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The only thing that has a “motor vehicle racing” exclusion is the life insurance portion. It gets cut from like $40,000 to something smaller like $5000.
Medical and the income insurance is 100% covered.
The Shop
I'll say this with an *, in most cases insurance will cover most injuries that you can walk into a hospital with. It's the ones that you don't have control of how you are delivered to the hospital that this exclusion can bite you because your lifeline, ambulance, ect. paperwork will clearly say you were transported from a racetrack and that was the cause of injury. I've heard hundreds of stories over the years where the insurance covered the costs no questions asked, so the chance of denied coverage is limited, but that chance is just outside of my personal comfort zone based on how it would affect my Wife, kids, and businesses.
As I do not make a living with my racing anymore (can't really call it a living when I was), I do run the Vet classes when I race motorcycles and those pay 100% or whatever percent payback. That's income. In the state of Indiana where I reside (and most states offer some form of this) there is a high risk workman's comp policy that is pooled with the intent to cover employees and contractors that have high risk occupations they are pursing for income or future income and there is not limit on the amount of minimum income pursued. IE $100 year is just as worthy as $200K. I carry one of these polices to cover my racing, in addition to ordinary health insurance, in addition to a life insurance policy that is specific to include all the racing that I participate in. It costs me roughly $9,600 a year for these items in total, or $800 monthly.
I'm offering my experience on this topic because it's important that if I'm doing what makes me happy, that it won't fall back onto my wife to clean up the financial mess should something happen. I encourage all my moto buds to have coverage and make sure they read their policy well, certainly don't just assume.
Ask an underwriter, or better yet an insurance adjuster, and read the exact fine print in the policy.
COMMON-CARRIER ACCIDENT:
A common-carrier accident does not include any hazardous activity
accident or any accident directly involving private, on demand, or
chartered transportation in which a covered person is a passenger at
the time of the accident.
HAZARDOUS ACTIVITY ACCIDENT:
An accident while a covered
person is participating in sky diving, scuba diving, hang gliding,
motorized vehicle racing, cave exploration, bungee jumping,
parachuting, or mountain or rock climbing; or while a pilot, officer, or
member of the crew of an aircraft, having any duties aboard an aircraft,
or giving or receiving any kind of training or instruction aboard an
aircraft. A hazardous activity accident does not include any common-
carrier accidents.
And that question is a good one. How do you get covered fully for moto?
And yes, aflac DOES cover moto.
The copy/pasted thing from 77 moto only applies to the life insurance section.
Pit Row
That is from the Accident Policy info right on their site.
Not Life insurance.]
In fact it references an optional added coverage:
Optional Benefit
Additional Accidental-Death Benefit Rider:
I would rank having short and long term disability through my employer much higher than supplemental accident insurance.
Spent 10 years in the insurance industry. So many people don’t read their policies and have no idea what they’re actually paying (or aren’t) until it’s too late.
Don’t ever take the ambulance from the track and don’t ever show up in moto gear if possible.
https://webordering.aflac.com/PDF/A36375OR.PDF
My disability policy does not even mention hazardous activity or racing. Only mentions it if youre intoxicated.
I can post mine too if anyone is curious. Im not sure if it varies by state or anything like that.
Believe what the guidelines show.
Frankly, I don't give a shit what you do. Many people above say moto isn't covered as well. Maybe they read the guidelines provided?
You can see their guidelines on their site. Good luck getting paid.
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