Collector and classic car insurance
Our deep knowledge of cars and their owners lets us offer you better classic car insurance coverage for less.
Benefits of Hagerty’s car insurance
Guaranteed Value® coverage
In the event of a covered total loss, you receive every cent of your car’s insured value.* No depreciation. No messing around. No hassle.
Our policy allows occasional pleasure use with no fixed mileage restrictions.** With Hagerty, you can go for a weekend drive, take your vehicle up to the local ice cream shop or attend unlimited events and cruises.
Expert Claims Handling
Our in-house parts specialists can help you track down replacement LKQ, OEM, or NOS parts—if they’re out there, we’ll find them.
You’ll save money
Because we specialize in collector car insurance, our premiums are up to 39% lower than daily driver insurance.***
Unparalleled service and knowledge
We know collectible cars, so you deal with real people who understand your car and your needs.
Frequently asked questions
What is the difference between agreed value and stated value insurance coverage?
An agreed value policy—the same as Hagerty’s Guaranteed Value policy—guarantees that you will receive the full insured amount of the vehicle (with no depreciation, and including all sales taxes), in the event of a covered total loss.
In contrast, a stated value policy (sometimes called “stated amount” or “maximum limit of liability”) gives the insurer the right to pay you either your vehicle’s depreciated cash value amount or the cost to replace your vehicle—and they’ll choose the lower of the two amounts.
How is classic car insurance different from regular car insurance?
Classic car insurance offers some key benefits compared to daily driver or “regular” insurance.
We understand your car is a prized passion and will be driven with great caution, so we adjust the premiums accordingly—39% lower on average than daily driver insurance. With a daily driver insurance policy, your classic may be rated like a regular-use vehicle, and you’ll be charged as if you were driving the vehicle every day.
More commonly known as “agreed value” coverage, it means you tell us the value of your classic and we’ll affirm that it’s a fair, accurate number. Then, we guarantee that value will be paid to you in the event of a covered total loss. Regular car insurance carriers offer “actual cash value” or “stated value” coverage, which may depreciate the value of your vehicle in the event of a claim, resulting in a smaller payout than you anticipate.