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      "text": "Digital and technology teams are progressing through the testing phase and regulatory approval process\nExpect to begin activating State Farm's ~19,500 agents in 2023, including offering State Farm Classic+ policies and Hagerty Drivers Club in four states in the fall of 2023\n480,000+ existing collector car policies plus up to 75% HDC enrollment possible on new insurance policies\nAnticipated average annual revenue per customer: $85-$110\nState Farm aligned in the success of the 10-year commercial partnership with an initial $500 million investment in Hagerty in 2021 as well as an additional $50 million investment in June of 2023 and $25 million commitment of long-term financing",
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      "text": "HAGERTY + STATE FARM PARTNERSHIP",
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