NBRA Insurance

[kampenracing]

I will not put this in the APBA thread that is going on, but this is a response to Ed Hearn's comments about NBRA's insurance, If you dont know the correct information don't post the info. In the words of 14H, that we need to put up or shut up here is the link to our insurance which is posted on our website for all of the public to see.http://www.racenbra.net/uploads/nbra_brochure_2012.pdf

I am not an NBRA officer or director and have never been. I am just a member who is sick and tired of reading lies about our organization. If anyone needs to put up or shut up its the people who spread the lies to try to make their organization look better. I'm not posting this to try to steal away APBA members or clubs. I think we are doing great with what we have now. The club that I have been Commodore of for the last 15 years has put on three races so far this year and have averaged 90 entries per day in just 9 classes. I'd say we are doing great.

[kampenracing]

Insurance

I spoke with our insurance broker today and he told me that if you have any questions regarding NBRA insurance to call him directly on his cell phone, his name is Rick Felsen at Hawk Race Motor Sports Insurance, his direct cell phone is 516-449-1134. He knows both organizations policies very well and can tell you the differences.

[bill boyes]

Many APBA members know Mr. Felsen as he has attended many APBA Annual meetings in the past.

[Art K]

I will not put this in the APBA thread that is going on, but this is a response to Ed Hearn's comments about NBRA's insurance, If you dont know the correct information don't post the info. In the words of 14H, that we need to put up or shut up here is the link to our insurance which is posted on our website for all of the public to see.http://www.racenbra.net/uploads/nbra_brochure_2012.pdf

I am not an NBRA officer or director and have never been. I am just a member who is sick and tired of reading lies about our organization. If anyone needs to put up or shut up its the people who spread the lies to try to make their organization look better. I'm not posting this to try to steal away APBA members or clubs. I think we are doing great with what we have now. The club that I have been Commodore of for the last 15 years has put on three races so far this year and have averaged 90 entries per day in just 9 classes. I'd say we are doing great.

And you know what we make money every year. We had enough last year to put together a state of the art crash boat this year. You don`t have to race 30+ classes a day to pay for a race or charge outrageous entry fees, and race from dawn to dusk. You can pay for the races if you have people that are willing to promote, and above all willing to ask for tow and prize money. But that will never happen if you continue to run 30+ classes. We are perfectly happy doing what we do. And if other drivers see our vision for racing. Come join the fun.

[14-H]

I will not put this in the APBA thread that is going on, but this is a response to Ed Hearn's comments about NBRA's insurance, If you dont know the correct information don't post the info. In the words of 14H, that we need to put up or shut up here is the link to our insurance which is posted on our website for all of the public to see.http://www.racenbra.net/uploads/nbra_brochure_2012.pdf

I am not an NBRA officer or director and have never been. I am just a member who is sick and tired of reading lies about our organization. If anyone needs to put up or shut up its the people who spread the lies to try to make their organization look better. I'm not posting this to try to steal away APBA members or clubs. I think we are doing great with what we have now. The club that I have been Commodore of for the last 15 years has put on three races so far this year and have averaged 90 entries per day in just 9 classes. I'd say we are doing great.

Since when is asking a question, spreading lies? I said I didn't know what kind of coverage NBRA had and I was asking about it.

BTW: this is decent coverage but it is not as good as APBA's. When APBA had coverage through K&K it was $5 Million per occurrence, not $2 million. We still have $5Million per occurrence but with a different company now.

How much does insurance cost for an NBRA weekend event? I couldn't find that on NBRA's website. That information is on APBA's website.

[kampenracing]

Insurance

The clubs pay $1,250 per weekend and NBRA gives the clubs back $200 to help. I guess I just get mad when people assume the wrong info and put it on a public forum. I also take offense at the put up or shut up comment, I have posted this link here before and it has been on the website for at least 2 years. Not one time did I say that NBRA insurance is better or worse than APBA.

[14-H]

The clubs pay $1,250 per weekend and NBRA gives the clubs back $200 to help. I guess I just get mad when people assume the wrong info and put it on a public forum. I also take offense at the put up or shut up comment, I have posted this link here before and it has been on the website for at least 2 years. Not one time did I say that NBRA insurance is better or worse than APBA.

Mr. Kampen: The put up or shut up was not directed to you. But, with all due respect, a coverage brochure (which is what is posted on the NBRA site), is not the same thing as reading the actual policy of insurance. But I can tell from what I do read in the brochure that it is likely much better coverage than what AOF used to have (or still has, if I read Carl Staron's post correctly).

[14-H]

The clubs pay $1,250 per weekend and NBRA gives the clubs back $200 to help. ***.

Just for comparison purposes: this is 1/2 the cost of APBA's coverage for an outboard event for 2/5ths the amount of coverage.

However, when you factor in that APBA's policy provides 4 times the amount of medical insurance, the APBA package is a much better deal (assuming you can afford it).

[kampenracing]

Races

What does it cost to put on an apba race? Just insurance and sanction cost?

[14-H]

What does it cost to put on an apba race? Just insurance and sanction cost?

See the other thread. There is a good comparison.

[Staron]

Sounds to me like there is no best answer to insurance. Each organization has it's pro's and con's concerning insurance. If we were buying cars, APBA would be buying a Hummer: NBRA a Midsize SUV, and AOF a beat up old Ford Van. They all get us to the race and on the water. AOF's insurance (Ford Van) would probably get you to more races, but not with all the luxuries. We would probably have to open a window cuz we have no air. In the end, we all get to race.
Too bad APBA or someone doesn't have a tier option for a club to chose for insurance. After all, sometimes you don't need the air conditioning.

[kampenracing]

Insurance

Is apba 5 million dollar coverage per occurrence or per day, NBRA insurance is 2 million per occurrence meaning that if there are 4 accidents at 2 million per accident it will pay out 8 million, I've been told that APBA is 5 million total per day.

[thetrailergod]

I have been quiet for to long on this subject, here we go again, whos got the biggest, or my dad can beat up your dad stuff, its like a bunch of 10 yr olds, when it come to this insurance crap. here are the facts of the whole thing, our insurance has a annual rate , just like any auto policy, it takes about 10 NBRA races to fullfill the premium, this is broken down based on 10 races per year, hence the $1200 per event, We can add more than $2 mill in lialibality for somewhere around $1,000 per year per mill. but at this time We The NBRA are happy with what we have, but may elect higher limits at our november meeting. but with this policy, higher limits would mean higher costs based on the 10 races we usually have, but if you think about it really hard, if there were 20 races in the NBRA then the cost per event would be 1/2 of what we are paying now, So hows that work? mmm got wonder where all the $$$$ goes. We have only 13 total classes and as Keith has pointed out, close to 90 entries at most all events , so do the math 25x90 pays the tab with extra, So heres the deal you can go race and pay all the extra $$ per entry for nothing with the other guys, or come racing with NBRA , prize and tow money, fun times , full feilds for $25 per day . O by the way did I mention that we have ran off 30 heats of racing in 3 hrs and had a 20 min intermission?? most times start at noon done at 5 ??

[Staron]

Jeff, I so agree with you. NBRA is happy with your coverage. AOF is happy with ours. APBA has a problem and is dragging us into it. If they want to pay those absurd costs to race, then let them.
It looks like there are a few who are taking a stand. I sure wish they would stand on their own podium and not drag us into it.

Carl.

[Dave M]

Suggestion

Instead of playing with measuring tools on this thread, pick up the phone and call Hawk Insurance. As Bill Boyes pointed out, he is very familiar with APBA Insurance coverages, and has attended APBA National Meetings. Hawk can also give you a line item by line item coverage policy if you wish.

NBRA is far more than simply an insurance policy. I guess you have to be there to understand it. And to be honest, I think APBA needs to stay APBA and work out your own issues. We don't need a lot of extra issues coming over.