Protection on the road
and in the garage
- Coverage designed for collector vehicles
- Trusted Guaranteed Value™ protection
- Save 33% on average vs. standard insurance*
Not all insurance coverage is the same. Do you have the right one?
Guaranteed Value™ through Hagerty
You tell us what your classic is worth and we agree upon that value. Your vehicle is protected year-round, and in case of a total loss, Hagerty cuts a check for that amount. No games, no hassle**.
Compared to Standard Insurance with Actual Cash Value
Standard insurers typically determine what your vehicle is worth. You have little to no input. In the event of a total loss, this leaves many people unable to replace their classic. Some providers may recommend seasonal coverage. With seasonal coverage, you’ll have to call your provider every fall to end full coverage and every spring to reinstate it. That could leave you unprotected.
Three reasons to choose Hagerty
Enjoy flexible usage
Hit the road for a weekend roadtrip, car show or parade - you're protected.***
2 million
protected classics globally - more than any other insurance provider
Our premier valuation tool
An industry-leading resource to help you verify the value of your vehicle and make sure it’s insured properly
Let Hagerty protect your beloved classic
The classic car insurance rates we offer at Hagerty are extremely competitive. See for yourself.
* Figure based upon CAN 2024 consumer data collected by Hagerty, between 4/1/2024 and 10/31/2024, on single car quotes, with premiums $5,000 and under, from several daily driver (or “Everyday”) auto insurance carriers.
** In the event of a covered total loss, Guaranteed Value coverage ensures your client receives every cent of their car’s insured value, less any deductibles and/or salvage value if retained (BC, MB & SK: and after settlement with government policy). AB & QC: Agreed value applies under the Guaranteed Value Plus Endorsement.
*** Occasional pleasure/leisure does not include use for daily driving to and from work or school, routine shopping/errands, or business use of any kind. At no time may a collector vehicle be the primary source of transportation.
Hagerty Canada, LLC policies are underwritten by Elite Insurance Company, a subsidiary of Aviva Canada Inc. Hagerty determines final risk acceptance. Some coverage not available in all provinces. This is a general description of coverage. Rates subject to change. All coverage subject to policy provisions, exclusions, and endorsements. Hagerty is a registered trademark of the Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved.
Hagerty's Guaranteed Value™ coverage
An Agreed Value policy—the same as a Guaranteed Value policy through Hagerty—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.