Motorsport Race Team Insurance

Motorsports Race Teams Insurance in California and 30 other States

Race Teams

Race teams have unique Insurance needs. K2 Insurance understands your exposures and has a variety of insurance products to cover every facet of your team. From your shop location to in-transit cross country as well as coverage in the Pits for your Competition vehicle. Coverage for anything associated with a race team is available.

Policy form specific to the MOTORSPORTS industry written by A Rated companies.

• Race Shop
• Tools & Equipment
• Transit Rigs
• Commercial Auto
• Racing Association
• Owners and Sponsors
• Rider Event Liability
• Directors & Officers
• Competition Vehicles & Parts
• Show Cars

Liability on Premises and away from Shop – Limits from $1,000,000 to $10,000,000.

• Products Coverage
• Spectator Liability
• Garage Keepers
• Crime
• Workers Compensation
• Excess Liability
• Buildings
• Business Property
• Spectator Liability
• Electronic Media
• Inland Marine Coverage
• Employee Benefits

COVERAGES

General Liability

• Comprehensive General Liability – limits to $1M each occurrence/$3M aggregate
• Employee Benefits Liability
• Coverage for emergency medical personnel
• Errors & Omissions coverage for Race Officials available
• Participant Legal Liability included available
• Primary coverage for self-promoted events

Umbrella/Excess Liability

Large Excess Limits available

Property

• Race cars and equipment insured under Inland Marine while off-track
• Blanket coverage available for buildings ,personal property, and business income
• Ultimate Coverage – broad proprietary property coverage form including Flood and Earthquake

Automobile

• Owned/non-owned/hired auto
• Rental reimbursement
• Web-based Auto ID card issuance
• Online defensive driving workshop

Crime and Fidelity

• Employee Theft
• Forgery or Alteration
• Theft, Disappearance, and Destruction

Directors & Officers Liability

• Defense costs for claims seeking non-monetary relief
• Most favorable venue wording for punitive, multiple, or exemplary damages
• Broad definition of Employment Practices Wrongful Act