I agree after looking into it more.
It has a 5% deductable that makes it affordable.
Gary
-----Original Message-----
From: RCCTrackers@yahoogroups.com [mailto:RCCTrackers@yahoogroups.com] On
Behalf Of Scott Mackler
Sent: Sunday, March 22, 2009 9:49 AM
To: RCCTrackers@yahoogroups.com
Subject: RE: [RCCTrackers] HPDE Single Event Insurance Coverage now
available
Not knowing what you looked at or what your concerns were, all I can say is
this did not raise any concerns w/me and in fact it looks pretty darn
attractive.
Scott
-----Original Message-----
From: RCCTrackers@yahoogroups.com [mailto:RCCTrackers@yahoogroups.com] On
Behalf Of gary@...
Sent: Saturday, March 21, 2009 8:45 PM
To: RCCTrackers@yahoogroups.com
Subject: Re: [RCCTrackers] HPDE Single Event Insurance Coverage now
available
Scott
I looked into this type of insurance from two other companies but always
stopped at the point that I could not figure out if they were legitimate or
not.
This would be great if they would pay off .
Gary
Sent from my Verizon Wireless BlackBerry
-----Original Message-----
From: "semackler" <smackler@...>
Date: Sun, 22 Mar 2009 00:34:04
To: <RCCTrackers@yahoogroups.com>
Subject: [RCCTrackers] HPDE Single Event Insurance Coverage now available
The BMW Car Club of America has announced a partnership with Lockton
Risk Services to provide a high-performance driving event insurance program,
delivering affordable insurance to the many BMW CCA enthusiasts involved in
performance driving events. The HPDE Insurance
Program provides an à la carte, single-event policy designed to provide
affordable physical damage coverage to vehicles used in BMW CCA
high-performance driving schools at race tracks across
the United States.
"Our performance driving members have expressed concern about exclusions
that they are seeing in standard auto policies," said Frank Patek, executive
director of BMW CCA. "Our driving-enthusiast
members have noticed a trend over the past few years: new exclusions being
added to their auto policies at renewal time. Many insurers eliminate
coverage while policyholders drive at race-track facilities.
We needed a solution to protect our members involved in our driving
schools."
That's where Lockton Affinity comes in. "Car enthusiasts have been asking
for an affordable means of insuring their vehicles at driving schools for
years," says Lockton Affinity's Ryan Staub, who is also Chief Instructor for
the Kansas City Chapter of BMW CCA. "Due to the growing need for a program
like this—and BMW CCA's excellent safety record at performance-driving
events—we were able to obtain
approval to offer coverage at a discounted rate to BMW CCA participants
attending BMW CCA events.
The discount is already `live' on our website. BMW CCA members just select a
BMW CCA event they want coverage for, and the discount is automatically
applied. '
The BMW CCA-endorsed HPDE Insurance Program, administered by Lockton Risk
Services, offers an agreed-value insurance policy providing primary coverage
for incidents in the paddock or on the racing
surface, whether the vehicle is being driven by the primary driver,
co-driver, or instructor. In addition, after-market modifications made to
vehicles are also covered, and any HPDE-related claims will not affect a
participant's street insurance rates or claims history. As for
affordability, you can purchase physical-damage coverage on a vehicle valued
at $20,000 for as little as $113. HPDE Insurance
Program policies are sold online and can be obtained in as little as five or
ten minutes;
see http://hpdeins.locktonaffinity.com/Default.aspx?cID=31
Not sure if WOODCHUCK damages are covered ;-)
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