Originally Posted by
I-Like-To-Bike
That sounds like driving on a race track, not driving/participating in a car race. $110,000 property damage coverage sounds like liability insurance for property damage you cause to others, rather than insuring your own vehicle. Is that correct?
Attached is a picture of me on my bicycle at the Hockenheim, Germany F1 race track. I got to ride my bike on the track that day but was NOT participating in a bike or F1 race. No special insurance was required.
High Performance Driving Education("HPDE"), which I do, isn't a race; its just an opportunity to drive your car fast on the track, and hopefully learn to drive it better. While it's not timed, and allegedly non-competitive, there is a competitive aspect to it.
There is insurance for competitive events. Both of the companies I've used, Haggerty and Lockton write coverage for time trials, which are races just not head to head.
For a large enough premium and high enough deductible you can get insurance covering property damage occurring during a race.
Motorsports & Racing Insurance Coverage : Chizmark & Larson Insurance Agency Motorsports
And the $110,000 covered property damage to my car, based upon its value at the time.