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bacolmm
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Post subject: Motorcycle Insurance  Posted: Tue Nov 02, 2010 9:58 am |
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| Major 'Ho |
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Joined: Fri May 29, 2009 10:40 am
Posts: 920
Current TrackWhore(s): 2011 GSXR 750
Bike/Plate #: 25
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I've been pondering the possibility of getting a new bike next year. My plan would be to trade in / sell the RR and get something new that would pull double-duty on the track and street. The thought of tossing away a $10K - $12K motorcycle, especially on the track has me thinking about insurance. What are your thoughts / experiences with insurance on the track? I currently have Progressive and per my policy, I should be covered at the track. It basically says that I'm covered on a closed course as long as I'm not in a competitive environment, racing, at a timed event, or, a contest of speed. Has anyone had to deal with Progressive on a track related incident? I have all my other insurance through Liberty Mutual and have so for years. I'd be willing to switch everything over if there were a particular provider that was better than the others. State Farm is the one I hear about the most.
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Tib
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Post subject: Re: Motorcycle Insurance Posted: Tue Nov 02, 2010 11:11 am |
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| Major 'Ho |
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Joined: Wed Apr 29, 2009 9:47 am
Posts: 623
Location: PA
Current TrackWhore(s): 03 R1 Tack Bike - 09 GSXR 750 Street Bike
Bike/Plate #: 22
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When I asked my State Farm agent about it, she said that it's not covered which is different than what i've heard about State Farm. It might depend on agent and insurance company.
When I had Progressive years ago and asked, they said No, that a track is still a track where there is elevated risk.
Just give them a call and if they say it's covered, ask for it in writing.
_________________
03' Yamaha R1 - Track Bike - In bits and pieces across the united states - Rest in Pieces
09' Suzuki GSX-R 750 - Street Bike
Nesba #22
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madski
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Post subject: Re: Motorcycle Insurance Posted: Tue Nov 02, 2010 3:29 pm |
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| Site Admin |
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Joined: Wed Apr 22, 2009 1:27 pm
Posts: 3474
Current TrackWhore(s): Daytona 675 (track) R1 (street)
Bike/Plate #: 369
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mine excludes anything at a facility "designed for racing" SF.
_________________  Ἢ τὰν ἢ ἐπὶ τᾶς www.WickedRacing.com - Go Fast Parts & Gear for Riders and Their Motorcycles PM me for "TrackWhore" special discounts
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43%burnt
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Post subject: Re: Motorcycle Insurance Posted: Tue Nov 02, 2010 4:53 pm |
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| lil'Ho |
Joined: Mon Mar 15, 2010 1:54 am
Posts: 20
Current TrackWhore(s): '07 triumph daytona 675
Bike/Plate #: 0
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just to add to the discussion, has anyone had experience trying to insure a salvage title bike beyond just liability coverage?
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madski
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Post subject: Re: Motorcycle Insurance Posted: Tue Nov 02, 2010 5:29 pm |
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| Site Admin |
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Joined: Wed Apr 22, 2009 1:27 pm
Posts: 3474
Current TrackWhore(s): Daytona 675 (track) R1 (street)
Bike/Plate #: 369
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SF was not overly interested in insuring my 675 which is a salvage titles but since it's just a track bike the point was moot anyway. It has comp on it.
_________________ Ἢ τὰν ἢ ἐπὶ τᾶς www.WickedRacing.com - Go Fast Parts & Gear for Riders and Their Motorcycles PM me for "TrackWhore" special discounts
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silvr6
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Post subject: Re: Motorcycle Insurance Posted: Wed Nov 03, 2010 10:30 am |
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| Major 'Ho |
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Joined: Tue Apr 28, 2009 2:18 pm
Posts: 595
Current TrackWhore(s): 04 R6
Bike/Plate #: 383
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Riders insurance has good rates and covers track days
_________________ 
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Tib
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Post subject: Re: Motorcycle Insurance Posted: Wed Nov 03, 2010 11:30 am |
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| Major 'Ho |
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Joined: Wed Apr 29, 2009 9:47 am
Posts: 623
Location: PA
Current TrackWhore(s): 03 R1 Tack Bike - 09 GSXR 750 Street Bike
Bike/Plate #: 22
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silvr6 wrote: Riders insurance has good rates and covers track days I have heard that...you wouldn't by any chance know what kind of rates people have been quoted would you?
_________________
03' Yamaha R1 - Track Bike - In bits and pieces across the united states - Rest in Pieces
09' Suzuki GSX-R 750 - Street Bike
Nesba #22
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silvr6
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Post subject: Re: Motorcycle Insurance Posted: Thu Nov 04, 2010 8:49 am |
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| Major 'Ho |
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Joined: Tue Apr 28, 2009 2:18 pm
Posts: 595
Current TrackWhore(s): 04 R6
Bike/Plate #: 383
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Tib wrote: silvr6 wrote: Riders insurance has good rates and covers track days I have heard that...you wouldn't by any chance know what kind of rates people have been quoted would you? I didnt just "hear" it, I asked the rider insurance rep when I was at an open house and he looked up their policy on it. So I got it straight from the horses mouth When I went with them on the yellow r6 it was around $360 full coverage for the year with $250 deductibles on both sides with 100/100/50 coverage and I believe it was 5k of accessories coverage that covers your gear as well. I was very happy with them customer service was good, nice and easy to deal with. Plus mike rider coaches get a discount and Tib I believe they give you a discount for just switching to them and I think if you have the brc or erc you get more of a discount. _________________
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Tib
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Post subject: Re: Motorcycle Insurance Posted: Thu Nov 04, 2010 10:14 am |
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| Major 'Ho |
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Joined: Wed Apr 29, 2009 9:47 am
Posts: 623
Location: PA
Current TrackWhore(s): 03 R1 Tack Bike - 09 GSXR 750 Street Bike
Bike/Plate #: 22
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i'll have to call them...sounds pretty good.
_________________
03' Yamaha R1 - Track Bike - In bits and pieces across the united states - Rest in Pieces
09' Suzuki GSX-R 750 - Street Bike
Nesba #22
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madski
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Post subject: Re: Motorcycle Insurance Posted: Thu Nov 04, 2010 7:33 pm |
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| Site Admin |
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Joined: Wed Apr 22, 2009 1:27 pm
Posts: 3474
Current TrackWhore(s): Daytona 675 (track) R1 (street)
Bike/Plate #: 369
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Good info Kyle  You have contact info for them? _________________ Ἢ τὰν ἢ ἐπὶ τᾶς www.WickedRacing.com - Go Fast Parts & Gear for Riders and Their Motorcycles PM me for "TrackWhore" special discounts
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