Insurance for the Track Date in Taupo

[Racey Rider]

So what happens in this situation Cibby?

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?
Racey

[HDTboy]

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]

cheers for the heads up Cibby... I assume I am covered?

[Drunken Monkey]

So what happens in this situation Cibby?

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?
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]

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]

So what happens in this situation Cibby?

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?
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]

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]

"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!

[bugjuice]

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]

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]

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?
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]

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]

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. 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]

Well said DM. 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]

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.