Camaro Fest VI - NCM ROAD COURSE Thursday (SOLD OUT)

[TAG UR IT]

Here you go, guys. Read it carefully and if you have questions, please email Fred. He'd be happy to help get any questions answered. Our information will be on their website either tomorrow or the next day.

Doug,

It was great to speak with you earlier. My recommendation to approve your organization was immediately accepted by our underwriter. Your event at NCM Motorsports Park on 8/6/15 will be available on our website at: http://locktonmotorsports.com.

Following is a brief explanation of our program for your information. I have also attached our “HPDE Participant Flyer” that you can send to your participants.

Coverage Provided

The policy we offer through the HPDE Insurance Program is underwritten by Mt Hawley Insurance Company (A+ AM Best Rating), part of the RLI Group. This is a simple policy format that provides broad coverage. With some exceptions, it is written so that everything is covered except for what is excluded.

Our policy does include “specified perils” coverage – this is very similar to comprehensive/other-than-collision coverage under a standard auto policy. Since some standard policies include broad exclusions (coverage excluded while “at a racetrack facility”), this is an important coverage enhancement to include. Although it is rare, we have already paid a claim for damage that occurred in the paddock.

For on-track incidents, there is one, major exclusion that can limit coverage – “mechanical breakdown.” This section of the policy is directly copied from a standard auto policy and clearly states that a “mechanical breakdown” isn’t covered. This is not a vehicle warranty, so the Company does not intend to pay for blown engines, broken control arms, etc. I do want to clarify that the Company does pay for damage resulting from a “mechanical breakdown.” If a control arm or shock breaks and the participants hits a wall as a result, the broken part is not covered but the damage from hitting the wall is covered. They include the “resulting” language to make sure that they don’t pay for new valves when an engine is over-revved. I should mention, coverage does not apply while a vehicle is participating in a competition event.

Rate

This is a non-admitted policy (forms and rates are not filed with the state insurance department) so Excess and Surplus Lines taxes do apply. The rate including tax works out to be about $60 per $10,000 of coverage and we charge a $10 administration fee for each policy.

This rate is constantly being evaluated and is subject to change.

Deductible

The deductible is either 10% (of total value) with a $2,000 minimum and $6,000 maximum or 15% with a $3,000 minimum and $9,000 maximum. The deductible for values between $100,000 and our maximum limit of $150,000 are $10,000 and $15,000 respectively. This is subject to change as well.

Claims

Since we started offering these policies the average claim settlement period has been about 2 weeks. The claims are handled directly by the Company, although they do contract individuals to inspect vehicles, if needed. A few notes about claims:
· The Company does not require individuals to use specific “approved” repair facilities. In all of our claims so far, the insured’s have been able to use their selected body shop.
· The Company understands that enthusiasts expect new OE parts (or the same aftermarket parts for scheduled modifications) when repairing vehicles.

Stated Value

Knowing that enthusiasts are passionate about their vehicles, we give our customers flexibility in determining an appropriate amount to insure their vehicle for. We suggest that they use Kelley Blue Book, NADA, Edmunds, or another reliable source to come up with an appropriate value for the base vehicle (without modifications). If they choose to insure for a higher amount, they need to have an appraisal or other means (for sale ads, etc.) that justify the higher value. The unwritten rule is that we want documentation of value (in the event of a claim) if the selected value varies more than ~5% from a trusted source (KBB, NADA, etc.).

In addition to the base vehicle, customers can add to the value by scheduling their modifications on the policy. They can include as many as they would like and declare their own value. Participants can insure their Motons for $5k, Performance Friction calipers for $3k, etc.

We do have a maximum limit of $150,000. Vehicles higher than that limit can be insured, but we will only insure the first $150,000.

Purchasing a Policy

Purchasing a policy from the HPDE Insurance Program takes less than 5 minutes. Go to http://locktonmotorsports.com, click Buy Now in the HPDE section and then follow the prompts to find and select your event, and fill out the short application. After completing the application your premium will display, then “add to cart”, enter your payment information, and submit your order. In a few seconds after your payment has processed your policy will be available for download…it’s that easy!!!

Again, it was great to talk with you. I expect that many of your participants will see value in our program, and you should be able to use our “approval” of your driving program as a marketing advantage for your events. If you have any questions, please don’t hesitate to contact me.

Fredric A. Knuth
Assistant Vice President
Account Executive
Lockton Affinity
7300 College Blvd., Suite 500
Overland Park, KS 66210
Phone: 913.652.7529
Fax: 913.652.4529
E-mail: fknuth@locktonaffinity.com

All Programs administered by Lockton Affinity, LLC.

[TAG UR IT]

Anyone with PS skills here?

I'd love to see someone's idea on a track event day specific shirt.

Outline of track on front left chest.

Outline of track on back with Camaro Fest VI, August 6th, 2015, and NCM Motorsports Park. No more than two colors to the back...one color on the front.


Anyone up to doing a mock up?

[rock1t]

How are people determining their skill level?

I have nearly 500 laps on this track, and can help out if you need instructors. I also have four more track days on it before this event. Geez I love living 20 minutes away .

[rock1t]

So since this filled up we are running grand full? Or just the west track ?

[mlee]

Originally Posted by rock1t

How are people determining their skill level?

I have nearly 500 laps on this track, and can help out if you need instructors. I also have four more track days on it before this event. Geez I love living 20 minutes away .

We will have a lot of newbies and also have a lot of instructors so they will determine the groups and if folks need to move to a different group through out the day that can happen too based on their driving skills. Your experience will be nice to have out there. This will be a blast.

Originally Posted by rock1t

So since this filled up we are running grand full? Or just the west track ?

Like it says in the 1st post. FULL TRACK

[Tysen]

I'll tinker with some shirt ideas, and MCCC has some connections for shirts that I'll look into. I think these should be reserved for individuals actually running the course, but that's just my opinion.

[TAG UR IT]

Originally Posted by rock1t

So since this filled up we are running grand full? Or just the west track ?

Are you a certified instructor?

Either way, your help would be wonderful. I'm sure we could use you!

Originally Posted by Tysen

I'll tinker with some shirt ideas, and MCCC has some connections for shirts that I'll look into. I think these should be reserved for individuals actually running the course, but that's just my opinion.

Cool. Sounds good. And yes, it would only be open to those who are running THIS track. But it would be nice if we could get everyone running to get two shirts a piece. Our printer doesn't like to do small prints. Of course....it's all about the money!....lol

[BaylorCamaro]

Originally Posted by TAG UR IT

None. If we could get probably 100 shirts ordered, we could probably do it. Think we could do that?

Originally Posted by TAG UR IT

Anyone with PS skills here?

I'd love to see someone's idea on a track event day specific shirt.

Outline of track on front left chest.

Outline of track on back with Camaro Fest VI, August 6th, 2015, and NCM Motorsports Park. No more than two colors to the back...one color on the front.


Anyone up to doing a mock up?

May I suggest you use teespring for the shirts? Just need 10 shirt minimum for the order to go to print. People can order the size they want, no up front capital is required and there is ZERO "risk" for the person that is "selling the shirt." Once the shirt is printed it takes about a week to get and it can be sent direct to the customer. We can schedule so everyone gets their shirt before the event. Your call though I know you do custom shirts for C5, but this is an option to avoid that 100 shirt minimum you were talking about.

[RubyCamaro]

Vista print is an option too.

[STONE SS]

Something like this...?

[STONE SS]

Originally Posted by BaylorCamaro

May I suggest you use teespring for the shirts? Just need 10 shirt minimum for the order to go to print. People can order the size they want, no up front capital is required and there is ZERO "risk" for the person that is "selling the shirt." Once the shirt is printed it takes about a week to get and it can be sent direct to the customer. We can schedule so everyone gets their shirt before the event. Your call though I know you do custom shirts for C5, but this is an option to avoid that 100 shirt minimum you were talking about.

Originally Posted by TAG UR IT

Anyone with PS skills here?

I'd love to see someone's idea on a track event day specific shirt.

Outline of track on front left chest.

Outline of track on back with Camaro Fest VI, August 6th, 2015, and NCM Motorsports Park. No more than two colors to the back...one color on the front.


Anyone up to doing a mock up?

Forgot to tag you guys in the last post. I like this shirt better, but same design.

[Lnch Mny]

That's not bad Stone SS! Wonder how it would look on a loud colored shirt? Like a Lime green and Black track / lettering.

[STONE SS]

Originally Posted by Lnch Mny

That's not bad Stone SS! Wonder how it would look on a loud colored shirt? Like a Lime green and Black track / lettering.

It would look something like this. We would all need to decide on a color or 2 or it will become a pain to handle/order.

[STONE SS]

It would be easiest to stick with Black and White. Here are what they could look like. I modified the text on the back some. I think it looks better. Let me know what y'all think. I am open to whatever you guys want to do. Just bored at work so had time to mock some stuff up.