Exotic Auto & Collector Vehicles
Agreed-value protection for high-performance supercars, luxury daily drivers, and extensive private vehicle collections. We structure specialized auto portfolios designed to help protect your automotive equity without the penalty of standard vehicle depreciation.
The Luxury Vehicle Risk Profile
Standard auto policies calculate physical damage payouts based on actual cash value, which heavily factors in immediate depreciation. This creates a severe financial gap for exotic vehicles and luxury fleets. Furthermore, standard policies often limit your choice of repair facilities, potentially forcing your high-performance vehicle into a standard collision center rather than a certified marque specialist. Protecting a luxury vehicle requires a specialized private client policy built around agreed-value terms and specialized repair networks.
Core Coverage Considerations
A foundational strategy for luxury and exotic vehicles typically includes these tailored components.
Agreed-Value Coverage
The cornerstone of a private client auto policy. This coverage is designed to help provide the full, mutually agreed-upon amount for your vehicle in the event of a covered total loss, with no deductions for depreciation.
Choice of Specialized Repair Facility
Luxury vehicles require expert craftsmanship. This feature is designed to allow you the flexibility to take your vehicle to a certified marque specialist or trusted high-end restoration shop for covered repairs.
Original Equipment Manufacturer (OEM) Parts
Standard policies often mandate the use of aftermarket parts for repairs. Specialized coverage is designed to help ensure that only authentic OEM parts are used to repair your luxury or exotic vehicle.
Worldwide Liability & Transit Protection
High-value vehicles may be transported globally for exhibitions or personal use. Enhanced policies are designed to help provide transit protection and extend liability coverage internationally.
High-Limit Liability Defense
Private client auto policies are designed to offer significantly higher underlying bodily injury and property damage limits, seamlessly integrating with your Jumbo Umbrella policy.
Want a review of your luxury vehicle portfolio?
Basic policies can leave high-value assets exposed. Let us help you build a plan designed to help protect your exotic vehicles.