Cherished Salvage® coverage
In the event of a covered total loss, keep your vehicle and still receive its Guaranteed Value™.*
With Hagerty, you can keep your car
Collectible vehicle insurance through Hagerty is the only coverage that offers Cherished Salvage, meaning:
- You can retain salvage of your vehicle in the event of a covered total loss
- No salvage value will be deducted from your final payment if you choose to retain your vehicle
- You still receive the vehicle’s Guaranteed Value
- The cost is 15% of the vehicle’s physical damage premiums**
It’s more than collectible, it’s irreplaceable
At Hagerty, we know your collector vehicle is filled with years of love, work, memories and stories that can’t be replaced. That’s why if the worst happens—a total loss—we help you keep your car and still receive your full Guaranteed Value*.
Just check out a few recent client stories:
“My ’76 Corvette was totaled after being smoke damaged... I put a lot of sweat and blood into this (car). What’s more, I knew I could do the repairs myself — and because I had Cherished Salvage coverage, I was able to keep the car and get to work.”
“Early F150s loaded with all the options are rare, and I’d finally found one. When it was hit, I knew it was too invaluable to give up. Cherished Salvage allowed me to keep the truck, which I lovingly donated to a friend to rebuild.”
Get coverage that works for you
Keep your vehicle and still get its agreed value in the event of a covered total loss.
Prefer a friendly voice or need
*Less any deductible; BC, MB & SK: and after settlement with your government policy. Includes any applicable taxes unless prohibited by law. AB & QC: Agreed value applies under the Guaranteed Value Plus Endorsement.
**Submit claim under any government policy first and then our policy immediately after. Premium subject to change; may include DCPD/BVDC, if applicable.
Hagerty Canada, LLC policies are underwritten by Elite Insurance Company, a subsidiary of Aviva Canada Inc. Hagerty determines final risk acceptance.
Some coverage not available in all provinces. This is a general description of coverage. All coverage subject to policy provisions, exclusions, and endorsements.
Cherished Salvage & Hagerty are registered trademarks of the Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved.