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Ive been doing some research in preparation for doing my first track day next riding season, and one thing that came up is insurance coverage while on the track. I called Progressive, my original insurance provider to check, and they do not cover high speed related claims, so I set out to find an insurance company that did. I called State Farm (my car insurer) and it turns out they do cover "non competitive" riding, and they were able to beat Progressive's premium.
I went from paying ~$200 for liability (~$1400 comprehensive upgrade) to paying $132 liability (~$1200 comprehensive upgrade). The comprehensive coverage is as much as I pay for my car, but I suppose that is normal for a 21 y/o male... :thumbdown
It should be noted that liability coverage would not cover a track day accident - thats what comprehensive is for. I plan to switch to full coverage for track days and trips only - i would rather save my $ for mods and gear (barring an accident, of course).
I do have to give kudos to Progressive though. At the time, they were they cheapest, and they lowered my rate this year, and they've been pretty easy to work with. I also give props to State Farm, as they are local and are always lowering my car rates (and now hopefully my bike).
If you know of any other insurance co's that cover track days, post em up! :toocool:
Add: So far, Allstate and State Farm both (to the best of our knowledge) will cover a noncompetitive track day incident.
I went from paying ~$200 for liability (~$1400 comprehensive upgrade) to paying $132 liability (~$1200 comprehensive upgrade). The comprehensive coverage is as much as I pay for my car, but I suppose that is normal for a 21 y/o male... :thumbdown
It should be noted that liability coverage would not cover a track day accident - thats what comprehensive is for. I plan to switch to full coverage for track days and trips only - i would rather save my $ for mods and gear (barring an accident, of course).
I do have to give kudos to Progressive though. At the time, they were they cheapest, and they lowered my rate this year, and they've been pretty easy to work with. I also give props to State Farm, as they are local and are always lowering my car rates (and now hopefully my bike).
If you know of any other insurance co's that cover track days, post em up! :toocool:
Add: So far, Allstate and State Farm both (to the best of our knowledge) will cover a noncompetitive track day incident.