Proper insurance coverage for your vehicle is entirely your responsibility. Neither Track Junkies nor its instructors carry insurance on your vehicle. The only potential coverage is under your existing automobile policy, or an optional motorsport collision insurance policy (referred to as “Track Day Insurance”). But before you panic, read on …
About Alberta Standard Automobile Insurance Policies
All companies offering insurance for street-licensed vehicles in Alberta are required by law to abide by Alberta Standard Automobile Policy S.P.F. No. 1 (2013). This standard policy excludes coverage where the automobile is involved in a “race or speed test”. If you are running in a timed run group, of course this activity will void your insurance. However, we offer several non-timed run groups, and purposely do not award prizes or rank participants in any of our non-timed run groups. Our legal council advises that running in non-timed run groups DOES NOT exclude you from insurance coverage, and there have been several successful claims over the years that confirm that legal interpretation.
However, we cannot dictate how your insurance company may interpret our events relative to the policy wording … or how long the fight will be if you make a claim.
Plus it is a bit of a Catch 22 — if you ask call your insurer to confirm your coverage, they will almost certainly tell you that your policy does not cover track days. While the Alberta Standard Automobile Policy does not give your insurer this right to deny coverage on an existing policy, once your insurer has told you that you do not have coverage it becomes very hard to go backwards and make a claim. And if you press the issue, it is likely your insurer will cancel your policy. So, and this is the Catch 22, it is virtually impossible to confirm you have coverage.
In addition, some insurers will ask if you intend to drive at the track before writing your policy, and may decline to write the policy if you disclose that you intend to expose them to this risk. However, due to the mandatory minimum coverages mandated by law, the insurance industry has a company of last resort that must provide coverage (referred to as “facility” within the industry). Insurance companies may not tell you this, but a reputable independent insurance broker will.
Insurance in Other Provinces
It is our understanding that standard insurance policies in both British Columbia and Saskatchewan use similar exclusionary wording to the Alberta Standard Automobile Policy. However, we have not had their policy documents vetted by legal counsel. Standard policy documents are easy to find … just Google “automobile insurance policy wording