Classic and collector car insurance at agreed value
A standard auto policy pays depreciated book value, not what your classic is worth. Collector coverage insures the full agreed value, protects parts and restorations, and is often less expensive because of limited use.
Agreed value · No depreciation · No cost to compare
Build the right program for your car
Classic, muscle, exotic, antique, restomod or modern collectible: select what applies and we'll show the coverage that typically fits. Nothing is stored or shared.
Your operation
Select everything that applies.
Coverage that typically applies
3 coverages — a starting point for a conversation, not a quote.
- Agreed value coverageInsure the full value, with no depreciation at claim time. A standard policy's actual cash value can be a fraction of collector worth.
- Limited-use / low-mileage ratingHobby use (shows only, occasional pleasure or weekend driving) keeps premiums low.
- Original / OEM parts guaranteeRepairs use correct parts to preserve value.
Why a classic needs more than a regular car policy
Agreed value
You and the insurer agree on the car's value up front. A total loss pays that amount, with no depreciation.
- Worth checking: a standard auto policy pays depreciated book value that ignores collector worth.
Limited-use rating
Collector policies assume a hobby vehicle, driven occasionally and not commuted, which is why premiums are often lower.
- Eligibility usually requires a regular-use vehicle in the household, limited annual mileage and secure storage. We confirm you qualify.
Original parts & restoration
Claims are settled to preserve originality, with correct parts and qualified shops, and coverage can rise with a restoration.
- Worth checking: during a restoration a fixed limit falls behind; inflation-guard or stated-value updates close that gap.
Parts, tools & transit
Covers your spare-parts inventory, specialty tools and the car while trailered or transported to events.
- Worth checking: a regular auto policy covers none of this.
Shows, events & track
Coverage extends to car shows, rallies and cruise-ins, with optional track-day coverage for sanctioned events.
- Worth checking: standard policies exclude track events and may limit at-show or in-transit damage.
Collector-car specialists
Agreed value, done right
We help you set the correct value with appraisals and market data, so a total loss pays what the car is worth.
Specialty carrier access
Enthusiast-focused markets that understand classics, exotics, restomods and appreciating values.
Help at claim time
We help you find the right shop, source correct parts and pursue a fair, no-depreciation settlement.
Let's protect the car you love
Share a few details and a specialist will build the right agreed-value program and follow up, usually within one business day.
- Agreed value with no depreciation
- Often lower premiums for limited, hobby use
- Spare parts, restorations, shows and transport
Have an appraisal or photos? You can email them to info@firstunderwriters.com after you submit.
Not sure your car qualifies?
Call us and we'll walk through usage, storage and value with you before you apply.
Coverage descriptions are general summaries for education. They are not legal, tax or coverage advice, a statement of coverage, an offer or a binder. The collector checkup is illustrative and not a quote. Agreed value, eligibility (which typically requires a regular-use vehicle in the household, limited mileage and secure storage), available coverages and premiums vary by vehicle, use and carrier, are governed by the terms, conditions and exclusions of the policies issued and are subject to underwriting.