Who bought Hagerty Insurance?

Does Nationwide own Hagerty?

Nationwide has teamed up with Hagerty, the leader in classic car insurance, to provide coverage for your collector vehicle.

Is Hagerty Insurance going public?

Classic car insurance company Hagerty is going public via a special purpose acquisition company, in a deal valued at more than $3 billion. … Hagerty said it insures more than 2 million vehicles globally and has partnerships with nine of the top 10 U.S. automotive insurers.

Does Progressive own Hagerty?

Progressive, the fourth largest auto insurer has expanded its partnership with Hagerty, a leader in classic car insurance, to make quoting by phone and online even easier for customers. It’s another step forward for Progressive in expanding its offerings to meet all its customers’ insurance needs.

Does Hagerty need garage?

What are Hagerty’s garage requirements? Program guidelines require all collector vehicles be stored in an enclosed and secure garage. We will consider a variety of storage locations, including home garages and rented storage units. … Simply put, we want you to enjoy your classic vehicle.

Is Hagerty only for classic cars?

We only insure antique and collectible cars, so we can offer better coverage at a significantly lower price than daily driver insurers.

How do I cancel my Hagerty Insurance?

You may cancel your Membership at any time, by emailing us at auto@hagerty.com or calling us at (800) 922-4050.

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What’s a SPAC stock?

A SPAC is a special purpose acquisition company — basically, a pile of cash reserved for a merger that went through the initial public offering (IPO) process. The entire point of the SPAC is to find a private company to merge with.

Is Hagerty owned by Allstate?

Please refer to your declarations page to determine the underwriter for your policy. Each insurer has sole financial responsibility for its own products. Hagerty Insurance Agency, LLC and its insurers are not affiliated with Allstate or Ivantage Select Agency, Inc, an Allstate affiliate.

Is Hagerty a private company?

Hagerty is an American automotive lifestyle and membership company and the world’s largest provider of specialty insurance for classic vehicles.

Hagerty (insurance)

Trade name Hagerty
Type Limited liability company Private
Industry Insurance
Founded Traverse City, Michigan (1984)
Founder Frank Hagerty Louise Hagerty