Hagerty Insurance now offers collector car insurance in selected provinces

If you watch Barrett Jackson or play the Fantasy Bid contest on Speed Channel, then you are most likely familiar with Hagerty Collector Car Insurance. Earlier this week, Hagerty Insurance announced their collector car insurance is now available to collector car enthusiasts in Ontario, Alberta, and British Columbia.

Click the jump for more information.

Hagerty Insurance will be underwritten by Aviva Canada, with distribution occuring through the Aviva brokerage network. Hagerty will provide the call center and marketing support.

This allows Canadian collector car enthusiasts to have similar Hagerty Insurance products and services offered to consumers, in the United States and in the United Kingdom. One program that will be available in Canada will be the he Hagerty Plus program. This program features the following benefits:

• Flat Bed Towing

• Road Side Assistance

• Regulatory Advisory

• Youth Programs and support of collectors foundation (a nonprofit organization helping to preserve the collector car hobby)

• Access to Hagerty’s online information

• Hagerty’s Magazine (quarterly publication)

Hagerty Insurance features their "Agreed Value" insurance policy, this policy has one liability fee, flexible usage, no mileage restrictions and the ability to pick their own repair shop.

McKeel Hagerty, CEO of Hagerty Insurance stated that, "Collector car owners in Alberta, British Columbia and Ontario are now able to take advantage of the unique products and services we offer. In partnership with Aviva Canada, we are excited about being actively involved in the Canadian collector car community, by providing unique coverage’s and a host of related services that support the collector lifestyle."

Contact your local Aviva broker for details.

[Source:The Financial]

Comments

[James Driver]

Congrats on providing the collector car insurance. It can be a different style of insuring, but very valuable to the clients that you're insuring. Always hard to find a proper policy in this area, but very worthwhile!

[NR]

What "youth program" are they talking about? I just went to there website only to find that as a driver with less than 10 years of driving experience (under 27 years old) I can't have my collector car insured by them. This might be a little off topic, but the same goes for almost all companies that offer collector car insurance. I've spent the last 4 months contacting insurance companies without so much as a quote to show for it. If they really want to preserve the hobby and support collectors they should allow younger people like myself to protect their cars as well, instead of forcing us to chance it with regular insurance that makes us pay through the nose for minimal coverage and will wright the car off for a fender bender only to pay a small fraction of what the car is actually worth.

[GarryM]

I hear Hagerty doesn't need an appraisal and will insure a collector vehicle based on a photograph.

Something wrong with that. This means Hagerty takes a risk of being taken in a fraud scam. As no independant third party actually sees the vehicle to determine its actual condition and value. I woudl read the fine print on a Hagerty policy. I think the economic slump in the US is going to create theft frauds for Hagerty and someone is going to get hurt.