Berkley One Classics Relaunches in Arizona and Michigan

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MORRISTOWN, N.J.--(BUSINESS WIRE)--May 19, 2025--

Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, announces that its collector vehicle division, Berkley One Classics, is introducing a redesigned product and lower rates in Arizona and Michigan, particularly for multi-car policies.

Since 1974, collector vehicle owners have relied on Berkley One Classics for expertise, responsiveness, and stability. Continuing that tradition, Berkley One Classics has reduced rates and increased discounts in Arizona and Michigan, helping vintage car enthusiasts keep cruising forward. They’re also introducing key policy enhancements, including extending the time limit for newly acquired collector vehicles from 30 days to 60 days, removing the vermin exclusion, and adding Disaster Relocation coverage, offering up to $500 per vehicle, with a $5,000 policy-period cap.

For enhanced customization, new endorsements include Salvage Value, allowing policyholders to retain salvage up to $50,000 in a total covered loss, and One Value, bundling coverage for car accessories, tools, documents, and post-loss trailering. These enhancements reflect Berkley One Classics' commitment to longevity, expertise, and personalized service—helping to ensure collectors get the protection they need.

“It’s our 51st year of insuring cars and collectors, and our dedication to the hobby and its passionate enthusiasts remains steadfast,” says Kathleen Tierney, President of Berkley One. “Our goal is always to move forward, so that the vintage car community can help protect what truly matters to them.”

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250519577251/en/

CONTACT: Stacey Silipo

Berkley One

973-355-8220

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA NEW JERSEY MICHIGAN

INDUSTRY KEYWORD: PROFESSIONAL SERVICES AUTOMOTIVE GENERAL AUTOMOTIVE OTHER AUTOMOTIVE INSURANCE PERFORMANCE & SPECIAL INTEREST

SOURCE: Berkley One

Copyright Business Wire 2025.

PUB: 05/19/2025 06:00 AM/DISC: 05/19/2025 06:02 AM

http://www.businesswire.com/news/home/20250519577251/en

 

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