[sukhi29]

Hi,

does anyone have any idea about high risk insurance? It is one of the rally requirements.

1) Do we need to buy it for whole year (very high premium probably) Or we can get it for rally periods (anything between 3-15 Days)?

2) Is it required only for rider/driver or for the vehicle as well?

[sudev]

Sharing my take:
1. You can only ask this as extension of existing policy.
2. Mostly the private insurance companies dither in issuing such policies.
3. You can take it as additional cover for short period of time.
4. This is also know as table III or high risk cover.
5. Best is to get you basic policy from a company like National or Oriental and ask for special cover for the period of rally plus two days either side.

When it comes to claim settlement - and I have been through one - any sticker (rally / competition) on the car is grounds for voiding your claim unless you have high risk cover. In this case do not attempt to remove any sticker or anything.

Also you can ask for higher IDV than your vehicle model year on account of additional things done / fixed to the car.

[speedmiester]

Originally Posted by sukhi29

Hi,

does anyone have any idea about high risk insurance? It is one of the rally requirements.

1) Do we need to buy it for whole year (very high premium probably) Or we can get it for rally periods (anything between 3-15 Days)?

2) Is it required only for rider/driver or for the vehicle as well?

1. Rally cover insurance is required for the duration of the event. This is an additional rider to your existing policy. Very few PSU insurers provide this cover, best bet is Oriental, National or New India. Premium cost would be around few hundred bucks for the duration of the event.

2. The rally cover insurance is only for the vehicle. For the driver/co-driver/rider, you will require personal accident insurance for a sum of 2 lakh rupees under high risk category. Again only the above PSUs provide this insurance cover. This is an yearly policy and will cost around Rs. 600/-

[killjoy]

I think it is now 5 lakhs PA for Raid and Desert Storm

[akshay4587]

Originally Posted by sukhi29

Hi,

does anyone have any idea about high risk insurance? It is one of the rally requirements.

1) Do we need to buy it for whole year (very high premium probably) Or we can get it for rally periods (anything between 3-15 Days)?

2) Is it required only for rider/driver or for the vehicle as well?

There are two types.
One for the vehicle, and the other for the driver/Navigator.

1)One for the vehicle is valid for the duration of the event.
2)High risk accidental insurance for the individuals i guess is valid for a year and so on, till the time you keep paying its premium.

I had participated in RRR 2015, and all these were mandatory.
The normal accidental insurance i had was not applicable in this case.