AVAILABLE COVERAGE

OFF TRACK & STORAGE PROGRAM

The Off Course and Storage program is designed to protect competition vehicles from physical damage losses due to fire, theft, trailer upset or comprehensive losses and for most other physical damage claims that might occur while the vehicle is not operating under its own power. Other items that can be covered are the trailer, spare parts, major tools and equipment. This program offers “all perils” physical damage protection (subject to policy terms and conditions) and is in effect whenever the insured property is stored, transported to and from events, and while it is in the paddock and garage areas.  Please note that coverage is excluded for on-track physical damage or while the scheduled competition vehicle is under its own power.

ON TRACK PHYSICAL DAMAGE

Policies are traditionally written on a Primary “First Loss” basis covering the repair or replacement of damaged parts following accidental damage or fire whilst competing, testing, or qualifying. Coverage can either be arranged on a race-by-race basis or as part of a seasonal package dependent on the requirement of the individual client.Policies can be arranged to cover the full value of vehicles, either by offering an excess layer of accidental damage and fire or as is more typically the case and to keep the costs to the client down, by offering a catastrophe protection layer up to the full sum insured for the perils of fire or fire following accident above the primary layer.

BUILDING & CONTENTS

A building and personal property coverage form is a type of business insurance for physical damage or loss to commercial property.  This form of insurance specifies what types of property are insured, such as buildings and personal property, as well as what types of property are not, such as cash and animals. The building and personal property policy form will specify any additional coverages, exclusions and restrictions.  Common perils that are covered are fire, theft, vandalism and weather related damages.

BUSINESS AUTO

Commercial auto insurance  for transporters, tractors, toterhomes, motorhomes and all other support vehicles.  A commercial auto insurance quote typically includes:

• Liability
• Physical Damage
• Medical Payments
• Uninsured Motorist
• Hired Auto
• Non-Owned Coverage
• Any Auto

OCEAN TRANSIT

With thousands of container ships sailing around the world every day, the chance of cargo being lost or damaged is a very real possibility.
Ocean Marine Insurance is required to cover your vehicles when they are at sea and in transit.

This is a type of insurance that offers funds to assist you in recovering from cargo losses such as lost, sunk, or damaged cargo.

HEALTH INSURANCE

There is a common misconception among racers and crew that if they are injured, the racetrack’s insurance would be their first line of protection. That is not the case. Your personal health insurance is the first line of protection.

Health insurance safeguards you from unexpectedly high medical expenses. And before you reach the deductible, you pay less for covered in-network health care. And when you reach the deductible, you are entitled to free preventive treatment, such as vaccinations, tests, and other check-ups.