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Life Insurance for Motorcycle Drag Racing

Is Life Insurance for Motorcycle Drag Racers Hard to Get and Expensive?

The answer is, absolutely not! If you are active in motorcycle drag racing or dirt track racing. Youlife insurance for motorcycle racers photo probably know that this is considered a hazardous sport by the life insurance industry. Life insurance for motorcycle drag racers is readily available and it costs less than you would ever believe. Many times it does not cost a penny more!

This also holds for 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 situation when it comes to purchasing life insurance.

Some people believe that finding life insurance for motorcycle drag racing is going to be hard to get and expensive. Nothing could be any farther from the truth. Motorsports racing is our specialty and I have been involved in drag racing for many years myself. Don’t worry, you’re in good hands!

Motorcycle drag racing rates will depend on these main questions:

Type of Motorcycle –

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

Racing Classification –

What classification of motorcycle racing you are active in such as Motocross, Supercross, Pro Stock, or Nitro drag bikes for example. It helps to tell the underwriters how safe or hazardous your involvement in motorcycle racing is.

Top MPH –

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

Type of Fuel –

The type of fuel you run on your bike will affect your rates because Top Fuel and Top Alcohol classes will usually spell a higher-performance motorcycle than just gasoline.

Experience –

Naturally, the life insurance companies put a little emphasis on 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 motorcycle you have or how fast you go, you can still get life insurance at very affordable rates. Many applicants involved in motorcycle drag racing are issued preferred rates as if they do not even race at all.

Flat Extra Fees

Depending on your specific information concerning driving your drag bike. A life insurance company may add a flat extra charge to your base premium to cover the added risk of motorcycle racing. This would be in the case of a more volatile class of racing such as high-speed bikes 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 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, your rates may or may not be affected. This will always 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 applicant’s rates can also be affected if he has a dangerous occupation also. Having a dangerous occupation or a hazardous sport or hobby can have the same result when you apply for your new life insurance policy. 


Working with an independent agent

I always recommend buying your life insurance through an 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 than using a captive agent like State Farm and only having one company to choose your 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 every time. You can use of instant quote rating system to get a good idea of 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 motorcycle racers compared side-by-side in less than a minute.


What type of life insurance should motorcycle drag racers consider applying for?

To cut through all the tire 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 for motorcycle drag racing is not a problem at all. There are several excellent companies we work with that will approve your application with preferred rates as long as you are in decent health. 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 set up 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.