Insurance Companies Close Track Day and Training Loopholes

I’m willing to wager that a fair percentage of TTAC’s Best and Brightest take their cherished whip to the race track every now and then to drive the car as God and his engineers intended. If so, be warned: your car insurance may no be on the hook should something untoward– or straight toward– occurs. The New York Times reports that insurers have closed the loophole that defined certain types of racing as a “timed event.” The fix is in; you’re liable. For some weekend warriors, it’s a bridge too far: “Chris Soignier of Austin, Tex., will not be taking his Porsche Cayman to the track, which he had done with his previous cars. When he read his renewal notice from Progressive Insurance last November, he found that the Cayman was not covered on the track. I don’t feel like I’m that much at risk, but the magnitude of the loss is too great for me to be comfortable,’ he said. For other motorized Walter Mittys, ignorance is a bliss balloon destined to pop. “Jerry Kunzman, executive director of the National Auto Sport Association, said: ‘Maybe 25 or 30 percent have done the research, the middle third just assumes they are covered, and the top third just don’t have a clue.'” Maybe the tracks should educate their customers on this issue. Just sayin’.