Dover and ISC offering insurance policy on NASCAR tickets
This is the second motorsports deal in the last month for World Access, which reached a similar agreement with Dover International Speedway. The insurance company offers insurance for customers of ticketing agencies, credit-card issuers, travel agencies and employers, among others.
Through its deal with ISC, consumers who purchase tickets to events at ISC tracks will have the ability to also buy insurance on the ticket, which will allow the fan a refund on the cost of the ticket as well as any tax and shipping fee. The insurance will be referred to as the Event Ticket Protector.
"Through this partnership, we can offer fans additional peace of mind with their ticket purchases," said Roger VanDerSnick, ISC's senior vice president of marketing and business operations.
A consumer would be eligible for a refund for missing an event because of unforeseen circumstances, such as medical issues, traffic accidents, jury duty or other covered reasons. A fan also would be eligible for a refund if a race is postponed because of weather and the fan cannot attend the make-up date.
Terms of the arrangement were not available. Cost of the insurance was not released, but in its deal with Dover, the insurance costs 5 percent of the total purchase, or a minimum of $6.25.
07/13/07 Dover Int’l Speedway (DIS) is offering an insurance policy guaranteeing a full ticket refund to fans if they cannot attend an event rescheduled due to weather. The policy is available for 5% of the total purchase price, with a $6.25 minimum. The track is the first facility hosting NASCAR races to offer the insurance, which can be used for all Nextel Cup, Busch , Craftsman Truck and Busch East series events at DIS. Richmond-based World Access is providing the coverage (DIS). Fans with tickets to the Nextel Cup Dover 400 in September or any of the accompanying races can apply for the policy beginning later this month. Wilmington NEWS JOURNAL