Source: Markel Corporation – Real Estate Insurance
Markel Corporation: Real Estate Insurance Appetite
Markel is the E&S solution for real estate risks that admitted carriers won't touch – properties with adverse loss history, environmental concerns, or vacant buildings. Their property team can also write habitational risks that standard markets restrict. For clean real estate offices, use Guard or Hartford first.
Available Lines
| Line of Business |
|---|
| General Liability |
| Commercial Property |
| Professional Liability |
| Umbrella/Excess |
| Environmental Liability |
Premium Range
$3,000-$20,000
Typical annual premium
Target States
All 50 states (E&S and admitted programs vary by state)
Key Features
- GL and property for habitational risks standard markets decline
- Environmental coverage for properties with known contamination
- Excess/umbrella for large property portfolios
- Professional liability for property managers and real estate firms
- Can write vacant buildings and properties undergoing renovation
Limitations
- Not cost-competitive for standard, clean real estate office risks
- High-rise residential may require individual risk assessment
- Construction phase risks need separate builder's risk placement
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