Markel Insurance Company’s average rate increase by +8.67% — effective 11/1/2026
10/16/2026
Markel Insurance Company has filed new California workers’ compensation base rates with the California Department of Insurance for policies effective November 1, 2026.
How are average rates changing?
| Issuing Company | Average Rate
11/1/2025 | Average Rate
11/1/2026 | % Change |
|---|
| Markel Insurance Company | 9.00 | 9.78 | +8.67% |
*Average rate calculation does not include per capita or per race rates (7707 – Firefighters – volunteers, 7722 – Police, Sheriffs – volunteers, or 8278 – Jockeys).
Does the average change apply to every policy?
Not necessarily. A carrier’s average rate change provides useful context, but individual class rates may move differently. The effect on a specific policy depends on the classifications and exposures involved.
The examples below show how some of Markel Insurance Company’s individual advisory rates are changing compared with the prior policy period.
| Class – Description | Advisory Rate
11/1/2025 | Advisory Rate
11/1/2026 | % Change |
|---|
| 8389 - Auto/Truck Repair Facilities | 3.93 | 5.21 | +32.57% |
| 9080 - Restaurants – full service | 4.15 | 4.48 | +7.95% |
| 42 - Landscape Gardening | 10.51 | 11.22 | +6.76% |
| 5190 - Electrical Wiring–low wage | 8.04 | 7.50 | -6.72% |
| 8388 - Rubber Tire Dealers | 6.86 | 6.31 | -8.02% |
| 8820 - Law Firms | 0.47 | 0.43 | -8.51% |
What does this mean for an individual account?
The average rate increase is only a starting point. To understand the potential effect on a specific policy, review the applicable classifications and compare how those rates changed.
With WorkCompare, users can generate a Pre-Quote Estimate to evaluate how current rate changes may affect potential pricing before formal quotes arrive.