Hagerty Classic Marine has created a broker referral program for its Canadian product. This move will allow brokers in Canada to refer collector boat insurance clients and receive commission for new and renewal business. There are no brokerage minimum volume requirements, and referral commissions will be paid by Hagerty Canada in the month following policy issuance.
Key features of Hagerty classic boat insurance include:
- Agreed value coverage
- 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
- Instant coverage for existing policyholders for newly acquired collector watercraft up to 15 days after purchase
*Optional limits may be available.
Topics Agencies New Markets Canada
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