As severe weather losses mount across Canada , brokers and clients in the collector and specialty vehicle space face a shifting landscape. What was once a relatively stable, passion-driven niche is now becoming more complex – both in terms of physical risk and fluctuating market value.

Last year alone, insured losses from severe weather reached $8.6 billion nationwide, according to industry data. While catastrophic floods and wildfires dominate the headlines, smaller but more frequent weather events are taking a growing toll on vehicles that were never meant to be daily drivers. Collector and specialty models, once protected in garages and private showrooms, are increasingly exposed to risks from wind, hail, and unpredictable temperature extremes.

Michael Wilson (pictured), assistant

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