The motorsport off-track and storage insurance program is designed to protect competition vehicles from physical damage losses due to fire, theft, trailer upset and most other physical damage claims. Other items that can be covered are spare parts, tools and equipment. Coverage is provided while the insured items are stored and transported to and from events and while in paddock or garage areas.
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Coverage is also available via the web. The website, www.motorsportsinsurance-kk.com, provides agents with the ability to quote and purchase coverage online and receive coverage documents immediately via email.
Eligible Operations for Motorsport Off-course Insurance and Motorsport Storage Insurance:
- Individual insurance
- Race team insurance
- Show car operation insurance
- Sanctioning body insurance
Coverages Available & Program Highlights:
Valuation of Loss Based on Agreed Amount of
Insured Property Rather Than Actual Cash Value
Coverage Extends to Competition Vehicle Under Own
Power for Incidental Movement
No Coinsurance
Expediting & Rental Expense Coverage Included
Flood and Earthquake Coverage While in Transit
Worldwide Coverage
Additional Products:
Auto/Shop Liability
Commercial Coverage For Race Teams
- Auto Liability
- Building
- Business Personal Property
- General Liability (Non-racing)
- Workers’ Compensation
Contingency/Prize Indemnity
Contractual Indemnity
Disability Income For Professional Crew Chiefs & Drivers
Employment Practices Liability
Excess Liability
Ocean Marine
On Track Crash Damage (for certain classes)
Racing Owners & Sponsors Liability
Participant Accident for Testing & Tuning
Workers’ Compensation