# Hagerty, Inc.
Headquartered in Traverse City, Michigan, Hagerty operates as a specialty insurance provider focused exclusively on collector cars and enthusiast vehicles. The company underwrites, sells, and services insurance policies tailored to the unique needs of vehicle collectors, offering coverage designed around the usage patterns and valuation characteristics of classic and specialty automobiles rather than standard consumer vehicles.
The business generates revenue through multiple streams beyond core insurance underwriting. Hagerty Drivers Club memberships, typically bundled with insurance policies, provide subscribers access to roadside assistance, member publications, curated automotive events, a proprietary vehicle valuation tool, and vehicle-related discounts. The company also operates a marketplace platform that complements its insurance and membership offerings, creating additional touchpoints within the enthusiast vehicle ecosystem.
Hagerty operates primarily throughout the United States. The company functions as a subsidiary of Hagerty Holding Corp., reflecting its position within a broader organizational structure focused on the collector vehicle market. Its business model concentrates on a specific niche within property and casualty insurance rather than pursuing broad-based coverage across vehicle types.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | — | — | — | |
| 2024 | — | — | — | |
| 2023 | — | — | — | |
| 2022 | $-0.56 | $0.39 | +0.0% | |
| 2021 | $-0.56 | $-0.56 | — |