Jeff Cashmore wrote:
>
> I'm looking for details on what the other independent clubs pay for autox
> event insurance. Company? (K&K, etc.) coverage limits ($2 or $3 mill?), one
> time or per entrant fees, etc. Rates seem to be going sky high post 9/11.
You're right on the money there, Cashmo! That's an issue that was
driven home at the National Convention back in February. The whole
insurance market has "hardened" since 9/11 and they're taking a VERY
close look at motorsports. As it was explained at the Convention, the
entire insurance industry took a hit of about 1/3 of its total insurance
pool on 9/11.
I can't give you specific rates from other insurers like K&K or
Naughton, but that's the way that the overall picture was explained at
the National Convention.
Hope that helps in some small way. Pete Lyon could give you a much
better picture than I can.
John (Old Fartz & TLS #37) Lieberman
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