Conrad Group Insurance Agency

Competition Vehicle Coverage

The Conrad Group Insurance Agency competition vehicle insurance program is designed to protect race competition vehicles from physical damage losses due to fire, theft, trailer accident and most other physical damage claims. Other items that can be covered are spare parts, tools and equipment. Coverage is provided while the insured items are stored and transported to and from events and while in paddock or garage areas.

Program Highlights

  • Written on an admitted basis in all states
  • Valuation of loss based on agreed value of insured property rather than actual cash value
  • Coverage extends to competition vehicle under own power for incidental movement while in the pits
  • Expediting and rental expense coverage included
  • Flood and earthquake coverage while in transit

Eligible Operations

  • Race Vehicle

Not Covered

  • Vehicles licensed or registered for public road use
  • Vehicles not owned by insured or contractually obligated to insure

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