For those of you that ride on track only - Page 2

TYEster · 01-03-2010, 10:53 AM

The only thing that insures my "off-road" vehicle would be my home-owners ins in the event thieves get around my garage door and 15 hollow point rounds.

lauralynne · 01-03-2010, 11:12 AM

Quote:

Originally Posted by TYEster

The only thing that insures my "off-road" vehicle would be my home-owners ins in the event thieves get around my garage door and 15 hollow point rounds.

double check your homeowners - ours will NOT cover vehicles with motors even stored in our garage, even the off road bikes. I have to have moto insurance to cover any of our vehicles - bikes/cars/quads, if it has a motor...it's not covered.

shmike · 01-03-2010, 12:16 PM

Nope.

azoomm · 01-03-2010, 12:17 PM

Quote:

Originally Posted by lauralynne

double check your homeowners - ours will NOT cover vehicles with motors even stored in our garage, even the off road bikes. I have to have moto insurance to cover any of our vehicles - bikes/cars/quads, if it has a motor...it's not covered.

Yup. Homeowners insurance won't cover any vehicle that has wheels - there is usually a stipulation about vehicles that are being worked on and without wheels. Their idea is that if something happens it can be removed from the garage "easily". So, if it's on blocks with the wheels off - you're covered. Othewise, SOL.

Our track bikes are covered as assets to the business under my track policies.

Any of our street bikes have always only had the state required liability coverage.

Sean · 01-03-2010, 07:01 PM

Quote:

Originally Posted by azoomm

Yup. Homeowners insurance won't cover any vehicle that has wheels

Homeowners covered my bicycle when I drove over it with my truck

CasterTroy · 01-04-2010, 07:38 AM

Quote:

Originally Posted by azoomm

Homeowners insurance won't cover any vehicle that has wheels

FYI.... State farm makes you have a separate policy for anything with a motor and wheels.

If you have a race car, 4 wheeler, or race bike that does not see the road they have to have a separate policy or they're not covered under homeowners.

TYEster · 01-03-2010, 01:35 PM

Quote:

Originally Posted by lauralynne

double check your homeowners - ours will NOT cover vehicles with motors even stored in our garage, even the off road bikes. I have to have moto insurance to cover any of our vehicles - bikes/cars/quads, if it has a motor...it's not covered.

It's covered.

Sean · 01-03-2010, 11:10 AM

IIRC State Farm allows coverage for non-timed track events. Ditch the laptimer and you should be covered.

My track bikes are all street legal and I have full coverage on them, but I haven't had a crash on the track that required major repair.

Homeslice · 01-04-2010, 08:13 AM

I would never claim a crash on the track unless it was a street bike. If it's a track-only bike, I don't agree with claiming it because it just drives up costs for everyone. The purpose of giving you a break on "educational events" is so that you gain more experience so you're safer on the street. But if you're not riding on the street anymore, nobody benefits from your increased skill. I guess you could argue that you're making yourself a better track rider, but that's not what the company had in mind. On the track you're deliberately pressing your limits all the time, whereas on the street you might only do that 5-10% of the time. Big difference.

CasterTroy · 01-04-2010, 08:22 AM

You insure a track bike in the event of a fire, flood or theft....not due to crash

01-03-2010, 12:16 PM	#3
shmike Follower Join Date: Nov 2008 Posts: 5,549	Nope. __________________ Racing For Smiles

01-04-2010, 08:13 AM	#9
Homeslice Elitist Join Date: Nov 2008 Location: SF Bay Area Moto: Gix 750 Posts: 11,351	I would never claim a crash on the track unless it was a street bike. If it's a track-only bike, I don't agree with claiming it because it just drives up costs for everyone. The purpose of giving you a break on "educational events" is so that you gain more experience so you're safer on the street. But if you're not riding on the street anymore, nobody benefits from your increased skill. I guess you could argue that you're making yourself a better track rider, but that's not what the company had in mind. On the track you're deliberately pressing your limits all the time, whereas on the street you might only do that 5-10% of the time. Big difference. Last edited by Homeslice; 01-04-2010 at 08:17 AM..

01-04-2010, 08:22 AM	#10
CasterTroy ................ Join Date: Nov 2008 Location: NC Posts: 3,028	You insure a track bike in the event of a fire, flood or theft....not due to crash __________________ “Being tolerant does not mean that I share another one’s belief. But it does mean that I acknowledge another one’s right to believe, and obey, his own conscience.” Viktor Frankl

01-03-2010, 10:53 AM	#1
TYEster With MORE TYEstosterone Join Date: Dec 2008 Location: TX Moto: '12 KX450F / 08 YZ250F #512 / 07 KX65 #1 Posts: 1,429	The only thing that insures my "off-road" vehicle would be my home-owners ins in the event thieves get around my garage door and 15 hollow point rounds.

01-03-2010, 11:10 AM	#8
Sean giggity Join Date: Nov 2008 Location: socal Moto: street, sumo & dirty Posts: 1,071	IIRC State Farm allows coverage for non-timed track events. Ditch the laptimer and you should be covered. My track bikes are all street legal and I have full coverage on them, but I haven't had a crash on the track that required major repair.