Let Markel Railroad put you on the right track for railroad opportunities.
We offer an array of both first and third party coverages.
Property/Inland Marine
| Target Classes |
|
All Risk Inland Marine Coverage |
| Short Line Railroads (Class III) |
|
Signals |
| Regional Railroads (Class II) |
|
Bridges & Tunnels |
| Tourist and Scenic Railroads |
|
Bill of Lading |
| Commuter Rail and Light Rail |
|
Locomotives |
| Leased Railroad Equipment |
|
Rolling Stock |
| Railroad Equipment owned by non-railroad companies |
|
Track & Roadbed |
| Railroad Contractors |
|
Foreign Rolling Stock |
All Risk Property coverages for real property, personal property and time element are available
General Liability
Target Classes
- Short Line Railroads
- Regional Railroads
- Scenic/Tourist Operators
- Railroad Equipment
- Lessors/Lessees
General Liability
- Minimum SIR: $25,000 on freight operations; $5,000 scenic exposures
- Claims made policy (defense within limits)
- Claims handled by recognized leader amongst Railroad TPAs
- Loss control inspection & risk management services availablethrough TPA
Limits/Minimum Premium
Railroad - first party
Maximum Limits of Liability $5,000,000
(higher limits available)
Minimum Premium $2,500
Railroad - third party
Maximum Limits of Liability $10,000,000
(higher limits available)
Minimum Premium $7,500