Hagerty launches broker referral program for Canadian marine product

Hagerty Classic Marine has launched a broker referral program for its Canadian product.
The initiative allows brokers in Canada to refer collector boat insurance clients and receive commission for new and renewal business.
There are no brokerage minimum volume requirements.
Key features of the coverage include:
• agreed value coverage;
• standard, $1-million protection and 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; and
• instant coverage for existing policyholders for newly acquired collector watercraft up to 15 days after purchase.