Markel Auto Insurance Review for 2024 (See if They’re a Good Fit)

This Markel auto insurance review shines a light on the company’s unique services, such as particular coverage for classic and high-value cars.

Markel is recognized for offering protection to collector cars and rare valuables, providing full safeguards that typical insurance companies may not consider.

They maintain a strong A+ rating from BBB by addressing distinctive requirements through tailored programs and specialized underwriting.

Markel Auto Insurance Rating

Their traditional car insurance plan is very noticeable, offering protection specially designed for reclaimed and collector’s cars. Markel’s dependability and emphasis on unique insurance make it a dependable alternative for particular markets. You can start comparing auto insurance rates side-by-side by entering your ZIP code above.

What You Should Know About Markel American Insurance Company

As a general rule, Markel Service, Inc. receives fairly good reviews from customers who are willing to post to independent review sites. Those who like the company tend to remark that Markel was the only place to find specialty insurance for their niche needs.

Most notable were those searching for 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. Explore the specifics of what standard auto insurance covers in your policy.

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. All complaints were closed after Markel Assurance demonstrated that they were addressed to the customer’s satisfaction. Of the six complaints, two were in relation to advertising and sales while the other four were concerned a product or service the company provides.

Markel American Insurance Company Insurance Rates Breakdown

Customers will not find a quote tool, or any references to quotes for that matter, on the Markel Corporation website. However, the individual subsidiary sites do offer online quote tools. Markel American, for example, allows you to begin the quote process by clicking a button located strategically in the right column of their main page.

Markel Auto Insurance Monthly Rates by Coverage Level, Age, & Gender

Like with any quote tool, it is assumed users will need to provide their address and zip code along with pertinent information about the vehicles they want to cover. Quotes for their other insurance covers work similarly on subsidiary sites with embedded quote tools. Of course, interested consumers can always contact the individual subsidiary directly and speak to a representative.

The company also utilizes independent auto insurance agents you can contact for quotes. In some instances, such as classic car insurance, an agent will most likely have to visit your location and do a personal inspection before a quote can be rendered.

The car insurance costs from Markel significantly change depending on the driving record, and they offer reduced premiums for drivers with good records. For those with a clean history, the prices can go as low as $54 for limited coverage, while events such as DUIs could increase full cover rates to $200. The table below shows how much monthly costs vary at different coverage levels based on your driving background.

Read more: What are the recommended auto insurance coverage levels?

Markel Auto Insurance Agents and Locations

Markel Corp. maintains its Virginia headquarters, four regional offices, the Markel American office, and an international office. All these offices’ contact information is freely available on the corporate website. Through their acquisitions over the years, they may also have some local offices scattered around the country, even though their website doesn’t list any.

While Markel works directly with customers regarding selling and servicing policies, it also has a network of independent brokers nationwide.

There are brokers in every state, so you should be able to find one in your area.

Markel’s website makes finding a local broker easy with an interactive map showing all 50 states. Customers click on their state and wait a few seconds for the website to return a complete list of names and contact information. In more rural areas, you may not find a local broker in your immediate vicinity, but you should be able to find one within a reasonable distance.

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Markel Insurance is a reputable insurance provider known for its strong financial stability and customer service. Here is some basic information about them:

• Markel Insurance Company Address: 4521 Highwoods Parkway Glen Allen, VA 23060
• Markel Insurance Company Phone Number: 1-800-431-1927
• Markel Insurance Customer Service Phone Number: 1-800-431-1927; choose the option for customer service
• Markel Motorcycle Insurance Phone Number: 1-800-236-2353
• Markel Insurance Company A.M. Best Rating: A+
• Markel Insurance Locations: Markel Insurance operates in multiple locations across the United States

Markel’s offices are located in America and internationally. Markel Insurance even operates in Hawaii. Markel’s Corporate Headquarters, located in Richmond, Virginia, oversees its diverse insurance offerings. Markel has offices across the United States and globally, supporting their wide-ranging clientele.

Markel American Insurance Company Insurance Coverage Options

Markel Corp. doesn’t provide standard auto insurance in the same vein as some national auto insurance companies you see on television. Being a specialty and niche provider, their auto insurance is for classic and highly high-value vehicles. Learn how classic car insurance protects restored collector cars.

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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 deaths but also any other possible circumstance that can result in the loss of the vehicle.

Markel auto insurance provides many kinds of coverage to fit drivers’ and car owners’ needs. Each choice is made for particular risks, so you get protection from usual problems and surprising events.

Markel Auto Insurance Coverage Options

The table shows what Markel offers, such as collision coverage that helps fix vehicles after crashes and comprehensive protection for things like theft or weather damage. For people with special modifications to their vehicles, the custom equipment coverage protects these changes from loss or damage.

GAP coverage is very helpful for drivers who still owe money on their car loans, as it pays the remaining amount if the car gets totaled. Other choices like rental reimbursement, roadside assistance, and uninsured motorist protection make things easier and give peace of mind by dealing with various problems that might happen while driving.

Markel Auto Insurance: Weighing the Benefits and Drawbacks

Markel Auto Insurance is different because it has many kinds of insurance plans and special coverages that fit various needs. The company offers strong personal and business insurance choices, which makes it a good option for people who want flexible protection.

Pros

• Wide Coverage Options: Provides liability, full coverage, collision, and comprehensive plans.
• Added Protections: Includes uninsured motorist and personal injury coverage.
• Enhanced Services: Roadside assistance is available as an optional add-on.
• Business Insurance: Offers several of personal and business policy types.

Markel’s variety in coverage options and extra advantages make it attractive for both personal as well as business policyholders.

Cons

• Accreditation Issues: The company is not accredited by J.D. Power.
• Limited Information: Few details are available online about auto insurance policies.
• Feedback Gaps: Lacks substantial customer reviews or public feedback on services.

Markel has a lot of different coverage options, which is good. But sometimes it can be hard to find information or read public reviews about them. This might make some people not want to choose Markel. Explore steps on how to check if an auto insurance company is legitimate online.

Assessing Markel’s Unique Insurance Programs

Markel Auto Insurance is a good choice for special markets, especially for people who own classic or high-value cars and need specific coverage. Even though it has many different coverage choices, like liability and uninsured motorist property damage coverage, which make it interesting to lots of people, the less clear details and not much customer feedback might worry some.

Markel Insurance Business Ratings & Consumer Reviews

Agency
	Score: A+ Excellent Business Practices
	Score: 80/100 Positive Customer Feedback
	Score: 0.41 Fewer Complaints Than Avg.
	Score: A+ Excellent Financial Strength

But for drivers who need special insurance types, Markel’s custom-made plans and strong financial status give it a solid position in the unique insurance market. If you’re just looking for coverage to drive legally, enter your ZIP code below to compare cheap auto insurance quotes near you.