DWNSHFT
New Reader
10/29/08 1:56 a.m.
One of our local track clubs recommends this company:
http://hpdeins.locktonaffinity.com/
This is single-event damage insurance specifically for HPDEs. It does not include liability and the minimum deductible is $1,000. I plugged in a $10,000 agreed value and got a premium of $68 for a 1-3 day event.
Thought you all might be interested.
I am not affiliated with in any way, make no representations or warranties express or implied.
Thanks for the find..I wonder how the fine print reads...
Greg Voth
Associate Publisher
10/29/08 8:32 a.m.
I met with Lockton Affinity a few months back. It seems like a pretty straight forward program, the event you are going to do needs to be approved beforehand. And for example he said they would need photos of why I felt my 84 RX-7 was worth the $10,000 I insured it for before I balled it up on track. I know that the next HPDE I run in my RX-7 I would look strongly into using them.
I have way too many blood, sweat, and tears (not to mention money) in that car to loose it all over trying to save a hundred dollars. The gentleman I met runs an E30 race car wheel to wheel and has run HPDEs so they are racers too.
I feel like some of our HPDE cars might be smaller fish when they have guys with new M3s and 911s out on track. At a recent PCA event we saw a street GT3 that hit a wall at Daytona. I did not envy that gentleman, however everyone walked away.
It seems like this program will allow more people to get out on track that couldn't afford that risk before.
-Greg