Insurance products

Insuring classic and collector cars

Better coverage built for collector and classic cars at a price your customers can afford.

A sky blue collector Volkswagen Beetle parked on concrete, with blue sky in the background.

Benefits of collector car insurance through Hagerty Canada

Guaranteed Value coverage

In the event of a covered total loss, your customers receive every cent of their car's insured value.* No depreciation. No messing around. No hassle.

Flexible usage

Does your customer want to do things like take weekend drives, trips to the movies and attend car events and cruises? We encourage it. Pleasure use with no fixed mileage restrictions gives them freedom to enjoy their ride.**

Hagerty Drivers Club®

Hagerty Drivers Club for your car enthusiast customers - even if they don't currently have a Hagerty policy. It is a comprehensive 24/7 full service roadside assistance program for lockouts, battery jumps, tire changes, emergency fuel delivery and more—guaranteeing flatbed towing with soft straps.

Specialized claims team

Our experienced adjusters are trained in collector vehicles repair and consumed with high service standards. They understand that getting work done efficiently means knowing the best materials, people and actions to take, which saves time and alleviates possible hassles as the claim is processed.

We protect all kinds of classic cars, trucks, modified and newer vehicles, in addition to tractors, boats and more.

Frequently asked questions

How do I value my customer's vehicle?

When researching the value of your customer's vehicle, the most important factor—and most common mistake—is correctly assessing the vehicle's condition. Many owners overrate the condition of their car, so be sure to carefully evaluate the vehicle using Hagerty's definition of condition grades #1 to #4. Keep in mind that cars in conditions #1 and #2 are extremely rare, and vehicles in condition #5 and #6 also exist even if Hagerty Price Guide does not publish those prices.

The second most important factor is properly identifying the car, down to the car's unique options, provenance and history. Number of owners, originality, interesting equipment and documentation can all enhance a vehicle's value, so take the time to get a complete picture. Once you know what you have, find your customer's vehicle in Hagerty Valuation Tools® by selecting the appropriate year, make, model, submodel, body style and engine. Or, enter the vehicle's VIN and choose from the resulting matches. Compare current Price Guide values with recent public sales and asking prices for similar vehicles for sale. All of these resources can help provide a sense of a vehicle's value.

How is classic car insurance different from regular car insurance?

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

Lower premiums

We understand your customer's car is a prized passion and will be driven with great caution, so we adjust the premiums accordingly—41% lower on average than daily driver insurance.*** With a daily driver insurance policy, their classic may be rated like a regular-use vehicle, and they'll be charged as if they were driving the vehicle every day.

Guaranteed value

Guaranteed value coverage means your customer tells 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 your customer 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 customer's vehicle in the event of a claim, resulting in a smaller payout than they anticipate.

No fixed mileage

A policy through Hagerty allows your customers flexible usage—with no fixed kilometer limits. Even if your customers have full coverage through a regular car insurance carrier, there may be mileage and usage restrictions to control how and when their classic is driven.

What classic cars qualify for coverage?

We protect all kinds of classic cars, trucks and other vehicles, including antique autos, collector and vintage cars, some modified and newer vehicles (sometimes called "modern classics" or "future classics"), along with many different kinds of specialty vehicles. Qualification depends on usage, storage and driving record. For more information, view our Eligibility guidelines page.

* Less any deductible; MB & SK: and after settlement with your government policy. Includes any applicable taxes unless prohibited by law. AB & QC: Agreed value applies under the Guaranteed Value Plus Endorsement.

** Occasional pleasure use does not mean use for daily driving to and from work or school, routing shopping, etc.

*** Figure based upon 2019 consumer data collected by Hagerty on single car quotes, with premiums $5000 and under, from several daily driver (or "everyday") auto insurance carriers.

Some coverage not available in all provinces. This is only a general description of coverage. All coverage is subject to policy provisions, exclusions and endorsements.

Hagerty Canada, LLC policies are underwritten by Elite Insurance Company, a subsidiary of Aviva Canada Inc. Hagerty determines final risk acceptance.

Membership by Hagerty Drivers Club (HDC), a non-insurance subsidiary of The Hagerty Group, LLC. Roadside services provided by Assistenza International. Only the HDC Program Guide contains a complete description of benefits.

Hagerty, Hagerty Drivers Club & Hagerty Valuation Tools are registered trademarks of the Hagerty Group LLC, ©2019 The Hagerty Group, LLC. All Rights Reserved.