Track insurance rates have certainly gone up

Vileintent · 06-29-2022, 03:10 PM

With the pandemic I haven't road coursed for about 2 years, was getting a quote through RLI for a one day event, coverage for 70K + 18K in mods and it was about $750, seems a lot higher than before. Ugh. Pay to play is right.

Was curious if others are paying as much, have seen better rates, or have some other strategy for how much they cover.

FNxR3DNECK · 06-29-2022, 03:25 PM

I usually used RLI back when I would get track insurance (2017-2019) and I usually did $30-35k agreed value and it would be like $200-250 depending on the track. So $750 for $88k agreed value doesn't sound too terrible, especially depending on the track.

kropscamaro16 · 06-29-2022, 04:20 PM

never heard of it lol

RamAir02 · 06-29-2022, 07:22 PM

My buddy who has been doing HPDE for 20+ years is also an insurance broker. He struck a deal with one of the car insurance companies to provide year round track insurance. I have 3 cars on the policy, one with track insurance (the ZLE). My cost went up a little over $1k/year, but doing at least 2-3 track events per year offsets that cost.

My car insurance is through Cincinnati Financial. I had never heard of them before I got my current policy with track insurance. And I don't know what states they're offered in, but if anyone is interested I'd be happy to ask my buddy if he can continue offering that type of policy to others. At the HPDE events I've been to, a good portion of the folks there have their car insurance policies through him.

Roostie · 06-29-2022, 07:59 PM

Paying 1% of the value of a car for one day of insurance seems mighty steep. However, there must be a lot of overhead to issue single-day track policies, and claims administration may be more costly than mass-market auto policies.
Things usually get cheaper by volume, so I would expect that if the cost is $200-250 for a $30-35k car, it should be less than $750 for an $88k car.
I have been self-insuring on my car that only cost $28k new, with the understanding that if I wreck it, I will probably be out of the game for a year or so, until I muster the finances to buy a replacement.

Christian1LE · 06-29-2022, 08:26 PM

Just checked lockton affinity and the prices have not changed for me since last year.

NashZL1 · 06-30-2022, 06:46 AM

https://ecommerce.rlicorp.com/HPDE/A...kQuote/Hagerty

Hagerty quote for my upcoming TrackNight in America event at Nashville Superspeedway for $70k coverage (2022 ZL1) less 10% deductible was $349. $498 if it WAS NOT a TrackNight in America event, which they sponsor.

cdrptrks · 06-30-2022, 12:18 PM

This is the cheapest option I found if you do 2 day events: https://ontrackinsurance.com/

Their price is the same for 1 or 2 day events and you can get a percentage discount by buying policies for 3+ or 6+ events for the year together instead of buying them individually. If you do a ton of track days there are unlimited annual policies available too from this company and from OpenTrack.

F419sr1 · 07-03-2022, 05:46 AM

One day pocono $75,000 $900

JSH · 07-03-2022, 12:08 PM

I insured my GTO one year at a time.

carguy55 · 07-04-2022, 05:12 AM

I just ran the numbers for my next event.

On Track was the lowest, follow by Lockton and then RLI.

I lower my cost by not doing total replacement coverage and not listing mods separately

ponyboy96 · 07-05-2022, 10:25 AM

I’ve been using ontrackinsurance for a while. They have the cheapest rates, though none are cheap. I just do stated value of what my payoff on the car is. Imho the deductible is 10% of the stated value, so a lower amount is better (less out of pocket).

06-29-2022, 03:10 PM	#1
Vileintent Drives: 2017 Camaro ZL1 A10 Join Date: Jan 2017 Location: Washington State Posts: 83	Track insurance rates have certainly gone up With the pandemic I haven't road coursed for about 2 years, was getting a quote through RLI for a one day event, coverage for 70K + 18K in mods and it was about $750, seems a lot higher than before. Ugh. Pay to play is right. Was curious if others are paying as much, have seen better rates, or have some other strategy for how much they cover. __________________ 2017 ZL1 Black, A10 Build: Magnuson 2650R, 103NW Throttle Body, Rotofab Big Gulp, Kooks 2" headers, Catless, AWE Touring exhaust, JRE Smooth Idle Cam, Katech Oil Pump, Elite Catch Can, JMS Fuel Booster

06-29-2022, 03:25 PM	#2
FNxR3DNECK Drives: 2017 SS 1LE Join Date: Mar 2016 Location: Monterey, CA Posts: 2,474	I usually used RLI back when I would get track insurance (2017-2019) and I usually did $30-35k agreed value and it would be like $200-250 depending on the track. So $750 for $88k agreed value doesn't sound too terrible, especially depending on the track. __________________ IG: @NC_M1SS1LE

06-29-2022, 04:20 PM	#3
kropscamaro16 Drives: 2016 1ss camaro Join Date: Feb 2016 Location: 909 Posts: 9,817	never heard of it lol __________________ 16 1SS NIGHTFALL GRAY METALLIC WITH NPP #BECAUSERACECAR #SAVETHEMANUALS

06-29-2022, 07:22 PM	#4
RamAir02 Shadow Gray '19 ZLE M6 Drives: '19 ZL1 1LE M6 Join Date: Apr 2009 Location: NJ Posts: 1,442 View My Garage	My buddy who has been doing HPDE for 20+ years is also an insurance broker. He struck a deal with one of the car insurance companies to provide year round track insurance. I have 3 cars on the policy, one with track insurance (the ZLE). My cost went up a little over $1k/year, but doing at least 2-3 track events per year offsets that cost. My car insurance is through Cincinnati Financial. I had never heard of them before I got my current policy with track insurance. And I don't know what states they're offered in, but if anyone is interested I'd be happy to ask my buddy if he can continue offering that type of policy to others. At the HPDE events I've been to, a good portion of the folks there have their car insurance policies through him. __________________ 2019 ZL1 1LE \| M6 \| SGM \| PDR \| CF Dash \| Nav \| Wheel Locks PPF \| Paint Correction \| ZL1 Addons Rock Guards \| ZL1 Addons Lift Pads \| ZL1 Addons Feather Lite Tow Hook \| JWM Smoked Sidemarkers \| Wildhammer Smoked Rear Reflectors \| JWM License Plate LEDs \| RotoFab CAI \| ADM IC Reservoir v2 \| BC Forged RZ05 \| SPL Toe Arms \| BW Brake Deflectors \| CMS Roll Bar \| Schroth Profi II ASM Harnesses . Sold: '99 Trans Am (bolt-ons & cam) \| '00 WS6 (bolt-ons, heads, cam, 12 bolt) \| '05 CTS-V (bolt-ons, short throw) \| '10 SS/RS M6 (short throw, CAI, coilovers, LTs, catback, JRE tune) \| '01 WS6 YouTube

06-30-2022, 06:46 AM	#7
NashZL1 Drives: 2022 Camaro ZL1 Join Date: Dec 2021 Location: Nashville, TN Posts: 216	https://ecommerce.rlicorp.com/HPDE/A...kQuote/Hagerty Hagerty quote for my upcoming TrackNight in America event at Nashville Superspeedway for $70k coverage (2022 ZL1) less 10% deductible was $349. $498 if it WAS NOT a TrackNight in America event, which they sponsor. __________________ Randy in Nashville 2022 Chevrolet Camaro ZL1 A10 2020 Ford Mustang Shelby GT500 2020 Genesis G90 Ultimate 2019 Mercedes-Benz SL450 2017 Corvette Grand Sport A8 2016 Hyundai Equus Ultimate 1971 Datsun 240Z

06-29-2022, 07:59 PM	#5
Roostie all it takes is cash Drives: 2018 LS V6 1LE; E350 wagon; Model3 Join Date: Jan 2017 Location: San Diego Posts: 372	Paying 1% of the value of a car for one day of insurance seems mighty steep. However, there must be a lot of overhead to issue single-day track policies, and claims administration may be more costly than mass-market auto policies. Things usually get cheaper by volume, so I would expect that if the cost is $200-250 for a $30-35k car, it should be less than $750 for an $88k car. I have been self-insuring on my car that only cost $28k new, with the understanding that if I wreck it, I will probably be out of the game for a year or so, until I muster the finances to buy a replacement.

06-29-2022, 08:26 PM	#6
Christian1LE Drives: 2004 BMW 330CI, 2022 1SS 1LE Join Date: Dec 2021 Location: NC Posts: 746	Just checked lockton affinity and the prices have not changed for me since last year.

06-30-2022, 12:18 PM	#8
cdrptrks Drives: 2017 Blue Camaro 1SS 1LE with PDR Join Date: Sep 2018 Location: Houston, TX Posts: 962	This is the cheapest option I found if you do 2 day events: https://ontrackinsurance.com/ Their price is the same for 1 or 2 day events and you can get a percentage discount by buying policies for 3+ or 6+ events for the year together instead of buying them individually. If you do a ton of track days there are unlimited annual policies available too from this company and from OpenTrack.

07-03-2022, 05:46 AM	#9
F419sr1 Drives: 2017 ZL1 Join Date: Jun 2018 Location: Randolph Posts: 317	One day pocono $75,000 $900 __________________ Kooks full exhaust, Roto Fab, Whipple,Williams 103, Fore innovation, JRE cam and tuning

07-03-2022, 12:08 PM	#10
JSH Drives: '20 ZLE Join Date: Jun 2020 Location: Mile High Posts: 3,565	I insured my GTO one year at a time. __________________ '20 ZL1 1LE A10, OEM short block, LME heads/valve train, E2650. 100+ octanes, no eth, no meth, no N2O. 2/23 - 1031/1004 wheel. 4/23 - 1.41/9.61/145 at DA 7000 ft. (only made five passes). 2/24 - LME 390, E2650, FBO, 100 oct.; 1116hp/ 1063tq; 109 oct. dyno next.

07-04-2022, 05:12 AM	#11
carguy55 Drives: 2018 1SS 1LE Join Date: Feb 2017 Location: Austin, Texas Posts: 1,489 View My Garage	I just ran the numbers for my next event. On Track was the lowest, follow by Lockton and then RLI. I lower my cost by not doing total replacement coverage and not listing mods separately __________________ www.youtube.com/@Racer_Mike87

07-05-2022, 10:25 AM	#12
ponyboy96 Drives: 2020 ZLE A10, 2018 F250 Diesel Join Date: Apr 2020 Location: Atlanta Posts: 148	I’ve been using ontrackinsurance for a while. They have the cheapest rates, though none are cheap. I just do stated value of what my payoff on the car is. Imho the deductible is 10% of the stated value, so a lower amount is better (less out of pocket).

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