Collector and classic car insurance

Benefits of car insurance through Hagerty

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.

Flexible usage

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.

Hagerty Drivers Club^®

Hagerty Drivers Club is designed specifically for collector cars. It is a comprehensive 24/7 full service roadside assistance program for lockouts, battery jumps, tire changes, emergency fuel delivery and more—guaranteeing flatbed towing with soft straps.

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. Hagerty maintains an extensive list of resources for hard-to-find parts—ask our Carcierge®!

You'll save money

Because we specialize in collector car insurance, our premiums are up to 36% 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.

We care about our future

At Hagerty, we believe it is our responsibility to support organizations and initiatives that help make sure the vehicles we love—and the lifestyles that revolve around them—not only survive, but thrive, well into the future. We are dedicated to supporting car culture through our suite of Youth Programs and support of the RPM Foundation and Historic Vehicle Association.

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.

Lower premiums

We understand your car is a prized passion and will be driven with great caution, so we adjust the premiums accordingly—36% 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.

Guaranteed Value

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.

No fixed mileage

Our policy allows you flexible usage—with no fixed mileage limits. Even if you have full coverage through a regular car insurance carrier, there may be mileage and usage restrictions to control how and when your classic is driven.

There are several more benefits classic car policy holders enjoy, visit our Compare to Daily Driver Insurance section to see some more.