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Imagine this: Hulk Hogan's son gets into a terrible accident while racing his dad's car. 🏎️🏁 The passenger is seriously hurt. 🤕 The Bolleas think their auto insurance will save the day, but there's a catch – their insurance might not cover racing! This Insurance Agents & Brokers article dives into the murky world of auto insurance exclusions for racing. It's not as simple as "racing bad, no coverage." Different policies have different rules, and some are stricter than others. The author, Bill Wilson, an insurance pro, analyzes three standard exclusions: 1) Exclusion Zone: ⚠️🚦This one only kicks in if you're racing inside a fancy racetrack, which is not precisely a risk for most. 2) Organized or Not?⚠️🚦This exclusion applies to professional racing and any "organized" events. If it's a casual street race with your buddies, you might still be covered (depending on the policy wording). 3) Watch Out for Spontaneous Speed Demons!⚠️🚦This exclusion is a bummer because it includes unplanned races, like deciding who could get to the next light the fastest. 🔑The key takeaway? Don't be fooled by price tags alone!💰When shopping for insurance, understand the fine print, especially if you have a lead foot or a teenager needing speed. Remember, the cheapest policy might leave you hanging if things go wrong.🦥 https://lnkd.in/ev_cw_qk #cars #finances #insurancetips