Save $244* on average and get agreed value insurance for your classic.
We know there are other options out there. But no one knows classic cars and their owners better than Hagerty. We know how you treat your classic, what it means to you, and the lengths you’ll go to protect it. So we offer classic car insurance and other great resources just for drivers like you—people who love classics as much as we do. Here’s how we do it:
Daily driver insurance policies may rate your classic as if it’s a regular use vehicle—you will be charged as if you are driving the vehicle daily.
Regular car insurance carriers offer “actual cash value” or “stated value” coverage, which may depreciate your vehicle in the event of a claim, resulting in a smaller payout than you anticipate.
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.
A regular car insurance carrier may not be able to source original parts from your car’s maker, instead using only aftermarket parts. They may also depreciate the vehicle’s value in the event of a claim, leaving you with a car that’s a shell of its former self.
Regular car insurance roadside coverage may not be offered or may not be able to guarantee a flatbed tow truck that can handle your classic with proper care.
Regular car insurance carriers may not understand the factors that determine a classic’s value (condition, market demand, scarcity, provenance, etc.), which may affect whether your classic is insured properly or how much you are paid in the event of a claim.
* Figure based upon 2022 consumer data collected by Hagerty on single car quotes, with premiums $5000 and under, from several daily driver (or "Everyday") auto insurance carriers.
** Any deductible and/or salvage value if vehicle is retained by you will be subtracted from the total amount paid. Guaranteed Value includes all taxes and fees unless prohibited by state law.
*** Membership by Hagerty Drivers Club (HDC), a licensed motor club and non-insurance subsidiary of The Hagerty Group, LLC. Roadside services provided by/thru Cross Country Motor Club. Only the HDC Program Guide contains a complete description of benefits.
Policies underwritten by Essentia Insurance Company. Hagerty determines final risk acceptance. Some coverage not available in all states. This is a general description of coverage. All coverage is subject to policy provisions, exclusions, and endorsements.
Hagerty Drivers Club, Guaranteed Value, and Hagerty Valuation Tools are registered trademarks of the Hagerty Group LLC, ©2021 The Hagerty Group, LLC. All Rights Reserved.