These Collector Cars Are Surging in Value — Is Your Book Keeping Up?

One of the most important and often overlooked conversations a broker can have with a collector car owner isn’t about how many miles they drive each year. The conversation every broker should be having at least once a year is about valuation and coverage.

Are vehicle values on their Hagerty policy up to date? Are there vehicles that should be on a Guaranteed Value™ policy (also known as agreed value) but are still stuck on standard ACV? Like most collectibles, vehicle markets move, values change, and the number on a policy can fall behind quickly.

Why Guaranteed Value Matters

A Guaranteed Value policy through Hagerty protects every cent of the vehicle’s insured value, so in a total loss your client is paid that full value, less any deductible.* The client gets the value agreed upon at policy issuance, which means if that number is out of date, the client may be underinsured.

With values on some vehicles up nearly 30% in the last year alone, policies written even two or three years ago can carry significant gaps between the Guaranteed Value on the policy and what the car would cost to replace today.

The Hagerty Hundred

The Hagerty Hundred, a tracked index of 100 collectible vehicles updated regularly, shows broad appreciation across classic American muscle, personal luxury coupes, and vintage sports cars. The vehicles gaining the most aren’t obscure rarities; they’re recognizable nameplates like the Corvette, Mustang, Camaro, and Impala. These vehicles appear in many books of business across the country.

A simple book scrub, filtering policies by year/make/model and comparing the insured value to the current collector car market, can surface gaps quickly. Clients appreciate the proactive outreach, it’s an easy renewal conversation, and it ensures they’re protected when it matters most.

Pro tip: Check your book for any vehicles on the list below, or on the Hagerty Hundred, that are still on standard ACV or Stated Value policies, and quote them with Hagerty.

Top 20 Vehicles by 1-Year Value Gain

The following vehicles posted the largest increases in Hagerty #2 (Excellent) condition values over the past 12 months. If any of these year/make/model combinations appear in your book, review the agreed value against the current Hagerty Price Guide.

1. 1970 Chevrolet Monte Carlo Coupe +27.7%
2. 1972 Chevrolet Monte Carlo Coupe +27.7%
3. 1967 Ford Mustang Fastback. +14.4%
4. 1964 Chevrolet Corvette Convertible +11.4%
5. 1970 Chevrolet Corvette Coupe +10.1%
6. 1966 Ford Mustang Fastback +8.1%
7. 1965 Ford Mustang Convertible +8.0%
8. 1971 Chevrolet Corvette Convertible +7.9%
9. 1982 Chevrolet Corvette Coupe. +7.2%
10. 1981 Chevrolet Corvette Coupe +6.9%
11. 1974 Triumph TR6 Convertible. +5.5%
12. 1965 Chevrolet Corvette Convertible +5.5%
13. 1984 Chevrolet Corvette Coupe +5.2%
14. 1962 Chevrolet Impala Sport Coupe +4.8%
15. 1964 Chevrolet Impala Sport Coupe +4.6%
16. 1963 Chevrolet Impala Sport Coupe +4.6%
17. 1963 Chevrolet Corvette Split-Window Coupe +4.2%
18. 1969 Chevrolet Camaro Sport Coupe +3.6%
19. 1973 Chevrolet Corvette Convertible +3.0%
20. 1969 Chevrolet Nova Sedan +2.3%

Make the Call

Reaching out to your clients about their current vehicle values isn’t only good practice, it’s the kind of proactive service that sets a trusted broker apart. A quick call or email letting a client know their car has appreciated, and that you want to make sure they’re fully protected, is a genuine value-add. It costs nothing, takes only minutes, and reinforces the value of a broker rather than shopping rates on their own.

Review your book, reach out, and make sure every collector vehicle you help protect is covered for what it’s worth today.