'ring School for 2008?

[catchacab]

The issue with the insurance companies relates to the dollars at risk.  Historically, older cars (although many highly modified) were driven in PCA DE events.  Recently, late model high expensive models have been more prevalent at PCA DEs (GT3, Turbos, etc)  Add to this the increased costs to repair modern cars (designed to absorb impact forces to protect the occupants at the expense of damage to the car)  Additionally, as  the cars have gotten faster, damage due to incidents have gotten worse.  Put all this together, insurance dollars paid to repair and replace these vehicles has outpaced insurance company income from these same vehicles.  To unfairly raise premiums to all those who own high performance cars but not necessarily track them to make up for this expense, was a choice the insurance companies did not want to make.  To protect themselves they have excluded coverage for incidents on the track.

If we were all driving 1982 SCs on the track, we probably would not have come to this juncture.