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Motorsport Race Team and Race Shop Insurance

Motorsport Race Team and Race Shop Insurance
Race Teams:  Commercial property & casualty coverage for race team operations. Workers’ compensation available.
 
Race Owners & Sponsors Liability:  Contingent racing liability for the race team owner, sponsor or driver.
 
Off-course & Storage:  Protects competition vehicles, trailers, spare parts, tools and racing equipment from physical damage losses due to fire, theft, trailer upset and other physical damage claims.
 
Click to view a short video that explains products and services
 
Eligible Operations for Motorsport Race Team Insurance and Motorsport Race Shop Insurance:
- Driver insurance
- Racing service and repair
- Race shop insurance
  shop insurance
- Race team insurance
- Show car exhibition insurance
- Racing association insurance
- Sponsor insurance
 
Coverages Available & Program Highlights:
Race Teams
General Liability
- Liability Provided While Away From Premises
- Incidental Products Coverage for Promotional
  Operations/Souvenir Sales
 
Business Auto Including Transporters
 
Building & Business Personal Property
 
Broadened Coverage Enhancement for Property
 
Business Income and Extra Expense
 
Crime
 
Electronic Data Processing
 
Excess Liability
 
Garagekeepers
 
Workers’ Compensation
 
Racing Owners & Sponsors
General Liability
- Premises Liability
- Legal Liability to Participants
- No Bodily Injury Deductible
- Incidental Products Coverage
- Testing Sessions Included
 
Off-Course & Storage
Written on Admitted Basis in All States
(no surplus lines fees or taxes)
 
Valuation of Loss Based on Agreed Value of Insured
Property Rather Than Actual Cash Value
 
Coverage Extends to Competition Vehicle Under Own
Power for Incidental Movement
 
No Coinsurance
 
Expediting & Rental Expense Coverage Included
 
Flood and Earthquake Coverage While in Transit
 
Worldwide Coverage Available
 
Additional Products:
Auto/Shop Liability
 
Contingency/Prize Indemnity
 
Contractual Indemnity
 
Disability Income For Crew Chiefs & Drivers
 
Employment Practices Liability
 
Excess
 
Ocean Marine
  
Participant Accident for Medical Testing
 
Products Liability
 
Workers’ Compensation
States AvailableAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Provider TypeManaging General Underwriter
AdmittedAll Available States
CarriersMultiple
Carrier RatingsInsurance carriers rated "A" or higher by A.M. Best
Commission
Min PremiumRace Teams - $500 Minimum Premium; Owners & Sponsors - $1,500 Minimum Premium



Coverages

Race Shops General Liability Insurance
Race Teams and Shops Insurance
Race Teams General Liability Insurance
Racing Teams Insurance


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