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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.
Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
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 ...
This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle. Most rental car companies offer insurance to cover damage to the rental vehicle.
HVA was founded with philanthropic support of Hagerty, and became the designated North American representative of FIVA (Fédération Internationale des Véhicules Anciens), the international federation of historic vehicle organizations – both for the U.S. and Canada.
As with most financial matters, lowering your monthly car insurance cost means taking many different factors into consideration -- including the car you drive. Some cars are more cost-effective to...
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
Takeaway. Vehicle characteristics, like additional safety features offered on a newer vehicle, may make certain coverage types less expensive due to reducing the risk of an accident.