WASHINGTON?()?GEICO
has re-launched its collector car insurance product that specializes in
coverage for classic and vintage cars. The insurance product was brought
back by popular demand after policyholders expressed a desire to have
the coverage available to them again.
?GEICO?s collector car insurance is a valuable product for our customers
who are passionate about their vehicles?
?GEICO?s collector car insurance is a valuable product for our customers
who are passionate about their vehicles,? said John Zinno, GEICO vice
president. ?The collector car product ensures all GEICO policyholders
are covered regardless of their make and model and gives our customers
another option to keep all of their business under the GEICO umbrella.?
According to Daniel Carini, GEICO sales manager, ?Collector car
insurance coverage is different from a regular auto policy because
customers can choose agreed-value coverage. The policyholder and the
insurer agree on the value of the car and that amount is paid out in the
event of a total loss. So, there is no question about the value of the
vehicle when it is time to settle your claim.?
Other features include coverage for lost or stolen parts, towing
services, any transportation or lodging expenses if a policyholder?s
vehicle becomes disabled more than 15 miles from home, and coverage in
case a pet is injured in an accident involving the collector vehicle.
For more information on GEICO?s collector car insurance product, please
visit www.geico.com.
GEICO (Government Employees Insurance Company) is a member of the
Berkshire Hathaway family of companies and is the third-largest private
passenger auto
insurer in the United States. GEICO handles auto
insurance coverage for 11 million private passenger auto policies
and insures more than 17.5 million vehicles.
In addition to auto insurance, GEICO offers customers insurance products
for their motorcycles, all-terrain vehicles (ATVs), travel trailers and
motorhomes (RVs). Coverage for life, boats, homes and apartments is
available through the GEICO Insurance Agency. Personal umbrella
protection is also available.
Coverage for commercial auto insurance is underwritten by Government
Employees Insurance Company. In some cases coverage is provided through
the GEICO Insurance Agency, Inc., either under an arrangement with
National Indemnity Company (NICO), a Berkshire Hathaway affiliate, or
with non-affiliated insurance companies.
Article source: http://eon.businesswire.com/news/eon/20120719006543/en
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