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Hagerty HGTY Marketplace — 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: | Insurance / (in thousands) | Marketplace / (in thousands) | Total / (in thousands) |
|---|---|---|---|
| Total revenue | 314,892 | 39,930 | 354,822 |
| EXPENSES: | |||
| Losses and loss adjustment expenses, net | 110,709 | — | 110,709 |
| Policy acquisition costs, net | 83,641 | — | 83,641 |
| Underwriting and other insurance expenses | 62,947 | — | 62,947 |
| Selling, general, and administrative expenses | 55,931 | 38,984 | 94,915 |
| Interest expense and other, net | (1,103) | (106) | (1,209) |
| Total segment expenses | 312,125 | 38,878 | 351,003 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's marketplace — policy acquisition costs, net?
- Hagerty (HGTY) reported marketplace — policy acquisition costs, net of $0 in Q2 2026.
- What does marketplace — policy acquisition costs, net mean?
- Includes commissions, brokerage fees, and other direct costs incurred to acquire new insurance policies or renew existing ones. This metric measures the efficiency of the segment's sales and distribution channels in attracting customers. It is a key component in determining the profitability of the segment's underwriting operations.
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