[dar2008]

Hi,

Am seriously considering taking the M3 on one of the BMW novice trackdays at £49. But... I'm not prepared to do that without trackday insurance, especially as all the drivers will be novices!

I've done a quick search of the net and it seems trackday insurance is going to cost me upwards of £100. When I take into account paying for my son to attend (additional £5), two helmets (additional £20), and the instruction (£25)the £49 for the novice trackday is already past the £200 mark.

I'm not really planning to do any more track days, just this afternoon session. Does anyone know of any cheaper insurance options out there?

[dxb335d]

Welcome to the world of trackdays. It does cost a lot mate. Ive insured mine everytime. Costs do mount up,

Just go to the ring every year instead. Much more fun than a UK trackday! A great holiday also!

[baggy]

wheres the best place to look for track day cover.

what dont they cover?

[pjs]

Had a quote from MIS

For UK track day based on my car worth £20k, with a 10% excess, was £200/day.

For the Nurburgring, same co quoted 15% excess, then £300/day

As yet, not done a track day, need my engine to carry on working for a few months without fault before I want to.

Doesnt cover you if anything breaks, purely for crashing....

www.raceinsurance.co.uk

Good customer service.

[baggy]

Originally Posted by pjs

Had a quote from MIS

For UK track day based on my car worth £20k, with a 10% excess, was £200/day.

For the Nurburgring, same co quoted 15% excess, then £300/day

As yet, not done a track day, need my engine to carry on working for a few months without fault before I want to.

Doesnt cover you if anything breaks, purely for crashing....

www.raceinsurance.co.uk

Good customer service.

so if you brake some thing, you need to ask a mate to crash in to you lol

[m1bjr]

Originally Posted by dar2008

Hi,

Am seriously considering taking the M3 on one of the BMW novice trackdays at £49. But... I'm not prepared to do that without trackday insurance, especially as all the drivers will be novices!

I've done a quick search of the net and it seems trackday insurance is going to cost me upwards of £100. When I take into account paying for my son to attend (additional £5), two helmets (additional £20), and the instruction (£25)the £49 for the novice trackday is already past the £200 mark.

I'm not really planning to do any more track days, just this afternoon session. Does anyone know of any cheaper insurance options out there?

With all respect I think thats a very cheap deal.

Your actual cost will far exceed that, and I would suggest it will cost more like £400 with a tank of fuel, wear and tear on rubber, brakes, servicing etc.
As said its an expensive hobby.

The best option is to rent a car with a friend.
In fact Bookatrack will rent you a Caterham for about £600 a day and that includes everything and your insurance exposure is at most £1500 even if you total thier car.

I know you just want a taster session, but IME most people have a fantastic time and are instanty hooked

As for insurance I never have bothered, and I dont know many who do as the risk is actually low and down to you.
The ONLY expensive incidents I have seen and heard about on UK trackdays are a result of an overenthusiastic and underskilled driver.
All TDOs will pull a driver who is borderline dangerous or just rude and take them off the circuit.

The fact you have your lad on board will (I'm sure) keep you focused on learning rather than 'racing'.
Car to car contact I have never seen, it's EXTREMELY rare, so the only way you bend your car is almost certainly due to exceeding your own skills.
Drive hard, but like you do on the road - give way, use mirrors and move over for faster cars and most importantly "Drive within your own comfort zone" - Its not a race

Hope that makes you a little happier and hopefully cheaper?

Cheers,
Steve

PS - as for teh 'ring, thats the very LAST place to go if you have never been on a circuit before.
Its a huge risk these days, and immensely more expensive than just replacing your own car if you collect a sliding motorbike...

[doughboy]

+1

At BMW days the cars have to keep WELL apart with overtaking only permitted on straights, with the slower car needing to indicate and move to the inside of the track. Any silly business and you'll get black flagged. These rules will be more strict I'm sure at a novice day.

All the offs I've seen have been people overcooking it, hard to do TBH in a relatively slow road car. Tracks are designed with race cars in mind, our cars are positively meandering round compared to race speeds.


I looked into insurance and decent priced trackday insurance is about 1% of what you want to cover. For the 30K cover i was quoting they all wanted about £300 for a day. (with 10% excess of £3,000).

Shocking really, when 'road' insurance costs a similar amount for some for 365 days!!

Never bothered really. I actually feel safer on a track than on the road. They are SO wide and smooth. well sighted and everyones going the same direction!!

[dar2008]

I hear what everyone's saying about not bothering with insurance. But I love my car so much I just couldn't bring myself to take that risk

[dxb335d]

Originally Posted by pjs

Had a quote from MIS

For UK track day based on my car worth £20k, with a 10% excess, was £200/day.

For the Nurburgring, same co quoted 15% excess, then £300/day

As yet, not done a track day, need my engine to carry on working for a few months without fault before I want to.

Doesnt cover you if anything breaks, purely for crashing....

www.raceinsurance.co.uk

Good customer service.

Watch for Nurburgring insurance. They quote for TrACK DAYS not Touristfarten days which are very different.

[doughboy]

Hey! I love my car too, but insurance doesn't protect the car, it protects your wallet!

If your insurance 'protects' the car from nasty crashes, then can I ask what policy you have?

Ultimately, if you want to have a quick novice evening as a one off, then just dig deeper and get cover.

It should be cheaper as it is a officialy run club do.

Anyway you own a bloody M3 - you must be loaded.

[dxb335d]

Just insure the car. Your unlikely to crash into the tyres. But you may have some idiot lose it in front of you leaving you with nowhere to go etc.

[m1bjr]

Originally Posted by dxb335d

Just insure the car. Your unlikely to crash into the tyres. But you may have some idiot lose it in front of you leaving you with nowhere to go etc.

Of course, you are absolutley right.

But if you are looking at risk factors, then this is extremely low.
You are far more likely to be hit by an uninsured driver getting to the track IMO.

You can tell the idiots on lap one, so you just stay away, wave them past or pit in for a while and go out later.

The few spins I have seen in front of me have been well telegraphed, and I get on the brakes long before they get it out of shape

[simples]

Originally Posted by dar2008

Hi,

Am seriously considering taking the M3 on one of the BMW novice trackdays at £49. But... I'm not prepared to do that without trackday insurance, especially as all the drivers will be novices!

I've done a quick search of the net and it seems trackday insurance is going to cost me upwards of £100. When I take into account paying for my son to attend (additional £5), two helmets (additional £20), and the instruction (£25)the £49 for the novice trackday is already past the £200 mark.

I'm not really planning to do any more track days, just this afternoon session. Does anyone know of any cheaper insurance options out there?

where ru thinking of going (website??). i'm looking into this as well and tbh i'd reckon i could get away without the insurance taking into the advice of others here about spotting the joyriders!

[dxb335d]

Originally Posted by m1bjr

Of course, you are absolutley right.

But if you are looking at risk factors, then this is extremely low.
You are far more likely to be hit by an uninsured driver getting to the track IMO.

You can tell the idiots on lap one, so you just stay away, wave them past or pit in for a while and go out later.

The few spins I have seen in front of me have been well telegraphed, and I get on the brakes long before they get it out of shape

I agree entirely. But I can't personally not insure a car worth 40k which I cannot replace.

I can't throw that sort of money down the drain.

Tyre blowouts, anything can happen. Car blows up leaving coolant and oil on the track etc.

Accidents do happen even if they are rare.

[dxb335d]

Originally Posted by TrackRat

Be sure to read any track insurance policy VERY carefully as many things that you think that should be covered are exclusions. As an example in many policies if you have a mechanical component failure and tear up the engine or trans, it's not covered. If you get hit by someone else or you hit someone else, not covered - unless you buy additonal coverage above the base policy. damage to the track facility may or may not be covered. Transport of your vehicle from the track to storage or a repair facility may or may not be covered. Fire dept. may not be covered.

So read carefully before you buy or have a need to use.

Yes ive read all that.



Your only really covered for body damage on your car, NO THIRD party damage.

I know whats covered. I still chose to cover my expensive car.

End of the day, people sign disclaimers if you injure someone etc.

[dxb335d]

Oh well, Kill someone pay the price.

All Im saying is, I cannot afford to write off my car, whether 40k or 20k. 4-5k I could live with.

Track days are boring really. The Ring is far more fun. But even then fuckin expensive fun.

[toxicnerve]

Originally Posted by dxb335d

Oh well, Kill someone pay the price.

All Im saying is, I cannot afford to write off my car, whether 40k or 20k. 4-5k I could live with.

Track days are boring really. The Ring is far more fun. But even then fuckin expensive fun.

Carlito,

Out interest, if you binned your car on either a track or the 'ring what would you be covered for under the terms of your insurance and what would be excluded?

[dxb335d]

On track day with track day insurance: your covered (depending on what value) to repair anybody damage. Engine damage if rad and engine are damaged
etc through accident. Does
not matter what happened whose fault etc. Not covered for
third party (eg killed someone) therefore you have 40k car and wrote
it off and insured car for 40k would get 40k for new one.


Nurburgring is very different. Most track day companies don't cover tourist days
so therefore best to check your road cover for exclusions.
Sorry for odd spacing, I'm in iPhone
And it's hard work, had few glasses
champell also due to having something to celebrate

[doughboy]

Most road insurers have gotten wise to the fact that the Nurburgring is a 'public road' and of late have added specific worded exclusion of the 'Ring by name.

I had a 'clarification' letter mid policy from Sainsburys specifically excluding the 'Ring. They're underwritten by Esure, who are a major insurer with lots of other 'sub' brands.

These things always get found out eventually.

Out of interest DXB, how much is your track day cover? the lowest I could get was £300 per day for 30K car & engine cover.

[dxb335d]

Originally Posted by doughboy

Most road insurers have gotten wise to the fact that the Nurburgring is a 'public road' and of late have added specific worded exclusion of the 'Ring by name.

I had a 'clarification' letter mid policy from Sainsburys specifically excluding the 'Ring. They're underwritten by Esure, who are a major insurer with lots of other 'sub' brands.

These things always get found out eventually.

Out of interest DXB, how much is your track day cover? the lowest I could get was £300 per day for 30K car & engine cover.

Checked My policy closely and No exclusions for Ring or De-restricted one way toll roads

250 On Average mate. (UK Track day) Also I insured for the Ring especially twice, then realised it was a waste of money as it was for a Track day there, Not touristfarten. So used Road Policy last time)

[doughboy]

What insured value was that for?

Including engine and fire damage?

[M3-FAST]

We had a mid-year insurance revision also last year, that added the Nurburgring exclusion to the policy. Seems like a few of the firms are clicking onto the huge risk that the 'Ring poses?