Ring Insurance
Discussion
Has anyone managed to get insurance that covers them on the Nurburgring?
I am planning to go there next weekend and my current policy explicitly states that it is not valid on the ring. I have had a hunt around previous threads on here and tried A Manning and AOM along with a few others without success.
Competition-car-insurance offered me cover for £600 a day!
I was thinking it might be cheaper to cancel my current policy and take out a new one annual cover that would include some track cover.
Any recommendations would be greatly appreciated.
I am planning to go there next weekend and my current policy explicitly states that it is not valid on the ring. I have had a hunt around previous threads on here and tried A Manning and AOM along with a few others without success.
Competition-car-insurance offered me cover for £600 a day!
I was thinking it might be cheaper to cancel my current policy and take out a new one annual cover that would include some track cover.
Any recommendations would be greatly appreciated.
I'm aware of very few that specifically include it.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
Edited by willdew on Monday 21st May 10:13
willdew said:
I'm aware of very few that specifically include it.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
Edited by willdew on Monday 21st May 10:13
Try Chubb Masterpiece through Quantum plc.
Edited by Vesuvius 996 on Monday 21st May 10:50
willdew said:
I'm aware of very few that specifically include it.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
Edited by willdew on Monday 21st May 10:13
'Cos obviously there won't be any witnesses, and no CCTV. And they're not bothered about being jailed for insurance fraud. And no one will be suspicious about an accident happening "close" to the Ring.
Edited by Vesuvius 996 on Monday 21st May 11:03
Ring insurance for a Porsche is expensive best I found at Easter was with a minimum exces of £5000 that was with chubb through Competition Car Insurance(part of towergate) the reason is from there underwriting database one in ten porsches they insure crash there.
The underwriter was frank with me that he just did not want the risk on his book I think we worked out I could insure a car at Le Mans for less on a £ covered basis.
You might try Alexander Forbes as they now advertise on the Back of the MSA liscence wallet but i would expect the same outcome.
For any organised track day NU club through any broker offer 5 free track days but you have to push them for it.
The underwriter was frank with me that he just did not want the risk on his book I think we worked out I could insure a car at Le Mans for less on a £ covered basis.
You might try Alexander Forbes as they now advertise on the Back of the MSA liscence wallet but i would expect the same outcome.
For any organised track day NU club through any broker offer 5 free track days but you have to push them for it.
Vesuvius 996 said:
willdew said:
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
'Cos obviously there won't be any witnesses, and no CCTV. And they're not bothered about being jailed for insurance fraud. And no one will be suspicious about an accident happening "close" to the Ring.
Edited by Vesuvius 996 on Monday 21st May 11:03
I'm not expressing an opinion on whether it's right or wrong, or the likelihood of them getting away with it - I'm just saying that it is very common. If you spend much time there you will hear a lot of stories of where people have done exactly this.
Edited by willdew on Monday 21st May 11:55
Vesuvius 996 said:
willdew said:
I'm aware of very few that specifically include it.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
A lot of people take a chance on the fact that their policy doesn't specifically exclude it, and that it is a public road, and so hope they will be covered if they need it. This is very dodgy ground, as plenty of people don't get paid out.
Other's take the chance that if they did have an accident, that no one if hurt, they would be able to move their car off the circuit, and that no one else is involved, and then are very vague as to where the accident happened when reporting it to the police and insurance company.
The £600 a day figure is generally deemed to be about right for the level of risk you are exposing yourself and the car to. i.e. One day there is more likely to have an accident than the other 364 days a year combined.
The only person I know who does have a policy that definitely insures him is covered by a specialist multi-car policy through NFU Mutual, under which he has half a dozen sports cars insured. I don't think this is open to the general public though, and I think you either have to be a farmer or live in the country. Interestingly, it also fully insures any driver he chooses to let drive the car there too, so his 17 year old son is also insured, as are (lucky) friends he lets drive.
'Cos obviously there won't be any witnesses, and no CCTV. And they're not bothered about being jailed for insurance fraud. And no one will be suspicious about an accident happening "close" to the Ring.
hendy said:
Competition-car-insurance offered me cover for £600 a day
For this money you could rent a race car with insurance included. www.rentaracecar.de if I recall correctly.
pikey said:
...and don't forget the big one - 3rd party. What if someone else is injured / hospitalised.. not to mention writing off someone else's £100k car?
That's an interesting one. From what I understand, if it is a race track, then you're not liable for third party cover (as on a regular track day). If it is a road, then you are liable, but you are also insured. The only grey area comes in when you have a road policy that specifically excludes the ring. The reason it's a "grey" area is that if it is a public road then they cannot legally exclude it.
Basically, the while thing is full of contradictions and counter dependencies which mean it's very unclear. As the OP rightly asks, if you want to know you are insured, you need a policy that specifically says you are covered. If you don't have this (which I think is likely to be 90% of the people there), then you may have difficulties if you try to make a claim.
lightweight said:
It has been tested as far as 3rd party goes the Insurer contacts the German pool who pays out then claimes of the UK pool who pays out then goes after your uk insurer to recover loss who then pays out.
Edited by lightweight on Monday 21st May 12:48
Ah, I see.
But does the UK insurer then chase the policy holder disputing whether they were right to have been forced to pay out?
willdew said:
pikey said:
...and don't forget the big one - 3rd party. What if someone else is injured / hospitalised.. not to mention writing off someone else's £100k car?
That's an interesting one. From what I understand, if it is a race track, then you're not liable for third party cover (as on a regular track day)
I think that would depend on the nature of the accident. If a driver can be shown to be negligent then that driver can be sued by any parties involved to recover damages both for vehicles and personal injury. Just because the driver does not have insurance does no mean he is not liable. Is anyone aware of this happening in the UK?
lightweight said:
It has been tested as far as 3rd party goes the Insurer contacts the German pool who pays out then claimes of the UK pool who pays out then goes after your uk insurer to recover loss who then pays out.
Edited by lightweight on Monday 21st May 12:48
Yes mate, then your insurer comes after YOU for the money they've paid out, plus costs and interest. So you lose your house.
Acording to the insurance people I have talked to that has never happened because of the ambiguious status of the ring and the fact that no insurer wants the cost of a test case.
The Guys at competition car insurance are very open about it
Maey you could do some pro bono work for the hard done by corporates in the insurance market and recover some of there losses
The Guys at competition car insurance are very open about it
Maey you could do some pro bono work for the hard done by corporates in the insurance market and recover some of there losses
Edited by lightweight on Monday 21st May 13:23
lightweight said:
Acording to the insurance people I have talked to that has never happened because of the ambiguious status of the ring and the fact that no insurer wants the cost of a test case.
The Guys at competition car insurance are very open about it
Maey you could do some pro bono work for the hard done by corporates in the insurance market and recover some of there losses
The Guys at competition car insurance are very open about it
Maey you could do some pro bono work for the hard done by corporates in the insurance market and recover some of there losses
Edited by lightweight on Monday 21st May 13:23
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