Vehicle value
If a specialty car is declared a total loss, how the policy determines its value matters. Depending on the policy, that may be an agreed amount, a stated amount or actual cash value, and the difference can be significant.
Exotic Car Insurance for Florida Enthusiasts
Your car isn't ordinary. Your insurance shouldn't be either.
American Atlas Insurance Group helps Florida owners protect exotic, luxury, modified and high-performance vehicles with coverage selected around the vehicle, its use and the owner's needs.
Independent Insurance Agency • Florida Licensed • Multiple Carrier Options
A $250,000 Car Shouldn't Be Treated Like a $25,000 Car
A standard auto policy is built around a typical commuter car. Exotic, high-value and modified vehicles raise questions that kind of policy isn't designed around: how the car is valued, what it costs to repair correctly, and how often it's actually driven.
Modifications
Wheels, suspension, exhaust, aero and performance upgrades add value a policy may not recognize unless they're disclosed. Limits for custom parts and equipment vary by insurer.
Usage
Annual mileage, where the car is stored, whether it's a weekend car or a daily driver, and what else is in the garage all shape which coverage options fit.
Insurance From People Who Understand Car People
Enthusiasts don't own cars the way commuters do. A car might be a weekend drive, a long-term keeper, a build with years of upgrades, or one piece of a larger collection. We start with how you actually own and use the car, then look at which coverage options fit.
We work with owners of
- Exotic vehicles
- Luxury vehicles
- Performance vehicles
- Modified vehicles
- Multi-vehicle collections
EXOTIC
Supercars, limited-production models and high-value marques.
LUXURY
Grand tourers and flagship sedans where repair quality matters.
PERFORMANCE
High-output cars from AMG, M, RS, Corvette and beyond.
MODIFIED
Cars with upgraded wheels, suspension, power or aero.
Vehicles We Can Help You Insure
From modern supercars to modified performance builds, we can help you explore available coverage options. Eligibility and coverage depend on the vehicle, the driver and each insurer's guidelines. Ferrari and Porsche owners can go deeper in our Ferrari insurance and Porsche insurance guides.
Ferrari
Roma, 296, SF90, Purosangue
Lamborghini
Huracán, Urus, Revuelto
McLaren
Artura, 750S, GT
Porsche
911, GT models, Taycan, Cayenne
Aston Martin
Vantage, DB12, DBX
Bentley
Continental GT, Flying Spur, Bentayga
Rolls-Royce
Ghost, Cullinan, Spectre
Mercedes-AMG
AMG GT, G 63, S 63
BMW M
M3, M4, M5, M8
Audi R8 / RS
R8, RS 6, RS e-tron GT
Corvette
C8 Stingray, Z06, E-Ray
Lotus
Emira, Evora, Eletre
Tesla
Model S Plaid, Model X, Cybertruck
Modified & Performance Vehicles
Tuned, upgraded and built cars of any make. Disclose every modification and we'll help you explore options.
Don't see your car? This list isn't exhaustive. Tell us what you drive and we'll look at what's available.
Get a quoteCoverage Considerations for Exotic & Performance Vehicles
Every policy is different. These are the questions worth asking before you choose one.
Vehicle valuation
How the policy determines your car's value after a covered total loss. Agreed value, stated value and actual cash value work differently, so it's worth knowing which one you have.
OEM parts
Some policies allow non-original or aftermarket parts in repairs. Ask whether OEM parts coverage or an endorsement is available for your vehicle.
Modifications & upgrades
Aftermarket equipment usually needs to be disclosed and may be subject to separate limits. List every upgrade so the policy reflects the car you actually own. More on modified car insurance in Florida.
Low-mileage usage
Specialty and collector car programs may offer options for limited-use vehicles, typically with mileage, storage or driver requirements.
Multi-vehicle collections
Some insurers can place several specialty vehicles on one policy, which can simplify renewals and coverage reviews.
Liability & umbrella coverage
A high-value car often comes with more to protect. Higher liability limits and a personal umbrella policy are worth reviewing alongside the car.
Agreed Value vs. Stated Value vs. Actual Cash Value
Three terms that describe different ways a policy may settle a covered total loss. They're easy to confuse, and the difference matters most on a high-value car.
Agreed value
You and the insurer agree on the car's value when the policy is written, usually supported by an appraisal or documentation.
- How value is set
- Agreed with the insurer at the start of the policy
- At a covered total loss
- Generally settled based on the agreed amount, subject to the deductible and policy terms
Stated value
You state a value for the car on the policy. The stated figure often works as a ceiling rather than a set payout.
- How value is set
- Stated by you when the policy is written
- At a covered total loss
- Many policies settle at the lesser of the stated amount or actual cash value
Actual cash value
The car's market value at the time of the loss. This is the typical approach on many standard auto policies.
- How value is set
- Determined at the time of the loss
- At a covered total loss
- Based on market value, reflecting depreciation, mileage and condition
These descriptions are general and educational. Coverage, eligibility, valuation methods and loss-settlement provisions depend on the specific insurer and the terms of your policy. Review your policy documents, and ask us to walk you through how a specific policy would handle a total loss.
Learn more about vehicle valuationBuilt for More Than Garage Queens
Every enthusiast owns differently. Coverage should fit the way you do.
The Collector
Several specialty vehicles, limited annual mileage, and cars that are carefully maintained and stored.
Worth reviewing: valuation method, storage and mileage requirements, multi-vehicle options. More on collector car insurance.
The Enthusiast
Drives and modifies performance cars, and knows every upgrade on the build sheet.
Worth reviewing: modification disclosure, custom equipment limits, OEM parts, valuation. See modified car insurance.
The Exotic Daily Driver
Regularly drives a Ferrari, Porsche, McLaren, AMG or other specialty vehicle to work, to dinner and on road trips.
Worth reviewing: liability limits, umbrella coverage, repair and parts provisions, and how the policy treats regular use.
Serving Exotic Car Owners Throughout Florida
American Atlas is an independent agency based in Orlando. We work with clients throughout Florida by phone, email and online, so wherever your car is garaged in the state, we can help you review your options.
Get a quoteWe serve owners in communities including
- Orlando
- Winter Park
- Windermere
- Lake Nona
- Tampa
- Miami
- Fort Lauderdale
- Boca Raton
- Naples
- Jacksonville
Specialty Insurance Without Making It Complicated
Tell us about your vehicles
Vehicle, value, modifications, mileage and how you use it. Photos and build sheets help.
We review your options
We evaluate the coverage options available for your circumstances across the carriers we work with.
Choose your coverage
We explain the options clearly, in plain language, so you can make an informed decision.
Protect more than the car
We can also review your daily drivers, home, umbrella and other insurance needs.
Exotic Car Insurance FAQ
Do exotic cars need special insurance?
Not always. Some standard insurers will write an exotic car, but high vehicle value, specialized repairs and limited parts availability can make specialty coverage worth comparing. The right fit depends on the car, how it's used, the driver and each insurer's guidelines.
Can you insure a modified exotic car?
We can help you explore available options. Disclose every modification up front, including wheels, suspension, exhaust, tuning and aero. Insurers treat modifications differently, and some policies limit coverage for aftermarket equipment. Eligibility depends on the insurer and the specific vehicle. Our modified car insurance page covers what to disclose.
What is agreed value insurance?
Agreed value is a valuation approach where you and the insurer agree on the car's value when the policy begins. If the car is a covered total loss, settlement is generally based on that amount, subject to the deductible and policy terms. Availability depends on the insurer, the vehicle and how it's used.
Can I insure multiple exotic cars together?
Often, yes. Some insurers offer policies designed for multiple specialty vehicles. Whether a collection can be placed together depends on the vehicles, their use and storage, and the insurer's guidelines. Our collector & classic car insurance page goes deeper on collections.
Can you insure my daily drivers too?
Yes, we can review coverage for your everyday vehicles along with your home and umbrella needs. Whether they can be combined with your specialty vehicles depends on the insurers involved.
Does exotic car insurance cover track days?
Don't assume a personal auto policy covers track use. Track days, HPDE, racing and timed events may be excluded. Separate specialty coverage may be available depending on the event, vehicle and provider. Our modified car insurance page explains the difference between street, HPDE and competition use.
Do you only serve Orlando?
No. Our office is in Orlando, and we serve clients throughout Florida, including Tampa, Miami, Fort Lauderdale, Naples and Jacksonville.
Let's Talk Cars.
Tell us what you drive. We'll help you explore how to protect it.
No obligation • Independent agency • Personalized coverage review