Page 45 - NM Spring_2021
P. 45

INSURANCE




                      for Drag Racers Racers
                      for Drag




         PART 2: AVOIDING & REDUCING LOSSES IN YOUR RACE CAR OPERATION


                                            Story by Bill Horton • Photos by Martin Libhart
          There are a number of ways to                                           seen it, or experienced it.  So, start
        avoid or reduce losses in your race                                       with the basics.  Make sure you
        car operation.  While it behooves                                         have metal valve stems.  Inspect the
        you to have property and liability                                        tires and valve stems at least several
        insurance for your operation, it’s                                        times per year for dry rot.  That
        best to avoid losses in the first                                         includes the back side of the tire!!
        place.  Every loss you have will cost                                     Check the tire pressure and lug
        you at least some money, even with                                        nuts…on every trip.  Be sure you
        insurance, not to mention your time.                                      have a GOOD spare, and the tools
        Insurance should be used as your                                          to change the tire.  Last, be sure
        last resort.                                                              you can see your trailer tires in your
                                                                                  mirrors, so you see a flat as soon as
          Having insured race cars for                                            it happens.
        almost thirty years, I’ve seen many
        losses.  We’ll look at some common     Towing accidents often start with    Other major causes of losses
        losses and how to avoid them, with   a flat tire.  I don’t have to tell you   are weather related.  For example:
        the emphasis on trailers and towing.  the damage they can cause; you’ve   hail damage, flooding and falling












































        SPRING 2021                               Nitro Madness Magazine                                          45
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