Help! MX5 Owners Insurance (PeterJames) - no Trackday cover

Events Motorsport
1

Hi everyone, I’m looking to move over to the Owners Club favoured Peter James insurance, BUT they don’t cover trackdays.

I’m booked in for Blyton this year and would love to get a recommendation for a third party insurer. Basically Footman James cover me for £60… so any more than that and I’m not getting the benefit of moving.

Any recommendations greatly received!

Regards

Richard

2

try HERE

3

Hi,
Please feel free to give us a try for track day insurance if you wish.
Regards,
Dan.

4

I have never seen sperate insurance for as low as £60. I would get a quote from Morris, but I would think Footman will win out if you want to track.

5

Thanks everyone, I’ve looked at all the options suggested and unfortunately no one could get anywhere near Footman James on price at the moment.

I hope this is something that Peter James Insurance can look at introducing (even if its for MX5OC run events only) as there must be a number of members with the same problem… and like me, it’s a blocker from moving to an otherwise incredibly competitive quote from them.

6

It’s probably worth you expanding on the T&Cs of the Footman James trackday cover, just for others who may find this thread.

I’ve used this before with FJ, and previously it was an optional extension that allows either 1 or 3 trackdays to be covered in the UK, during the period of cover. Could you confirm what the £60 cost of extension permits for you?

I believe these were the conditions previously:
“Track Day 1 or 3 – This cover only applies to the proposer who must be at least 30 years old with previous track experience. The track day must be held in the UK and the track must be Motor Sports Association (MSA) approved with its own public liability insurance. Track Day events must be organised by a club or track day organiser. You are not covered for liability to other participants.”

Thanks,
Steve

7

Hi Steve, my £60 Footman James ‘trackday 1’ looks like it’s based on the following small print…

Cover Details:
This insurance covers your vehicle for accidental damage, fire and theft whilst you are participating in one Track Day in a policy year, at a Motor Sports Association (MSA) approved track that has its own Public Liability insurance in place.

Significant exclusions and limitations:

  • Cover is provided for UK Track Days only.
  • Cover is restricted to policyholder only and must be at least 30 years old and have previous track experience.
  • There is no cover for competition either against other participants or against the clock.
  • You are not covered for liability to other participants.
  • No Cover is provided for events not properly organised by a Club or Track Day Organiser.
  • No cover is provided for damage to the engine, gearbox and transmission following mechanical or electrical breakdown or failure.
  • The insurers indemnity is limited to a maximum of the value of the car, less the higher of the two excesses, or £50,000 whichever is less.

Excess:

  • 10% of the vehicle value as shown on the policy schedule or minimum excess of £1500.
  • In the event of a previous track day claim the excess applied for any subsequent events will be 20% of the vehicle value as shown on the policy schedule or minimum excess of £15000.
    For full terms and conditions please refer to your policy summary and policy wording.
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