#United States #Hagerty #Hanover Insurance #Worcester, Massachusetts #Collector Car

The Hanover and Hagerty Collaboration

In an exciting development for car enthusiasts, The Hanover Insurance Group, Inc. has announced a collaboration with Hagerty to roll out a new specialized insurance product tailored for collector cars. This innovative offering, named Hanover Collector Car, combines the robust protection services provided by The Hanover with Hagerty's extensive expertise in the niche of classic vehicle claims and valuation services.

Importance of Specialized Insurance for Car Collectors

As the market for collector cars continues to grow, the need for specialized insurance becomes increasingly vital. Collectors often possess vehicles that are not only valuable in monetary terms but also carry significant sentimental value. Brad McCreedy, the vice president of personal lines strategy at The Hanover, emphasized the importance of protecting customers' prized possessions with comprehensive coverage provided by a single reliable carrier. He stated, "We believe protecting customers' most precious assets with one carrier is critical in helping them gain true peace of mind."

This sentiment resonates well with car collectors who often face unique challenges when seeking insurance coverage for their vehicles. Traditional policies may not adequately reflect the true value of classic cars, leading to potential financial losses in case of theft or damage. This is where the partnership between The Hanover and Hagerty comes into play, offering a solution that is not only designed specifically for collectible vehicles but also provides an outstanding claims experience supported by experts who truly understand this unique market.

What Hanover Collector Car Offers

The Hanover Collector Car insurance is available through The Hanover's independent agents in key markets, namely Michigan and Illinois, catering to both new and existing customers. For collectors, this means not only tailored coverage but also the ease of dealing with one trusted insurer that understands their specific needs. As Brad McCreedy puts it, this offering presents "the best of both worlds."

Looking ahead, The Hanover plans to expand this specialized insurance product to additional states in the near future, which could potentially benefit a larger community of car collectors throughout the country.

Nick Cassell, Hagerty's Vice President of Insurance Business Partner, underscored the significance of this collaboration, stating that it supports collectible car owners who wish to protect their vehicles. He expressed enthusiasm about working alongside The Hanover and its exceptional independent agents to achieve a common objective: securing a greater number of collector cars.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc. stands as one of the largest insurance companies in the United States. Renowned for its comprehensive insurance solutions, The Hanover has developed a reputation for delivering exceptional service through an extensive network of independent agents and brokers. They offer both standard and specialized insurance protections, catering to various sectors from home and automobile coverage to small and mid-sized business insurance.

For more information on the Hanover Collector Car insurance and other offerings, interested individuals can visit hanover.com.

About Hagerty

Hagerty, Inc. is recognized as a leading automotive brand dedicated to preserving driving and fostering car culture for future generations. It offers specialty vehicle insurance, expert valuation data, and related services for the automotive enthusiast community. With a presence not only in the U.S. but also in Canada and the U.K., Hagerty operates the Hagerty Drivers Club, which boasts more than 850,000 members passionate about cars. More details can be found on their website at hagerty.com.

This collaboration between The Hanover and Hagerty not only represents a significant advancement in collector car insurance but also reflects a growing recognition of the unique needs of car enthusiasts. As this partnership unfolds, it certainly promises to further enrich the experience of collecting and protecting cherished vehicles.