The Hanover Expands Motorcycle, Off-Road Vehicle Offerings

The Hanover (NYSE:THG) expanded its motorcycle and off-road vehicle (ORV) insurance, broadening availability across additional U.S. states and supporting its total account strategy for agents and customers.

Rhea-AI Summary

The Hanover (NYSE:THG) expanded its motorcycle and off-road vehicle (ORV) insurance, broadening availability across additional U.S. states and supporting its total account strategy for agents and customers.

Motorcycle coverage now includes Maryland and Virginia, while ORV coverage extends to Maine, New Hampshire, Ohio and Pennsylvania.

• Key features: agreed value option for motorcycles
• $1,500 custom equipment and $1,000 rider safety apparel coverage
• Hanover Platinum deductible waiver for bundled accounts

Motorcycle and ORV can be added to any Hanover auto policy, with further ORV expansion planned.

Positive

• Motorcycle insurance expanded into Maryland and Virginia, increasing geographic reach
• ORV insurance added in Maine, New Hampshire, Ohio and Pennsylvania
• Standard coverage includes $1,500 custom equipment and $1,000 rider safety apparel protection
• Products support Hanover’s total account strategy by adding to existing auto policies

Negative

• None.

Argus May 14 session

+1.36% close to close Open Argus

Details

News Market Reaction – THG

In the May 14 session, THG gained 1.36%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights The Hanover’s continued build-out of recreational lines, expanding moto...

Analysis

This announcement highlights The Hanover’s continued build-out of recreational lines, expanding motorcycle coverage into Maryland and Virginia and ORV coverage into several additional states, with features like $1,500 custom equipment and $1,000 safety apparel protection. It fits a broader “total account” strategy that previously added umbrella, cyber, and collector car offerings in 2025. In context of recent record earnings, dividend stability, and a new share repurchase program, investors may watch how these products affect growth and retention over time.

Key Figures

Custom equipment coverage: $1,500 Rider safety apparel coverage: $1,000 Collector car launch year: 2025

Custom equipment coverage

$1,500

Enhanced physical damage coverage for motorcycles and ORVs

Rider safety apparel coverage

$1,000

Enhanced physical damage coverage for motorcycles and ORVs

Collector car launch year

2025

Collector car offering introduced via Hagerty partnership

Historical Context

5 past events · Latest: Apr 29

5 events

1. Apr 29

   Q1 2026 earnings

   24h Move

   +5.7%

   Record Q1 net and operating income with strong returns on equity.

2. Apr 13

   Annual meeting notice

   24h Move

   -0.5%

   Announcement of date and logistics for 2026 shareholder meeting.

3. Mar 30

   Earnings date announcement

   24h Move

   +0.4%

   Scheduling and webcast details for upcoming Q1 2026 results.

4. Feb 24

   Dividend declaration

   24h Move

   +1.5%

   Quarterly cash dividend of $0.95 per common share declared.

5. Feb 5

   Corporate giving update

   24h Move

   +1.7%

   More than $1.5M raised for over 2,000 nonprofits nationwide.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

deductible

1 terms

deductible financial

"Distinctive Hanover Platinum waiver of deductible feature, reinforcing the benefits..."

A deductible is the portion of an insurance claim or bill that the policyholder must pay out of pocket before the insurer contributes. Think of it as the first slice of a restaurant bill you always cover; higher deductibles lower how often an insurer pays small claims but shift more cost to consumers, which can affect demand, claim frequency, company expenses and profit margins—facts investors watch when assessing risk and future cash flow.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WORCESTER, Mass., May 14, 2026 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the expansion of its motorcycle and off-road vehicle (ORV) insurance products, further broadening availability across additional states and reinforcing the company's commitment to delivering broad, total account solutions for agents and customers.

The Hanover has expanded its motorcycle insurance offering into Maryland and Virginia. Its ORV offering is now also available in Maine, New Hampshire, Ohio and Pennsylvania. Key coverage features include:

• An agreed value option for motorcycles, helping ensure owners are protected for the full insured value of their bikes
• Enhanced physical damage coverage for both motorcycles and ORVs that protects what riders invest in, including $1,500 in custom equipment coverage and $1,000 for rider safety apparel
• Distinctive Hanover Platinum waiver of deductible feature, reinforcing the benefits of consolidating coverage under one carrier when it matters most

"These offerings further advance our total account strategy that helps protect our customers' homes, vehicles and lifestyles," said Daniel C. Halsey, president, personal lines at The Hanover. "Recreational lines help our agents deliver a more holistic insurance experience by placing all coverages with a single carrier, improving the customer experience, increasing retention and streamlining the process for both customers and agents."

The Hanover's motorcycle and ORV products are the latest in a series of investments the company has made to deliver a total account experience for its customers through a range of coverage options including umbrella, cyber and collector car, an offering introduced in 2025 through a partnership with Hagerty. Motorcycle and ORV are available to be added to any Hanover auto policy. Motorcycle coverage is available in Connecticut, Georgia, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New York, Ohio, Pennsylvania, Tennessee, Virginia and Wisconsin. ORV coverage is available in Illinois, Maine, Maryland, Massachusetts, Michigan, New Hampshire, Ohio, Pennsylvania, Virginia and Wisconsin, with plans to expand to additional states later this year.

For more information about The Hanover's motorcycle and ORV offerings, please visit hanover.com.

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 company 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.

CONTACTS:
Abby C. Ursoleo	Emily P. Trevallion
aursoleo@hanover.com	etrevallion@hanover.com
508-855-3549	508-855-3263

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-hanover-expands-motorcycle-off-road-vehicle-offerings-302772760.html

SOURCE The Hanover Insurance Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did The Hanover (NYSE:THG) announce about motorcycle and ORV insurance on May 14, 2026?

The Hanover announced an expansion of its motorcycle and off-road vehicle (ORV) insurance into several additional states. According to the company, the move supports its total account strategy, enabling broader coverage options for agents and customers nationwide.

Which new states now have access to The Hanover (THG) motorcycle insurance?

The Hanover has expanded its motorcycle insurance offering into Maryland and Virginia. According to the company, motorcycle coverage is now available in multiple states, including Connecticut, Georgia, Illinois, Massachusetts, New York and others, providing broader options for recreational riders.

Where is The Hanover (THG) off-road vehicle insurance available after the latest expansion?

The Hanover’s ORV coverage is now available in Maine, New Hampshire, Ohio and Pennsylvania, in addition to existing states. According to the company, ORV policies also remain offered in Illinois, Maryland, Massachusetts, Michigan, Virginia and Wisconsin, with more states planned later this year.

What key coverage features are included in The Hanover (THG) motorcycle and ORV insurance?

The Hanover’s motorcycle and ORV insurance includes enhanced physical damage coverage, custom equipment and rider safety apparel protection. According to the company, features include $1,500 for custom equipment, $1,000 for safety apparel, and an agreed value option for motorcycles to protect full insured value.

How do The Hanover’s (THG) motorcycle and ORV products fit its total account strategy?

The motorcycle and ORV products are designed to be added to any Hanover auto policy. According to the company, this supports a total account approach, helping agents place homes, vehicles and recreational coverages with one carrier to streamline service and retention.

What is the Hanover Platinum deductible waiver mentioned in the motorcycle and ORV offerings of THG?

The Hanover Platinum deductible waiver is a feature tied to consolidating coverage with one carrier. According to the company, this waiver reinforces the benefits of bundling policies under Hanover when claims occur, complementing its broader personal lines and recreational coverage strategy.