What insurance companies really worry about is claims - especially
fraudulent claims.
The problem is that racing isn't a covered activity, but in many cases it's
impossible to tell if the damage was done while racing or not. If the
policy doesn't cover racing, but you file a claim it's insurance fraud - but
how does the company tell? (Come on, we all know someone who's damaged a
car racing and filed a claim on it.)
Companies are really cracking down on this stuff and it's just easier to
cancel someone they know participates in a non-covered (but legal) activity
than to hassle with it if they have a claim with no police report. Claims
drive rates and insurance fraud is a major problem. Even if you could prove
the group had better statistical collision rates, how would you get around
the fraudulent claims issue? It'd be tough and no company is going to be
willing to insure our cars while we're racing.
Carol Holt
Council of Motorsports Clubs
www.cmcrmr.com
-----Original Message-----
From: owner-autox@autox.team.net [mailto:owner-autox@autox.team.net]On
Behalf Of Dan Bettis
Sent: Saturday, March 09, 2002 8:52 AM
To: Dan Morency; AutoX
Subject: Re: re progressive insurance cancellations
Well maybe we should post all autox results in PDF form. That way it make
searching harder at least. They would have to actually so and look up the
names and then match them to there list, not search the names on there list.
It like they now do a credit check for insurance, I know a few people with
perfect driving records who got dropped because there credit was crap. I
like the last line there but the insurance companies will not do any
research to find if autox or people who race in general are safer. If they
did find we were safer it would not help us, they only worry about the
greater risk. I think if they really wanted to make people safer and lower
claims they would promote driver training more, like getting you a discount
on your rate if you took like the Mid-Ohio school they offer for teaching
you car control and what not.
Dan Bettis
danbettis@zrracing.com
http://www.predatormotorsport.com
http://www.zrracing.com
----- Original Message -----
From: "Dan Morency" <DMorency@gwi.net>
To: "AutoX" <autox@autox.team.net>
Sent: Friday, March 08, 2002 4:13 PM
Subject: re progressive insurance cancellations
> I've received 8-10 messages within a couple hours of my previous post. I'm
> waiting for more detail from the affected parties. Both received letters
> stating that their coverages were going to be cancelled due to the fact
that
> their names had been published on our web page autocross results.
>
> I'll keep the list posted upon further receipt of information. And to
those
> that have asked, I would also assume that if Progressive were to get a
hold
> of a printed listing of results they would take the same actions.
>
> I can understand writing an exclusion into a policy for timed events but
> without data indicating an increase in claims due to such events there is
no
> logical excuse. It would appear that one should take just the opposite
> stance, that those who attend and participate in such events should be
> better drivers, resulting in lower claims.
>
> Dan Morency
> President (until tomorrow)
>
> www.CumberlandMotorClub.com
>
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