Hagerty Inc. (HGTY) is a leading international insurance company specialising in classic cars and speciality vehicles. Founded in 1984 by parents of Frank and Louise Hagerty, the firm has grown tremendously due to its commitment to providing unmatched services to car enthusiasts. The firm is headquartered in Traverse City, Michigan, US, but it operates globally with offices in the UK, Germany, and Canada.
The company's primary product is offerings insurance plans that offer guaranteed value coverage. As a leader in the classic car insurance industry, Hagerty's policies are underwritten by some of the most successful insurance companies globally, ensuring that their clients receive reliable coverage that matches and often exceeds their expectations.
Apart from just offering insurance policies, Hagerty Inc. also prides itself on its deep understanding of classic cars and their community. The company has positioned itself in this niche by offering services such as market valuation data, restoration support, and relevant, engaging content to its community of clients. Additionally, they run the Hagerty Drivers Club, a comprehensive service platform that provides lifestyle benefits and unique experiences for automotive enthusiasts.
Hagerty Inc. is also known for its significant initiatives in promoting car culture. Through its Hagerty Youth Program, it aims to educate young individuals on the industry's aspects, including preservation and restoration of vintage cars. This initiative reflects the company's commitment to ensuring that the passion for classic vehicles is sustained in future generations.
Despite its many years in operation, Hagerty Inc. remains a family-owned business, ensuring that its core values of care, integrity, innovation, agility, courage, and authenticity are upheld. Its main aim has always been to save driving and protect car culture for future generations. With its thorough knowledge of the cars, it insures and its commitment to its customers, it is clear why Hagerty Inc. continues to be a trusted name in the market.
The combination of Hagerty’s extent and depth of experience in the automotive industry, ensuring seamless customer service, continued passion, commitment to education, and credibility, has garnered immense success for the firm. This success has led to its widespread recognition and appreciation, making it a unique player in the insurance industry. For these reasons, Hagerty Inc. remains a preferred choice for car enthusiasts looking for comprehensive, reliable, and understanding coverage.