Auto

At GLM Insurance, we understand your vehicle is more than a way to get from Roanoke to Richmond.  This is why we take the time to compare rates from the most financially stable companies in the country to find the coverage that fits your needs.  For over 50 years, GLM Insurance has helped Virginians find the coverage they need at a price to fit their budget. We make sure you get all the discounts available and help you understand the claims process if you are in an accident.

What is Auto Insurance?

Auto insurance protects you against financial loss if you have an accident. It is an agreement  between you and the insurance company. You agree to pay the premium (cost for insurance) and the insurance company agrees to pay your losses (the claim) as defined in your policy.

Your auto policy provides liability, property, and medical coverage.

Liability 

Coverage pays for your legal responsibility to others for bodily injury or property damage.

Property 

Coverage pays for damage to or theft of your car.

Medical 

Coverage pays the medical expenses for you and your passengers that are a direct result of a car accident.

 

What is required in Virginia?

Virginia requires the following minimum coverage:

  • Liability Bodily injury/death of one person - up to a maximum of $25,000
  • Liability Bodily injury/death of two or more-  persons up to a maximum of  $50,000
  • Liability Property damage up to a maximum of $20,000 for all damages
  • Uninsured/Underinsured Motorist provides liability coverage if you are involved in an accident where you are not at fault and the other party does not have insurance or not enough insurance to cover the damage.

At GLM we do not recommend the minimum coverage.  Purchasing the minimum can leave you financially liable personally. Usually for only a few dollars more, you can purchase higher limits and reduce your exposure to a financial catastrophe.

It is important to note that if you are purchasing a vehicle, your finance company may require Collision and Comprehensive (sometimes called Other than Collision) coverage.

Collision 

Coverage pays for damages to your vehicle after an accident.

Comprehensive 

Coverage pays for damages to your vehicle after a flood, fire, theft, or a collision with an animal. It pays for most damages that result from losses other than collision.

 

Optional Coverages

Rental Coverage

Provides a rental car if your vehicle is inoperable because of a covered loss.

Roadside Assistance

Provided by some carriers, this coverage will provide assistance if your vehicle becomes disabled and you need a tire change, a tow or fuel.

 

Discounts

There are many discounts available for your auto policy.  Here are a few that you might be eligible for:

Advanced Quote

By getting a quote from GLM at least 7 days before the effective date of your policy, and have no lapse in coverage.

Accident Forgiveness

If you have a car insurance policy certain carriers for four years, and you remain accident free for three straight years, they won't raise your rates because of an accident that happens after this time - even if you're at fault.

Multiple Policy

If you “bundle” your auto and home with the same carrier you will receive a discount on your auto policy.

Safe Driver

Having a clean driving record for three years will lower your rate.

We offer more discounts including discounts for good students, if you insure more than one vehicle, and even a discount for paying your policy electronically.

 

Are you properly covered?

Contact us and we will give you a free policy review and also let you know how you can take advantage of all the great discounts to help you save on your auto insurance.