GEICO re-launches collector car insurance for classic car enthusiasts

  GEICO re-launches collector car insurance for classic car enthusiasts

Business Wire

WASHINGTON -- July 19, 2012

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,” 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.

Contact:

GEICO Communications
301-986-3271