I had Lloyds of London Ins. thru NHRA/old IHRA Ins.
for a car that was $70k-$100k to build at that time,
if you built it yourself
to about $250k was their limit at the time (or for me anyway)
on all my Pro-drag cars, it's only for catastrophic damage on track,
or my trailer burned to the ground, they don't do or deal with the lil' pissant stuff,
it was a stated value deal, you paid an
X amount $$s per $1,000 coverage
w/no liability, the sanctioned track/s covered that thru their event insurances
if it was totaled, Lloyds would pay it off, no nickel & dime claims ever...
I never had a claim either...
My street/strip cars I never bothered & never did any claims
totaled or petty BS or otherwise, for anything on track or not, street racing
against my reg. carrier insurance either...
I hit the wall hard one time in Firebird Raceway/Pheonix 93-94-ish
in a 'street tires class' car, former Pro-stock car 89 IROC Z
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you had to do a 20 miles drive, then shut it off hot
& restart it & drive away
to even qualify (hardest part was getting it registered for the street)
I mangled/wadded up the front pretty bad, chute got hung up
when I got off the throttle, when it got out of shape, couldn't save it,
back in Worlds Fastest Street Car, Super Chevy Sunday shows
not enough to put in a claim...
Cost me like about $7500 to fix, a few body tree bars to fix & repaint it...
(mostly fiberglass/Harry's carbon fiber front end & radiator, hoses/lines, few mounts etc.)
I won the race/show, happened in the final round 'after the lights'
& I was back racing 2 weeks later...
Didn't win enough to pay for the damage...
There was a level especially
if it had a roll bar they'd (ins. co.'s)
not even insure the car
my reg. ins. agent was pretty cool, he never cared about that stuff...