Agreed value
A value set at inception and paid in full on a total loss, without depreciation.
Personal Insurance
Classic car and collector cover.
A standard auto policy depreciates your car. A classic policy agrees what it is worth before anything happens to it.
Collector vehicles are insured on agreed value rather than actual cash value, which is the whole point. Instead of an adjuster depreciating a restored car after a total loss, the value is set when the policy is written and paid in full.
Agreed value, limited use and storage
In exchange for agreed value and a lower premium, classic policies restrict use. Limited annual mileage, pleasure use only, and no commuting are typical conditions, and exceeding them can affect a claim.
Carriers also ask about storage. A locked garage is usually a requirement rather than a preference, and it is one of the main factors in both eligibility and price.
What it covers
The parts of a classic car insurance policy
Spare parts
Parts and memorabilia held for the vehicle, which standard policies ignore.
Liability
Standard liability cover while the vehicle is on the road.
Restoration cover
Rising value cover while a vehicle is being restored, where offered.
Working with us
What we do differently
We are an independent agency, so we place your classic car insurance across several carriers rather than fitting you to one company's product. That means a genuine comparison, and someone to call who is not a call centre.
- Review the agreed value periodically as the market moves
- Stay within the mileage and use restrictions the policy sets
- Confirm storage arrangements meet the carrier's requirements
Common questions
Classic Car Insurance, answered
What qualifies as a classic car?
It varies by carrier — typically age, condition, limited use and secure storage rather than a single rule. Modern collectible and exotic vehicles are often eligible under the same programmes.
What is agreed value?
A figure agreed when the policy is written and paid in full on a total loss, with no depreciation applied. It is the main reason collector owners use a specialist policy.
Can I drive it every day?
Generally not. Classic policies restrict use to pleasure driving and shows, with limited annual mileage. A daily driver needs a standard auto policy instead.
Related cover
Often arranged alongside this
Auto Insurance
Texas requires every driver to carry liability cover. We help you work out what you need beyond the minimum, then put it in front of several carriers at once.
Read moreMotorcycle Insurance
Texas requires the same liability minimums as a car. What a bike needs beyond that is quite different.
Read moreUmbrella Insurance
An umbrella policy sits on top of your auto and home liability. When a judgment exceeds those limits, it is what stands between the claim and your assets.
Read moreReady for a classic car insurance quote?
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Let us protect what matters most.