Sage Sure: NEW: Rate Decrease on Texas Markel Wind Coverage
May 22, 2025
Rate Decrease on Texas Markel HO3 and DP3 with Wind
SageSure Expanded Markets is proud to bring you competitive, highly rated solutions developed by our capacity partners, such as Markel HO3 and DP3.1Expanded Markets products’ rating and underwriting guidelines are developed by our individual capacity partners, and we are pleased to announce that Markel has decided to improve their competitive position with decreased rates on wind coverage, effective immediately, for both HO3 and DP3 products by an average of nearly -30%.2With this rate decrease on wind coverage, the Markel programs are more competitive than ever. Backed with an “A” (Excellent) rating by AM Best, the Markel program offers wind coverage for both HO3 and DP3 policies throughout most of Texas.3Thank you for your partnership. Please contact your account manager with any questions.
Diane McMayon Senior Territory Sales Manager(713) 823-8605Diane.McMayon@SageSure.com SageSure.com
1. This product is offered by the insurer on a surplus lines basis. Coverage may only be obtained through a duly licensed surplus lines broker such as SageSure. Any descriptions herein are meant as summaries only, and may not include all terms, conditions, and exclusions of the policy described.2. Number stated is the average overall impact. Actual rate impact may be higher or lower depending upon individual risk characteristics.3. Markel HO3 and DP3 are available X-wind in Harris County.
This material is intended for informational purposes only for licensed insurance professionals only and not for consumers. Insurance coverage, terms, and conditions may vary, and eligibility for coverage is subject to underwriting approval. All policy terms and conditions apply. Not all applicants will qualify. Rates and premiums are based on individual circumstances and may change over time. All rights are reserved to modify terms or pricing. Current coverages, deductibles, availability, and eligibility will be visible when quoting in the SageSure Agent Portal and may differ from what is stated herein.