new nurburgring insurance

[mr. bop]

Just spotted this over on piston heads. £99 for 8 laps over one day with £300 excess.

Nürburgring Car Storage, Servicing and Race Training - Insurance

the details:

Nurburgring Insurance

The Nürburgring, simply known as "The Ring" by enthusiasts, and can be classed as a normal road in Germany, or a motorsport race track, depending on whom you speak to. It is open to anyone with a road legal car or motorcycle and also a few euro in their pocket to pay for the road toll. Like all roads or race tracks throughout the world accidents occur, people can be injured and property is damaged.

However, gone are the days when Ring related insurance claims are settled when containing accident statements like; the accident happened on the long and twisty road between Nürburg and Adenau.

Most insurance companies are now fully aware of the Ring and standard automotive and accident insurance policies’ simply do not provide cover whilst driving on this Public tourist toll road, also referred to as the Northloop, Nordschleife or more imaginatively the Green Hell.

Plain English Summary of the insurance

This is a summary of the policy only; it does not form part of the contract between you and the insurance company. For full details please refer to the policy document, a copy of which will be supplied if you have purchased a policy.

Who provides the cover?

Allianz Versicherungs-AG

What is covered?

Public liability insurance with an insurance policy's coverage of 10,000 euro per accident event

following material damage to the track Nürburgring : (Northloop / Nordschleife section only).

• Crash barriers, including tyre barriers
  
• Fences
  
• Road surfaces
  
• Green spaces
  
• Road cleaning caused by leaking liquids
  
• Towing cost (to a maximum of 300 euro)
  

Personal Accident

• Death 30,000 euro
  
• Rescue costs 10,000 euro (air ambulance or special rescue situations)
  

Subject to acceptance criteria you can take out a policy as long as:

• You are aged 23 years or over
  
• You have held a valid full driving licence for at least 3 years
  
• You have a valid national identity card or passport
  
• Your vehicle is registered in a country outside of German
  
• Your vehicle is inspected at an approved garage (additional fees are payable here)
  
• Your driver details are checked out
  
• You do not participate in Racing
  

This policy is only available via brokers or agents whom Allianz agree to trade with, in the country of Germany and so is subject to German law in all circumstances.

How long does the cover last?

The policy lasts for one day per driver and vehicle for a maximum of 8 laps.

Significant or Unusual Exclusions and Limitations

Your policy contains significant or unusual exclusions and limitations. There may be other exclusions in the policy that are significant to you so please ensure that you read the policy documentation and any other documentation carefully.

You will have to pay the first 300 euro of any claim made for Public liability.

For all other claims you will pay no excess.

What happens if I want to cancel?

You may cancel the policy. There is no refund payable.

How do I notify a claim?

The policy holder reports immediately afterwards the required information to either:-

Thorsten Güth

Versicherungskaufmann IHK

Allianz Hauptvertreter in

der Generalvertretung Friedrich Schmitt

Hauptstr. 4

53518 Adenau, Germany

Tel: 02691-3948

Fax: 02691-640

Mobile: 0151-10620909

Or

Ken Harris

Nurburgmotorsport UG

Quiddelbach 53518, Hauptstr. 29 Germany

Tel: +49 (0)2691/933530

Mobile: +49 (0)1719106295

What is the price of the Policy?

The premium is £99 payable in advance, including local tax. Please note payment via credit card, debt card and the new eRing card are not currently taken. Payment can be made in euro or sterling.

Where can I purchase the Policy?

Nurburgmotorsport UG Quiddelbach 53518, Hauptstr. 29 Germany

Contact Ken Harris Mobile : +49 1719106295 Email : [email protected] This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Nurburgmotorsport can provide all the aspects needed for having an enjoyable and safe stay at the Nürburgring. From travel booking, airport pickups, accommodation, servicing and repair, Race Car Building, Race Team Management, Race / Driver training, not to mention the cars i.e. store your own in our secure compound or rent brand new cars and motorcycles.

[andy2407]

So no cover for your vehicle or any other vehicle that you may crash with?

[mr. bop]

well seeing as OCTAVIA VRS had a crash there and that cost him €2600 as well as the repair to his car id say this sound like a good idea.

[andy2407]

I'm not suggesting its not a good idea - just want to make sure people go into it with their eyes open.

There is a comprehensive list of what is covered, but so many people don't read the small print these days, so IMHO they need to be aware of what isn't covered too.

[devonutopia]

This is BS in my opinion. Been discussed on northloop and it's basically barrier insurance and does not cover any vehicles or third parties. :thumbdwn:

Also, it's damn expensive!

[Octavia Vrs!]

Considering the cost of the barriers, recovery, clearing debris from track and bonding agents to cover fluid spills this is a bargain and I wish I'd known about it. My bill was a relativly small one as in some crashes the vehicles hit the LHS barrier, then the RHS then bounce back again into the LHS. The record repair bill was just over 20,000 euros. So being covered for 10,000 is good.

Don't forget probably the most important part in the insurance

Personal Accident

Rescue costs 10,000 euro (air ambulance or special rescue situations)

Put it this way, if somebody came up to me and offered me 99 quid if I agreed to pay any bills which occured upto this level of insurance I'd say no, I'm sure you'd say no - so how can people say this is expensive. :eek:

[chicken_eyebrow]

Saw this in the Octy I forum at the start of the week.

I agree that £99 for barrier insurance is a good idea although I think £99 for 2 days / or a weekend rather than 1 day only would be more reasonable. If you take the policy out for a Friday evening and someone goes out as soon as the track opens, has a really bad off and closes it for the evening then you've just kissed goodbye to £99.

If it doesn't cover you for damage to other cars then you are still well and truly f**ked if something happens and it's your fault. Your UK motor insurance have to pay out for any third party damages according to EU law but they have wording in their contracts that basically states if they're forced into such a payout, and you are breaking the T&Cs of your policy (which you are if you're driving on the Ring and they've excluded it in the policy) then they can take you to court to reclaim those third party costs back... and that could be the cost of a written off Veyron :eek: