Prestige, Classic & Performance Vehicles
High-Value & Classic Car Insurance NZ
Prestige, performance and classic vehicles need cover written for agreed value, limited use, and specialist repair — not a standard motor policy.
Why High Value Cars Need Specialist Insurance
Standard motor insurance policies value vehicles at market or retail value, which often significantly undervalues prestige, classic, and collector vehicles. A 1972 Porsche 911 Carrera RS, a limited-edition Lamborghini, or a concours-condition classic Mercedes cannot be adequately insured on a standard motor policy. We arrange agreed value cover that reflects the true replacement cost of your vehicle — whether it's a daily-driven modern supercar, a concours classic, or an investment-grade collection. Our specialist underwriters understand the nuances of vehicle valuations, modification values, and storage requirements.
What We Cover
Our high-value vehicle programmes are tailored to each vehicle's unique characteristics, usage pattern, and storage arrangements.
Cover Types
Who Is This For?
Why Exclusive Insurance Services?
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What Insurers Typically Need
Information an insurer may require
Underwriters generally ask for the following when quoting or renewing this class of risk. Being ready with accurate information usually improves outcomes on price and wording.
Vehicle details: make, model, year, VIN, agreed or market value basis
Storage arrangements (locked garage, alarmed, off-street)
Driver profile and any restrictions (named driver only, age limits)
Annual mileage and use (private, club events, weddings, competition)
Existing valuation report and provenance documentation
Modifications, non-original parts and specialist accessories
When Something Happens
Claims considerations
We help manage the claims process from notification through to settlement, coordinating with you, the insurer and other parties involved and advocating for your interests throughout. Things that commonly affect a claim in this area:
Photograph and document the vehicle regularly; a current agreed-value schedule with photos accelerates any total-loss claim.
Use panel repairers with experience on the marque; substandard repairs can materially affect value on a prestige/classic.
Salvage rights on total losses matter more than usual — the owner's attachment and the vehicle's reconstructability often warrant retention.
Cover for club events and rallies may be excluded on a standard motor policy; check the wording before entering an event.
Frequently Asked Questions
What is agreed value car insurance?
Agreed value means you and the insurer agree on the vehicle's value upfront. If the vehicle is written off, you receive the full agreed amount — not a depreciated market value. This is essential for classic, modified, and appreciating vehicles.
Can I insure a car collection on one policy?
Yes. We arrange collection policies that cover multiple vehicles under a single programme, often with discounted rates. This is ideal for collectors with 3+ vehicles and simplifies administration.
Does classic car insurance cover track days?
Track day cover is available as an extension on many specialist vehicle policies. Standard motor insurance excludes track use. We arrange cover that includes organised track events and club days.
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About this page
Reviewed by Adi Sehgal
Verified adviserDirector & Principal Adviser
This page is general information about the class of cover. Actual cover, terms, premiums, limits, exclusions and eligibility vary by insurer, policy wording, underwriting decision and individual client circumstances. Nothing on this page constitutes personalised financial advice.