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hagerty

Get better classic car insurance coverage for less

Up to 36% lower on premiums, with an average savings of $264 less than standard auto insurance!*

Classic Car Insurance

At Hagerty, our love for cars and their owners drives our business forward, allowing us to offer you better classic car insurance coverage for less.

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Lower Rates

Standard car insurers cover vehicles driven daily. We understand that your precious classic is driven sparingly, so we can save you up to 36% on average.*

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Guaranteed Value

You tell us your classic’s value and we’ll confirm that it’s fair. In the event of a total covered loss, we guarantee that you'll receive the amount we agreed upon.*

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Flexible Usage

Cars are made to be driven. With Hagerty, you'll never be held to a fixed mileage limit — as long as you're not driving your classic every day.

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Expert In-House Claims

Our claims adjusters undergo training in classic car repair, and our parts specialists can access the original replacement parts for every vehicle we insure.

Questions? We've got answers

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”) does not promise to pay the full vehicle value that’s indicated or “stated” on the policy. With regard to a covered total loss, you may receive less than that stated amount, because the insurer has the right to pay either your vehicle’s depreciated actual cash value OR the cost to replace your vehicle -- whichever is less. Also, many insurers that offer stated value policies (typically standard insurers) require periodic appraisals to affirm the insured amount, adding cost and inconvenience to the client.

How is classic car insurance different from regular car insurance?

Classic car insurance offers some key benefits compared to daily driver or “regular“ insurance.

  1. 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.

  2. 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.

  3. 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.

What classic cars qualify for coverage?

We cover all kinds of classic cars, trucks and other vehicles, including antiques autos, collector and vintage cars, some modified and newer vehicles (sometimes called “modern classics” or “future classics”), in addition to motorcycles and many different kinds of specialty vehicles. Qualification depends on usage, storage and driving record. For more information, view our Driver Eligibility page.

Why wait another minute? Get your free no-obligation quote today.

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