Hagerty Marine Announces Expansion into Cananda
The World’s Leader in Collector Boat Insurance will be Available in Canada Beginning in September 2010
Published: Friday, September 24, 2010 7:00 am
By: Hagerty Marine Insurance
TRAVERSE CITY, Mich.– Hagerty Classic Marine, the world's leading provider of collector boat insurance, has expanded its operations into Canada. The move provides collector boat owners in Canada with similar insurance products and services as those currently being offered in the United States. Hagerty's Canadian operations will be underwritten by Elite Insurance Company, a member of the Aviva 
Canada group of insurers.
"In speaking with Canadian collectors at shows and club events over the years we realized a true need for our marine products and services," said McKeel Hagerty, CEO of Hagerty Insurance. "We look forward to being a part of the collector boat community in Canada – not just with our unique coverage options, but through everything we do to support the classic boating lifestyle."
Through the relationship with Aviva, Hagerty will provide Agreed Value classic boat insurance coverage. Key features will include:
- Instant coverage for existing policyholders for newly acquired collector watercraft up to 15 days after purchase
- Standard $1,000,000* Protection & Indemnity (Watercraft Liability), including Salvage, Accidental Fuel Spill and Uninsured/Underinsured Boaters Liability
- Enhanced coverage for Communication and Navigation Equipment
- $1,000 Emergency Towing coverage and $5,000 Personal Effects coverage
*Optional limits may be available
The new program will be available in Ontario beginning in September, with additional provinces rolled out over the coming year. For more information, please contact Hagerty at 800-762-2628, email [email protected] or visit us online at www.hagerty.ca/marine.
About Hagerty
Hagerty Classic Marine Insurance Agency, LLC. is the leading insurance agency for collector boats in the United States. Its affiliate, Hagerty Canada, LLC offers insurance in Canada for qualifying classic and wooden boats. For more information, call 800-762-2628 or visit www.hagerty.ca/marine.
