PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) -- RLI Insurance Company announced today that it has launched a new high performance driver’s education event insurance product, RLI Track Day™.
RLI Track Day provides personal vehicle insurance coverage to drivers who participate in on-track high performance driver’s education (HPDE) events. In addition to protecting drivers’ personal vehicles from physical damage, RLI’s Track Day insurance includes an agreed value policy, time trial coverage and coverage for vehicle modifications such as custom paint jobs and body kits. Drivers can obtain insurance online through the Track Day website at www.rlitrackday.com.
“We’re pleased to introduce RLI Track Day to serve the growing HPDE market,” said RLI Insurance Company President & COO Craig W. Kliethermes. “This product offers high performance drivers competitively-priced insurance for HPDE events, which most standard auto policies don’t cover. Our experienced underwriters have been providing HPDE coverage for nearly a decade, and our claims expertise coupled with superior customer service means high performance drivers couldn’t be in better hands.”
RLI Track Day coverage is currently available in most states on a single-event policy basis.
RLI Corp. (NYSE: RLI) is a specialty insurer serving diverse, niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by A.M. Best Company, a distinction held by fewer than 10 percent of property and casualty insurance companies in the U.S. RLI has paid and increased dividends for 40 consecutive years and delivered underwriting profits for 20 consecutive years. To learn more about RLI and its 50-year history of financial strength, visit www.rlicorp.com.