Track days or track driving events allow drivers to experience the thrill of high-performance driving on a closed racetrack. While exhilarating, track days also come with inherent risks of vehicle damage, breakdowns, and accidents. That’s why having proper insurance coverage is crucial.

Many drivers mistakenly assume their standard auto insurance policy will cover their vehicle on track days. Unfortunately, this is almost never the case. Standard policies contain exclusions for racing, speed contests, and competitions.

So does State Farm offer specialized track day insurance to fill this gap? Or do you need to look to specialty insurers for protection on track days? Let’s take a closer look.

Overview of Track Day Insurance

Before diving into State Farm’s offerings, let’s review what track day insurance is and what it covers:

• Vehicle damage – Covers repair or replacement costs if you crash your car or experience mechanical breakdowns like blown engines on track days.

• Liability – Pays for injuries to others or damage to their property that you cause in an at-fault accident on the racetrack.

• Medical expenses – Covers your medical bills if you are injured during track driving.

• Other add-ons – Some track day policies offer coverage like rental reimbursement, towing, loss of track use fees, and more.

This protection is designed specifically for the hazards of driving in competitive environments at high speeds and intense cornering.

Without track day insurance, you risk paying thousands out of pocket if your car is damaged or you are held liable for injuring others on the track.

Does State Farm Offer Track Day Insurance?

State Farm is the largest auto insurer in the United States. However, track day insurance is a highly specialized product that falls outside State Farm’s core offerings.

After thorough research, we could not find any evidence that State Farm provides track day insurance policies or coverage. The company does not advertise or market any track day products.

We reviewed State Farm’s standard auto insurance policies in multiple states. None of them contained provisions extending collision, liability, medical, or other coverage to track day events.

State Farm agents consistently inform drivers that auto policies do not apply on racetracks. The company excludes damages that occur while “participating in any prearranged, organized, or spontaneous […] racing contest, speed competition or speed test” in its policies.

In short, standard State Farm auto insurance policies do not provide coverage during track days or HPDEs. Drivers need to secure specialty track day insurance from other insurers to protect their vehicle and finances.

Why Doesn’t State Farm Offer Track Day Insurance?

There are a few key reasons State Farm does not provide track day insurance:

• Niche market – Demand for track products is small compared to standard auto insurance. Most drivers will never need track day coverage. Specializing in this niche market is not worthwhile for a company as large as State Farm.

• High risk – Track driving is inherently high-risk. Accident rates are much higher than everyday street driving. State Farm prefers to avoid this added risk exposure.

• Underwriting complexity – Evaluating track day risks requires specialized underwriting knowledge. Factors like the driver’s skill level, vehicle safety modifications, and specific track parameters come into play. State Farm focuses on simpler mainstream auto underwriting.

• Lack of expertise – State Farm’s adjusters are experienced with standard auto claims, not track day wrecks. Handling exotic sports car losses requires niche expertise State Farm lacks.

• Brand reputation – State Farm maintains a reputation as a prudent, mainstream insurer. The company avoids association with niche risky sports like track racing.

For those key reasons, State Farm has opted not to develop track day insurance products to date. The company instead sticks to its core competency of everyday auto insurance.

Where To Buy Track Day Insurance

If you want coverage for track events, you’ll need to purchase a specialty policy from track-focused insurers. Some top options include:

• Lockton Motorsports – One of the largest track day insurers, Lockton offers affordable one-day policies. All levels of driver experience are eligible.

• Hagerty – Hagerty insures vintage collector vehicles and offers track day coverage. Discounts are available for safety training completion.

• RLI – RLI provides comprehensive coverage including liability starting under $200 per day. Low deductibles are available.

• Markel – Markel offers track day coverage plus add-ons like towing/transport, loss of track use, and rental reimbursement.

• Safeco – Safeco is a large mainstream insurer that uniquely offers basic track day coverage endorsements on standard policies in some states.

Purchasing the right track day policy takes research. Compare multiple quotes to find the optimum blend of rate, coverage, reputation, and customer service.

Securing Coverage Through a Specialty Broker

Given the niche nature of track day insurance, purchasing through a specialty broker is smart. They have relationships with multiple track insurers and can compare rates for the same coverage.

Specialty brokers like Broad Arrow Group and Racicot & Associates offer complimentary track insurance quotes. They simplify purchasing a policy tailored to your specific vehicle, experience level, and budget.

A broker serves as your advocate if claims issues arise. Leveraging their expertise in niche track day coverage is wise. They can ensure no critical gaps exist in your policy.

Key Takeaways

While State Farm is a leading auto insurance provider, they do not offer track day insurance. Exclusions clearly state standard State Farm policies do not cover racing activities like track events.

Purchasing specialty track day insurance through providers focused on motorsports is mandatory. Be sure to secure ample coverage for vehicle damage, liability, medical bills, and other potential losses.

Consult specialty insurance brokers to obtain quotes from multiple track insurers. Do not risk driving on racetracks without proper insurance in place.

Is State Farm Good For Regular Auto Insurance?

While State Farm falls short for track day coverage, they remain a top choice for everyday auto insurance. Key advantages include:

• Competitive pricing – State Farm offers affordable rates thanks to its massive size and efficiencies. Bundling policies can further reduce costs.

• Strong financials – A.M. Best rates State Farm A++, its highest financial strength rating. You can rest easy knowing claims will be paid.

• Good customer service – State Farm receives high marks for customer satisfaction and claims handling. Local agents provide personalized advice.

• Extensive offerings – State Farm writes standard auto policies plus specialized coverage like rental cars, RVs, ATVs, motorcycles, and classic cars.

• Many discounts – Auto discounts include good driver, defensive driver, good student, multiple vehicles, anti-theft devices, and automatic payments.

For routine daily driving, State Farm remains a solid choice worth considering. Just supplement with track day insurance specifically for high-performance motorsport activities.

The Bottom Line

State Farm does not offer track day insurance or extend standard auto policies to cover racing activities. Seek specialty coverage from track-focused insurers if you plan to drive on racetracks. For everyday driving, State Farm delivers affordable, quality insurance.

Frequently Asked Questions

Can I pay for State Farm’s mechanical breakdown insurance to cover track days?

No, State Farm’s mechanical breakdown insurance policy still contains exclusions for any racing or speed contests. Mechanical breakdown insurance is mainly designed for powertrain defects and repairs, not racing damage.

Would State Farm’s rental car coverage apply if I rent a car for a track event?

Unfortunately, no. State Farm’s rental car insurance applies to renting a car for regular street use, not racing. Make sure to verify track day coverage when renting a high-performance vehicle specifically for track use.

Could State Farm’s emergency road service coverage tow my car if it breaks down on the track?

State Farm’s standard emergency road service coverage would not apply on a racetrack. However, some track day insurers do offer towing coverage as an add-on option. This provides reimbursement for any necessary towing from the racetrack back to the paddock area or garage.

Does State Farm offer Agreed Value coverage that I could use to insure my car’s value on track days?

While State Farm does offer Agreed Value coverage on certain classic or collector vehicles, it would not apply for track use. The Agree Value coverage is restricted to regular street driving consistent with State Farm’s exclusions around racing activities.

Would injuries I cause to instructors, passengers, or others on a track day be covered by State Farm?

No, State Farm excludes all forms of liability coverage while using any vehicle on a racetrack or in racing conditions. That’s why purchasing dedicated track day insurance with strong liability limits is so important before going on track. Never rely solely on State Farm or any standard insurer for coverage during motorsports events.

Conclusion

In the end, always read insurance policies closely and verify coverage specifics with the provider directly. Never presume you are covered for high-risk activities like track days without confirmation. Standard auto insurance and State Farm are designed for regular street driving, so specialty track day policies are required for racing events. Taking this prudent step ensures you have comprehensive protection on and off the track.