Berkley One Classics Introduces a Redesigned Product and Lower Rates in Georgia

Business Wire

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, announces that Berkley One Classics, a provider of insurance solutions for collector vehicles since 1974, has introduced new policy and pricing updates for the Georgia market. Rate reductions have been implemented on multi-car and low-deductible accounts, complemented by expanded multi-car discounts to include new savings for accounts with two or more collector vehicles.

The updated policy form expands the coverage window for Newly Acquired Vehicles from 30 to 60 days, eliminates the vermin exclusion, and adds Disaster Relocation coverage of up to $500 per vehicle, with a $5,000 cap per policy period. Two new optional endorsements are also now available: Salvage Value, which allows retention of salvage up to $50,000 following a total covered loss, and One Value, which bundles coverage for car covers, tools, documents, personal effects, and post-loss trailering. These enhancements mark Berkley One Classics’ 51st year with continued investment in coverage flexibility and collector-focused service.

“Every year is a milestone, but this one reflects our deep commitment to this community,” says Kathleen Tierney, President of Berkley One. “We’re excited to not just keep pace with the collector community, but to evolve alongside it. It’s important for us to deliver coverage that’s as thoughtful and distinctive as the vehicles themselves.” Today, insurance for collector vehicles is provided by Berkley One Classics in Arizona, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New York, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Texas, Utah, Virginia, Washington, Wisconsin and Wyoming.

About Berkley One: Berkley One is a member of Berkley, one of the nation’s premier commercial property casualty insurance providers, whose insurance company members are rated A+ (Superior) by A. M. Best Company. Founded in 1967, W. R. Berkley Corporation conducts business worldwide through more than 55 businesses and reported $14.2 billion of gross premiums written in 2024.

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.