Join Date: Mar 2000 Posts: 67,038	State Farm and coverage on tracks... A few weeks ago somebody linked to a thread on a BMW board where a poster indicated his policy was recently changed to disallow any coverage on tracks (regardless of whether it is a DE, school, etc.). I just got my State Farm renewal in PA, and I see no such amendment to the policy. Now I know state law protects the insurance companies by absolving them of liability if a loss occurs during the course of a speed contest, or in preparation of the same, so in PA they already have some level of protection from track related claims. In any event, the post on the BMW forums didn't provide much detail, and I haven't seen any such change made to my policy. I do want to review it to make sure they didn't slip such a clause in there sometime in the past...but I doubt I'll find anything. If you're insured with State Farm...take some time to read the amendments in your next renewal...just in case. __________________ 2005.5 A4 Avant 2.0T Quattro 6MT APR 91/93/100 \| APR Exhaust \| 19" BBS RS-GT's \| Carbonio \| Hotchkis \| Partridge-in-a-pear-tree Others: 2006 TL on the block 2001 S4 sold 2000 A4 sold * September 11th, 2001 - Never Forget *

10-27-2005, 07:20 PM	#2
TwinTurboTerror AudiWorld Super User Account #: 3779 Join Date: Apr 2000 Posts: 13,279	Stupid ques: Does anyone sell track insurance? __________________

10-27-2005, 07:25 PM	#3
B5QShip AudiWorld Super User Account #: 78120 Join Date: Jul 2004 Posts: 7,743	I'm in Illinois & my renewal also doesn't have such an amendment I don't have the full written policy on hand, though. I think I would feel more comfortable calling and asking b/4 I pay for a track event. If they DIDN'T cover an incident, that would suck....and I wouldn't forgive myself for not asking __________________

10-27-2005, 07:33 PM	#4
Ochlockonee Member Account #: 72863 Join Date: Mar 2004 Posts: 2,953	Lloyds of London will insure the hair on your balls. __________________ "No, a flux capacitor is not compatible with a ham sandwich."

10-27-2005, 07:42 PM	#5
TwinTurboTerror AudiWorld Super User Account #: 3779 Join Date: Apr 2000 Posts: 13,279	LMAO. __________________

10-27-2005, 09:02 PM	#6
B5QShip AudiWorld Super User Account #: 78120 Join Date: Jul 2004 Posts: 7,743	If they say no & back it up with the contract, I would change my insurance in a heartbeat I don't understand how everyone can be so subversive about this issue. Will you really risk a $20k loss b/c you are too chicken to find out what the terms of coverage are? And what is the point of insurance that doesn't insure? __________________

10-27-2005, 09:33 PM	#7
RKA Member Account #: 2062 Join Date: Mar 2000 Posts: 67,038	He didn't say don't ask... He just warned you about asking a direct question. The way around is to ask for a copy of your policy. Look through the terms yourself to see what's covered. __________________ 2005.5 A4 Avant 2.0T Quattro 6MT APR 91/93/100 \| APR Exhaust \| 19" BBS RS-GT's \| Carbonio \| Hotchkis \| Partridge-in-a-pear-tree Others: 2006 TL on the block 2001 S4 sold 2000 A4 sold * September 11th, 2001 - Never Forget *

10-27-2005, 09:39 PM	#8
B5QShip AudiWorld Super User Account #: 78120 Join Date: Jul 2004 Posts: 7,743	I will certainly do that. It just sucks that they look at DEs in such a negative light I wonder what the stats are on overall claims for DE participants (on & off track) vs those without the experience. __________________

10-28-2005, 05:54 AM	#9
WindyCityS4 AudiWorld Super User Account #: 52314 Join Date: Mar 2003 Posts: 7,544	I called my agent and talked for 20 minutes. He called around and said I am fine, provided... I am not doing it for $ or competition. If it is timed or I get finacially compensated, all bets are off. __________________ In a world of constant change, it is the learners that shall inherit the future. For the learned soon find themselves capable of living in a world that no longer exists. Autobahn Country Club (North, South, combined), Blackhawk Farms, Gingerman, Grattan, Mid-Ohio, Putnam Park, Road America, Sears Point, Thunderhill and "The Ring"

10-28-2005, 07:29 AM	#10
JasonS4+Festicle Senior Member Account #: 36810 Join Date: May 2002 Posts: 7,229	It is a bit rediculous - I'd think most people who do these DE are MUCH better drivers than..... the average Joe. That would make it much less likely you'd file a claim from something that happens on the road. Better car control = less claims. It is unlikely you'll ball up your car at a DE, seems sort of stupid not to cover it since only a tiny, tiny percentage of people do DE. I bet if you looked at the statistics, there are less claims from enthusiasts who attend DE than the general public. On the other hand, maybe the people who attend DE drive more aggresively on the street and it's the opposite...I have no idea, just speculating.

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