Nationwide Insurance will partner with Hagerty to provide a classic car insurance policy through Nationwide agents.
The policy, according to Kurt Ely, vice president of strategic partnerships at Nationwide, is written on Nationwide paper, but it essentially mirrors Hagerty's Guaranteed Value policy with respect to terms and conditions. “We did not go out and build a new product,” Ely says. “We are partnering with Hagerty to offer that product.”
Hagerty, meanwhile, will provide services to support the policy.
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