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Life Insurance for Drag Boat Racers

Applying for Life insurance for drag boat racers is like falling of a log! 

If you participate in drag boat racing or any other form of boat racing events. You probably know by now this islife insurance for drag boat racing photo considered a hazardous sport by the life insurance industry. Life insurance for drag boat racers is readily available and it costs less than you would probably believe. Many times it does not cost a dime more!

This also holds true for the auto racing motorsports. Which would include NHRA drag racing and oval track classes such as NASCAR stock car racing and various others. All these drivers are in the “same boat” when it comes to purchasing life insurance products.

Some people believe that finding life insurance for drag boat racers is going to be hard to get and expensive. Nothing could be any farther from the truth. We also help NHRA drag racers, motorcycle racers and stock car racers on a regular basis. This is our specialty and I personally have been involved in drag racing for many years myself. Don’t worry, you’re in good hands!

Your rates will depend on these main questions:

Type of Boat –

The type of boat you race will one of the factors life insurance companies will consider. As you know some boat designs are safer than others and have statistics to show more or less accidents on the water.

Racing Classification –

What classification of drag boat racing you are active in such as Blown Alcohol or Blown Nitro for example also is a concern, It basically helps to tell the underwriters how safe or hazardous your involvement in boat racing is.

Top MPH –

The maximum speeds you experience in your drag boat are a vital piece of information. Common sense will tell you that the faster your boat, the greater the odds of having a fatal accident one day.

Type of Fuel –

The type of fuel you run your boat on will have an affect on your rates due to the fact that Top Fuel and Alcohol classes will usually spell a higher performance boat than just gasoline.

Experience –

Naturally the life insurance companies put a little emphasis of your level of experience. The more experience you have the better along with any driver training classes you may have taken. Also how many times you race in a given year is taken into consideration.

Regardless of what type of boat you have or how fast you go, you can still get life insurance with very affordable rates. Many drag boat racers are issued preferred rates as if he did not even race at all.

Flat Extra Fees

Depending on your specific information concerning driving your drag boat. A life insurance company may possibly add a flat extra charge to your base premium to cover the added risk of drag boat racing. This would be in the case of a more volatile class of racing such as high speed boats running alcohol or nitro. A flat extra charge would be a dollar amount such as $2.50 per every $1,000 of coverage you apply for (for example). 

For example again, if you applied for a $100,000 term life insurance policy for 20 years that cost $750.00 per year. The flat extra charge would be $2.50 x 100 which would break down to $250.00. Your base premium is $750.00 and your flat extra is $250.00 for a grand total of $1,000.00 per year. Don’t worry about flat extra charges because many of the companies we use very rarely even use them! I just wanted to let you know they exist.


Health History

Your overall health history is more important than anything else when you apply for life insurance. If you have any health conditions, you rates may or may not be affected. This will alway depend on the type of health conditions you may have if any.

Your health will determine what health classification you will be placed in. The healthier you are, the lower your rates will be. 

An applicants rates can also be affect if he has a danger occupation also. Having a dangerous occupation or a hazardous sport or hobby can have the exact same result when you apply for your new life insurance policy. 


Working with an independent agent

I always recommend buying your life insurance through a independent agent such as myself. Independent agents are also known as brokers and they can shop the entire market for you. This is much better that using a captive agent like State Farm and only having one company to choose you life insurance from. Most captive agents don’t even offer life insurance for people with hazardous sports or occupations.

We work with over 40 of the highest rated life insurance companies to make sure our clients get the lowest rates everytime. You can use of instant quote rating system to get a good idea what your options are along with your projected premiums.

Getting the very best rates involves your agent locating the one life insurance carrier that will offer you the lowest monthly premium. Choosing the correct company to apply with is extremely important.


Apply over the telephone

Applying for life insurance is now a snap because you have a quick and simple option to apply over the telephone. The days of long 25 page paper applications are now just a bad memory. 

You can review instant life insurance quotes for drag boat racers compared side-by-side in less that a minute.


What type of life insurance should drag boat racers apply for?

To cut through all the smoke, low cost term life insurance is going to be your answer. There are other options which I list below but they will all be more expensive. I would have to say that 95% of the people I talk to choose the very affordable term life insurance products. Here are all your choices available below with a link to the appropriate blog post on our website for more information:


In Conclusion

Wanting to purchase life insurance and at the same time drive a drag boat is not a problem. Their are a number of excellent companies we work with that will approve your application with preferred rates. If you would like to read some more useful information. Check out our let’s get started page, it is full of valuable information so you have a better understanding of life insurance and how to apply for it.

All the best,
Jack Venturi

 You can also setup a call at your convenience to get all your questions answered at no cost or obligation.

Jack Venturi Independent Life Insurance Agent

Jack Venturi

Independent agent and founder of

Jack Venturi has over 30 years of experience selling all forms of individual and commercial insurance including Property & Casualty, Health, Disability and Life insurance. Jack has helped thousands of people all across the United States purchase the best life insurance products at the lowest possible premiums over the phone (800)-897-5699 and online.