- The Hanover Insurance Group (THG, Financial) partners with Hagerty (HGTY) to introduce specialized insurance for classic cars.
- The new "Hanover Collector Car" service combines The Hanover's protection with Hagerty's expertise in valuations and claims.
- Initially available in Michigan and Illinois, with plans for expansion to additional states.
The Hanover Insurance Group, Inc. (THG), a leading provider of comprehensive insurance solutions, has announced a strategic collaboration with Hagerty (HGTY) to offer a new specialized insurance product, Hanover Collector Car. This service is designed specifically for classic car enthusiasts, combining The Hanover's total account protection with Hagerty's renowned expertise in collector vehicle claims and valuation services.
Currently available through The Hanover's independent agents in Michigan and Illinois, the new offering caters to both new and existing customers. The partnership with Hagerty aims to enhance The Hanover's total account offerings by providing focused protection tailored to collectible vehicles. There are plans for future expansion into additional states, broadening the availability of this unique insurance product.
Brad McCreedy, Vice President of Personal Lines Strategy at The Hanover, emphasized the importance of this collaboration, stating, "The Hanover's relationship with Hagerty allows us to strengthen our total account offerings and ease of doing business, with the outstanding claims experience our customers expect – backed by experts who really understand this unique market."
For more information on Hanover Collector Car, powered by Hagerty, customers are encouraged to visit The Hanover Insurance Group's website.
