Toronto, ON (Jan. 8, 2014) – Hagerty, the world’s leading provider of classic vehicle insurance, and Aviva Canada Inc., one of Canada’s leading providers of home, auto, recreational vehicle, group and business insurance are pleased to announce the launch of a classic car insurance program in New Brunswick, Canada. This classic car insurance program is a specialized “Agreed Value” policy that differs from a regular auto policy by recognizing classic car values do not depreciate and typically increase over a period of time.
The Hagerty policy is available through the Aviva Broker network, with Hagerty also accepting other broker business throughout the entire province. The program typically does not require an appraisal to obtain coverage, and Hagerty can assist with proper valuation. Also included is access to an extensive network of products and resources designed to help classic car owners find information and get the most enjoyment out of their vehicles.
“North America is the most active segment of the classic car world and we are witnessing all-time records of ownership and usage,” said McKeel Hagerty, President and CEO of Hagerty. “By partnering with Aviva Canada, citizens of New Brunswick are now able to join a global network of classic car owners who share the same passion for collecting, driving their classics, and preserving the future of this industry.”
“Classic car owners are a passionate group,” said Greg Somerville, President and CEO of Aviva Canada. “By teaming up with the world-class team at Hagerty, our broker partners and customers can be certain that the best possible team is protecting their cherished vehicles.”
Based in Traverse City, Michigan, Hagerty is the world’s leading insurance provider for classic vehicles and host to the largest network of classic car owners. In Canada, Hagerty offers insurance for many types of classic vehicles including original and modified cars, trucks, military, exotic and special interest, and retired commercial vehicles. In addition to insurance products, Hagerty also provides online Valuation Tools and publishes the Hagerty Price Guide, which are the premier price and value guides for post-war collectible automobiles. Hagerty began offering Classic Car policies in Canada in 2009. The Hagerty policy and benefits are currently offered in Alberta, British Columbia, Ontario, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and New Brunswick. For more information, call (877) 922-9701 or visit www.hagerty.ca.
About Aviva Canada
Aviva Canada is one of the leading Property and Casualty insurance groups in Canada providing home, automobile, recreational vehicle, group and business insurance to more than three million customers. A wholly-owned subsidiary of UK-based Aviva plc, the company has more than 3,000 employees, 25 locations and 1,700 independent broker partners. Aviva Canada and its employees invest in positive change including through the Aviva Community Fund and Eva’s Initiatives, its partner in Aviva’s global Street to School program to help homeless and other at-risk youth reach their potential. For more information visit AvivaCanada.com.
SOURCE: Aviva Canada Inc.