Markel Motorcycle Insurance
#1
03-21-2019, 10:02 AM
Markel Motorcycle Insurance
I just wanted to share this. Not sure about their service in the case of a claim because luckily I have not needed it yet.
Their prices are AMAZING! I purchased a full year of full coverage insurance with $500 deductibles for my 2001 Heritage Softail Classic for less than $150 for the entire year of coverage. That is amazing. So if you need coverage but more to make the bank, cops and State happy, this will make your wallet happy.
If anyone has experience with claims I would like to hear about it. I got the coverage just to shut up the bank and the cops so claims was NOT my primary goal. So if claims suck or are not the best I got what I paid for but at the prices they have its an inexpensive way to satisfy the bank and others.
Hope this helps.
Their prices are AMAZING! I purchased a full year of full coverage insurance with $500 deductibles for my 2001 Heritage Softail Classic for less than $150 for the entire year of coverage. That is amazing. So if you need coverage but more to make the bank, cops and State happy, this will make your wallet happy.
If anyone has experience with claims I would like to hear about it. I got the coverage just to shut up the bank and the cops so claims was NOT my primary goal. So if claims suck or are not the best I got what I paid for but at the prices they have its an inexpensive way to satisfy the bank and others.
Hope this helps.
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Ridem-Rhody (03-10-2020)
#2
03-24-2019, 07:58 AM
I had them for a year and they upped my premium about $100. I didn't make any claims so I can't vouch for that. When I asked why it went up, they stated it's just the "trends." I switched to Harley Davidson insurance and it was the cheapest I could find for my area. And I called them all.
#3
03-24-2019, 11:30 AM
That sucks, I hope they don't do that to me, time will tell.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
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Richard Skeen (05-07-2019)
#4
03-24-2019, 03:51 PM
That sucks, I hope they don't do that to me, time will tell.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
#5
03-24-2019, 09:35 PM
Seasoned HDF Member
I had them for a year and they upped my premium about $100. I didn't make any claims so I can't vouch for that. When I asked why it went up, they stated it's just the "trends." I switched to Harley Davidson insurance and it was the cheapest I could find for my area. And I called them all.
That sucks, I hope they don't do that to me, time will tell.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
I've been one singing the praises of Markel on here but, if my rates go up again at renewal I'm going to start looking elsewhere.
#6
03-25-2019, 11:05 AM
Road Warrior
Hey Ghost, you will be fine, Markel rules, in any forum ins rates from any company will go up and down for others and others will stay the same.
Bottom line is dont fall in love with ANY insurance company. Car, Truck, bike, boat, home, it doesnt matter, if you are not checking at LEAST 3 different companies for everything that you insure every year, then you are paying to much.
Be loyal to no one, there is no reason to be loyal in an insurance company, just like there is no reason to be loyal to a gas company. Price wins all the time.Markel is one of the best.
With that said, I always go with best price on everything I own and I check every year. Boat, Bike, Car, Truck and home. Ill bet I have switched home ins companies 5 times (at least) in the last 12 years. Cars, trucks and bike maybe 4 times in the last 12 years. Best price wins, no reason to be loyal, none, zip, nada ...
).
Bottom line is dont fall in love with ANY insurance company. Car, Truck, bike, boat, home, it doesnt matter, if you are not checking at LEAST 3 different companies for everything that you insure every year, then you are paying to much.
Be loyal to no one, there is no reason to be loyal in an insurance company, just like there is no reason to be loyal to a gas company. Price wins all the time.Markel is one of the best.
With that said, I always go with best price on everything I own and I check every year. Boat, Bike, Car, Truck and home. Ill bet I have switched home ins companies 5 times (at least) in the last 12 years. Cars, trucks and bike maybe 4 times in the last 12 years. Best price wins, no reason to be loyal, none, zip, nada ...
).
Last edited by alarmdoug; 03-25-2019 at 11:08 AM.
#7
03-26-2019, 10:38 AM
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Uncle Larry (06-20-2019)
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#8
03-31-2019, 03:45 PM
Outstanding HDF Member
That sucks, I hope they don't do that to me, time will tell.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
It pisses me off how the VALUE of your vehicle can go down but the insurance premiums don't. Example, you can have a new $80,000 car and pay say $200 a month for insurance. The car value, what they will pay if it is totaled goes down to say $30,000 but your premiums stay the same or go up.
I think as the value, their obligation goes down, so should your premiums. It does not make sense. I understand that liability and other parts of the policy not decreasing as that part is the same. But the comprehensive and collision should decrease when the vehicle value decreases.
But that will never happen.
#9
04-01-2019, 01:45 PM
Today it's Markel, tomorrow it'll be Geico, Wednesday Progressive, then Dairyland, etc.....
Just like snowflakes, no two quotes are alike. Rates constantly fluctuate, and very greatly by a crap ton of variables.
You'd have an easier time trying to solve the logic behind air fares.
In my case Markel wan't in the ballpark, Geico is the current champ on premiums.
I have had claims experience with both Progressive and Geico, and both companies handled things without any grief on my part.
Just like snowflakes, no two quotes are alike. Rates constantly fluctuate, and very greatly by a crap ton of variables.
You'd have an easier time trying to solve the logic behind air fares.
In my case Markel wan't in the ballpark, Geico is the current champ on premiums.
I have had claims experience with both Progressive and Geico, and both companies handled things without any grief on my part.
Last edited by Brewmany; 04-01-2019 at 01:46 PM.
#10
04-01-2019, 06:06 PM
Cruiser