Standard insurance policies often fall short when it comes to high-value assets like supercars, vintage collectibles, or high-end electric vehicles. For the affluent collector, Agreed Value Coverage is the only way to truly protect an investment.
Stated Value vs. Agreed Value
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Stated Value: The insurer pays what they “think” the car is worth at the time of the accident—often much lower than market value.
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Agreed Value: A fixed amount determined at the start of the policy. In the event of a total loss, you are paid the full amount with zero depreciation.
Specialized Features for Luxury Owners
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Repair Shop Choice: Luxury policies allow you to choose specialized technicians rather than being forced into “preferred” network body shops.
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Worldwide Coverage: Protecting your vehicle during international transport or high-profile rallies.
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No Mileage Restrictions: High-end insurers are increasingly offering “flexible usage” tiers for collectors who occasionally drive their assets.
