ASA RACING BECOMES FIRST TO OFFER INSURANCE PROTECTION ON-AND-OFF THE RACETRACK

For Immediate Release

 American Speed Association PR

 

ASA RACING BECOMES FIRST TO OFFER INSURANCE PROTECTION ON-AND-OFF THE
RACETRACK

 

DAYTONA BEACH, Fla. (December 13, 2007) - "The USA quite rightly leads the
world in many, many fields, but sadly highway safety is certainly not one of
them," said Eddie Wren, executive director of Drive and Stay Alive, Inc. on
their web site. And with a reported 6,328,000 highway accidents*, Wren can
easily backup his claim.

 

Certainly, some of these accidents must have involved a racer or team
heading to or from the racetrack. And while every sanctioning body can claim
some level of insurance protecting these competitors during an event, only
the American Speed Association now offers protection while traveling to and
from an ASA-sanctioned competition.

 

"The ASA insurance policy has always been head-and-shoulders above anything
else available in short track racing and I am very excited that we can take
another innovative step forward in protecting our members by covering them
on-and-off the racetrack," said Dennis Huth, president of Racing Speed
Associates which owns the American Speed Association. "They can take comfort
in knowing they now have an additional level of protection from the time
they leave their home right up to the time they pull back into the driveway,
if they follow the basic tenets. The ASA is the only sanction to offer this
unprecedented level of coverage and this is just another example of our
continually working to improve the state of short track racing across the
United States."

 

ASA members in good standing will be eligible for a $500,000 Excess Medical
Benefit as well as a $20,000 Accidental Death and Dismemberment Benefit.
Coverage for the member begins while traveling to a location promoting an
ASA-sanctioned event and continues until arrival home again, assuming the
basic guidelines are followed and no exclusions, such as drinking and
driving, are violated. Complete details on the program, including all the
listed exclusions, can be found online at
http://www.asa-racing.com/story.asp?StoryID=7552.

 

"We are really proud to be associated with the American Speed Association
and bring such a unique program to the membership," said Don DeWitt,
executive vice-president of WSIB Motorsports Insurance. "I have been able to
work with Dennis and really see how he thinks outside of the box when it
comes to taking care of the ASA membership. This new insurance policy to
protect members on-and-off the racetrack is another example of leading the
industry and setting new standards. We are extremely fortunate to have our
partner carrier, Federal Insurance Company a member company of Chubb Group
of Insurance Companies, work with us so closely to arrange this unique
motorsports program"

 

ASA members can rest assured that their coverage on the racetrack won't be
diminished by the announcement either. The ASA insurance program, always
noted for its excellence, affords track operators the ability to purchase
general and excess liability, automobile, an expanded ASA-exclusive $500,000
participant accident medical, workers compensation and health insurance.

 

The ASA insurance is available to those involved in the ASA Member Track,
Regional and National Racing programs. 

 

The ASA Member Track program is comprised of 27 short tracks around the
United States, as well as a variety of regional and national touring series.
For more information, call (386) 258-2221 or send an e-mail to
info@asa-racing.com. For news and information from all the racetracks and
tours involved in the ASA, visit  <http://www.asa-racing.com/>
www.ASA-Racing.com. 

 

*Accidents reported in 2004, according to US Department of Transportation,
Research and Innovative Technology Administration statistics.

 

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For more information, contact:

American Speed Association

 (386) 258-2221

info@asa-racing.com