I personally have an 05 FJR and am looking at an 06 R6 that I'd like to use on the track. I was wondering if most or any insurance companies will cover me/my bike at an STT event? I would like to think they would as STT events work something along the lines of a school with classes and instructors? I know I can just call Progressive, who I am with, and directly ask them but thought this would be a good question to cover on the forum too.
Yes. generally. since STT is considered rider training, and isn't a contest of speed or a timed event, most insurance companies will cover a crash. cheers, Lance
Looking at Progressive's Ohio Motorcycle policy it states the following, under Exclusions: cus I didn't find this to be specific enough I emailed progressive stating STT event were class and instuctor oriented and got the following very quick reply: :twisted: Oh Happy Day... :wink: by the way Gigantic you gota quite signing your posts cus its creeping me out seeing MY name on the bottom of all your posts
OLD AGE AND TREACHERY (Troy Seals - Max D. Barnes - Waylon Jennings) ? ? '91 Irving Music, BMI ? Old age and treachery always overcomes youth and skill Ain't too much that we won't do what Waylon won't Willie will Even though we've spent our lives charging up the wrong side of the hill Old age and treachery always overcomes youth and skill Some people say that our get up and go's got up and gone I don't know bout you Willie But I can still jump as high I just can't stay that high that long Even though we've spent our lives charging up the wrong side of the hill Old age and treachery always overcomes youth and skill Young bull says old bull let's run that heiffer down and have a ball Let's make her squawl Old bull says young bull let's just ease on adown and love 'em all Old age and treachery always overcomes... Rosie loves the raquet ball she won't do it but her sister will Damn what'd you say that for Ain't got a thing to do with this I know what you're tryin' to do Your tryin' to get half a song OK we'll put your name on it
As far as insurance costs, check around. Progressive was VERY high... I paid $43 a month for a 250 Ninja. I wanted a 600 and it was going to be over $100 a month. So I check with State Farm, 250 dropped from $43/month to $17 and the 600 was $19.... so it's like $70 a month for a 250, 600, and 1000 ninja for my husband and I. You might also check different agents because the State Farm ones close to me won't insure just a bike, you have to take your car and house (if applicable). I called one that was in another county, no problem with motorcycles only... they have a different underwriter and that made the difference. I know it was kind of off topic, but I wanted to share my two cents with the cost since Progressive was mentioned.
Insurance completely varies from person to person and company to company mostly cus of what each looks at to fiure out a rate like driving record or credit history... as you found better deals with state farm I found Progressive giving me better rates then allstate and statefarm. If you check any other car or motorcycle forum you'll pretty much see the "better rate" debate everywhere now back on subject.... does anybody know of any Ins. CO.'s that won't cover you/bike at an STT event?
I agree they all vary, however, State Farm always seems to have the best prices. Regrettably they also like to have a pretty clean driving record, which I know is hard for alot of motorcyclists out there. :twisted: Definitely give them a shot though.
This is an old thread, but I'm new so here it goes. I have State Farm and pay 500/yr for full coverage. That's with no tickets, accidents and 26 years old. They know I do track days and like mentioned above is covered fully.
A trackday friend of mine was reviewing his currant policy,and he states that his insurance (State Farm) no longer covers trackdays. It seems they have closed the track Day loop hole. Perhaps it varys from state to state or underwriter to underwriter??
Damn , hope I didn't cause that They just paid for my o6 R6 that I sent flying in T1 at Barber last month . Bent forks , dented frame , hole in radiator and a pile of other little things ..I hate involving insurance but 100+mph crashes suck They were cool about it though and paid $9500 for it without blinking an eye . I went Saturday and bought a new black one for $8049 . Now just to buy the little add ons again for STT next year .
Just my opinion and one that I don't expect anyone to agree with. When an insurance company writes you a policy for a street bike, I feel pretty certain they don't have track days in mind. You can consider this a loophole by omission on their part, use whatever loophole you can think of or call your trackday "safety training." In the end though you know deep down that you are getting one over on them. If someone borrowed your bike for a Sunday ride with some friends and the "ride" turned out to be a trackday, would you feel it was your fault for not asking if it was a trackday? No, I don't work for an insurance company and I have no love of insurance companies. Yes, when I dropped my 999 in August, I paid for the repairs. Like I said; just my opinion and no agreement expected. Mike Duzick
You're right I don't agree . My insurance rep was very nice and he even stated that it was better to have been riding agressively at a track than have even a slowspeed crash on the street . I walked away from the 100+mph crash without even a bruise so he knows they saved a ton of money . I think trackdays are a far safer bet for the insurance companies than the stunter or kneedragger on the streets . They know what sportbikes are designed for and where it is safer for them to be ridden . I leave insurance out of it except in this case when the bike was extensively damaged .
Just curious, Im new to all this. Aside from the bike what happened to you in the crash? Any major injuries?
I'm also fairly new to trackdays. I have a used 600 that is strictly for the track, and paid off. Therefore, I don't insure it at all. When I crashed my dirt bike, which wasn't insured, my health insurance covered the broken bones. I would assume it would be the same with a track day.
Guess I spoke on this topic too soon. I just had a low side crash which wouldn't have been too bad, except when the bike slid so nicely off the track, a foot peg dug into the ground and the bike went airborn. It somehow managed to land on every side. I'm fine...bike not so good. Guess I'll be spending time on e-bay instead of the track for awhile.
I am with you 100%. I recently had a "discussion" about this topic on another board, and that was my thought exactly, that the premium for your street bike is (presumably) determined by street-oriented factors and statistics. Off-road activities fall outside the pale of a "normal" operating realm for a street-licensed vehicle. Then again, anyone that can afford to take their 999 to a track, can afford to wad it.