From Million-Dollar Wrecks to Lifetime Clients: Lessons from the Claims Team
Description
What if the make-or-break moment in your client relationship wasn’t when you wrote the policy, but when disaster struck? Lee Meeler, Jeff Mullenix and David Herbert from Hagerty’s claims team reveal what really happens when a high-value collector car is damaged, and how a smooth, transparent process creates loyal customers.
From missing classics found via Google Street View to multi-million dollar supercars reborn at the factory, you’ll hear the stories that show why collector car claims are nothing like standard auto insurance.
Whether you’re a seasoned broker or new to the niche, you’ll discover how specialized knowledge and a human touch can turn claims from business risks into powerful referrals.
Here’s what we’ll cover in this episode:
(02:43 ) Collector car market update and why agents should care
(10:23 ) Meet the Hagerty claims leadership team
(13:29 ) Why classic car claims are so complex (and fascinating)
(16:41 ) Claims stories: Lost classics, high-stakes repairs, McLaren millionaires
(23:32 ) Building the dream material damage team
(25:39 ) How Hagerty handles claims for modified, rare, and exotic vehicles
(26:47 ) What really separates classic car claims from standard auto claims
(31:45 ) Secret sauce: How Hagerty sources rare parts and supports repairs
(34:40 ) Stated vs. Agreed vs. Guaranteed Value – what every agent must know
(36:49 ) Net Promoter Score – proof that claims can build lasting business
(39:48 ) Handling total losses, salvage, and the “Cherished Salvage” difference
(44:14 ) Catastrophe claims – Hagerty’s “Three Ps” approach
(49:23 ) Rapid-fire: Top advice for agents during the claims process
(55:11 ) Power tip: Why dash cams matter for your clients
(56:34 ) Podcast wrap-up & collector car spotlight: All about Pontiacs
Links mentioned in this episode: