Carriers on the Road

[chris vickery]

Jordan, I understand your fears and concerns on this one. The problem with this situation is pretty simple.

You can call your vehicle whatever you want, provide whatever documentation to back up your claims etc, BUT, remember, insurance companies are slimey, greedy bastards that will do ANYTHING to weasel out of paying a claim. Give them one reason to deny a claim and you could end up in hot water very quickly. It could be as simple as them saying that you were fraudulent in your representation when applying for coverage and voila, no $ and perhaps a heafty lawsuit from the family of the kid you ran over.

This is one reason that one needs to really do the homework and try to be as honest as possible. The only other way I heard of tracked vehicles being insured was something called "self insurance". Many large companies do this in order to facillitate coverage that would either be a) too expensive or b) not available. From what I understand, a company or individual would post a bond, held in trust in order to pay damages in the event of injury or lawsuit. Many large trucking and construction businesses do this because the costs of individually insuring each vehicle would be so huge that doing business would be impossible.

What us mv owners need is for a company to offer up a coverage program to fill our needs in order to be properly and legally covered. Of course another step would be to convince the MTO to accept tracks into their licensing program but I am sure that the bureaucracy involved will limit the chances of this ever becoming reality.