Insurance and tracks?

[Voltaire]

Going to a rider training day at Hampton Downs on Saturday.
I have two bikes, one is 30 years old on classic insurance and the other is 10 years old.
Classic Insurance said " $3000.00 excess if used on a track":weep:

Ducati Insurance said " no...as not recognised trainers like Honda School and another that sounded like Mainland Training":mad:

My Friend has another 30 year old bike and his insurance said " no worries as long as no timing is taking place"

Another with Swan said similar.

Obviously all insurance is not created equal.
What do you guys do on track days......I know...." don't fall off...."

Seems a bit short sighted when you want to improve your skills in a controlled environment you get this sort of response.

I'll have a whip around the car park and see if I can get $ 77.00 off each one.
Now lets see....using my Smith and ACC calculator thats....
....3000 divided by 77......= 500 motorists!!!!!!

[dipshit]

Actually, does anybody know State's policy on this?

[SMOKEU]

Or NACs policy?

[PirateJafa]

Actually, does anybody know State's policy on this?

0800 80 24 24 (http://www.state.co.nz/Contact-Us/)

[PirateJafa]

Or NACs policy?

0800 501 508 (http://www.nac.co.nz/contact.php)

[dipshit]

0800 80 24 24 (http://www.state.co.nz/Contact-Us/)

I did ask a lady over the phone once but all i got was "oooh... we're not to keen on those" mumble mumble...

:mellow:

Has anybody got a definite policy on track days out of them? (State)

[quickbuck]

As said, Honda Sure do as long as it is an HRCNZ Training day..... and you weren't out with the race bikes......


Now, what do I do?
Only third party on my bike anyway.
I use the money I would spend on insurance to go to training days to improve my skills to avoid accidents on the road.

If I bin on the track, almost always it would be my fault, unless a muppet stuffs up behind me and takes me out. In this case I would be after blood.

The damage to a bike is generally less when crashing at a track anyway. No poles/ fences/ prized cows to hit.....
So, realistically it wouldn't be worth a normal excess combined with no claims bonus to even put in a claim.

Take your bike to Hampton Downs, ride within your limits, have fun, and you will be fine!
Remember there won't be a Learner driver failing to give way to you on the track....
There won't be unmarked road work on the track... (at least I hope not, already)...
Just keep your ears open for tyres and metal screeching behind you.....

[dipshit]

The damage to a bike is generally less when crashing at a track anyway.

Have you ever seen a bike highside then go end over end a few times.??? :eek5:

[Voltaire]

As said, Honda Sure do as long as it is an HRCNZ Training day..... and you weren't out with the race bikes......


Now, what do I do?
Only third party on my bike anyway.
I use the money I would spend on insurance to go to training days to improve my skills to avoid accidents on the road.

If I bin on the track, almost always it would be my fault, unless a muppet stuffs up behind me and takes me out. In this case I would be after blood.

The damage to a bike is generally less when crashing at a track anyway. No poles/ fences/ prized cows to hit.....
So, realistically it wouldn't be worth a normal excess combined with no claims bonus to even put in a claim.

Take your bike to Hampton Downs, ride within your limits, have fun, and you will be fine!
Remember there won't be a Learner driver failing to give way to you on the track....
There won't be unmarked road work on the track... (at least I hope not, already)...
Just keep your ears open for tyres and metal screeching behind you.....

Going for sure, just curious on what different insurances say.

[quickbuck]

Have you ever seen a bike highside then go end over end a few times.??? :eek5:
Well, I have seen a rider highside his bike.... at about 90k.
Straightened it out for our rider to be out in the next race.

The damage was really cosmetic.
Proves my point, there was nothing off the side of the track for it to hit.

[Chooky]

[QUOTE=Voltaire;1129496674]Going to a rider training day at Hampton Downs on Saturday.
I have two bikes, one is 30 years old on classic insurance and the other is 10 years old.
Classic Insurance said " $3000.00 excess if used on a track":weep:


But why would you want to take a 30 year old classic bike on a track day, its old technology and wont even keep up with the girls on 250's.
Take the new one, even if its 10 years old... :)

[kit]

Or NACs policy?


I'm with NAC. I was told you have to let them know the date your bike will be at the track, and on that day if anything happens it doubles your excess.

[TuonoTom]

I went to a "have a go day" last year and I was covered by state because it was a rider training day, not a race day. But I'm sure you will get different answerers depending on who you talk to.

[Voltaire]

[QUOTE=Voltaire;1129496674]Going to a rider training day at Hampton Downs on Saturday.
I have two bikes, one is 30 years old on classic insurance and the other is 10 years old.
Classic Insurance said " $3000.00 excess if used on a track":weep:


But why would you want to take a 30 year old classic bike on a track day, its old technology and wont even keep up with the girls on 250's.
Take the new one, even if its 10 years old... :)


So old its got a kick start....
I'll be sure to watch out for the girls on the 250's though....

[LBD]

KB insurance for training days....15% cover value excess, which can be reduced for a fee paid in advance.

No cover for have a go days or timed events

[vifferman]

My bike is insured with Kiwibike (I think it's a Swann policy) and the last (only) time I considered a track day (Pukekohe) the answer was: "You are covered only if you attend the Advanced Rider Training (theory) session the night before, and there's an excess of $1000 if you bin it".

[SVboy]

Cost me a one off $50 premium for a have a go day-maintaining my excess at $1000. Considering even a minor lowside would potentially write my bike off [cosmetically]-it was worth it I feel. Brokers-KB.

[Dooly]

Done about 5 TDs, email Dave @ Kiwibike a few days before, pay 50 bucks and get an excess of $1000, or as said elsewhere 15% of insured value and no pay 50 bucks.
Great peace of mind.

[kiwifruit]

John Baker Insurance Brokers for the win.

[Cajun]

i have done tons of trackdays, all i do is let my insurance know before hand, my excess doubles so becomes $1000 instead of normal $500. as long as its not timed they don't care.

My insurance is done via a broker.

[Rodney007]

i have done tons of trackdays, all i do is let my insurance know before hand, my excess doubles so becomes $1000 instead of normal $500. as long as its not timed they don't care.

My insurance is done via a broker.

yah same although mine goes from 800 to 1600, :-) and im allowed no wof, reg on hold with race fairing and slicks, at any trackday, even puke open days :Punk:!

[discotex]

Done about 5 TDs, email Dave @ Kiwibike a few days before, pay 50 bucks and get an excess of $1000, or as said elsewhere 15% of insured value and no pay 50 bucks.
Great peace of mind.

That's with Star via Kiwibike. Dave's great. Nice and easy to deal with.

I don't bother paying the extra because I figure I'm only insuring myself for a total loss.

They're trying to prevent people claiming for minor scrapes and shit. Fair enough. Get crash knobs to minimise lowside damage if you want.

But yeah don't push it and you won't crash. Just like the road. Now I want to get faster and go harder so I plan to get a dedicated track bike :)

[Forest]

I'll have a whip around the car park and see if I can get $ 77.00 off each one.
Now lets see....using my Smith and ACC calculator thats....
....3000 divided by 77......= 500 motorists!!!!!!

Your calculator is broken!

[Voltaire]

Your calculator is broken!

Yes....it had an ACCident and no longer gives reliable results.

[Highlander]

We are insured with AMI, I asked about Rider training days emphasising they were held at a race track BUT NOT A RACE EVENT she asked themanager and said so long as it is not racing and not timed no problem.
No mention of increased excess or anything.


Of course that could all change should we unfortunate enought to want to make a clam.

Haven't specifically asked about tomorrows day at Hampton Downs, just assumed the same answer as last time I talked to them.

[discotex]

We are insured with AMI, I asked about Rider training days emphasising they were held at a race track BUT NOT A RACE EVENT she asked themanager and said so long as it is not racing and not timed no problem.
No mention of increased excess or anything.


Of course that could all change should we unfortunate enought to want to make a clam.

Haven't specifically asked about tomorrows day at Hampton Downs, just assumed the same answer as last time I talked to them.

Interesting.... I left AMI specifically because they refused to cover me at all. Insurance comes up soon too...

If I were you I'd get it in writing.