Life Insurance for Race Car Drivers

Is life insurance for race car drivers obtainable?

Yes, life insurance for race car drivers can be obtainable. One of the most important keys in finding life insurance for race car drivers is to use an independent life agent who handles special risk life insurance.

Fortunately, you have come to the right spot. Finding affordable life insurance for race car drivers may seem impossible. But, if you have an experienced broker  that knows the right questions to ask, life insurance for race car drivers can be secured.

What information is needed when looking for life insurance for race car drivers?

Life insurance underwriters will want to know the type of car, speeds and how long you have been racing among other factors.

Below are the typical questions that underwriters will need answered before considering if an offer can be made on life insurance for race car drivers:

  • Do you hold a competition driver’s license from any organization? If so, need list of organizations.
  • Have you ever attended any type of driver’s school? If yes, name of school.
  • How long have you participated in racing? Date of last race? Where?
  • Over what type of track or course do you race?(dirt, oval, simulated road, off road, etc.)
  • How far do you travel to race?
  • Have you ever competed, or do you intend to compete outside the United States? If yes, where?
  • Do you intend to enter a new class of competition? If yes, need details.
  • Have you ever done, or do you intend to do, any stunt driving?
  • Is racing your full time occupations?
  • Do you compete on a traveling circuit? If yes, which one?
  • In which racing categories have you participated or plan to participate in the next two years?

All terrain vehicle? Auto crash: (dive bomber, roll over, T-Bone, demolition, Prostock or other)

Drag Racing: (Top Fuel Dragster, Top Alcohol Dragster, Pro Stock or other)

Kart: (Formula Kart Experimental, Sprint, Enduro,) mph?

Midget? mph?

Off Road:Desert(Baja) or other?

Sports Car:

Formula: Formula 1, Atlantic, Continental, Ford, Vee, 440?

Grand Touring: GT-1, Trans-Am, GT-2, GT-3, GT-4, GT-5, other?


Production: E, F, G, H or other?

Rally: Pro Rallying, Other?

Showroom Stock: SSGT, SSA, SSB, SSC, or other?

Sports Racing: ASR, Can-Am, CSR, DSR, Sports 2000, Sports Renault or other?

Sprint Cars: USAC Sprint Car or other?

Stock Cars:(Nascar/IMSA) Nextel Cup, Winston West, Busch Grand National, Modified Division, USAC Super Modified, Grand American, All American Challenge, Charlotte/Daytona Dash, Late Model, Chargers, ProFormance/Pro Stock Sedan, American Challenge, Street Stock or other?

Name of organization sanctioning races? Is this a local or national organization or not sanctioned?

The underwriting company will want to know which category of racing you do and also the number of races you have run within the last 12 month and how many you plan to race within the next 2 years.

In addition, they will want to know the max speeds attained and how many miles per race.

Along with the information regarding the racing ,other information will be needed in order to provide the lowest quote on life insurance for race car drivers. This information includes:

  • Sex of insured
  • Date of birth
  • Any tobacco use within 5 years? If so, what type?
  • Death Benefit amount 
  • Plan of Protection
  • Any past or current medical history or current medications?

How do I know that I have the best offer?life insurance for race car drivers

Once the above information is secured, your broker can then do the legwork of shopping the best carriers that offer the most affordable coverage on life insurance for race car drivers. Again, it is vital that you only work with a specialist who knows the best companies to talk to.

To save time from having to apply for coverage with multiple insurance carriers, your broker will speak to several different insurance companies.

The broker is invaluable when trying to obtain the lowest rates in the marketplace. It is the broker’s job to secure the best offer.

After speaking with multiple companies, your broker will come back to the client and explain the best offers from each carrier. At that time, rates will be presented based on the information obtained from the client.

These rates are tentative and must still be approved once full medical underwriting is complete. But, on most occasions unless their are some surprises on the medical exam, lab testing or MIB report the tentative offer usually holds.

Will I have to pay a higher premium since I race cars?

Typically, with ever thing else being equal you will pay a higher premium over someone who does not do racing. How much more is hard to say. Since all cases are looked at individually and again are based on the type of car, speeds, experience, etc.

It is important to remember that if you stop racing, and have had no other material changes in health or activities, you can request that any additional premium added to your policy for racing be removed.

So, if you are in the market for life insurance for race car drivers and would like to see what options are available, I urge you to contact us at 1-888393-9003 or






For a FREE quote

Call, text, email or fill out our instant quote form:

Call: 678-207-8160
Text: 678-207-8160
Instant quote form: Click here

How can I help?

Mike Raines

I am an independent life insurance agent with over 30 years’ experience. I am an expert in finding coverage for those with past or current medical history such as heart disease, diabetes, post cancer, etc. I also specialize in those that participate in scuba diving, mountain climbing, private pilots, etc. I work with the best life insurance companies in the nation, such as Prudential, AIG, Protective Life, Transamerica to name a few. Each carrier has different opinions on rates and underwriting, and it is my job to match you with the best company. To do that, I need to ask you a few questions about your health and lifestyle to qualify you.

For a FREE quote, call, text or email:

Call: 678-207-8160

Text: 678-207-8160


Mailing Address:
3482 Keith Bridge Road Suite #125
Cumming, GA 30041


I contacted Mike for advice with life insurance. I had recently left a large firm (where I had life insurance coverage as part of compensation package) to start my own company.  Therefore I needed to self fund my life insurance.  Because of some past health issues I figured I may need to do extra tests to validate my current excellent health status and insurability.  Mike was great to work with, knowledgeable about how underwriters view things, how they will want lots of data from my doctors, and he explained the normal full battery of new tests and data as well as additional or special tests they might want based on my history.  He helped me through the valley to the other side of the life insured promised land for $500K term policy with a duration that meshes well with my retirement date/options and coverage for my family if needed. I highly recommend Mike with Special Risk Term.  He can help you too, so call or email today.

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Mike and his team made the entire process from start to finish very seamless and also overcame the task with us being multiple states apart with ease. With the easy process and very competitive priced insurance for high risk athletes, you have no need to look anywhere else for coverage. Thanks to Mike and his team for all they did and I highly recommend them for your Special Risk Life Insurance needs.

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Mike was extremely helpful in locating a life insurance company that would accept a preexisting condition at a reasonable price. He saved time by submitting health records to several companies for a quick preview then following up with the one who offered the most reasonable premium. He knows which companies are most likely to accept certain conditions. Throughout the application process Mike was very quick to respond to e mails and phone calls. We highly recommend Mike if you need life insurance and have a preexisting condition.

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Mike and Special Risk Term are absolutely top shelf! I was worried that I would not be able to get term life insurance to protect my family, or that the costs would be exceedingly high.

Mike knew the industry inside and out and knew which companies would provide the best options. He coordinated with the underwriters to get the job done and get me an affordable plan, and kept me updated throughout the entire process. Not to mention he did it all electronically in the age of COVID without ever having to meet in person. Highly recommend. Excellent service and expertise!

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As part of the process of buying a new business, I needed life insurance. However, my congenital heart defect made agents squirm over the phone. Then I found Mike, who not only understood my situation, but found two solutions for me. Within a week, I had confirmation of an AD&D policy and a Term Life policy…all at very reasonable rates. The sense of relief can’t be underestimated. Thank you, Mike!

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Best rates and best service I have ever received.

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It’s not easy to find life insurance with a chronic condition such as crohn’s disease which is why I greatly appreciated having Mike on my team. Mike is responsive, patient, professional and indefatigable- all things you need when you’re looking for a competitive policy. Knowing my family will be taken care is not only a relief but a huge confidence boost and I’m thankful Mike works in the special risk insurance arena. I would absolutely work with him again. Thank you Mike!

- Bobby from Washington D.C.

We work with individuals across the nation to secure the best life insurance rates.

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