Insuring Motorsport in a Challenging Landscape

Reis Motorsport Insurance - REIS Motorsport Insurance

The insurance market for motorsports has faced significant challenges in recent years. Increased premiums, supply chain disruptions, skill shortages in the repair sector and rising claim costs and inflation have made it difficult for enthusiasts, teams, and businesses to secure adequate coverage.

There are some signs of the insurance market softening, helped by reduced inflation, this should result in annual premium rises being more in line with current retail price rises. There are still significant challenges around finding Insurance companies with an appetite for motorsport which despite significant improvement in safety, still sends most Insurers and Reinsurers running for the hills!

Here at Reis Motorsport Insurance, we’re a leading motorsports insurance broker, committed to navigating these challenges and providing tailored solutions. Our expertise, industry connections, passion and dedication for motorsport has enabled us to secure Event Road Section insurance for rally competitors and events, plus launch an innovative new multi-vehicle policy for enthusiasts.

By choosing Reis, motorsport businesses, teams, competitors and events can benefit from:

  • Comprehensive coverage where we offer a wide range of insurance options to protect your vehicles, team, and personal assets.
  • Tailored solutions from our experienced team, who absolutely understand the unique needs of the motorsports industry providing customised cover.
  • Access to a network of trusted insurers to secure competitive rates, flexible terms and fit for purpose cover.

Don’t let a challenging financial environment hinder your passion for motorsports. Contact the Reis team today ([email protected]), or call 0115 965 1020 to discuss your insurance needs and to discover how we can help you stay protected.

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