State farm lost our business several years ago when we applied for LIFE
insurnance for our two oldest teen-agers, and were informed that the
premiums would *double* for each because of their "racing activities." Said
racing activities were an INTENT to begin autocrossing. Neither had yet
turned a wheel on a solo II course. When we attemted to point out to State
Farm that an autocross was about the safest form of motorsport known to man
(lower speeds, no other traffic, nothing to hit, etc.) State Farm haughtily
stated "we know what we are talking about" (when patently they did NOT) and
shut off all discussion while reconfirming that to insure these two kids'
lives and limbs from the peril of 3 minutes a month or so of on-course time
would require twice the usual premium rate. This was not the agent talking,
but the underwriters telling the agent what he must charge. At that time we
had four cars and a homeowners policy with them. The agent, with whom I had
done business some 20 years, knew full well the sport I played and while the
company did not insure my Prepared-class race car, the street cars would
occasionally find their way on course.
That debacle cost State Farm all of our business. And this story that I
occasionally tell for those who think State Farm is so wonderful.
Paul Foster wrote:
><<<I have confirmed it with my State Farm agent, more than once, that
>anything I do under the guidelines of a SoloII event or similar is
>indeed covered by my regular auto insurance policy. I have also
>confirmed with my agent, again more than once, that anything I do at a
>race track, including Driver's Ed. is not covered. I know where the
>limit is, and I am prepared to accept it.>>>
>
>Your agent does not know what he is talking about. State Farm has paid
>numerous PCA drivers ed claims. If you don't believe me, ask Gary
>Merideth. Not only is he an SCCA Solo II Safety Steward, he is a State
>Farm agent.
>
>Paul Foster
>
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