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The Hanover and Hagerty Collaborate to Provide Collector Car Protection

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The Hanover Insurance Group (NYSE: THG) has announced a strategic collaboration with Hagerty (HGTY) to offer specialized insurance for classic cars. The new product, Hanover Collector Car, combines The Hanover's total account protection with Hagerty's expertise in collector vehicle claims and valuation services.

The service is initially available through The Hanover's independent agents in Michigan and Illinois for both new and existing customers, with plans for future expansion to additional states. The partnership aims to strengthen The Hanover's total account offerings while providing specialized protection for collectible vehicles.

Il Gruppo Assicurativo Hanover (NYSE: THG) ha annunciato una collaborazione strategica con Hagerty (HGTY) per offrire assicurazioni specializzate per auto d'epoca. Il nuovo prodotto, Hanover Collector Car, combina la protezione totale dei conti di Hanover con l'esperienza di Hagerty nelle richieste di risarcimento e nei servizi di valutazione per veicoli da collezione.

Il servizio è inizialmente disponibile tramite gli agenti indipendenti di Hanover in Michigan e Illinois per clienti nuovi ed esistenti, con piani per una futura espansione in altri stati. La partnership mira a rafforzare l'offerta totale di conti di Hanover, fornendo al contempo una protezione specializzata per i veicoli da collezione.

El Grupo de Seguros Hanover (NYSE: THG) ha anunciado una colaboración estratégica con Hagerty (HGTY) para ofrecer seguros especializados para autos clásicos. El nuevo producto, Hanover Collector Car, combina la protección total de cuentas de Hanover con la experiencia de Hagerty en reclamaciones y servicios de valoración de vehículos de colección.

El servicio está disponible inicialmente a través de los agentes independientes de Hanover en Michigan e Illinois para clientes nuevos y existentes, con planes de expansión futura a otros estados. La asociación tiene como objetivo fortalecer la oferta total de cuentas de Hanover, al tiempo que proporciona una protección especializada para vehículos coleccionables.

하노버 보험 그룹 (NYSE: THG)하게르티 (HGTY)와 전략적 협력을 발표하여 클래식 자동차를 위한 전문 보험을 제공합니다. 새로운 상품인 하노버 컬렉터 카는 하노버의 전체 계좌 보호와 하게르티의 수집 차량 청구 및 평가 서비스에 대한 전문성을 결합합니다.

이 서비스는 처음에 미시간과 일리노이의 하노버 독립 에이전트를 통해 신규 및 기존 고객에게 제공되며, 향후 추가 주로 확장할 계획입니다. 이 파트너십은 하노버의 전체 계좌 제공을 강화하고 수집 가능한 차량에 대한 전문 보호를 제공하는 것을 목표로 합니다.

Le Groupe d'Assurances Hanover (NYSE: THG) a annoncé une collaboration stratégique avec Hagerty (HGTY) pour offrir une assurance spécialisée pour les voitures classiques. Le nouveau produit, Hanover Collector Car, combine la protection totale des comptes de Hanover avec l'expertise de Hagerty en matière de réclamations et de services d'évaluation pour les véhicules de collection.

Le service est initialement disponible par l'intermédiaire des agents indépendants de Hanover dans le Michigan et l'Illinois pour les nouveaux et les anciens clients, avec des projets d'expansion future dans d'autres États. Le partenariat vise à renforcer l'offre totale de comptes de Hanover tout en fournissant une protection spécialisée pour les véhicules de collection.

Die Hanover Versicherung Gruppe (NYSE: THG) hat eine strategische Zusammenarbeit mit Hagerty (HGTY) angekündigt, um spezialisierte Versicherungen für Oldtimer anzubieten. Das neue Produkt, Hanover Collector Car, kombiniert den umfassenden Kontoschutz von Hanover mit der Expertise von Hagerty in Bezug auf Schadensfälle und Bewertungsdienste für Sammlerfahrzeuge.

Der Service ist zunächst über die unabhängigen Agenten von Hanover in Michigan und Illinois für neue und bestehende Kunden verfügbar, mit Plänen für eine zukünftige Expansion in weitere Bundesstaaten. Die Partnerschaft zielt darauf ab, das gesamte Angebot von Hanover zu stärken und gleichzeitig einen spezialisierten Schutz für Sammlerfahrzeuge zu bieten.

Positive
  • Strategic expansion into specialized classic car insurance market
  • Partnership with industry expert Hagerty enhances service offerings
  • Potential for geographic expansion beyond initial states
Negative
  • initial market availability (only two states)

WORCESTER, Mass., April 9, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG), a leading national insurance provider for individuals, families and businesses, today announced a collaboration with Hagerty (HGTY) to provide specialized insurance for classic cars. The new product, Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known for with Hagerty's expertise in collector vehicle claims and valuation services.

"We believe protecting customers' most precious assets with one carrier is critical in helping them gain true peace of mind," said Brad McCreedy, vice president of personal lines strategy at The Hanover. "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. It's the best of both worlds."

Hanover Collector Car, powered by Hagerty, is offered through The Hanover's independent agents in Michigan and Illinois to new and existing customers. The company expects to expand this offering to more states in the future.

"We believe that joining forces with The Hanover further supports collectible car owners who want to protect the vehicles that mean so much to them," said Nick Cassell, Hagerty's Vice President - Insurance Business Partner. "We look forward to working with The Hanover and their exceptional independent agent partners to achieve our mutual goal of protecting more of these cars."

To learn more, please visit: Hanover Collector Car, powered by Hagerty.

About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.  

About Hagerty, Inc.
Hagerty is an automotive enthusiast brand committed to saving driving and to fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 850,000 who can't get enough of cars. For more information, please visit www.hagerty.com or connect with us on Facebook, Instagram and LinkedIn.

CONTACTS:


Kyle Tildsley

Emily P. Trevallion

ktildsley@hanover.com

etrevallion@hanover.com

508-855-3287

 508-855-3263

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SOURCE The Hanover Insurance Group, Inc.

FAQ

What states offer The Hanover's new collector car insurance program with Hagerty?

The program is currently available in Michigan and Illinois, with plans for expansion to additional states.

What services does the Hanover Collector Car insurance program include?

The program combines The Hanover's total account protection with Hagerty's specialized collector vehicle claims and valuation services.

Who can apply for THG's collector car insurance program?

Both new and existing customers of The Hanover can apply through independent agents in eligible states.

How does THG's partnership with Hagerty benefit classic car owners?

The partnership provides specialized protection for collector vehicles while maintaining total account coverage under one carrier.
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