QUESTION?? Do you guys insure your track bikes? - Chicagoland Sportbikes
Chicagoland Sportbikes
 
Track Talk This forum is all about discussing riding and setup tips for different types of racetracks. As well as discussion about the local racing scene.

 
LinkBack Thread Tools Display Modes
post #1 of 28 (permalink) Old 07-24-2004, 06:52 PM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
QUESTION?? Do you guys insure your track bikes?

I am looking to get started in this exciting new racing experience.
But, when I get my track bike and get it up to code, do you guys insure these bikes? Only because I find it hard to call my insurance guy and say "hey, this bike is for racing only, how much?" What do you guys do/suggest?

Thx for your help!

Keith
(lowbusa75)

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
Sponsored Links
Advertisement
 
post #2 of 28 (permalink) Old 07-24-2004, 06:56 PM
G2G
Guest
 
Posts: n/a
No, only reason is my track bikes are bikes that have salvaged titles and cannot be insured.
post #3 of 28 (permalink) Old 07-24-2004, 07:01 PM
Man with Big Hose
 
Pugsly's Avatar
 
Join Date: Jun 2002
Location: Hoffman Estates
Posts: 1,432
Location: Hoffman Estates
Sportbike: '01 Track only GSXR 600. No more street riding :(
Years Riding: Pick a number between 1 and 10? Opps now 1 and 11
How you found us: Champ91 in 2002
 
Send a message via AIM to Pugsly Send a message via MSN to Pugsly
no insurance, the rates would well be a ton more than the bike is evrt worth, plus any claims will affect all your other rates for cars etc....don't insure it's cheaper!!

That Boy Just Ain't Right
CCS #414
PARTS411.COM
Lockhart Phillips USA

NESBA #414 Advanced
2001 GSXR 600
Pugsly is offline  
Sponsored Links
Advertisement
 
post #4 of 28 (permalink) Old 07-24-2004, 07:07 PM
Cuddlie as a koala
 
YZFRob's Avatar
 
Join Date: Apr 2002
Location: Where its free.
Posts: 7,511
Location: Where its free.
Sportbike: Which bike?
Years Riding: Too long.
How you found us: Ken offered me money to join.
           
Only race vehicle insurance I know of is for theft/fire when its not on track. IE someone swipes it at an event, then its covered. Total it out during a crash, well, SOL.

My state farm agent insures race vehicles for that. DUnno how much though. Never chatted with him about it. But they are covered while inside my trailer by the trailer insurance and truck insurance.

I'm not crazy, my mother had me tested.
YZFRob is offline  
post #5 of 28 (permalink) Old 07-24-2004, 07:08 PM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
Quote:
Originally posted by Pugsly
no insurance, the rates would well be a ton more than the bike is evrt worth, plus any claims will affect all your other rates for cars etc....don't insure it's cheaper!!
That's exactly what I thought, but wasn't sure. thx guys.
This is prime reason why I'm looking for a cheap track bike.
thx again for your help!

Keith
(lowbusa75)

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #6 of 28 (permalink) Old 07-24-2004, 07:37 PM
Who's faster Lupi
 
Champ91's Avatar
 
Join Date: Apr 2002
Location: Lake in the Hills, IL
Posts: 4,957
Location: Lake in the Hills, IL
Sportbike: 2004 ZX10R & 2005 CRF50
Years Riding: 20
How you found us: SBN
           
YES insured as if it were a street bike. same coverage and deductable. As long as its not sanctioned racing my company is kool with it.

NESBA #456 Intermediate
Always 1 step ahead of Lupi. 1:24:7 BHF
And 1 step behind Kimmy

"SoB gets to spend yet ANOTHER season faster than me." -LUPI-
Champ91 is offline  
post #7 of 28 (permalink) Old 07-24-2004, 07:39 PM
YO MAMA
 
Odysseys's Avatar
 
Join Date: Apr 2002
Location: balls deep in someones mom
Posts: 60,261
Location: balls deep in someones mom
Sportbike: 2010 Electra Glide Police Edition 103cu
Years Riding: a long time!
           
here let me give a good comment for since this applies.

if you do rider track days/school track days, it should be covered.

RACEING is NOT covered under all normal street insurance policys



Odysseys is offline  
post #8 of 28 (permalink) Old 07-24-2004, 07:59 PM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
Quote:
Originally posted by Odysseys
here let me give a good comment for since this applies.

if you do rider track days/school track days, it should be covered.

RACEING is NOT covered under all normal street insurance policys
should i even mention that it would be used for track days/school track days? it still sounds like racing to me. Or would i simply just insure it as a street bike?

BUT, then if and when (knock on wood) i was to wreck it and it's disclosed they i wrecked at a race track, then what happens????

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #9 of 28 (permalink) Old 07-24-2004, 08:03 PM
YO MAMA
 
Odysseys's Avatar
 
Join Date: Apr 2002
Location: balls deep in someones mom
Posts: 60,261
Location: balls deep in someones mom
Sportbike: 2010 Electra Glide Police Edition 103cu
Years Riding: a long time!
           
you need to get your wording right.

if your not raceing "CCS" then you were attending a rider education day which works on instructional skills with your motor cycle.
which is coverd by alot of insurance companys.


IF your racing " a race for competitive sport of which points or prizes a compititon" then that is hardly ever covered by normal insurance companys and if you put in a claim saying thats what you were doing chances are your screwed.



Odysseys is offline  
post #10 of 28 (permalink) Old 07-24-2004, 08:03 PM
YO MAMA
 
Odysseys's Avatar
 
Join Date: Apr 2002
Location: balls deep in someones mom
Posts: 60,261
Location: balls deep in someones mom
Sportbike: 2010 Electra Glide Police Edition 103cu
Years Riding: a long time!
           
btw all the track days i put on threw CLSB are considered rider education.



Odysseys is offline  
post #11 of 28 (permalink) Old 07-24-2004, 08:10 PM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
thx ken! I'm getting real interested in this, so you may hear alot of dumb questions out of me in the future bro, sorry man.

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #12 of 28 (permalink) Old 07-24-2004, 08:18 PM
YO MAMA
 
Odysseys's Avatar
 
Join Date: Apr 2002
Location: balls deep in someones mom
Posts: 60,261
Location: balls deep in someones mom
Sportbike: 2010 Electra Glide Police Edition 103cu
Years Riding: a long time!
           
no question is a dumb question.
the only question that is dumb, is the one not asked.

ask me anything you like and i will always try to help you.



Odysseys is offline  
post #13 of 28 (permalink) Old 07-24-2004, 08:23 PM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
thx, you are da' man!

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #14 of 28 (permalink) Old 07-24-2004, 09:16 PM
Registered Abuser
 
v2neal's Avatar
 
Join Date: Jul 2002
Location: Hastings, MN
Posts: 1,603
Location: Hastings, MN
Sportbike: ATK605,CR250,VTX
Years Riding: 26
How you found us: S.C.M.O.D.S.
           
FWIW, I do not have insurance on my track bike, nor do I believe in claiming damage on a track bike, weather it is from a rider education corse, or whatever. My bike is an 02 R6 with a clean title and 1500 miles. Anyone who claims damage to insurance from a track mishap, has no foundation to complain about stunters, and squids who trash bikes, just say fuck it, and place a claim, thus raising the rates for us decent folk.
Do what ya want, but I bought a track ho knowing it will get damaged, and that I'll pay to fix it.

Life has no instruction manual. Parts and labor can be impossible to find. Many go down the road with parts that are in need of service. A breakdown is eventual.
v2neal is offline  
post #15 of 28 (permalink) Old 07-24-2004, 11:09 PM
YO MAMA
 
Odysseys's Avatar
 
Join Date: Apr 2002
Location: balls deep in someones mom
Posts: 60,261
Location: balls deep in someones mom
Sportbike: 2010 Electra Glide Police Edition 103cu
Years Riding: a long time!
           
very VALID point aswell v2neal
its kinda like you know well off 1st hand you might get hurt and you might damage to distroy your bike, or become paralized, or die even though dieing is FAR from happening, ya never know.



Odysseys is offline  
post #16 of 28 (permalink) Old 07-25-2004, 08:43 AM
 
Join Date: Apr 2002
Posts: 1,877
 
My track bike has insurance because it ALSO is my street bike. That is the only reason to insure it. If it were track only....no insurance other than theft would be needed..and even then, I probably wouldn't insure for that.
taziscool is offline  
post #17 of 28 (permalink) Old 07-25-2004, 10:19 AM
Moderator
 
Chills's Avatar
 
Join Date: Aug 2003
Location: Naperville, IL
Posts: 23,640
Location: Naperville, IL
Sportbike: Kawi ZX-10R
Years Riding: Since February 2012
How you found us: NESBA bbs
           
Send a message via Yahoo to Chills
I only have comprehensive insurance on my trackbike. That covers fire/theft..etc. Its pretty cheap insurance, like $15 a month.

Never a bad time to climb... unless the weather is really horrible, and then you climb inside!

I bleed GREEN
Chills is offline  
post #18 of 28 (permalink) Old 07-25-2004, 12:40 PM
Registered User
 
Kruz's Avatar
 
Join Date: Apr 2002
Location: West of 59, North of 88
Posts: 18,885
Location: West of 59, North of 88
Sportbike: 05 CRF50
Years Riding: "Since 1992"
How you found us: You found me
           
I have insurance on my track-only bike through Statefarm. It used to be my streetbike and I retained the same full ocverage since it is $200 a year.

I have tried to explain to my agent that I do not "race" and that all I want is theft/fire. He claimed that Statefarm does not cover the bike when it is on a racetrack and basically told me to keep the full coverage and that he would "forget" any mention of racetrack. I never argued because the $ difference was minimal for theft/fire only and I could be raising a red flag.

With that said, I would not claim anything that was my fault while riding on the racetrack.
Kruz is offline  
post #19 of 28 (permalink) Old 07-26-2004, 08:04 AM
BEER!
 
Grover's Avatar
 
Join Date: Apr 2002
Location: Lindenhurst, IL
Posts: 5,970
Location: Lindenhurst, IL
Sportbike: '01 SV650S (Pokey!) '02 Honda CR125 (Blockhead)
Years Riding: 5
How you found us: SBN
           
Send a message via AIM to Grover
I tried to lower my insurance payment by going to comprehensive only. It worked for about 1 month before they (USAA) completely cancelled my entire policy (bikes and car). Their reasoning (exactly from the letter) said it was because I ride bikes on a track. Even if the track bike wasn't on the policy, they wouldn't insure anything if I had the bike with it.

I now have the street bike only through State Farm. I'll probably use 21st Century for car, it was $200/year cheaper than USAA and $400/year cheaper than state farm. They don't insure bikes in any state other than California.

-Chris

NESBA/CCS #142
AIM: GroverSV650S
Dirtbikes are not submarines
Grover is offline  
post #20 of 28 (permalink) Old 07-26-2004, 08:17 AM
Moderator
 
Chills's Avatar
 
Join Date: Aug 2003
Location: Naperville, IL
Posts: 23,640
Location: Naperville, IL
Sportbike: Kawi ZX-10R
Years Riding: Since February 2012
How you found us: NESBA bbs
           
Send a message via Yahoo to Chills
Oh crap, Grover, are you serious about USAA? I have them for ALL my financial stuff. I'd better be careful about what I tell them regarding my trackday activities.

Never a bad time to climb... unless the weather is really horrible, and then you climb inside!

I bleed GREEN
Chills is offline  
post #21 of 28 (permalink) Old 07-26-2004, 09:00 AM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
Quote:
Originally posted by taziscool
My track bike has insurance because it ALSO is my street bike. That is the only reason to insure it. If it were track only....no insurance other than theft would be needed..and even then, I probably wouldn't insure for that.
BUT, if you wreck your bike at a track event will your insurance still cover it? OK, and the only reason I ask is from a business stand point. I know you guys are telling me this is not "racing"
but then i picture my insurance company wanting to see the area where i wrecked. ok mr. big insurance man, off to the "track" we go?!?!!? so now what? we get there and the first thing he says is, "this is a race track!" no matter how well i explain to him that it's not racing i stilll see him bending me over dude!

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith

Last edited by lowbusa75; 07-26-2004 at 09:03 AM.
MaxLean is offline  
post #22 of 28 (permalink) Old 07-26-2004, 09:07 AM
Registered User
 
Kruz's Avatar
 
Join Date: Apr 2002
Location: West of 59, North of 88
Posts: 18,885
Location: West of 59, North of 88
Sportbike: 05 CRF50
Years Riding: "Since 1992"
How you found us: You found me
           
I can't see any insurance agency covering a track crash, whether its a race or practice....if you crash on the track, its your fault.

Insurance is protection for unforseen catastrophes. You will crash eventually, that I guarantee. You have to just suck it up sometimes.
Kruz is offline  
post #23 of 28 (permalink) Old 07-26-2004, 09:08 AM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
Quote:
Originally posted by Kruz
I can't see any insurance agency covering a track crash, whether its a race or practice....if you crash on the track, its your fault.

Insurance is protection for unforseen catastrophes. You will crash eventually, that I guarantee. You have to just suck it up sometimes.
Thus why i'm looking for a $2k bike. I really appreciate the info guys!

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #24 of 28 (permalink) Old 07-26-2004, 09:24 AM
Registered User
 
Kruz's Avatar
 
Join Date: Apr 2002
Location: West of 59, North of 88
Posts: 18,885
Location: West of 59, North of 88
Sportbike: 05 CRF50
Years Riding: "Since 1992"
How you found us: You found me
           
When you do crash, don't expect it to be totaled....you'd be surprsied how much even what looks like a totaled bike will fetch. Usually, its a couple hundred to fix.
Kruz is offline  
post #25 of 28 (permalink) Old 07-26-2004, 09:36 AM
BEER!
 
Grover's Avatar
 
Join Date: Apr 2002
Location: Lindenhurst, IL
Posts: 5,970
Location: Lindenhurst, IL
Sportbike: '01 SV650S (Pokey!) '02 Honda CR125 (Blockhead)
Years Riding: 5
How you found us: SBN
           
Send a message via AIM to Grover
Quote:
Originally posted by Chills
Oh crap, Grover, are you serious about USAA? I have them for ALL my financial stuff. I'd better be careful about what I tell them regarding my trackday activities.
Yeah, it pissed me off. It took almost a year to clear up the 'who pays what' part of my medical coverage. They took a sworn, taped statement about my injuries, did some homework on NESBA and decided to cover my medical (good, $5000 worth). It's just now cleared up. Then, the underwriters get wind of me changing my coverage, review my records and say I'm unfit for coverage. My ER stint was $3200 plus about $2000 in doctor's visits/rehab. The rehab was about $1200 which was way more productive than the doctor's visits.

I looked at them for home insurance, but it was $150/year more than Allstate. Still need to review the deductibles though, since they are probably pretty high. State Farm was way higher for home insurance, which shocked them.

-Chris

NESBA/CCS #142
AIM: GroverSV650S
Dirtbikes are not submarines
Grover is offline  
post #26 of 28 (permalink) Old 07-26-2004, 10:00 AM
 
Join Date: Apr 2002
Posts: 1,877
 
Quote:
Originally posted by lowbusa75
BUT, if you wreck your bike at a track event will your insurance still cover it? OK, and the only reason I ask is from a business stand point. I know you guys are telling me this is not "racing"
but then i picture my insurance company wanting to see the area where i wrecked. ok mr. big insurance man, off to the "track" we go?!?!!? so now what? we get there and the first thing he says is, "this is a race track!" no matter how well i explain to him that it's not racing i stilll see him bending me over dude!
Personally...I don't know or care. If it's not bad(where it costs little to fix) why even claim it? If it's bad enough for insurance to total it....well, she will no longer be ridden on the street and I haven't lost much - yet gained a dedicated track HO. I bought the bike after a lowside.....it's not primo condition to start with.

I did take a cheap ass Katana to the track last time, really never cared if I crashed it. Funny thing though......a half dozen incidents during the day that could've seen pavement but never did happened: 2x hitting the header on the ground in corners, 2x spinning up the rear out of turn 1, 1 full lock up of both brakes sliding into turn 7, and 1 off road trip down the front straight at 60mph......never thought I was done for on any of them. I guess the WORRY you have about cashing correlates to whether or not you do/don't crash. I was never worried, so I never went down.

Guess you can't be scared about it.......if you go out there scared, bad things can and usually DO happen. Put your fears aside and have FUN!

Last edited by taziscool; 07-26-2004 at 10:05 AM.
taziscool is offline  
post #27 of 28 (permalink) Old 07-26-2004, 10:10 AM Thread Starter
AKA... blueberryboytoy
 
MaxLean's Avatar
 
Join Date: May 2004
Location: Northwest side!
Posts: 1,437
Location: Northwest side!
Sportbike: Track: 2004 Zakota Pocketbike killer!
Years Riding: here and dare...
How you found us: browsin' for porn
      
Quote:
Originally posted by taziscool
Personally...I don't know or care. If it's not bad(where it costs little to fix) why even claim it? If it's bad enough for insurance to total it....well, she will no longer be ridden on the street and I haven't lost much - yet gained a dedicated track HO. I bought the bike after a lowside.....it's not primo condition to start with.

I did take a cheap ass Katana to the track last time, really never cared if I crashed it. Funny thing though......a half dozen incidents during the day that could've seen pavement but never did happened: 2x hitting the header on the ground in corners, 2x spinning up the rear out of turn 1, 1 full lock up of both brakes sliding into turn 7, and 1 off road trip down the front straight at 60mph......never thought I was done for on any of them. I guess the WORRY you have about cashing correlates to whether or not you do/don't crash. I was never worried, so I never went down.

Guess you can't be scared about it.......if you go out there scared, bad things can and usually DO happen. Put your fears aside and have FUN!
I know!!!!! this is why i want a cheap bike to do so. i was debating on buying another nice/decent bike (i.e. reason for my insurance questions....) or do i buy a katana etc just to tool around with? if i get a cheap bike, don't worry about crashing it i can gurarentee as well i won't crash (as often, ha!) thx man.

"Smooth roads do not make skillful riders"
-----------------------------------------
Keith
MaxLean is offline  
post #28 of 28 (permalink) Old 07-27-2004, 08:56 PM
Old School
 
Join Date: May 2002
Location: wilmette il 60091
Posts: 1,007
Location: wilmette il 60091
Sportbike: 85 V65 Sabre
Years Riding: 27 years of street and dirt before that
How you found us: from roach
           
Send a message via AIM to WITMAN
check the wera board for a cheapie

skip the insurance, it is not worth it,
put the money into the bike's brakes and suspension, cause at the track thats what rules.
and if you do a educational track day like kens or the others
your insurance may give you a discount on your street bike,
I know progressive does and so do others like 10% or more.
check with your company,
have fun
whit

<............... Whitney

TWO WHEELS ARE THE ONLY WAY TO EXPERIENCE HEAVEN ON EARTH
WITMAN is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Chicagoland Sportbikes forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome