Go-karting is an adventurous event. It offers a thrilling experience as your customers race around the track at very high speed and compete to achieve the best lap times. But a go-kart can overturn or collide with another go-kart. In such a case, your clients may get arm or head injuries. Although these tracks have safety equipment, you must insure your go-kart venue. Accidents are inevitable; a go kart track insurance will cushion your business from devastating financial losses.
CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
---|---|---|---|---|---|
Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
Tenant’s legal liability coverage limit | $300,000/$1,000,000 | $300,000 | $100,000 | $100,000 | $1,000,000 |
Waiver of subrogation included? | Yes | No | Included | Can be included | No |
Hired/non-owned auto liability coverage included? | Yes | No | No | Can be included | Can be included |
Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
Deductible | $0 | $0 | $0 | $0 | $0 |
General liability insurance is integral for go kart track businesses. This insurance will protect your business from lawsuits and claims after an accident. It covers accidents such as flips and collisions of the go-tracks. The insurance will cover the following incidents:
Bodily injury–A customer is injured while operating a go-kart. The insurance covers medical, legal, and other related costs
Property injury–The go-karts can also cause property damage. The insurance will cover replacement and repair expenses
Product liability–The go-kart or any other equipment can malfunction and cause injuries to your clients. The insurance covers legal and defense costs
Umbrella liability insurance offers additional coverage beyond what the standard general liability insurance can cover
Employment practices liability insurance protects you against claims related to wrongful termination, harassment, and other violations of employee rights
General liability insurance coverage limits for go-kart tracks are $1 million to $2 million. But note that you can opt to get more.Â
Yes, there exist some exclusions, such as criminal and intentional activities. This policy will also not cover accidents resulting from your negligence or professional errors.
Yes, there are several insurance providers and brokers that operate online. You can conveniently purchase your policy and manage it through a mobile app or a website.
Get all the best quotes from leading providers in a click of a button!
CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
---|---|---|---|---|---|
Building coverage limit (minimum) | $50,000 | $260,000 | $25,000/$500,000 | $25,000 | $60,000 |
Contents coverage limit (minimum) | $50,000 | $22,000 | $25,000/$500,000 | $25,000 | $60,000 |
Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Excluded |
Accounts receivable | Excluded | Excluded | $5,000/10,000 | Included | Excluded |
Money and securities | Excluded | $2,500 | $1,000 | Included | Excluded |
Lock and keys | Excluded | $2,500 | Excluded | Excluded | Excluded |
Business interruption floater | Excluded | Included | Included | Included | Excluded |
Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Excluded |
Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
Employee dishonesty floater | Excluded | $5,000 | $2,500 | Included | Excluded |
This kart racing insurance covers your property, such as buildings, inventory, equipment, and other physical assets. This insurance covers multiple perils such as:
Fire
Water damage
Weather-related damages
Theft
Vandalism
Natural disasters
Flood insurance–If you have taken a named perils insurance policy that does not include flood incidents, you can take this policy as an add-on. This is fundamental in flood-prone areas
Earthquake insurance–This is another add-on you can take to cover earthquake events
The coverage limit for commercial property insurance is $100,000 and above. But this amount depends on your property’s value and policy terms.
Your business will suffer financial losses if you don’t have insurance coverage, as you will be required to use your business fund to cover replacement, repair, and rebuilding costs.
CoverWallet | Thimble (Best) | NEXTÂ | Hiscox | The Hartford | |
---|---|---|---|---|---|
General liability aggregate limit | $2,000,000 | $2,000,000 | $2,000,000 | $300,000 | $1,000,000/$2,000,000 |
Commercial property coverage limit | $50,000 | $500,000 | $260,000 | $25,000 | $75,000 |
Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
BOP discount? | Yes | Yes | Yes | Yes | Yes |
A business owner’s policy (BOP) offers comprehensive insurance coverage for your go-kart track business. This policy merges different policies into one policy. It typically includes:
General liability insurance
Commercial property insurance
Combining these two policies is a cost-effective strategy. It also helps to manage your policy conveniently. Additionally, you can tailor the BOP to meet your business needs.
Equipment breakdown coverage protects your go-kart track business in case your equipment malfunctions. It covers repair and replacement costs as well as lost income
Crime coverage will compensate your business in the event of criminal activities such as embezzlement and theft
The coverage of BOP is $500,000 to $2 million for each occurrence. The actual coverage limits depend on your business’s needs and your policy’s terms.
You can bundle your BOP with other policies, such as workers’ compensation insurance. Bundling helps to save costs by enjoying attractive discounts.
Your business may grow, and its insurance needs increase. In such a case, you can include additional coverage or take up a different policy that suits your business.
NEXTÂ | Thimble | Hiscox | The Hartford | |
---|---|---|---|---|
Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
Deductible | $500 | $500 | $0 | $0 |
Your go-kart track business relies on expensive equipment and tools to operate. You need to insure these items are from common perils such as theft, fire, and vandalism. The tools and equipment insurance will provide coverage if your items are damaged or lost due to a covered event.
Transit coverage will help cover damages or losses while transporting your tools and equipment to a job site
Flood insurance will grant protection if the primary tools and equipment insurance does not include flooding events, you can include this as an add-on
The coverage limit for this type of go kart insurance is $10,000 to $250,000. But the insurer will have to estimate the value of your items to get the best coverage limit.
Yes, this insurance will also cover leased or rented items. But some insurance providers may require you to take additional coverage or increase your premiums.
This type of go kart business insurance covers your business-owned vehicles. It will cover all the commercial vehicles you use to operate your go kart track. Some of the perils covered include:
Accidents and collisions
Theft or vandalism of the vehicle
 Fire or explosions
Bodily injury
Property damage
Injuries sustained by employees while using the vehicle
Damage to other vehicles or property caused by the insured vehicle
Liability coverage–This protects you if you or one of your employees causes an accident while driving a business-owned vehicle
Collision coverage–Covers your business vehicles in case of collision with other vehicles or objects
Comprehensive coverage–Covers all non-collision events such as vandalism or natural disasters
Uninsured/underinsured motorist coverage–Covers you if you get into an accident with a driver whose insurance cover is not enough to cover the damages. You can also use this in case the other driver isn’t insured
Medical payments coverage–Pays for the medical expenses of the passengers after an accident involving your business vehicles
Roadside assistance coverage–Helps with the cost of roadside assistance services if your business-owned vehicle breaks down
Rental reimbursement coverage–Will cover the costs of rental vehicles if your business vehicles are in the shop for repairs following an accident
Hired auto coverage–This coverage can help protect your business if you rent or lease vehicles for use in your go-kart track operations
Additional insured coverage–This coverage can extend liability protection to another party, such as a vendor or contractor performing services on your behalf
The coverage limit for commercial auto insurance is $500,000 to $1 million for each occurrence. But your business can receive higher limits depending on the number and value of your vehicles.
You can take a single policy for your go-karts instead of obtaining one for each.
A go kart track business attracts a measurable amount of risks. Your employees are not immune from these risks. They can get injured or fall ill while working. Worker’s compensation insurance covers hospital bills. It also offers rehabilitation and death benefits.
Employer’s liability coverage–Covers you against lawsuits filed by injured employees who blame your negligence and cite it caused a work-related injury or disease
The coverage limit of workers’ compensation insurance for go kart track depends on which state you’re operating. Check with the workers comp board of the state to know how much coverage your workers comp insurance can provide.Â
Yes, this go kart business insurance has specific exclusions. It may not cover self-inflicted or criminal activities.
Yes, this insurance cover is fundamental for your business if you have employees. Having this insurance is compulsory in most states. Failure to get insured will result in stiff fines and penalties.Â
Go karting travel insurance will cover you while you are traveling for racing, either for joining a competition or for leisure. It covers medical expenses, trip collection costs, and other related costs. Travel insurance is usually purchased as short-term coverage that grants protection until the trip has been over.Â
Cost per Month | Cost per Year | Deductible | |
---|---|---|---|
General liability insurance | $92.24 | $1,106.88 | $0-$500 |
Commercial property insurance | $100 | $1,200 | $1,000-$2,000 |
Business owner’s policy | $192 | $2,304 | $1,500 |
Tools and equipment insurance | $96 | $1,152 | $500-$1,000 |
Commercial auto insurance | $99 | $1,188 | $500-$1,000 |
Workers compensation insurance | $118 | $1,416 | $2,500-$5,000 |
Travel insurance | $94 | $1,128 | $0-$500 |
The average go kart track insurance cost is $92.24 per month or $1,106.88 per year for a $1 million general liability coverage. Factors that affect the cost of premiums are claims history, business history, deductibles, policy limits, and more. For a further idea of the go kart insurance cost, take a look at this table showing how much the best companies charge for a $1 million general liability insurance:Â
Monthly Cost | Annual Cost | Best For | |
---|---|---|---|
NEXT | $78.33 | $939.96 | Best overall; Fastest general liability insurance for go kart tracks |
The Hartford | $79.50 | $954 | Go-kart track businesses that want online tools and resources to manage their business insurance policies |
CoverWallet | $81.17 | $974.04 | Comparing go track insurance quotes online |
Tivly | $91.67 | $1,100.04 | Comparing go kart track insurance quotes over the phone |
Thimble | $110.17 | $1,322.04 | Go-kart track business owners looking for short-term insurance policies |
Hiscox | $112.57 | $1,350.84 | Go-kart track businesses looking for comprehensive insurance coverage |
Get all the best quotes from leading providers in a click of a button!
They are multiple insurance companies and brokers who provide insurance for go-kart track. But you need to cautiously review each company as some may not offer genuine offers. Here is a review of the best go-kart tracks insurance companies:
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for go kart tracks
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT is an outstanding insurance provider for small businesses. They offer their policies online, allowing you to quickly acquire a policy and file claims. This company does not specialize in specific industries, but all types of businesses can get single or bundled policies.
Best for: Best overall; Fastest general liability insurance for go kart tracks
Average cost: $78.33 per month
Our rating: 10/10
Instant quotes
Easy application process
Can compare quotes from different providers
Not an insurance company but an insurance broker
CoverWallet works with multiple providers to offer you the best quotes. They are a reputable broker who acts as an intermediary to many insurance carriers. This company will assist you in getting the best quotes depending on your needs. They also have a website to manage your policies and claims easily.
Best for: Comparing go track insurance quotes online
Average cost: $81.17 per month
Our rating: 10/10
Fast claims processing
Have local agents available
Ideal discounts for AARP members
Limited policies
The Hartford offers small and large businesses specialized insurance products. You can rely on them to offer your go-kart track business the best deals. They avail tools and resources that help you manage your insurance policies.
Best for: Go-kart track businesses that want online tools and resources to manage their business insurance policies
Average cost: $79.50 per month
Our rating: 10/10
Compare quotes over the phone
Affordable prices
Works with many providers
No mobile app
Tivly is a well-known insurance agency. It works with over 200 insurance providers to offer your business the best deals. You can conveniently select a provider that suits your budget and needs. Call now to compare quotes over the phone.
Best for: Comparing go kart track insurance quotes over the phone
Average cost: $91.67 per month
Our rating: 9/10
On-demand policies
Numerous add-ons to general liability insurance
You can purchase general liability insurance as a short-term coverage
Customer support is only available online
Thimble is an insurance provider that offers on-demand policies. You can acquire insurance coverage for a temporary or one-time project. They offer coverage even for hours, days, or months.
Best for: Go-kart track business owners looking for short-term insurance policies
Average cost: $110.17 per month
Our rating: 9/10
14-day money-back guarantee
Easy-to-use online platform
Discounts available
Online quoting not available all the time due to periodic site maintenance
Hiscox is another reputable insurance provider. It sells crucial insurance products to businesses. You can easily purchase their policies online and make claims on their website.
Best for: Go-kart track businesses looking for comprehensive insurance coverage
Average cost: $112.57 per month
Our rating: 9/10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
Decent experience with Hiscox business insurance
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
Best insurance ever
Coolest concept, I wish this was applied to other insurance products too.
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
Decent experience with Hiscox business insurance
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
Hiscox's the best! My business is insured with them for over 12 years and am not planning to switch!
Excellent experience with Hiscox BOP for my coffee shop. They provided all it needed.
My HI barbershop is well covered with their great BOP product for 5 years already! not planning to switch!
Best insurance ever
Coolest concept, I wish this was applied to other insurance products too.
Great experience
Didn't relate to the concept much, but it makes sense if you need insurance to go
It doesn't really feel sustainable to me and doesn't offer business interruption, product liability and commercial property insurance. They have no local agents and despite their technology first approach you cannot file claims online. Additionally, product manufacturers are not covered by Thimble and they don't provide enterprise solutions.
As a contractor that works 3 times a week for a few hours, Thimble gets really handy for me and saves me money. I have no use for these massive business insurance coverages offered by traditional insurance companies.
Excellent concept which is useful to many small businesses!
Been waiting for this type of solution for a long time!
Love their business insurance solutions for freelancers! Great app!