Cherished Salvage® coverage

In the event of a total loss, Cherished Salvage allows you to keep your car and still receive the full Guaranteed Value®.*

A gray illustration of a classic vehicle with its front bumper and hood severely damaged from an accident.

What is Cherished Salvage coverage?

At Hagerty, we know your collector vehicle is filled with years of love, work, memories and stories that can’t be replaced. That’s why if the worst happens—a total loss—we help you keep your car and still receive your full Guaranteed Value®.** No salvage value will be deducted from your final payment if you choose to retain your vehicle.

How do I get Cherished Salvaged coverage?

Cherished Salvage coverage is available for most of the vehicles we insure. To add Cherished Salvage to your policy or to learn more, contact Hagerty today. Note that pricing varies based on the value of your vehicle and is assessed as a percentage of the applicable Collision and/or Other than Collision (“Comprehensive”) coverage premium.

Questions about coverage?

*Coverage not available in NY.

**Less any deductible and/or salvage value, if retained by you. Guaranteed Value includes all taxes and fees unless prohibited by state law.

Insurance services administered by Hagerty Insurance Agency, LLC. Policies underwritten by carriers listed on the hagerty.com Disclosures page. Not all coverages are available in every state. All coverage subject to policy provisions, exclusions, and endorsements. Hagerty determines final risk acceptance.