Hagerty Insurance

Company Profile: HAGERTY® was invented in 1984 by Frank and Louise Hagerty to provide coverage
for their treasured wooden boats. They launched the first Agreed Value policy for boats, completely changing the way collector boats were insured. This specialty coverage was a big hit, and within a few years, half of all vintage boat owners were Hagerty clients.

HAGERTY® decided in 1991, that classic cars deserved better coverage, and they introduced the first specialty auto policy that combined Agreed Value, flexible usage, and in-house claims handling. Today Hagerty is an insurance company specializing in classic car, classic boat, vintage motorcycle, motorsports, business insurance and Private Client Services based in Traverse City, Michigan.
milestones:
  • 1984 – Hagerty invented/founded.
  • 1991 – Classic Car coverage introduced.
  • 1995 – Hagerty children take over family business.
  • 2000 – Launches Overseas Shipping and Touring Coverage.
  • 2002 – Debuts Private Client Services (PCS), a suite of products and services designed for high end collectors.
  • 2005 – Founded the Collectors Foundation, a non-profit organization with the goal to “Protect the past. Build the Future.”
  • 2006 – Publishes first issue of Hagerty Magazine.
  • 2008 – First issue of Hagerty Price Guide issued.
  • 2008 - Introduced commercial coverage, designed exclusively to protect businesses that serve the collector car community.
  • 2009 - Established the Historic Vehicle Association®, North American's FIVA affiliate. The HVA is committed to celebrating and advancing our automotive heritage and its place in American culture.
  • 2009 – Crossed the border into Canada.
  • 2010 - Invented Guaranteed Value, an evolution of our legendary Agreed Value policy.
Employee and Customer Oriented:
HAGERTY® employees recently participated in the restoration of a 1967 Sunbeam Tiger. This past year, over 107 employees put in a total of 1,216 hours toward the complete restoration, and work has already begun on another employee restoration for a 1960 Plymouth Fury. These hands-on projects, totally unique to Hagerty, provide our employees with valuable restoration skills, enhancing their appreciation for the vehicles we protect.
  • Donates 10% of net revenue to programs and organizations devoted to preserving the hobby.
  • Employees get 16 hours of paid community service each year.
  • Has been recognized at both state and national levels for our employee volunteer efforts.
Company Highlights:
Hagerty Exists to Save Driving
  • Imagine a world without driving - No key turning the ignition, no engine roaring to life. No steering wheel to grip down a twisting mountain road. No teenage rite-of-passage first drive, brand new license in your pocket, feeling freedom like you’ve never felt before. Imagine a world where there’s nothing on the road but self-driving, robot cars. All driverless. All the time. Is this the future? Not on their watch.
  • Driverless cars and human drivers will coexist - Driving is who we are, and there’s too much at stake to stop. Things like heritage, community, and the sheer joy of doing a burnout. In the future, we won’t be driving because we need to get from A to B. We’ll be driving because we want to. Because it’s fun.
How To Save Driving
  • Put People Behind the Wheel – Nothing builds car lovers faster than a hands-on experience.
  • Keep Cars on the Road – Each time we issue a policy, handle a claim, or help you make a purchase, we put a car back on the road and give you a license to enjoy the ride.
  • Fuel a Community of Car Lovers – We entertain, inform, engage, and connect people who love cars. We’ve got to think big if we’re really going to save driving and with the full force of the passionate automotive community behind this movement, there’s no way we can lose.
Community Values
  • We Share the Road - At Hagerty, we share the road. An inclusive automotive community where all are welcomed, valued, and belong regardless of race, gender, age, or car preference. We are united by our shared passion for driving, our commitment to preserve car culture for future generations and our desire to make a positive impact in the world.
Corporate giving
HAGERTY® believes in enriching the lives of employees, members, clients, and neighbors through business practices. They drive progress through people, protection of the environment, and investment in the community.
  • Initiatives supported serve more than 100 people, and the organization should demonstrate commitment to equality and inclusion, while aligning to 1 of these pillars:
  • Community stewardship of environment - We support organizations that demonstrate environmental stewardship in the community.
  • Sustainable/Green Businesses - We support organizations that demonstrate environmental stewardship and innovation.
  • Regional Parks & Recreation - We invest in organizations that provide public access for community benefit near our offices.
  • Small business & entrepreneurship support - We invest in the development and resiliency of small businesses and innovation.
  • Local economic development - We support business attraction and retention efforts in the regions near our offices.
  • Community Resilience & crisis relief - We support the community through natural disaster relief and crisis relief efforts.
Industry Rankings:
  • HAGERTY® protects over 1,000,000 vehicles, 12,000 boats, and 30,000 motorcycles worth a total of $30 billion.
  • Talks to 80,000 clients and agents each month on average.
  • HAGERTY® is bigger than all specialty competitors (combined).

Hagerty Products

Collector and Classic Car Insurance: Hagerty is as passionate as you are. A deep knowledge of cars
and their owners allows Hagerty to offer better Classic Car coverage for less.
Classic Boat Insurance: Hagerty is the world’s leading provider of classic boat insurance. Hagerty was the first and continues to be the best to offer Agreed Value boat insurance.
Vintage Motorcycle Insurance: You want to ride with the freedom that Hagerty offers for classic
motorcycles. Does your motorcycle qualify for Hagerty insurance?
Motorsports Coverage: Some vehicles were born to be raced. Hitting the track in a nostalgia dragster, vintage race car, street legal muscle car, or pro street – it’s always an adventure. Hagerty has created affordable Guaranteed Value™ coverage to protect race cars while they’re not on the track.
Museums: Whether your collector vehicle museum is for-profit or non-profit, Hagerty can design a policy that meets your unique needs. Protection for loaned vehicles, museum-owned vehicles, and more.
Dealerships: As a Collector Car Dealer, you need additional protection. Hagerty can tailor their commercial insurance to meet your specific needs. Coverage provided that protects your business and the classic vehicles in your care.
Storage Facilities: Hagerty has designed unique coverage to suit you and the vehicles under your care. The policy provides custom coverage for the collector vehicle storage businesses.
Car Clubs: Hagerty can customize our commercial policies to suit the needs of your club and help make your events as successful as possible. Policy helps ensure your club’s events are as safe and secure as possible.
Hagertys Private Client Services (PCS): Hagerty Private Client Services is a suite of best-in-class
services created specifically to suit collectors unique needs.

Operating Territory

 www.hagerty.com 
(425) 448-9190​
8561 154th Ave NE
Suite 250
Redmond, WA 98052​
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