OAMPS - Insurance Brokers - London  
  

Motorsport Insurance

OAMPS has a long history of involvement in Motorsport insurance, previously as Fairmont Motorsport Insurance.  We specialise in Public Liability insurance for Teams and Circuit Owners, Products Liability for manufacturers and engineering companies, and Personal Accident cover for drivers.

We operate schemes for driver's Personal Accident and Medical insurance, as well as Race Car & Trailer insurance, covering storage & transit for race cars, trailers and tools.

Below are details and an online proposal form for our Race Car & Trailer scheme. 

For other enquiries, please contact our Motorsport Division on 020 7929 6880.

Motorsport Insurance




Race Car & Trailer Insurance
Proposal Form

Please read all details and complete all required sections of the form before submitting.
We will reply to you as soon as possible with a quote.

Section 1 - Race Car Cover

All risks of physical loss or damage, to the insured race car whilst -
1. in storage in a locked garage
2. in transit to and from a circuit in the UK or Europe
3. at a circuit, anywhere in the UK or Europe

Section 2 - Trailer Cover

All risks of physical loss or damage to the insured trailer whilst -
1. in storage
2. in transit to and from a circuit in the UK or Europe
3. at a circuit, anywhere in the UK or Europe

Section 3 - Spares, Tools and Equipment Cover

All risks or physical loss or damage to the insured spares, tools and equipment up to a maximum value of £5,000 whilst -
1. in storage in a locked garage
2. in transit to and from a circuit in the UK or Europe
3. at a circuit, anywhere in the UK or Europe

Premiums:

Sections 1 & 2

Car valued up to £25,000 and:

a) trailer up to £5,000
b) trailer up to £10,000
c) trailer up to £15,000

£200.00 per annum
£258.00 per annum
£312.00 per annum


For Cars in excess of £25,000 or trailers in excess of £15,000, please complete the form below and submit to OAMPS for bespoke quote.

Section 3 - Automatically included within sections 1 & 2

All premiums inclusive of Insurance Premium Tax at 5.00%

Fees:

These fees are made in order to provide you with a first class service and cover administration costs for Race Car & Trailer Insurance.

We will apply an administration fee of no more than £15.00 for the set up of a new policy and every change we effect on your behalf. This includes renewals, and all mid-term policy adjustments including cancellations. In addition to the above, there will be a £15.00 fee if you misplace or lose your Certificate of Insurance or Cover Note, a £15.00 fee for the reissue of any policy documents for any other reason, and a £15.00 fee for payments not honoured by your bank. These charges will apply in addition to any charge levied by your insurer.

Main conditions:

1. An excess of £500.00 applies to each and every loss.
2. Trailers stored outside a locked garage are to be secured with a ‘sold secured' padlock and chained to a metal post cemented into the ground.
3. When in transit or at a circuit the vehicle and trailer are to be kept in a secure compound and must be fitted with a wheel clamp or mechanically immobilised.
4. The policy excludes damage to race cars whilst being driven under their own power or whilst on a race track, theft of tools from unattended / unoccupied vehicles and all liability in respect of use of vehicles where the Road Traffic Act or similar legislation applies.


This is an exclusively negotiated insurance product arranged by OAMPS Special Risks Ltd and underwritten by Lloyd's of London.

Click here to view our Policy Summary.

A full copy of the wording, terms and conditions is available upon request.

 

 
* Required fields
 
* Name
* Address
* Post code
* Tel
Fax
* Date of Birth
* Occupation
Description of your Motorsport Activities
Race car to be insured
 
Make
Model
Year
Registration No
Chassis No
Engine No
Market Value
Condition of Car
Details of any non standard or special modifications
Where car is stored
Full details of security at the garage
Trailer to be insured
 
Make
Model
Value
Chassis No
Where is it stored when not in use
what security devices are used
Spares, Tools and Equipment
 
Description of items to be insured
Sums Insured (Value)
Where are Spares, Tools and equipment store?
Previous Claims or Losses
 
* Have you or any person to whom this insurance applies suffered a loss to any vehicle, trailer or tools in the last 5 year, whether insured or not?
 Yes
 No
If Yes please supply full details
Declaration
 
* Declaration
  I / We hereby declare to the best my / our knowledge, that the statements made in this proposal form are true and complete and that I / we have not suppressed or mis-stated any material facts. I / we agree that this proposal and declaration, together with any information supplied by me / us shall form the basis of the contract between myself / ourselves and the insurer. I / we understand that completion of this proposal does not bind myself / ourselves or the Insurer to any form of insurance contract.
 
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OAMPS Special Risks Ltd is authorised and regulated by the Financial Services Authority. Our Financial Services Authority register number is 307958.
5th Floor, 40 Lime Street, London  EC3M 7AW  United Kingdom.  Tel: +44 (0) 20 7929 6880  Fax: +44 (0) 20 7929 6889  Email: