DE Liability Coverage
#16
You are not missing anything.
Knowing that I don't have track coverage, I never drive close to what I think my limit is, and I don't pass someone unless I know for sure I can. I am very willing to let other "aggressive drivers" pass me even if I know I'm faster than them.
If there is insurance coverage available, the premium is usually very high that I probably will not pay for. And even if I have the coverage, I will not change my conservative driving habit on the track anyway.
Knowing that I don't have track coverage, I never drive close to what I think my limit is, and I don't pass someone unless I know for sure I can. I am very willing to let other "aggressive drivers" pass me even if I know I'm faster than them.
If there is insurance coverage available, the premium is usually very high that I probably will not pay for. And even if I have the coverage, I will not change my conservative driving habit on the track anyway.
#17
My state farm agent confirmed that in NC my regular auto policy does cover hpde events. He put it In writing as well following his discussion with state farm to confirm coverage on my behalf. said something about it being an NC only thing.
#18
In Texas, I sat with a Farmers adjuster. At a DE. He claimed that Farmers policy will cover the car as long it is not for a trophy or prize. I have always thought he was knowledgeable and kept Farmers. Now I'm wondering. Anyone else have Farmers and asked them?
#19
I've gotten WSIB in the past just to be sure.
#21
State Farm (and other large Ins. Companies)
I'm not trying to be argumentative but according my agent there is but one (1) automotive policy for State Farm nationwide (and I suspect the same for other large insurance companies). It may vary to take into account state mandated limits of coverage for uninsured motorists and the like, but fundamentally its principle tenets don't vary across state lines. I doubt whether (m)any states have passed insurance legislation mandating DE and track event coverage (but I could be wrong, I suppose).
Also, my agent pointed out that it is not an agent that is responsible for approving claims despite the impression some may convey. That is the job of the claims department and they will deny any claim that falls outside the approved coverages/limits. Your agent does not, will not and cannot approve your claim anymore than the guy that sold you your Porsche can approve factory warranty work, nor can they unilaterally alter coverages without approval from corporate underwriting.
Bottom line, get a copy of your automotive policy that is currently in effect (which could be different from the one from ten years ago), read it and understand it. The time to be surprised by insurance coverage, or the lack thereof, is before you need it; not after an incident has occurred. I had to order a copy of mine yesterday which SF will mail (and I've been with them for 30+ years and never had one). If I had it, I would cite chapter and verse regarding lack of track coverage since it seemed pretty straightforward when they read those parts to me yesterday. Peace.
Also, my agent pointed out that it is not an agent that is responsible for approving claims despite the impression some may convey. That is the job of the claims department and they will deny any claim that falls outside the approved coverages/limits. Your agent does not, will not and cannot approve your claim anymore than the guy that sold you your Porsche can approve factory warranty work, nor can they unilaterally alter coverages without approval from corporate underwriting.
Bottom line, get a copy of your automotive policy that is currently in effect (which could be different from the one from ten years ago), read it and understand it. The time to be surprised by insurance coverage, or the lack thereof, is before you need it; not after an incident has occurred. I had to order a copy of mine yesterday which SF will mail (and I've been with them for 30+ years and never had one). If I had it, I would cite chapter and verse regarding lack of track coverage since it seemed pretty straightforward when they read those parts to me yesterday. Peace.
#22
^^Actually, what you say is true, but wrong. When an agent makes a determination of a claim, their failure to have knowledge is their problem. The problem then would fall under a claim on their Errors & Omissions policy should the adjuster deny the driving claim.
#23
Mike Maher in Palm Harbor (Tampa/Clearwater area) State Farm.
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