HPDE Insurance
Definitely not. It's Teamsters Local 14. Been that way for as long as I've had it. The only thing about it related to ACA is it's my dad's policy, and I am legally able to stay on it until I'm 26 due to the ACA. So since it does not change my dad's premium for me to be on it, he let me stay on the policy. I just have to pay my own copays and deductibles for any claims I have..
i'm not expert, but i do work in health care. i really think it may be illegal to deny an injury claim because of how it happened.
From Lockton:
"This insurance policy provides physical damage coverage for your automobile while you are participating in a High-Performance Driver's Education event. This physical damage coverage will begin when you enter the grounds of a race course and end when you leave the race course premises. Liability coverage is not included in this policy."
I swear the internet is so full of noise these days.
GET OFF MY LAWN!
It's the same as your auto insurance not covering you tossing your car into the wall at the track if it's spelled out in the policy. Why would you think it would illegal?
as a couple of us have said: we've never heard of anyone being denied, so we're stumped. since it's something most of us have never dealt with, i honestly don't know how it works and am only speculating.
because the gov't is FAR more involved in how health care is administered. you wouldn't believe some of the silly things we have to do and can't do because of policy. it's heavily regulated, especially if you were in CA.
as a couple of us have said: we've never heard of anyone being denied, so we're stumped. since it's something most of us have never dealt with, i honestly don't know how it works and am only speculating.
as a couple of us have said: we've never heard of anyone being denied, so we're stumped. since it's something most of us have never dealt with, i honestly don't know how it works and am only speculating.
It also could be different since its a privately written policy through a labor union, its not a commercially available product. And I can say without a doubt that NV law is from different from Cali law. How, idk, but I'm sure there is less regulation..
I had a full reply typed up, but I somehow lost it when my connection went down. 
Anyway, just be warned that health insurance companies occasionally do specifically exclude coverage for timed racing events.
There are insurance companies that offer medical accident coverage tailored for timed racing events, for example: http://ridersurance.com/
So the moral of the story is to read your fine print. It's cheaper for a health insurance company to spend $10K on lawyer fees to deny your claim than to pay for $400K of medical care, which means they'll probably do that if they can get away with it.
I'm not sure how the ACA deals with these exclusions, but the Ridersurance website above claims that the ACA doesn't prohibit healthy insurers from denying claims by context.
I've known several people to have very serious motocross-related injuries at sanctioned racing events, and not one of their claims was denied by insurance. But the possibility is there.
So YMMV, but be absolutely sure to read the fine print in your specific policy.
Anyway, just be warned that health insurance companies occasionally do specifically exclude coverage for timed racing events.
There are insurance companies that offer medical accident coverage tailored for timed racing events, for example: http://ridersurance.com/
So the moral of the story is to read your fine print. It's cheaper for a health insurance company to spend $10K on lawyer fees to deny your claim than to pay for $400K of medical care, which means they'll probably do that if they can get away with it.
I'm not sure how the ACA deals with these exclusions, but the Ridersurance website above claims that the ACA doesn't prohibit healthy insurers from denying claims by context.
I've known several people to have very serious motocross-related injuries at sanctioned racing events, and not one of their claims was denied by insurance. But the possibility is there.
So YMMV, but be absolutely sure to read the fine print in your specific policy.
Newbie
Joined: Jun 2006
Posts: 67
Likes: 0
From: Atlanta, GA
If you do HPDEs and are not comfortable with the thought of losing the funds invested in the car, definitely get track/hpde insurance!!
The way I view my car: If and when I put it in the wall hard, oh well! Sucks for me! Bang out what I can or part out to make some money back but pretty much just write it off.
The way I view my car: If and when I put it in the wall hard, oh well! Sucks for me! Bang out what I can or part out to make some money back but pretty much just write it off.
Yeah I've been doing DE's for several years now, and as I invest more and more in the car, and really start pushing myself it's been on my mind.
Typically on the fast straights of any track, I'll lift early just to give myself a little safety room if the brakes aren't there… but the more I drive on tracks I know, the harder I want to push… so just a good piece of mind knowing the only thing I have to worry about, is myself.
Typically on the fast straights of any track, I'll lift early just to give myself a little safety room if the brakes aren't there… but the more I drive on tracks I know, the harder I want to push… so just a good piece of mind knowing the only thing I have to worry about, is myself.
Yeah I've been doing DE's for several years now, and as I invest more and more in the car, and really start pushing myself it's been on my mind.
Typically on the fast straights of any track, I'll lift early just to give myself a little safety room if the brakes aren't there… but the more I drive on tracks I know, the harder I want to push… so just a good piece of mind knowing the only thing I have to worry about, is myself.
Typically on the fast straights of any track, I'll lift early just to give myself a little safety room if the brakes aren't there… but the more I drive on tracks I know, the harder I want to push… so just a good piece of mind knowing the only thing I have to worry about, is myself.
Are you using a neck restraint?
Technically HPDE isn't a timed event, it's considered a driving school through my insurance. Of course if you rent a transponder and there is a record of your times then that's null and void. I wonder if that would be a loophole to got health insurance coverage. LOL
According to ISO, everything from Part A to D (Liability, Medical payments, UM/UIM, Physical damage) has an exclusion clause for liability/damages "sustained while 'occupying' any vehicle located inside a facility designed for racing, for the purpose of:
A. Competing in; or
B. Practicing or preparing for;
any prearranged or organized racing or speed contest."
So, yes, technically HPDEs would be covered. Does that mean you should file a claim with your insurer if you flip your car at the track? Probably not. Yea, the company might eventually pay, but the chances of the company declining to renew are high. At that point, good luck finding affordable coverage that's half decent.
On the flip side, the policy language creates an opportunity for insurers to deny claims that occur to any vehicle at the track where a competition is taking place. Well, we all know that HPDEs share the track/facility with TT and wheel-to-wheel racing.
Makes me wonder.. is the "for the purpose of competing in... racing or speed contest" part referring to the vehicle or the facility? Hmm
Last edited by bluedub1; Mar 31, 2015 at 12:54 PM.
I've used Lockton when doing HPDE but didn't wreck my car. However my friend also used Lockton and did total his 302 Boss Mustang at an event. They paid out his insured amount completely, and he said it was fairly straightforward. He used the money and bought a C6. So they do at least pay out some of the time 
I've used Lockton when doing HPDE but didn't wreck my car. However my friend also used Lockton and did total his 302 Boss Mustang at an event. They paid out his insured amount completely, and he said it was fairly straightforward. He used the money and bought a C6. So they do at least pay out some of the time
If you damage or total the car, Lockton will pay out AFTER you pay your deductible, which is usually 10% of the stated value. So your deductible on a $32,000 value is $3200.
So if you total your car, you would walk away after paying $3200 deductible, and of course whatever you already payed for the coverage for the day.
Also, Liability coverage is not included . So don't take anybody out on your way off the track.
Other supplemental coverages are:
$1,000 in towing/storage
$500 in rental car reimbursement
$10,000 Pollutant Cleanup and Removal
Last edited by razorlab; Apr 6, 2015 at 04:14 PM.
Just so people know, the way Lockton works is that you pay a fee based on value for the coverage. A $32,000 car is approx $220 for the day of coverage.
If you damage or total the car, Lockton will pay out AFTER you pay your deductible, which is usually 10% of the stated value. So your deductible on a $32,000 value is $3200.
So if you total your car, you would walk away after paying $3200 deductible, and of course whatever you already payed for the coverage for the day.
Also, Liability coverage is not included . So don't take anybody out on your way off the track.
Other supplemental coverages are:
$1,000 in towing/storage
$500 in rental car reimbursement
$10,000 Pollutant Cleanup and Removal
If you damage or total the car, Lockton will pay out AFTER you pay your deductible, which is usually 10% of the stated value. So your deductible on a $32,000 value is $3200.
So if you total your car, you would walk away after paying $3200 deductible, and of course whatever you already payed for the coverage for the day.
Also, Liability coverage is not included . So don't take anybody out on your way off the track.
Other supplemental coverages are:
$1,000 in towing/storage
$500 in rental car reimbursement
$10,000 Pollutant Cleanup and Removal
Do they set the value, or do you? One could easily make it "zero deductible" by overstating value by 10%...