PROGRAM OVERVIEW: MOTORSPORTS RACE TEAMS

ABOuT uS

• Over 60 years combined Company/Carrier Motorsports Insurance

knowledge & expertise

• Licensed in All States

ELIGIBLE OPERATIONS

• Race Teams

• Sponsors

• Show car exhibitions

• Racing Product Retailers

• Race Shops

• Racing service & repair shops

• Racing Associations

• Racing Product Manufacturers

OPTIONAL COVERAGES

• Participant Accident Coverage

• Primary Liability for Tuning & Testing

• Disability Income

• Exporter’s Package Policy

• Products Liability

• Corporate Sponsors Liability

ADDITIONAL COVERAGES

• Building & Business Personal Property

• Business Auto

• Broadened Property Coverages

• Excess Liability

• Business Income & Extra Expense

• Crime

• EDP

• Workers Compensation

PROGRAM HIGHLIGHTS

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• Where coverage is admitted, no surplus lines

forms, filings, fees or taxes

• Workers Compensation for teams with owned aircraft

• Expanded coverage territory for teams traveling abroad

• Excess Limits up to $25M

OFF TRACK & STORAGE

• Programs custom designed for group associations

• Low Minimum Premiums for small race teams

• Agreed Amount basis

• Flood and Earthquake coverage included for

racing equipment (some restrictions apply)

• Expediting & Rental Expense coverage included

• No coinsurance

OWNERS AND SPONSORS LIABILITY

• Drivers & Sponsors included as Additional Insureds

• Spectator Liability

• Participant Legal Liability

• World Wide Liability

• Tuning & Testing included

• Separate policy limits for Owners & Sponsors

Liability and Race Team Operations

• Primary Racing Liability available where required

GENERAL LIABILITY

• Products Liability

• World Wide Liability

• Drivers & Sponsors as AI

• Separate policy limits for O&S and

Race Team Operations

• Expanded GL Coverages

MOTORSPORTS

A XV” A.M. Best Rated Admitted Carrier

• Motorsports Insurance Specialists that handle only Motorsports Risks

• Ascension is one of the largest insurance brokers in the U.S.

www.ascensionins.com