Nancy asked me to investigate what ICBC's "take" is on people having an accident while doing a track day, and this is what I have found out after speaking to a couple of different people at ICBC, one is a Claims Mgr and the other is high up the food chain in the Underwriting Dept. and this is what he had to say.
While I do not have all the particulars of the event in question, I am able to point you to the following Regulation and Optional Insurance contract wording, which should be given careful consideration by the BC Sportbike Association prior to engagement in any such event.
[I][B]Under Basic insurance, the relevant Regulation is found under Section 2 (1)(f), which essentially reads as "…the Act and this regulation do not apply in respect of…a vehicle being used in a contest, show or race, or in advanced or performance driver training, if (i) the activity is held or conducted on a track or other location temporarily or permanently closed to all other vehicle traffic, and (ii) there exists an element of race or speed test,…".
"Element of race or speed test" is further defined/clarified in Section 2(2), as meaning "…driving at high speed, and includes passing maneuvers, driving in close proximity to another vehicle or assessing vehicle limitations in speed, acceleration, turning or braking."
As for Optional Insurance coverage, you will find nearly the same wording at page 2 of the APG33, under Division 3 - General Terms and Conditions, 3.2 (e)(i)&(ii).
It is not our intention for either Basic insurance, nor Optional insurance to apply to situations involving such use of a vehicle.
Doug the claims chap I spoke to indicated that there somewhat of a loophole in reference to driver education and that some claims may have been paid, although that is not the intent.
So in a nutshell ICBC does not want to pay these claims as a rule and actually changed the Motorvehicle Regs so they could close the door, that being said a lot of it will depend on the adjuster at the time. Again I personally think if your going to take your bike to a track day, be willing to pay for the damage if it occurs.
Sorry I can't be more exact but hopefully this is clear as mud for all of you.