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Cibby
15th December 2005, 13:39
Ok.

So i'm sorry to be a geek but it comes with the profession.

Will everyone please check your insurance policies for track day cover.

If you are with me, you are covered, however i have been made aware that Swann Insurnce dont cover anything on the track at all.

If you are unsure, please call your insurance company and decribe sunday as a "Rider Improvement Day" ensure that you mention that none of the laps are timed and that is ISNT A RACE!!!!!!!!!!!!!!!!!!!!!!

If you need insurance, then i can offer you track cover but it has to be for a full year ( I cant do one days) and only if you are over 25 with a clean(ish) riding history... Email me on racheal@inscon.co.nz

actually.. i woudl prefer if you didnt email me, only cause i have heaps of work but i can help those of you who need it!!!!!!!!!!

Cause i'm nice like the..

Kindest Possible Regards

The Cibby Insurance Specialist :confused:

bugjuice
15th December 2005, 13:40
took yer time to cash in on this, didn't ya?

Cibby
15th December 2005, 13:43
took yer time to cash in on this, didn't ya?

pfft your telling me..

i could have made millions!!!!!!!!!!!!!!!!

Honestly thou i just want to make sure all my dear friends at KB dont lose there babys on the track.

cause i'm nice like that.. :sick:

bugjuice
15th December 2005, 13:48
I don't have any kids (that I'm aware of), so I'm fine there..
Just don't want to trash my bike.. that's all I'm concerned about

Test Pilot
15th December 2005, 13:57
stuff insurance, just dont crash. the likly hood of being paid out with out any hassle is probably very low.

Devil
15th December 2005, 13:58
I'm getting sick of being under 25!!!
2.5 months to go...

Cibby
15th December 2005, 14:15
stuff insurance, just dont crash. the likly hood of being paid out with out any hassle is probably very low.


i resent that remark ever so slightly, <_< i have discussed this particular cover with the insurer and they are aware of what is going on. and are aware of the risks involved.

So all good. ;)

Test Pilot
15th December 2005, 14:20
i resent that remark ever so slightly, <_< i have discussed this particular cover with the insurer and they are aware of what is going on. and are aware of the risks involved.

So all good. ;)

so if someone was to crash at 250km down the straight because they didnt brake in time or they hit slippry spot on the track, or something like that, and they wrote off a $20,000 bike and needed hospital cover the insurance would pay out without a problem??

sAsLEX
15th December 2005, 14:47
so if someone was to crash at 250km down the straight because they didnt brake in time or they hit slippry spot on the track, or something like that, and they wrote off a $20,000 bike and needed hospital cover the insurance would pay out without a problem??

better than doing it on the road and crashing the bike into a bugatti and a rolls royce!

The increased rider ability from training also reduces the chance of them crashing off the track as alot of the skills learnt are transferrable to the road.

Many a reason why they should insure days like these

Postie
15th December 2005, 14:49
so if someone was to crash at 250km down the straight because they didnt brake in time or they hit slippry spot on the track, or something like that, and they wrote off a $20,000 bike and needed hospital cover the insurance would pay out without a problem??

its no problem if ya dead, 250-0 could do that to ya. so i guess there is no problem

Test Pilot
15th December 2005, 15:02
its no problem if ya dead, 250-0 could do that to ya. so i guess there is no problem

yeah but lets just say you dont die then

bugjuice
15th December 2005, 15:05
then yes. They agreed to cover you, so they have to cough up. You paid your premium, they insure you on the track. It's in that bit you sign, called a legal contract ;)
neat, huh?

Test Pilot
15th December 2005, 15:06
Many a reason why they should insure days like these

I agree they should but i just dont see it being as clear cut as pay your premium and no matter what theyl pay you out.

Kickaha
15th December 2005, 15:24
so if someone was to crash at 250km down the straight because they didnt brake in time or they hit slippry spot on the track, or something like that, and they wrote off a $20,000 bike and needed hospital cover the insurance would pay out without a problem??


Ask Biff about that one he totalled his Blackbird going into turn one at Ruapuna with his insurance guy watching at a track/training day and was paid out with no problems, probably wasn't doing 250kmh though as he'd be to scared to wind the throttle round that far :bleh:

Cibby
15th December 2005, 15:36
then yes. They agreed to cover you, so they have to cough up. You paid your premium, they insure you on the track. It's in that bit you sign, called a legal contract ;)
neat, huh?


geeze.. atleast someone gets it.. :)

:doobey:

Racey Rider
15th December 2005, 19:09
So what happens in this situation Cibby? :sherlock:

If I, on my uninsured race bike, have an oops on the track day that takes out another bike that is insured with your company, is it normal pratice to come after me to recover the 20 000 odd dollars you paid out to your client? :shutup:
Racey

HDTboy
15th December 2005, 20:07
stuff insurance, just dont crash. the likly hood of being paid out with out any hassle is probably very low.
You taking a page out of my book?

Zapf
15th December 2005, 23:14
cheers for the heads up Cibby... :) I assume I am covered?

Drunken Monkey
16th December 2005, 07:57
So what happens in this situation Cibby? :sherlock:

If I, on my uninsured race bike, have an oops on the track day that takes out another bike that is insured with your company, is it normal pratice to come after me to recover the 20 000 odd dollars you paid out to your client? :shutup:
Racey

Good question. If it WAS racing, it would be a racing incident. You may be fined by the race director, but you are not liable for any repairs to damage the other competitor suffered.
It may be outlined that you are solely and personally liable in the indemnity you sign for Frosty, I can't remember what I signed last time.

Personally, if that happened, and the other rider's insurance company tried to recover costs form me, I'd tell them to kindly f-off.

Test Pilot
16th December 2005, 10:38
You taking a page out of my book?

if i was taking it from your book, then i would crash. Plus im not nuts like you, i wana live to see New Years ahahhaahh

Cibby
16th December 2005, 11:10
So what happens in this situation Cibby? :sherlock:

If I, on my uninsured race bike, have an oops on the track day that takes out another bike that is insured with your company, is it normal pratice to come after me to recover the 20 000 odd dollars you paid out to your client? :shutup:
Racey

like someone said below, in a situation such as this sunday, the person you cause to bin, their insurance would cover them and then yes, the insurance company is legally able to "invoke their subrogation rights and chase your ass down. Hense the reason all insurance policies have a public liability extension for a million buckers..

in a "actual' race" it is a different situation.

and whilst you can try to tell them to "fuck off" as someone suggested, you could still be legally liabilty and therefore it could effect your credit rating etc etc etc....

Test Pilot
16th December 2005, 11:25
like someone said below, in a situation such as this sunday, the person you cause to bin, their insurance would cover them and then yes, the insurance company is legally able to "invoke their subrogation rights and chase your ass down. Hense the reason all insurance policies have a public liability extension for a million buckers..

in a "actual' race" it is a different situation.

and whilst you can try to tell them to "fuck off" as someone suggested, you could still be legally liabilty and therefore it could effect your credit rating etc etc etc....


So your saying that those that are insured that get hit by anyone else on a racetrack is sweet and he who caused the accident will be done by the insurance company. nah we are on a race track, and we all take the risk and accept the fact that crashes might happen and thats just the way it is. If someone crashed into me id be pissed but i knew the risk and i wouldnt expect them to pay, just like i wouldnt either. Like i said its a race track and not the road and a speeds exceeding the speed limit there is no claw back on someone who makes a mistake. So i too would tell the insurance company to piss off

Racey Rider
16th December 2005, 11:27
"invoke their subrogation rights"

SUBROGATION!

What sort of a word is Subrogation?!

O thats right,, we're talking Insurance Companies here. They Make up there own words!!

I'm gunna have to go and look that one up in the dicktionary, just to make sure you weren't just trying to turn me on! :blah:

bugjuice
16th December 2005, 12:00
Good question. If it WAS racing, it would be a racing incident. You may be fined by the race director, but you are not liable for any repairs to damage the other competitor suffered.
It may be outlined that you are solely and personally liable in the indemnity you sign for Frosty, I can't remember what I signed last time.

Personally, if that happened, and the other rider's insurance company tried to recover costs form me, I'd tell them to kindly f-off.
but it's not racing. It's a track day.

Lets hope we never find out the true proceedings for this sort of incident, but it could possibly be treated like any other RTA on public roads, where the 3rd party isn't insured.

I wouldn't take my bike on the track unless I was insured. You imagine how much it'd cost me to get new crank case(s), forks, respray, headlight etc etc etc for a 2004 bike? no thanks.. Plus not having any transport while you're saving up for the repairs..

Drunken Monkey
16th December 2005, 19:56
I wouldn't take my bike on the track unless I was insured. You imagine how much it'd cost me to get new crank case(s), forks, respray, headlight etc etc etc for a 2004 bike? no thanks.. Plus not having any transport while you're saving up for the repairs..

Too bloody bad. If you're not going to accept an own-responsibility attitude to the track day, I'll be farked if I'm going to share a track with you. You worried about footing the bill for damage sustained to your bike on a track? Don't take it on the track!


..but it's not racing. It's a track day...

And in certain areas, irrelevant. Road rules do not apply. Do you know your track rules? Do you know who has racing line in any given situation? Racing line will still apply in R.O.W. situations. Sometimes they're not as clear cut as road rules either. Would you accept the track marshal's opinion as a final decision? More importantly, would your insurer?

Point being if you changed line mid corner and knocked me off my bike, I'd be peeved, but I wouldn't go chasing you down for the repair bill - it's just not done. I'm sure any other *experienced* track day user would expect the same courtesey in return.

Racey Rider
16th December 2005, 20:26
Would it be possable to insure ALL of us AS A GROUP for a days track ride?

Sort of KB Insurance/Group discount thing? Add $5each to future track day costs to cover us ALL. Maybe those with road going bike that are already insured for the track would buck at "paying twice". But are we not a commuity of friends here? :grouphug:
Cause the repercussions of one of us 'Can't get insurance for one reason or another bikers' being chased by some insurance company for SUBROGATION of $20 000+ would be hard to sleep with (for some) if we had a oops on the track together.

justsomeguy
16th December 2005, 20:37
then yes. They agreed to cover you, so they have to cough up. You paid your premium, they insure you on the track. It's in that bit you sign, called a legal contract ;)
neat, huh?

Very funny, you talk like someone who's never made a claim before.....

The reality is they stuff you around for a couple of months, then hope you forget, if you still persist, then they tell you to hold on, then ask you to prove what happened again, then decide your 2004 $16K 636 is really only worth $7k - then pay you that.......take it or leave it........

justsomeguy
16th December 2005, 20:43
Too bloody bad. If you're not going to accept an own-responsibility attitude to the track day, I'll be farked if I'm going to share a track with you. You worried about footing the bill for damage sustained to your bike on a track? Don't take it on the track!



And in certain areas, irrelevant. Road rules do not apply. Do you know your track rules? Do you know who has racing line in any given situation? Racing line will still apply in R.O.W. situations. Sometimes they're not as clear cut as road rules either. Would you accept the track marshal's opinion as a final decision? More importantly, would your insurer?

Point being if you changed line mid corner and knocked me off my bike, I'd be peeved, but I wouldn't go chasing you down for the repair bill - it's just not done. I'm sure any other *experienced* track day user would expect the same courtesey in return.

Well said DM. :niceone: At the end of the day that's the truth.

You got a prob with truth - STAY OF THE TRACK.

Note in general: Just because you say it's not a race day doesn't mean jack

- what is a track day anyway??

Isn't it you riding your bike to the best of your ability. The fact that you have me (slow poke) and drunken monkey (trackday veteran) around while you do it instead of others riding a similar type of bike makes no difference. You will still be pushing it ten-tenths, raceday or trackday......

Drunken Monkey
16th December 2005, 20:49
Well said DM. :niceone: At the end of the day that's the truth...

I was going to say exactly the same thing about your post about insurance claims... :)

justsomeguy
16th December 2005, 20:54
I was going to say exactly the same thing about your post about insurance claims... :)

Cheers mate - It's good to get these things out in the open instead of playing "schoolyard gossip".

By the way your sig?? Is that a martial art grade?? If so what is it?? It sounds like ninjutsu or jiu-jutsu -- but I'm just guessing.

FROSTY
16th December 2005, 20:56
Heres the deal plain and simple.
If you want to go on the track then you sighn the indemnety form.
The indemnety form waives your right to sue other riders and the organiser/track owner and their representatives.
In a nutshell if ya bin then you claim on your own insurance.
You must follow the rules outlined by the trackday organiser.

ANYHOO __We are all gonna be riding within our abilities so its all a moot discussion.

Drunken Monkey
16th December 2005, 21:01
JSG - Ninjutsu. Said at the start of class. Something like 'the law of the ninja is our primary inspiration'.

Frosty - Thanks for taking the time read the thread & post to clear this up.

FROSTY
16th December 2005, 21:10
You will still be pushing it ten-tenths, raceday or trackday......
NO YOU WONT --anyone riding like a fuckwit will be asked to leave
it is NOT a race day
It is NOT a timed trial
it is a TRACK DAY
The marshals and myself are there to watch for dangerous or inconciderate riding.
I WILL COME DOWN ON OFFENDERS LIKE A TONNE OF BRICKS

justsomeguy
16th December 2005, 21:16
NO YOU WONT --anyone riding like a fuckwit will be asked to leave
it is NOT a race day
It is NOT a timed trial
it is a TRACK DAY
The marshals and myself are there to watch for dangerous or inconciderate riding.
I WILL COME DOWN ON OFFENDERS LIKE A TONNE OF BRICKS

Hehehehe - me ride like a fucwit?? :killingme

I'm the worlds slowest Indian:zzzz:

I just hope I don't get taken out by those lapping me.:chase:


Jokes aside - yes Sir, I don't want to bin my poor little CBR either - It's currently cost me half an SV650:slap:

FROSTY
17th December 2005, 06:08
Cibby--i'd like to hear from you re public liability insurance