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Hagerty HGTY Insurance — Policy acquisition costs, net
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept hgty:PolicyAcquisitionCostsNet.
The source filing: Hagerty’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 1:40 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001840776-26-000031
| REVENUES: | Three months ended June 30, 2026 / (in thousands, except per share amounts) | Three months ended June 30, 2025 / (in thousands, except per share amounts) | Six months ended June 30, 2026 / (in thousands, except per share amounts) | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Total revenue | 354,822 | 379,309 | 666,652 | 707,645 |
| EXPENSES: | ||||
| Losses and loss adjustment expenses, net | 110,709 | 75,213 | 208,628 | 146,343 |
| Policy acquisition costs, net | 83,641 | 82,938 | 185,563 | 160,271 |
| Underwriting and other insurance expenses | 62,947 | 1,222 | 122,535 | 2,579 |
| Selling, general, and administrative expenses | 95,265 | 161,627 | 167,681 | 305,672 |
| Interest expense and other, net | 28 | 4,946 | 950 | 6,635 |
| Total expenses | 352,590 | 325,946 | 685,357 | 621,500 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's insurance — policy acquisition costs, net?
- Hagerty (HGTY) reported insurance — policy acquisition costs, net of $83.64M in Q2 2026.
- What does insurance — policy acquisition costs, net mean?
- Expenses directly related to the acquisition of new insurance policies, such as commissions paid to agents and brokers, net of any ceding commissions received. It measures the efficiency and cost-effectiveness of the company's distribution and sales channels.
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