Quote:
Originally Posted by cbbrit
Aren't the race cars insured Mike? There is obviously the deductible to take into consideration of course!
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No. I guess some people do, but I never do.
The way insurance for race cars typically works is it's like $10-20k per weekend up front for the "coverage", then you're liable for the first $25-50k of damage, then they cover up to another X% (which is generally less than the replacement value of the car).
-mike