Sarcasm doesn't travel well via internet. On a serious note: I don't bother insuring my track bike. It has a salvage title anyway, and it's 7 years old. Naturally, you don't have that option for a street bike.
It may vary state to state however in 2012 State Farm sent out a notice to illinois customers about "closed courses." It stated that any incident involving the insured vehicle while in operation on a closed course commonly used for high speed maneuvering would not be covered by State Farm. Just FYI
Another reason not to move back to Illinois. :hat: I'm pretty sure eventually no ins company will cover it. They will always find a way to keep your money.
Geico covers me at the track, as long as there is no purse and no competitive racing. I recorded the conversation.......:getdown:
Welcome to the forum and to this addiction. Progressive Insurance policy is very clear that any closed track event will not be covered. I heard the same stories from guys on the internet about the possibility of the bike being covered. So I spoke to my agent. He asked very specific questions, including the max speed I achieved during the "training sessions". At the end, he was very nice, and wouldn't say that a claim would be denied, but it was very clear that events like track days were covered by exemptions written in my policy. No one will tell you this in advance, but if you get serious about track days and you are really trying to improve, it is HIGHLY likely that you will have at least a minor incident at the track. I saw a pristine MV Agusta F4 go down last weekend at Grattan. It was the rider's first track day on that bike. Not trying to scare you away. Just being practical.
I'm inclined to disagree with this particular comment. Before I got into the habit, every single guide I read suggested at least a few preparations for the day centered around the possibility of a crash. Examples: spare levers, zip ties, tow rather than ride to the track. I think anyone who is realistic about the sport recognizes this possibility, even if they try to deny it. Anyone I encourage to give it a try is also cautioned by me about the potential downsides. If you've had different experiences, that's really too bad. This is the kind of sport that could definitely benefit from having a greater quantity of accurate information.
Bock, Sorry -- as I look back at what I wrote, you are correct and I was absolutely wrong. There are people who caution others about the possibility of an accident (as I, in fact, tried to do for alizx6r). I did have an accident which would have totaled the bike if it was covered by insurance. The good news is that I got it back on the track for less than $1000. I wish I'd left the out the "no one will tell you in advance" part of the sentence. I stand behind the rest of it. Anyone serious about track days IS likely to have an incident. The margin for error is small, and the consequences are fairly high compared to most mainstream sports. alizx6r just bought a nice machine -- probably paid a good amount of his savings for it -- or even borrowed to buy it. My advice to anyone starting out is to buy a track bike or a street bike with damage. That way you don't feel so bad when you have your first incident. Sorry for the rant. Good luck alizx6r.
No worries mate! I was just surprised when I read your comment, but it sounds like we're on the same page anyway. Everybody is entitled to his/her opinion regardless.
tracking a bike you can't afford to total is foolish. there are so many trackready bikes available in so many places that it makes no sense to bring your "baby" to the track and hope you make it out unscathed. buy used, ride hard.
Statefarm covered my bike... but only after I appealed them denying the claim. I had to put up a fight and it lasted over a month but they finally covered it. I did have to buy the bike back for $1000, they wouldn't budge on that price. I would get a copy of the legal language and make 100% sure it doesn't exclude riding on purpose built race courses / closed course / etc. Track riding is awesome for everything except the wallet...
general consensus: check with YOUR insurance before you take YOUR street bike out. Basically, get a track bike built by someone else! Progressive (for USAA members at least) states: "Coverage under this [Part I-IV, including will not apply...] for: 1. bodily injury or property damage bodily injury or property damage resulting from, or sustained during practice or preparation for: a. any pre-arranged or organized: (i)racing; (ii)stunting; (iii)speed or demolition contest or activity; or b. any riding activity conducted on a permanent or temporary racetrack, racecourse, or during any closed course event. This exclusion does not apply to use of a motorcycle for escorting participants in charitable racing events
Allstate covered mine and then promptly sent me a letter stating that they were dropping the bike from my policy......but they did pay to get it fixed first.