State Farm, the nation’s largest private passenger vehicle insurer, will collaborate with Hagerty, the leading insurer of classic vehicles beginning in 2022. Classic car owners will be able to bundle their classic car insurance policy with their home and traditional auto insurance with State Farm Classic+.
“We’re thrilled this strategic alliance will position State Farm agents to help customers protect their classic vehicles while giving them an opportunity to connect with a community of car enthusiasts,” said Rand Harbert, State Farm executive vice president and chief agency, sales and marketing officer.
Both companies are already in the automotive insurance business. Hagerty is an automotive lifestyle brand and the leading provider of specialty insurance for classic, vintage and enthusiast vehicles. The company’s insurance program covers collector and classic cars, trucks, SUVs, motorcycles, scooters, boats, motorsport vehicles, high performance track days, modified cars, classic and antique tractors and collector military vehicles.