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Hagerty, Inc. is an American automotive lifestyle [1] and membership company, [2] as well as the world's largest provider of specialty insurance for classic vehicles. [ 3 ] [ 4 ] Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.
Analyzing more than 2 billion car insurance quotes, Consumer Reports found the average annual premium people pay varies significantly from one insurer to another: Average annual premium by insurer.
Hagerty's net income for the year is expected to rise as much as 163% compared to a year ago, with the company citing new business in its insurance and car marketplace divisions and cost-cutting ...
That same year, Hagerty finished a three-year restoration of his first car with his father – a 1967 Porsche 911S. [4] Hagerty started the restoration at the age of 13 with $500 in lawn mowing money that he had saved. [5] At the age of 18, Hagerty earned his insurance license and was selling marine craft policies. [6]
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The festival is the idea of Hagerty Insurance, who "wanted to raise the profile of vehicles which are not seen at Pebble Beach, Hampton Court, Goodwood or other such prestigious Concours events [...] ordinary cars to whom a large majority of people can truly relate; the first car you drove, your parent’s car or simply the car you admired on your neighbour’s drive". [3]
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