They probably won’t check it until there’s a claim...in my opinion, all insurance companies look for reasons not to pay when you make a claim.

 

No question about that. My wife once worked for a property and casualty insurer and would tell me about how far the claims department would go to find some obscure provision to support denial of a claim.

 

Hello Bill Mack
I just got my Hagerty renewal paperwork and no mileage info requested, just money. Only car related info asked was in a voluntary questionnaire asking if the car was in a fully enclosed garage (although less than full enclosed storage can be OK in some locations... probably not in south Providence though!).
Otherwise, I think Lowpass is correct in the policy is issued on the honor system and you already specified a daily driver for routine trips. Their web site says give them a call regarding "flexible usage" if you have a question. I think they'll understand good winter weather means more pleasure driving time... could be terrible next year so probably balances out.

 

I like the way you think!

 

I have this insurance on my 2007 XKR. Since my car is not a daily driver and it met their criteria I was able to use them and it cost about half what my regular insurance company quoted me. Right after I got coverage, I hit a deer. They were easy to deal with. But you should take note. You set your own coverage limit. And ur premium cost is directly related to that limit. when I set that limit I didn’t realize they will total the car if u get within a percentage of the limit u set. I bought my car at a good deal and set my limit for what I bought the car for. My damage was minor and superficial but with parts costing what they do. The repairs were costly. They wanted to total and pay me off with what it was insured for. I thought ok. So I looked around for a replacement similar XKR. I couldn’t find one in the same price range. So I had to convince them to cover repairs rather than a pay off. I had a hard time but got it done and got my car repaired correctly.
But to be clear they treated the situation really well and I would recommend Hagerty.

 

I hope we never use the policy! Shiny side goes up🥂

 

For those that mentioned State Farm on this thread I owe a big thanks. Hadn't considered them in the last several years and with my USAA insurance policy coming due with another increase, decided it was time for my annual price review. I got quotes from several carriers and due to the honorable mention of State Farm in this thread I threw them in the mix.

I just made the switch and my pricing across the board was PHENOMENAL!!! With the carriers I normally quote car insurance none are writing home owner policies in my area so I can't take advantage of a bundle discount. However State Farm is able to accommodate home and auto. I am going to save $2780 per year on my car insurance (cut my total rate in half for auto) and another $370 on my home, so $3154 total annual savings. This for like coverages.

I owe you guys.

 

I had State Farm for home and cars from 1982-1995. Their rates were always lower than the competitors. I needed them three times in all those years and they let me down every time... I guess when you don’t pay claims, your rates can be low...

 

Sounds good but we don't know what you were paying and with the lower price you now have if it is comparable to what others pay.

 

Agreed, but whenever I see anyone comparing how much the pay without disclosing the underlying policy declarations I realize it was completely useless info. But I am game:

Annual rates:
____________USAA____ SF
car insurance__$5100__ $2154
umbrella______$ 282___$ 443 ($1,000,000 liability)

250/500/100 coverage with 500 deductible, rental, and uninsured motorist at 100/300, this is 2 cars, 2015 Grand Cherokee @ 54k miles, and my Jag @ 46k miles.

____________St John __SF
home _______$2043 ___$1673 ($360,000 value)

 

Guys any of the above-mentioned insurance companies will cover drag racing events ?

 

No.

 

I seriously doubt it. More than likely you will need to get a separate policy.

 

I believe you can buy track insurance just for the event.

 

From whom?

 

Sometimes there are insurance providers at some of the larger events, there specifically for that event, and from ambiguous providers. They usually have one of those Vendor Booths with a sign or some sort of advertisement on it.
Would they actually pay out if there was a claim? I personally do not know.

 

There is one by Hagerty, just for example (I AM NOT ASSOCIATED, I have had their classic car insurance and they came up on a google and have a decent classic car insurance reputation); Basically they say it has a decent deductible:

Quote:

We offer two deductible options:

This is per event.

I've always been taught to only race what you can lose, but that's probably an old sentiment; the only drag racing I've ever done though was on my sportbike (legit at a track, never done the street), which is only worth a few grand anyway and it being damaged is the least concern if I mess up on it. One of my friends has a race team in Lemons racing, and obviously, cheap crap cars and very likely cosmetic and mechanical damage in racing; and not worth insuring.

The HPDE insurance though is neat and gives lower exposure when taking a nice car out but I have the same concern as CeeJay that I don't know cost and payout details; and I know no one who has bought or made a claim on these insurances.

 

Canbe bought at the track thru event sponsor.