Race Track Insurance: Cost & Quotes From $50/mo

For your best business protection and savings, we recommend bundling GL with some other important coverages on one Business Owners Policy!

For your best business protection and savings, we recommend bundling GL with some other important coverages on one Business Owners Policy!

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Race track insurance is specialized coverage for circuits, drag strips, and other businesses that make money through motorsports. Read this guide to know the cost of premiums, the best companies, and the inclusions. Having the right coverage is very important since accidents can easily happen in your race track business.

General Liability Insurance for Race Tracks

CoverWallet NEXT (Best)Thimble HiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$300,000/$1,000,000$1,000,000/$2,000,000
Aggregate limit $2,000,000$1,000,000/$2,000,000$1,000,000/$2,000,000$300,000/$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit $2,000,000
Advertising injury coverage aggregate limit $1,000,000$1,000,000$1,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit $100,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoExcludedCan be includedCan be included
Equipment breakdown floater included?No YesYesCan be includedCan be included

This race track insurance policy protects your business against claims of third-party (your customers or clients) bodily injuries and property damages resulting from the use of products or services you sell or provide to them. It also shields you from paying legal fees in the event you are served with a copyright infringement or advertisement injury lawsuit by another race track company or any business entity. It’s important to note that professional mistakes, auto accidents, employees’ injuries and illnesses as well as damage to your business property are not covered under this insurance policy.

Coverage Limits for General Liability Insurance for Race Tracks

The coverage limits for this race track liability insurance generally varies depending on your insurance provider, the exclusions, and deductibles. The common coverage limits are $1 million-$2 million per occurrence and aggregate. 

Add-Ons for General Liability Insurance for Race Tracks

  • Spectator liability insurance–This add-on confers you with immunity of being liable to pay for medical expenses or fatal injuries to individuals who are spectating in your race tracks event

  • Participant accident insurance–This add-on protects you from incurring any medical expenses for participants who get injured, dismembered (loose one or both of their limbs) or who sustain fatal injuries while taking part in your race tracks event or activities

  • Product liability–This protects you from incurring costs arising from the use of a race tracks product that causes property damage or bodily injuries 

Public Liability Insurance for Race Tracks

This race tracks insurance covers you from incurring costs of claims made by the public for accidents or incidents that occur due to your race tracks operations or activities. Claims covered under this policy are but not limited to third-party injuries, loss of or damage to property, and fatalities. This policy doesn’t cover your employees. Instead, it covers people visiting your race tracks such as spectators and event organizers.

Coverage Limits of Public Liability Insurance for Race Tracks

Insurers can pay you up to $10,000,000 as the coverage limit under this policy. The size of your race track, the number of participants and spectators attending your race track event, and the types of events performed are some of the factors an insurer uses to determine how much they pay you.

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