Announcement

Collapse
No announcement yet.

Racing and insurance... Who covers what?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Racing and insurance... Who covers what?

    The issue of insurance and accident coverage comes up from time to time.
    I am personally guilty of putting my head in the sand and hoping everything will be alright. This doesn't work for everyone though.

    There are plenty of stories of injuries that were not covered.

    Who can tell us about the coverage they do have?
    What is covered and do we know of cases where it has been used successfully.

    Do people get just medical?
    Do you get income protection?
    What if your bike is written off in a racing incident?

    Insurance companies to call or brokers to use. Any light shed on this would be helpful I think.
    IMO OZX

    Warning: Mountain Bikes will steal your weekends

  • #2
    I have tried to get income protection but I couldnt find anyone that will cover you if your racing. Thought about getting the insurance anyway but if you leave the track in an ambo theres no chance you can claim.
    YZ250 TS 07, 10
    WR400 00
    WR250 TS 97
    Husky 260 TS 92

    Comment


    • #3
      I am guilty of doing the old head in the sand thing to Kelv, I really should check what my cover is.

      I do have private and ambo cover, but racing is another matter.
      2018 Beta 300RR Racing

      Comment


      • #4
        insurance

        Try a mob called Combined insurance.

        Comment


        • #5
          Originally posted by ggraham View Post
          Try a mob called Combined insurance.
          I have recently spoke to a combined ins lass, and she rekons they are the only ins company that duz high risk dirtbike cover.
          My missus was dubious so i didn't sign up.. But I'm gunna get the lass to sit down and explain it all to me missus. (my missus is a ball breaker and is suss of any door to door ins company) they don't advertise and are word of mouth or pass on to ya mate's kinda advert..

          Check it out and post back you findings.

          http://www.combinedinsurance.com/ins...sics/faqs.html
          --
          "I did not hit you! - I simply high fived your face"

          Comment


          • #6
            Originally posted by ggraham View Post
            Try a mob called Combined insurance.
            Yep thats them they will insure you as they insure me, Pricey stuff but.

            Comment


            • #7
              Originally posted by ktm400 View Post
              I have recently spoke to a combined ins lass, and she rekons they are the only ins company that duz high risk dirtbike cover.
              My missus was dubious so i didn't sign up.. But I'm gunna get the lass to sit down and explain it all to me missus. (my missus is a ball breaker and is suss of any door to door ins company) they don't advertise and are word of mouth or pass on to ya mate's kinda advert..

              Check it out and post back you findings.

              http://www.combinedinsurance.com/ins...sics/faqs.html
              They insured me and i needed to make a claim a few years ago. No problems at all. It is exy though but would recommend it to anyone who is self employed etc or doesnt have much sick leave.
              Sent from my computer using a keyboard

              60% of the time it works everytime


              Comment


              • #8
                My wife increased my Life Insurance as soon as I started racing, we made sure we told the insurance company that I raced once a month and had it listed on the policy. Apart from that we have private health insurance, but i dont have income protection yet, I will sort that out shortly.

                My bike has full comp insurance, but as you know the bikes are pretty tough, so it would have t be a big stack to try and claim it on insurance - and I would probably be dead anyway , so the missus would just cash in the Life Policy
                2014 KTM 350XCF!psm

                Comment


                • #9
                  Does your private health cover you for anything, including racing?

                  Comment


                  • #10
                    i have "combined insurance" cost me 1400 for year , and covers for racing all good
                    (they think im slow eh?, but im just Canadian eh? so take off eh!) ^roost BACK OFF, ive only got one femur!!!

                    Comment


                    • #11
                      Blah blah blah

                      I too am using Combined insurance.

                      They're the only ones that would cover me for everything I do. Including racing motorcycles.

                      I made a claim recently, after crashing the Kato, and everything went super smooth.

                      Maybe if I give some of you guys the figures you'll hurry up and get some cover >>> Through both TAC and Combined Insurance, I claimed approx. $9800 ($4500 Combined Ins. and $5300 from TAC) for 6 weeks off work. Now that's peace of mind folks. Don't chance it. Get some cover you crazy guys.

                      TAC (In Vic) won't cover you while racing, so don't expect low premiums and high payouts just by using Combined Insurance alone though. It covers you enough to just keep the wolf from the door when you're out of action. I think it's $550 a week max for income protection plus a $2000 lump sum as soon as you break a limb (Major fracture).

                      If I was an insurance company I'd never insure me or most of you reading this. Pretty high risk business.
                      '08 KTM 530 EXC-SMotard
                      '13 KTM 300 SX-W

                      Either write something worth reading or do something worth writing.

                      Comment


                      • #12
                        Hoobz,was your accident while trail riding or racing?
                        I think Kiera,s experience bought it a little closer to who would, or would not cover medicals in a racing incident.
                        And by memory it was all out of pocket.
                        This part scares me.

                        Comment


                        • #13
                          Originally posted by ROBKTM View Post
                          Hoobz,was your accident while trail riding or racing?
                          I think Kiera,s experience bought it a little closer to who would, or would not cover medicals in a racing incident.
                          And by memory it was all out of pocket.
                          This part scares me.
                          It happened during a trailride.

                          Combined does cover you while racing, but you only get a $2000 lumpsum payment for a major fracture and $550 (or something like that) per week of income lost. For me there is a 7 day waiting period too. I think I got the top policy but I will check that. There are three different policies you can get. You have to pay your own medical expenses out of the $2000 lump sum and $550 per week.

                          When I say you 'only get' >>> It's much, much better than nothing.

                          Still, I'm not sure I want to race much anymore and just be able to claim from Combined. You can trailride hard and have both TAC and Combined helping out if you go on unexpected injury holidays. And TAC is the best thing since KTM's. That part of your rego goes a loooonnnnggg way to loss of income, medical expenses and any rehab needed. TAC is best.
                          '08 KTM 530 EXC-SMotard
                          '13 KTM 300 SX-W

                          Either write something worth reading or do something worth writing.

                          Comment


                          • #14
                            Originally posted by Hoobz View Post
                            It happened during a trailride.

                            Combined does cover you while racing, but you only get a $2000 lumpsum payment for a major fracture and $550 (or something like that) per week of income lost. For me there is a 7 day waiting period too. I think I got the top policy but I will check that. There are three different policies you can get. You have to pay your own medical expenses out of the $2000 lump sum and $550 per week.
                            Compared to all medical and 80%? wages with TAC and your private health thats not great coverage, what you gonna do with 2k and 500 a week?

                            Common bike injuries like; knee, shoulder and serious break needing surgery would all exceed those dollars i would imagine?

                            Comment


                            • #15
                              Originally posted by bluerider View Post
                              They insured me and i needed to make a claim a few years ago. No problems at all. It is exy though but would recommend it to anyone who is self employed etc or doesnt have much sick leave.
                              I have no insurance, and we dont get TAC in NSW either.....
                              but i am lucky enough to have a job where i get a fair bit of sick leave and can work on light duties while recovering from most injuries......
                              My recent broken arm i only took 4 days sick leave while i had surgery, and was back at work in the communications center for the next 8 weeks
                              I have 10 years service too, so i have a heap of long service leave etc.

                              With regaurds to private health insurance...i am thinking of ditching it....It is not much help in emergency treatment anyway. (but ambulance cover is a MUST!)
                              If i had claimed my broken arm with private health, i would have had to be booked in for surgery (wich would have taken just as long as waiting, but i would have been at home!) and i would have had to pay the excess, and aneasthitist.....i would have been around $1500 out of pocket.
                              I would have been able to pick my surgeon, but i dont really have a favourite surgeon anyway !!
                              By just fronting up at emergency, i did not have to pay a cent, but i had to go in and sit in the waiting room 3 days in a row before i got my surgery....
                              Even physio was covered by medicare because i was referred from the fracture clinic.
                              The only thing private health is good for is non emergency type stuff, (i guess for something like knee reco. it might get you in quicker ?)
                              and if you want theraputic massage, dental appointments, and glasses etc.


                              BTW. This sort of thread is why there should only be the one racing forum....this is not just relevant to VIC.
                              whether you think you can, or think you cant....
                              either way, you are probably right.

                              Comment

                              antalya escort
                              medyumlar
                              huluhub.com
                              kartal escort
                              ankara escort
                              Working...
                              X