AXA Insurance Company has officially withdrawn its Collector Vehicle Program in Florida, effective April 18, 2022. The decision follows a notification to the Florida Office of Insurance Regulation, confirming that the program had zero in-force policies at the time of withdrawal.
Initially introduced in 2018, the program was modeled after American Southern Home Insurance’s offering and targeted hobbyist drivers with collectible vehicles used for leisure, exhibitions, and parades. The program offered agreed value coverage, strict eligibility criteria, and underwriting controls tailored to the low-mileage collector segment.
