For those of you that ride on track only
 

For those of you that only ride on the track, do you insure your bike?

I ride both but have a dedicated track bike that I do not have insured.

I've talked to my insurance company about track bike insurance....and they said that they could place it under the kind of policy they have for 4-wheelers......where they assign a value for theft only, but damage at the track would not be covered. This is State Farm BTW, and the bikes I've asked about were ones I couldn't get a title for or were salvage titles.

One track org up here classifies themselves as a school so Ihave heard you could get money back if you crashed because its instructional. Never realy looked into it though.

interesting

You can't insure a track bike here (even for theft only).

My bike is both street and track and I carry full insurance.

I've heard this as well. And that if you do go down on a "track day" just tell them it was a school. Don't know if it is true or not. I have full coverage insurance and just pray I don't go down.

What he said... I don't insure my race bike
Also correct...

If you do track days with your street bike, your insurance agent will PROBABLY tell you that you're covered if something happens if you use the educational, non-competitive environment approach. It doesn't have to be labeled as a school. The organization I work for explicitly says that we're not due to liability reasons, but our customers haven't had any problems that I know of with insurance after a mishap..... but absolutely consult with your agent to find out for sure as everyone's insurance carriers are different.

Now if you're only doing track days with a dedicated track bike, you MIGHT get away with doing the same, but again, you'd really have to consult your agent.

Me, I don't bother, as I said. I pitched my SV down at over 100mph early in the season & repaired it outta pocket. If I insured it and claimed damage, I'd probably be paying a LOT more in premiums than I do in repairs at this point.

Since technically I dont ride street anymore, I figured I might chime in. I keep mine insured, and while I paid for my repairs out of pocket when I crashed, most of my buddies claim "educational" course and the insurance companies pay out for their repairs.

That is making less sense by the minute...lol Track orgs make you sign a wavier that you are not responsible for anyone else's bike, nor their person. So..if you're not claiming it on your insurance, then why cover it?