Hagerty is a unique company that operates in the niche market of classic and collector cars. It primarily serves car enthusiasts, collectors, and owners of vintage vehicles. The company offers a range of services including insurance for classic cars, valuation tools, and a vibrant online community for car lovers.

Hagerty's business model revolves around providing specialized insurance policies tailored to the needs of classic car owners. Unlike standard auto insurance, Hagerty's policies take into account the unique value and usage patterns of collector cars. This allows them to offer more competitive rates and better coverage options for their clients.

In addition to insurance, Hagerty generates revenue through its membership program, which offers a variety of perks such as roadside assistance, access to exclusive events, and discounts on car-related products and services. The company also engages its community through content creation, including articles, videos, and virtual car shows, which helps to build a loyal customer base and attract new clients.

Hagerty operates in the broader automotive market but focuses specifically on the classic and collector car segment. This specialization allows them to cater to a passionate and dedicated clientele who value their vehicles not just as modes of transportation, but as investments and pieces of history.

Overall, Hagerty makes money through insurance premiums, membership fees, and partnerships with other companies in the automotive industry. Their strong community engagement and specialized services make them a leader in the classic car market.

Keywords: classic cars, collector cars, insurance, valuation tools, membership program, car enthusiasts, vintage vehicles, automotive market, community engagement, specialized services.