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Withers Insurance Services Blog

All You Ever Wanted to Know About Insurance

Classic Car Insurance

Cars are made to be driven. With @Hagerty, you'll never be held to a fixed mileage limit — as long as you're not driving your classic every day.⁣

What is the difference between “Agreed Value” and “Stated Value” you ask? ⁣

💎An 𝘼𝙜𝙧𝙚𝙚𝙙 𝙑𝙖𝙡𝙪𝙚 policy -- guarantees that you will receive the full insured amount of the vehicle (with no depreciation, and including all sales taxes), in the event of a covered total loss.⁣
💎In contrast, a 𝙎𝙩𝙖𝙩𝙚𝙙 𝙑𝙖𝙡𝙪𝙚 policy does not promise to pay the full vehicle value that’s indicated or “stated” on the policy. ⁣