Markel Auto Insurance Review (2023)
Markel is a niche auto insurance company that provides coverage for classic and extremely high-value vehicles. It currently has an A+ rating from the Virginia BBB.
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UPDATED: Sep 29, 2022
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Sep 29, 2022
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Markel Corp.
Average monthly rate for good drivers:
N/AA.M. Best rating:
AComplaint level:
LowPros
- Markel Corp. is considered a first-class provider of specialty insurance products
- Markel provides auto insurance for classic and extremely high-value vehicles
- The company does offer standard policies for boats, ATVs, UTVs, motorcycles, and snowmobiles
Cons
- None to mention
The Bottom Line
Markel Corp. doesn’t provide standard auto insurance in the same vein as some of the national auto insurance companies you see on television.
Being a specialty and niche provider, the auto insurance they do offer is for classic and extremely high-value vehicles.
For example, if you had restored a classic Ford Hudson to the point where it became extremely valuable on the collector’s market, your standard auto policy wouldn’t do you much good. But Markel will write a policy that covers not only accidents and
But Markel will write a policy that covers not only accidents and deaths but also just about any other possible circumstance that can result in the loss of the vehicle.
Research for this Markel auto insurance review led to a Virginia-based company. Markel Corp. is an international property and casualty company offering a variety of niche insurance products through half a dozen subsidiaries.
The company was originally founded in the 1920s by Mr. Sam Markel, who wanted to provide insurance coverage to America’s burgeoning transportation industry.
Since that industry was still in its infancy, Mr. Markel found himself on the cutting edge of developing insurance products no one had ever dealt with before.
Over the course of the next 30 years, Mr. Markel developed the company to provide coverage across the United States and parts of Canada. When he died, his children took over the business and kept it alive.
Today Markel Corp. is considered a first-class provider of specialty insurance products. They have continued to diversify and expand its product line through acquisitions and strategic personnel decisions.
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Markel American Insurance Company vs. Competitors
As a general rule, Markel receives fairly good reviews from customers willing to post to independent review sites. Those who like the company tend to remark that Markel was the only place they could find specialty insurance for their niche needs.
Most notable were those in search of coverage for their scooters in areas where standard auto insurance was inadequate. Common complaints include things like poor billing practices and less-than-desirable customer service.
Markel Corp. is a member of the Virginia Better Business Bureau and currently has a rating of A+.
According to the BBB, they have received a total of six complaints within the last three years; two of them occurred within the last 12 months.
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Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
cruz5759
Terrible Experience; Deceptive Trade Practices; Stay Away
HonestReviewer1977
SCAMMERS MONEY HUNGRY PIGS
Stuartrich
Horrible experience with claim
STststs
Not for me.
James2220
Great
Nikkidd
I would not expect them to cover you without a fight
okaywilldo
Yep Yepp Yepppppppppppppp
ekaratzas
Pain free motorcycle coverage