The WDRA’s mission of reducing operating costs for member tracks continues with a new program introduced to the sport.
NORWALK, OH: The World Drag Racing Alliance (WDRA) announces the launch of a new insurance provider option aimed at helping member racetracks navigate the expensive world of insuring their facilities. Crafting a specialty program alongside Laris Motorsports Insurance has been a goal for drag racing’s newest sanctioning body from the start.
“We are proud to welcome a familiar name to our track insurance program,” said Skooter Peaco with the WDRA. “Laris Motorsports Insurance, who has been a WDRA partner from the very beginning, will now extend its expertise into the track benefits program with the launch of their track insurance offerings.”
Racetracks will now have the opportunity to receive quotes from Laris Motorsports Insurance in addition to WDRA’s other insurance providers. Adding another option to the mix will allow tracks to carefully consider the best route for their business and add another element of stability to all the work that goes on behind the scenes.
Peaco explains, “Track insurance is a huge expense and one that tracks struggle with annually. We have put together an outstanding insurance program, which most people don’t understand is crucial to making our sport work. Making sure there continues to be a market for insurance providers is critical to our sport’s longevity. That ties into having member tracks with facilities up to standard, having fire and rescue capabilities, and all of us doing our part operationally to keep the safety of our racers and guests as our top priority.”
“The Laris Motorsports family is a racing family, and it’s important to us to provide resources to improve the sport,” said Holden Laris. “We understand the challenges racetracks face and are ready to help make them more successful.”
The new program will also call upon long time motorsports insurance veteran Joe Trull and Coaction Specialty to oversee and underwrite the program. “Joe’s extensive knowledge and experience overseeing drag racing facility insurance throughout his career will be invaluable to providing stability to the new program,” said WDRA’s Jon O’Neal. “Pulling all these resources together will ensure WDRA tracks have a great option and only compliments our efforts to take care of our tracks.”
For more information about Laris Motorsports Insurance, visit their website at www.larismotorsportsinsurance.com.
About WDRA
The mission of the WDRA is to provide value as a sanctioning body to racers and facilities through process modernization, unparalleled service, and value-driven partnerships. For more information, visit our website at www.racewdra.com.
About Coaction Specialty
Policies are underwritten by the insurers of Coaction Specialty Insurance Group, Inc., which includes New York Marine and General Insurance Company, Gotham Insurance Company, and Southwest Marine and General Insurance Company. Policies may not be available in all jurisdictions. Actual coverage is specified in the policy issued.
About Laris Motorsports Insurance
The Laris Insurance Agency is a fourth generation South Louisiana multiline insurance agency. For the last 30 years the Laris family has spent much of their spare time doing and thinking about one thing . . racing! Laris Motorsports Insurance is a marketplace of various coverages with the special South Louisiana touch that has become a hallmark of the Laris name.
