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Insurance

To: vintage-race@autox.team.net
Subject: Insurance
From: Alfred <alfred@ajkco.com>
Date: Thu, 01 Jun 2000 07:19:33 -0400
Marty-

Its been a few years since I wondered the same thing, and what I learned
was that, as with anything (read Lloyds of London) you can insure a race
car on the track... but the price of doing so is prohibitive for most... If
I recall I had an estimate to insure my Lotus 23B of something like $20,000
per event... I think the rule of thumb for the kind of racing we do and the
kinds of cars was something like 25% of the value of the car per event. I
also remember, unless I dreamed it, in which case I have to worry about the
quality of my dreams, learning that such insurance is sold to some
professional race teams for whom the loss of a car might be catastrophic to
the business.

-A

What?  Is this really me talking about insurance?  Yuk!

http://webgrafex.com/pridmorefund/index.html

>What I would like to know is there any company willing to insure
>vintage racing machinery for damage incurred during practice or actual
>racing?  Anybody got any leads on this?
>
>Regards,
>Marty Hutto
>
>



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