XML 78 R53.htm IDEA: XBRL DOCUMENT v3.22.4
Summary of Significant Accounting Policies and New Accounting Standards (Details)
12 Months Ended
Dec. 31, 2022
USD ($)
segment
Dec. 31, 2022
GBP (£)
segment
Dec. 31, 2021
USD ($)
Aug. 31, 2022
Jan. 31, 2022
Jan. 01, 2022
USD ($)
Dec. 02, 2021
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Amount retained $ 10,000,000 £ 1,000,000          
Number of operating segments | segment 1 1          
Number of reportable segments | segment 1 1          
Impairment of operating lease right-of-use assets $ 4,698,000   $ 0        
Goodwill, impairment loss $ 0   0        
Membership period 1 year 1 year          
Advertising expense $ 27,800,000   24,100,000        
Tax benefit distributions to noncontrolling interest holders, percent             85.00%
Tax benefit retained by parent, percent             15.00%
Annual exposure limit 11,400,000   10,800,000        
Losses and loss adjustment expenses 182,402,000   122,080,000        
Self insurance reserve $ 1,200,000   900,000        
Matching contribution 4.00% 4.00%          
Defined contribution plan $ 6,200,000   4,900,000        
Media content 5,580,000   3,335,000        
Operating lease ROU assets 82,398,000   0     $ 72,800,000  
Total lease liabilities 88,328,000         72,800,000  
Accumulated earnings (deficit) (489,602,000)   (482,276,000)        
Accounting Standards Update 2020-05              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Accumulated earnings (deficit)           $ 4,300,000  
Broad Arrow Group, Inc.              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Equity method investment, ownership percentage         40.00%    
Broad Arrow Group, Inc.              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Business combination, percentage of voting interest acquired       60.00%      
Labor And Related Expense              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Losses and loss adjustment expenses $ 13,200,000   10,900,000        
Cumulative Effect, Period of Adoption, Adjustment              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Media content     $ 3,300,000        
Minimum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Renewal term 1 year            
Remaining lease term 1 year            
Minimum | Insurance policy renewal rights              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 3 years 3 years          
Minimum | Internally developed software              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 3 years 3 years          
Minimum | Trade Names              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 3 years 3 years          
Minimum | Noncompete Agreements              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 3 years 3 years          
Minimum | Customer Relationships              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 3 years 3 years          
Maximum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Renewal term 20 years            
Remaining lease term 14 years            
Maximum | Insurance policy renewal rights              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 25 years 25 years          
Maximum | Internally developed software              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 25 years 25 years          
Maximum | Trade Names              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 25 years 25 years          
Maximum | Noncompete Agreements              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 25 years 25 years          
Maximum | Customer Relationships              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Intangible asset useful life 25 years 25 years          
Computers | Minimum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 3 years 3 years          
Computers | Maximum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 7 years 7 years          
Automobiles | Minimum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 3 years 3 years          
Automobiles | Maximum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 7 years 7 years          
Office furniture | Minimum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 3 years 3 years          
Office furniture | Maximum              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 7 years 7 years          
Building and Building Improvements              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
Property, plant and equipment, useful life 39 years 39 years          
The Hagerty Group, LLC              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
LLC ownership percent 24.50% 24.50% 24.70%        
Member Hubs Holding, LLC | The Hagerty Group, LLC              
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]              
LLC ownership percent 80.00% 80.00%