Agreed Value vs Actual Cash Value in Exotic Insurance

Insuring a Rimac or a Ferrari Revuelto is not as simple as logging into a standard insurer. Standard auto insurance uses actual cash value, which factoring depreciation will lose you money on an exotic.

Specialist Underwriters

Specialty companies like Hagerty, Grundy, or Lloyd's of London offer "agreed-value" coverage. You and the underwriter settle on the exact value of the vehicle upfront, protecting appreciate-prone vehicles.