MORRISTOWN, N.J.--(BUSINESS WIRE)--Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, today announces that its collector vehicle division, Berkley One Classics, is celebrating 50 years in business.
Since 1974 collector vehicle owners have turned to Berkley for knowledge, responsiveness, and stability. Starting in Luverne, Minnesota, the team has grown along with the footprint, now serving collectors and agents in 28 states and insuring a wide array of collector vehicles including classic cars, exotics, vintage motorcycles, military vehicles, and more.
“We’re here to help people live their adventure and nowhere can that be better seen than in the collector car hobby,” states Kathleen Tierney, President of Berkley One. “This part of our business protects what is deeply personal and special to car enthusiasts, and we’re so proud that we can help them keep their collections safe.”
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—with more states expected to be added in 2025 and beyond. The Berkley One team is also active in the hobby, attending events, hosting webinars, and producing content for enthusiasts like the 50 Cars for 50 Years campaign.
“We’re honored to mark this important milestone and motivated to make the next 50 years of Berkley One as special and enduring as a treasured collector vehicle,” says Tierney.
About Berkley One: Berkley One is a member company of Berkley, one of the nation’s premier commercial property casualty insurance providers, whose insurance company members are rated A+ (Superior) by AM Best Company. Founded in 1967, W. R. Berkley Corporation conducts business worldwide through more than 50 operating units and reported $12.1 billion of gross premiums written in 2023.
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.
