Agreed value coverage means you and the insurer establish your vehicle’s value upfront when purchasing the policy. In the event of a total loss, you receive that full predetermined amount without depreciation, ensuring your investment is properly protected.

Standard policies use actual cash value (depreciated value) to calculate payouts, which drastically undervalues classic and collector vehicles. They also exclude essential protections like spare parts, memorabilia, and specialized repair coverage.

Beyond standard collision, this coverage includes protection for original parts replacement, automotive memorabilia collections, spare parts inventory, and repairs performed by specialty classic car restoration technicians.

We work with you and specialty carriers who understand collector markets to establish an accurate value based on your vehicle’s condition, rarity, provenance, and current market trends—not standard depreciation formulas.