Frank and Louise Hagerty started out as personal lines insurance agents. But their true passion was vintage boats and classic cars, and they had a problem: they couldn't find insurance coverage for their treasured wooden boats.
So, in 1984, Frank and Louise invented their own. Out of the family basement, they launched the first Agreed Value policy for boats, completely changing the way collector boats were insured. This specialty coverage was a big hit, and within a few years, half of all vintage boat owners were Hagerty clients.
Then, in '91 they decided that classic cars deserved better coverage too, and they introduced the first specialty auto policy that combined Agreed Value, flexible usage and in-house claims handling.
Over three decades, Hagerty has become the worldwide leader of collector car and boat insurance. Our passion for the hobby and the firm belief that our clients deserve the best has kept us innovative every step of the way. And things just keep getting better.