Famous Insurance's CAMS track cover?

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dbz
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Famous Insurance's CAMS track cover?

Postby dbz » Thu Jan 28, 2016 11:29 am

Got a quote from Famous Insurance and it will cost $302.50 for up to 3 events, $605 for up to 6 events, and anything above that is considered unlimited and will cost $1210 per annum, and it covers you for up to $10,000. However this supplementary cover is subject to purchasing comprehensive cover with them which they quoted me $1700 per annum, $40k insured value, $750 excess. In comparison i am currently paying $1150 per annum with AAMI for $39k agreed value all mods insured and $1200 excess, but no track cover.

What do you all think? hmmm
MY15 BRZ (Clubman Class) PBs: PI-1:50.9
MY15 BRZ (Street Class)
PBs: PI-1:54.7 Winton-1:39.9 Sandown-1:29.4 Broadford-1:08.5

tim33h
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Re: Famous Insurance's CAMS track cover?

Postby tim33h » Thu Jan 28, 2016 1:50 pm

Expensive...


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dbz
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Posts: 808
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Location: Melbourne

Re: Famous Insurance's CAMS track cover?

Postby dbz » Thu Jan 28, 2016 4:28 pm

Yeh probably give it a miss, they have revised my premium to about $1350 pa + $605 pa for 6 trackdays. Still a fair bit of money for a car. Probably should spend that on personal injury/death cover.
MY15 BRZ (Clubman Class) PBs: PI-1:50.9
MY15 BRZ (Street Class)
PBs: PI-1:54.7 Winton-1:39.9 Sandown-1:29.4 Broadford-1:08.5

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RO323
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Re: Famous Insurance's CAMS track cover?

Postby RO323 » Tue Feb 09, 2016 1:21 pm

I have insurance with them for my 1M. ~ $2200 for comprehensive plus 6 track days. Only $200 more than Just Car, and just as relaxed with modifications.

RE: disability/death cover, completely different story. You should have this anyway to protect you and your family if you are injured/die. Watch track cover for this though - it is usually excluded if you read the fine print in the PDS.
BMW 1M

PI: 1.53.09
Sandown: 1.24.03
Calder Park: 1.07.31
Winton: 1.36.94

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dbz
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Re: Famous Insurance's CAMS track cover?

Postby dbz » Tue Feb 09, 2016 1:30 pm

RO323 wrote:I have insurance with them for my 1M. ~ $2200 for comprehensive plus 6 track days. Only $200 more than Just Car, and just as relaxed with modifications.

RE: disability/death cover, completely different story. You should have this anyway to protect you and your family if you are injured/die. Watch track cover for this though - it is usually excluded if you read the fine print in the PDS.


Hey mate, thanks for that, I went with Famous in the end, cost a bit more over AAMI who also covered mods but no track damage, and I also went with the 6 trackday package. With life insurance most state that it's an exclusion when participating in risky activities, like bungy jumping, sky diving , motorsports etc. Will need to look into specialised insurance for that unfortunately.
MY15 BRZ (Clubman Class) PBs: PI-1:50.9
MY15 BRZ (Street Class)
PBs: PI-1:54.7 Winton-1:39.9 Sandown-1:29.4 Broadford-1:08.5

krazykatz
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Location: Melb / Vic
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Re: Famous Insurance's CAMS track cover?

Postby krazykatz » Tue Feb 09, 2016 3:30 pm

How much did it end up costing you?
MY15 WRX STi
MY00 WRX Club Spec Evo 4 Hatch - Just Sold :cry:

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dbz
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Location: Melbourne

Re: Famous Insurance's CAMS track cover?

Postby dbz » Tue Feb 09, 2016 3:50 pm

krazykatz wrote:How much did it end up costing you?


Hey Jeremy it's just under $2k all inclusive (Full comp + 6 track days). Agreed value , all mods insured. $1000 excess which is minimum for track cover.
MY15 BRZ (Clubman Class) PBs: PI-1:50.9
MY15 BRZ (Street Class)
PBs: PI-1:54.7 Winton-1:39.9 Sandown-1:29.4 Broadford-1:08.5

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