Insurance for DE

[Phokaioglaukos]

I do not have track insurance (I use State Farm which does not (yet) exclude DE) because the deductible is so high, but if I were to get it the first place I would call is: Fetterman Millinghausen & McNutt, Inc. and ask for Louis A. Millinghausen, Jr. Lou is very active in the Delaware Valley BMW Club and is a good guy. Here is his contact info and his description of how track policies work:

Fetterman, Millinghausen & McNutt, Inc.

1811 Bethlehem Pike, Suite 215

Flourtown, Pa. 19031-1111

Phone 215-233-3500
Fax 215-233-2188

Email: lmillinghausen@fmminsurance.com

 

Here are some details:

The coverage will not apply for your every day use of the vehicle, so you will need to keep your family automobile policy for that.

The annual premium is .015 X the value of the car.

Example: 1989 E30 M3, valued at $12,000 X .015 = $180.00 Annual Premium

The premium is not affected by the number of events that you do in a year.

 There is a deductible of $1,000 that applies if the damage occurs in storage, transit or in the paddock. The deductible for damage that may occur "On Track" is 20% of the value that you set for the vehicle.