Markel Insurance
Reviews 2019

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Read small business insurance company reviews including ratings, policy types, customer service, and pricing.

Markel Insurance Ratings

United States Liability Insurance Reviews

Markel Insurance Reviews 2019 (Ratings, Complaints & Coverage). Markel is a holding company for investments, insurance and reinsurance. However, they do have four insurance divisions as well as a reinsurance division.

Their headquarters are in Richmond, Virginia and they underwrite operations in three company segments as well as do major investing through Markel Ventures. Although insurance is their main focus, they invest in wide and varied opportunities that are far outside the scope of insurance.

The company deals almost exclusively in commercial insurance products, and has earned a terrific reputation for providing businesses with commercial insurance products around the world. Let's do an in-depth review and see with this company has to offer.

If you are a business owner looking to buy commercial insurance, read Markel Insurance reviews to learn about Markel Corporation's products.

Check out Markel Insurance reviews, ratings, complaints & coverage for general liability, workers compensation and other small business insurance commercial policies.

Following are some of the answers to commonly asked Markel small business insurance questions:


Does Markel Offer Business Insurance?

Yes, Markel offers business insurance with a focus on small business commercial policies.

What Types Of Commercial Insurance Does Markel Offer?

Markel offers small business insurance policies including: General Liability, Commercial Property, Workers Compensation, Commercial Auto and others.

How Much Does Markel's Small Business Insurance Cost?

The average cost of Markel's commercial insurance policies ranges from $27 to over $119 per month, and is mainly based on your business's: Industry, Location, Gross Sales, Employees and/or Payroll, Policy Limits, Endorsements, Deductibles, Experience & Claims History.

About Markel Insurance

Markel was founded as the Mutual Casual Association in Norfolk, Virginia. The company headquarters eventually moved to Richmond where it stands together. The business was founded in 1930, and it has become a well-known commercial insurance company in the United States. The company founder was Samuel A Markel, but by the end of the 1930s, all four of Markel suns had joined the operation; as business was booming.

At the time, the commercial transportation industry was highly unregulated. Markel was one of the first companies to actually help with the efforts to create safety standards and legitimize the insurance market for the trucking industries and for public transportation. They were instrumental in the passing of the National Motor Carrier Act of 1935.

The company continued to grow throughout the 1940s and developed a solid reputation for fast claim response and adjustments. Their sister company, which is called American Fidelity casualty, covered fleet sales and rentals of buses and trucks - especially semitrucks. The company became an insurance carrier in the 1980s and they went public in 1986 on the NASDAQ with their IPO starting at just $8.33 per share. Some of their most recent actions have included the founding of Essex Insurance Company in Delaware. They are currently located in Richmond, Virginia and they do mostly commercial property insurance.

They also made a number of other acquisitions after their initial public offering in 1986. The Markel Insurance reviews on the Internet are mainly positive.

Markel Insurance Personal Insurance Products

On the consumer products side, Markel does have a few different personal insurance products including the insuring of children at camp for childcare centers as well as insuring of courses, medical transportation devices, art collections and more.

Markel Insurance Business Insurance Products

For commercial products, the list is extremely long and includes things like contracts, data breaches, environmental disasters, energy mishaps, umbrella general liability insurance, Ocean Marine insurance, railroading transportation insurance and the provision of insurance for the commercial side of the above-mentioned list which included pest control, social service agencies, museums, fine art collections, motorcycle, boat and RV, childcare centers, horses, farms, medical transportation and camps. Markel Insurance reviews are very good for their business insurance polices.

Following is a list of Markel Specialty Insurance offerings:

Agricultural and Farm

  • Cattle farm and ranch
  • Farm and ranch
  • Horse farm and ranch
  • Winery and vineyard

Businessowners (BOP)

Child Development and Recreation

  • Camp
  • Commercial child care
  • In-home child care
  • Youth programs and educational services
  • Youth recreation

Commercial and Residential Services

  • Contractors
  • Janitorial services
  • Lawn care
  • Pest control

Community Services

  • Civic and social advocacy organizations
  • Community food services
  • Emergency and other relief services
  • Environmental, conservation, and wildlife organizations
  • Grant-making foundations
  • Residential mental health and substance abuse facilities
  • Services for the elderly and persons with disabilities
  • Temporary shelters
  • Vocational rehabilitation services
  • Youth programs and educational services
  • Other individual and family services

Education

  • Commercial child care
  • Educational services
  • Vocational rehabilitation services
  • Youth programs and educational services
  • Youth recreation

Equine and Livestock

  • Cattle mortality
  • Commercial equine operation
  • Farrier
  • Horse club and association
  • Horse farm and ranch
  • Horse mortality
  • Private horse owner
  • Riding instructor and horse trainer

Main Street Businesses

  • Eateries
  • Food and grocery
  • Medical offices
  • Mercantile
  • Office and professional services
  • Processing and services
  • Wholesale and distribution

Marine

  • Boat
  • High performance watercraft
  • Marine-based businesses
  • Personal watercraft
  • Yacht

Medical Services

  • Ambulance
  • Hospital fleet
  • Medical offices

Outdoors

  • Hunting and fishing lodge
  • Outfitter and guide
  • Rod and gun club

Powersports

  • ATV
  • Boat
  • High performance watercraft
  • Motorcycle
  • Personal watercraft
  • Snowmobile
  • Yacht

Specialty Property

  • Excess and surplus property
  • Manufactured home
  • Multi-family housing
  • Rental and vacant property
  • Sports and fitness
  • Cheer gym
  • Dance
  • Gymnastics
  • Health clubs
  • Martial arts
  • Personal trainer

Other Businesses

  • Investment advisors
  • Museums and fine arts
  • Social and intramural activities

Workers Compensation

Markel Online Account Management

Markel offers and online account portal, where they say you can manage your account 24 hours a day, 7 days a week and:

  • Make payments
  • Sign up for automatic payments - save time and keep your policy current!
  • View policy documents and download proof of insurance
  • View your agent's contact information

Markel Insurance reviews for their online portal are positive.

Markel Insurance Network

Their network exists within the United States and around the world. They had a huge international expansion effort in 2000 when they made a number of acquisitions that netted them offices in the United Kingdom, throughout Europe, all over the Asia-Pacific region and in Canada.

Are Markel's Commercial Insurance Reviews & Ratings Good?

Following are some Markel business insurance ratings found online which appear mixed:

  • BBB.org - The Better Business Bureau rates them 1 out of 5 stars but they have an A+ rating.
  • ExpertInsuranceReviews.com - ExpertInsuranceReviews rates them 4.21 out of 5 stars.
  • Clearsurance.com - Clearsurance rates them 3.34 out of 5 stars.
  • yelp.com - Yelp rates them 2.5 out of 5 stars.

Markel Insurance Contact Information

Address: 4521 Highwoods Parkway, Glen Allen, VA 23068

Website: http://www.markelcorp.com/

Other companies owned: Alterra America Insurance Company, City National Insurance Company, Essentia Insurance Company, Evanston Insurance Company, FirstComp Insurance Company, Independent Specialty Insurance Company, Markel American Insurance Company, Markel Bermuda Limited, Markel Global Reinsurance Company, Markel Insurance Company, Markel International Insurance Company Limited, Lloyd's Syndicate 3000, National Specialty Insurance Company, State National Insurance Company, SureTec Insurance Company, SureTec Indemnity Company and United Specialty Insurance Company.

The Bottom Line On Markel Insurance

This is a good insurance company that has an excellent reputation with consumers online as well as businesses that use them. They do have a few consumer product lines, but the majority of their efforts are marketed towards businesses.

They have several different specialty insurance lines as well as regular company liability for more unique businesses like campgrounds and summer camps for kids. Their rates seem to be comparable with other insurance companies of this type, and they have a great deal of information on their website as well as brokers throughout the United States and all over the world that can help you choose your plan. Markel Insurance reviews are above average for their business insurance offerings.

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Markel Insurance Reviews
Rated 4.0/5 based on 11 reviews
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