A huge swollen Knee that made me unable to walk for 2 months, Internal bleeding in my right hand, a scraped elbow, and a temporary shock that made me unable to move immediately. This is what happened when I crashed.
The very nature of our sport has been risky and it always will be whether for me or you. We all can be in a bad crash.
If you're reading this blog, you already know the risks involved. But do you know the practices that can further mitigate these risks?
Track days are not risk-free, and accidents can happen. That's where motorcycle track day insurance comes in. In this blog post, we will explain motorcycle track day insurance, why you may need it, and how to find the best policy for your needs.
What you'll learn:
What is Motorcycle Track Day Insurance?
Motorcycle track day insurance is a special type of insurance that covers you and your bike when you ride on a racetrack. It can help you pay for the damage or injury that may happen on the track. It is different from regular motorcycle insurance, which may not cover you for track activities. Track-day insurance is not mandatory, but it is recommended if you ride frequently and you don't settle for anything less than P1 since you push harder and harder.
Why you should get one
We know very well that this is a risky sport and the chances of a crash are never zero. If you are a one-time track rider you probably won't need insurance but none of us visit the track just once and we push ourselves harder every session which makes it all the more important to get insurance.
Using myself for example I never thought I would crash on the track I've gone so many times smoothly yet it happened. Not only was I injured but my motorcycle was damaged too with the gear shift lever and handlebar bent inwards and a huge scratch on the side.
This was a rental motorcycle and luckily the track day fees to the organizers covered the damage costs in case of an accident. But what if it was my motorcycle or the track day organizers never covered the damages in case of an accident? It would be an absolute nightmare.
As someone who frequently tries to get as much time on track the time these risks also get higher. If MotoGP riders crash, we can't call ourselves crash-proof. Track day insurance might be a bit costly but if you can find a provider in your country try to get it on your priority list.
Paying for insurance monthly would be a burden on our wallets but think of the horrific costs in case an accident does occur. The huge damages to your motorcycle, The massive hospital bills in case of serious injury to you, and reparating a rider whose motorcycle you accidentally damaged in the crash.
This is why you should get insurance. for the last thing you need as a rider is stress and tension about such things that will plague and occupy your mind we know that anxiety and thoughts will only impair your performance on the track even if an accident hasn't occurred and ironically, when your performance goes down you might be likelier to get into an accident since your head isn't in the game!
How to pick the best one specifically for you
- The frequency and type of track events you participate in. If you only do one or two track days a year, you might be able to get coverage from the event organizer or your standard insurer, if they allow it. However, if you do more frequent or competitive track events, you might need a specialty insurer that offers more comprehensive and flexible coverage for track riding.
- The value and condition of your bike. If you have a cheap or old bike that you don't mind getting damaged or replaced, you might not need track day insurance at all. However, if you have an expensive or new bike that you want to protect, track day insurance can save you from paying hefty repair or replacement costs out of your pocket.
- The coverage and exclusions of the policy. Track day insurance policies vary in terms of what they cover and what they exclude. Some common coverage options include physical damage, personal injury, theft, towing, and international events. Some common exclusions include third-party liability, wear and tear, mechanical breakdown, and racing or timed events. Make sure you read the policy details carefully and understand what is covered and what is not before you buy.
- The cost and excess of the policy. Track day insurance can be quite expensive compared to regular motorcycle insurance, depending on the level of coverage and the risk involved. You might also have to pay a high excess (the amount you have to pay before the insurer pays the rest) in case of a claim. You should compare different quotes from different providers and see what suits your budget and needs best.
Motorcycle track day insurance can give you peace of mind and protection when you enjoy your passion on the track. However, it is not a legal requirement and it is not a substitute for safe and responsible riding. Always follow the rules and regulations of the track, wear proper protective gear, and ride within your limits.
Motorcycle Track day Insurance Providers
Please note that the availability of these services can change and this is not an exhaustive list of providers. It’s always a good idea to check with the provider for the most current information. Also, remember to carefully review any insurance policy to make sure it provides the coverage you need.
Conclusion
Motorcycle track day insurance is a smart choice for riders who want to enjoy the thrill of the track without worrying about the cost of repairs or injuries.
Track day insurance can cover your bike for collision damage, theft, transport, and international events, depending on the provider and policy you choose.
However, many track day insurance does not cover third-party liability (If they do it's an excellent bonus), which means you are responsible for any damage or injury you cause to others on the track. Therefore, you should always ride responsibly and within your limits, and follow the rules and safety guidelines of the track day organizer.
If you have any questions or suggestions or like to see any topics covered next tell us in the comments. Check out our related posts which will arm you for your track day below👇
Do you have a Motorcycle Track Day Insurance? What are your thoughts on it?
Faster. Better. Safer.
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