Expensive day out - 'Ring
18 October 2011, 03:20 PM
#31
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18 October 2011, 03:32 PM
#32
They are almost guaranteed to take him to court though and re-claim any payout from him.
18 October 2011, 04:02 PM
#33
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Although usually only covered for organised track days and not TF days?
18 October 2011, 04:42 PM
#34
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Time to take out an accomodation address for yor V5 and insurance and change your name by deed pole.
19 October 2011, 07:42 AM
#36
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For such a large amount Id be surprised if they didnt Gary. Thats why I suggested that he starts to make the right moves now; because if he doesnt then he will probably lose his whole life - wives and children usually follow houses.
Time to take out an accomodation address for yor V5 and insurance and change your name by deed pole.
Time to take out an accomodation address for yor V5 and insurance and change your name by deed pole.
To be honest, if he can afford an M3 CSL with suspension and brakes upgrades and then regular trips to spank it around the ring, I'm sure he could pay off the 130,000 euros over a couple of years.
Rather that than constantly running from your troubles.
19 October 2011, 08:24 AM
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You're on!
Oh, I haven't got a Cayman....
Gearhead - an M3 CSL can cost as low as £20k ish - even with a few mods and 3-4 trips to the 'ring doesn't mean he could necessarily afford a €130k bill!
19 October 2011, 09:16 AM
#39
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Is the ring really a public road? Not a private track?
Last edited by Brun; 19 October 2011 at 10:42 AM.
19 October 2011, 10:05 AM
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They probably should but then the Nordschliefe is a public toll road on TF days.
19 October 2011, 10:13 AM
#44
The 'public toll road' is a very grey area. Unfortunately (for the M3 driver) an insurance company refused a Nurburgring claim a while ago and the insured driver took them to court. The judge knew what The Ring is, and threw the case out.
Therefore any insurers refusing to pay can use that as an example, and get out of a claim if it goes to court. (aswell as providing pictures and videos to any judge to show exactly when the Nurburgring is)
19 October 2011, 10:14 AM
#45
19 October 2011, 10:17 AM
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The issue of insurance is an interesting one though as I believe the UK is the only country in the EU that seems to get away with excluding the Nordschliefe from insurance policies (yes, technically, they would still have to pay BUT they will take you to court to recover their costs).
My wife's side of the family are from Sweden and their insurance companies have no problems covering the Ring - it's just treated as a public road as it is by insurance companies in Germany, France, etc..... interestingly though, drivers from the UK do have a reputation for crashing at the Ring according to my brother-in-law and the other Swedes I was there with so perhaps the insurance companies' position is not entirely unjustified.
Last edited by Gigsy; 19 October 2011 at 10:19 AM.
19 October 2011, 10:46 AM
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Damage to other cars (i assume he hit the white Porsche), armco, track closure, and any personal injury involved.
The 'public toll road' is a very grey area. Unfortunately (for the M3 driver) an insurance company refused a Nurburgring claim a while ago and the insured driver took them to court. The judge knew what The Ring is, and threw the case out.
Therefore any insurers refusing to pay can use that as an example, and get out of a claim if it goes to court. (aswell as providing pictures and videos to any judge to show exactly when the Nurburgring is)
The 'public toll road' is a very grey area. Unfortunately (for the M3 driver) an insurance company refused a Nurburgring claim a while ago and the insured driver took them to court. The judge knew what The Ring is, and threw the case out.
Therefore any insurers refusing to pay can use that as an example, and get out of a claim if it goes to court. (aswell as providing pictures and videos to any judge to show exactly when the Nurburgring is)
As you say though, if the insurers show some footage to a judge, it's not hard to prove that the Ring is not a normal toll road even if it is classified as one on TF days under EU law.
TBH we all know we're not properly covered on general UK insurance on TF days at the Ring and should know the risks. Ultimately, a TF day is about the experience - if you want to max it at the Ring, book a track day where you're not liable for track damage or other cars and you can easily get cover for your car if you want to.
Last edited by Gigsy; 19 October 2011 at 10:47 AM.
19 October 2011, 11:10 AM
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19 October 2011, 01:37 PM
#53
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