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Important information – Shannons Insurance
Exclusions applicable and cover limitations to vehicles on a race track
To Car Clubs,
Shannons is a supporter of motoring clubs, events and associations committed to sharing the
passion of the Motoring Enthusiast Community we so proudly serve.
From time to time Shannons attends and supports events at race tracks and racing circuits
(Race Events). As part of our ongoing commitment to our customers and the broader
Motoring Community, an opportunity has been identified for Shannons to better assist
customers attending Race Events (including your car club members) to be aware of and better
understand exclusions under Shannons Motor Insurance (SMI) that apply when their vehicle
is on a race track.
We want to ensure our attendance at Race Events does not create an impression that SMI
automatically covers customers out on the race track or the course. Accordingly, from 1
October 2019, we will display the attached notice at Race Events.
We value our relationship with your club and its members and wanted to provide you with
this information in case your members see this notice at future Race Events and ask you about
the notice.
If you require any further information about this notice, you can reach out to us by contacting
your local Business Development Manager. Additionally, we can arrange for a member of our
underwriting team to attend one of your future car club meetings to talk to your members.
Thank you for considering this important notice and your ongoing support.
We look forward to seeing you at an event soon.
Team Shannons
Important Information – Shannons Motor Insurance
EXCLUSIONS APPLICABLE TO VEHICLES ON A RACE TRACK OR USED IN
MOTOR SPORT
You are not covered under Shannons Motor Insurance for loss, damage, or liability caused by, arising
from or involving your vehicle:
1. being driven or used in any form of motor sport
2. being present at or upon a race track or testing ground, or land immediately adjacent to it, unless
your vehicle is there solely for a purpose other than driving or riding or use in a motor sport event to
be conducted at the race track or testing ground
However, you may have limited cover if the racing cover option applies to your policy. This option applies
for vehicles over 60 years old or when recorded on your Certificate
RACING COVER OPTION – WHAT IS COVERED
We pay for loss or damage to your vehicle if at the time of loss or damage you are driving or using your
vehicle for a motor sport event, but only if the event is either:
. an event sanctioned by a motor sport governing body, and your participation in that event requires a
license of any kind issued by a motor sport governing body and you are the holder of such a license,
or
an event which has been approved by us in writing or by way of endorsement to your policy.
RACING COVER OPTION – LIMITS AND WHAT IS NOT COVERED
We only pay up to the lesser of the cost to repair / replace your vehicle, the agreed value of your vehicle,
or $20,000.
We do not cover any legal liability connected with the use of your vehicle for any motor sport event.
WHAT IS A MOTOR SPORT?
Motor sport means participating in, preparing, practicing or familiarisation for any form of motor vehicle
or motorcycle racing or sport, whether formally or informally arranged or impromptu, including, but not
limited to: racing, circuit racing, rallying, karting, demonstration, pacemaking, hill climbing, drifting, drag
racing, speedway racing, reliability or regularity trial, speed time test, motorkhana, khanacross, touring
assemblies, observed section trials, power cruises and off road events such as rock crawling or mud
racing.
WHAT IS A RACE TRACK OR TESTING GROUND?
Race track or testing ground means:
. a road or other surface which is used as a race track or testing ground, or
. a public road (whether made or unmade) that, for the purpose of a motor sport event, has temporarily
been closed for use by the public generally.
Refer to the Shannons Motor Insurance PDS for further information. If you have any
questions, please speak to one of our Motor Enthusiast Underwriters at the Shannons
stand or call us on 13 46 46
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