Markel Railroad Divisions
First Party Coverage
Types/Classes of Business Offered:
- Shortline and Regional Railroads
- Tourist and Scenic Railroads
- Newer, Modern Commuter Rail and Light Rail
- Leased Railroad Equipment
- Railroad equipment owned by non-railroad companies
- Railroad Contractors
All Risk Property coverages for real property, personal property, and time element are available.
All Risk Inland Marine coverages available for:
- Locomotives
- Rolling Stock
- Track & Roadbed
- Signals
- Bridges & Tunnels
- Bill of Lading
- Foreign Rolling Stock
- Contractors Equipment
- Installation Floaters
Forms - ISO, Essex and Manuscript - dependent on individual risk characteristics.
*Minimum Premium: $2500
Third Party Coverage
- Shortline and Regional Railroads
- Tourist and Scenic Railroads
- Railroad Equipment Lessors and Lessees
- Railcar Storage Operations
ISO modified General Liability coverage for General Liability, FELA, foreign rolling stock, bill of lading and limited pollution coverage.
Forms - Essex and manuscript, based on individual risk needs.
Minimum Self Insured retentions (SIRs):
$25,000 Freight
$5,000 All Others