Bankers Auto Insurance Review (2024)

Curious about Bankers auto insurance? They offer personal & business insurance for auto, home, life, umbrella, liability, and worker's compensation to clients.

UPDATED: Dec 19, 2023Fact Checked

Laura Berry

Former Licensed Insurance Producer

Laura Berry has experience as a licensed producer selling life, health, and property insurance coverage for both Allstate and State Farm. She has dedicated many hours to helping her clients understand the insurance marketplace so they could find the best car, home, and life insurance products for their circumstances. While she currently helps businesses take advantage of the federal R&D tax...

Former Licensed Insurance Producer

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

UPDATED: Dec 19, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Dec 19, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Dec 19, 2023Fact Checked
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Bankers Insurance

Average monthly rate for good drivers:

N/A

A.M. Best rating:

A+

Complaint level:

Low

Final Verdict: Review of Bankers Insurance

Bankers Insurance is a company of community bankers who pooled their resources to build Bankers Insurance, LLC back in 1999.

This collection of banks is headquartered in Richmond, VA. As one of the largest independent agencies, it has 12 offices scattered throughout Virginia and one in Ashville, NC.

Most of its service locations are in the southernmost sections of the Commonwealth with a Fairfax location to serve Northern VA.

This company offers personal and business property and liability as well as personal and group life, health, and long-term care. Homeowners coverage is also available through this outfit, and they sell directly to the public.

Get your auto insurance quotes here, today by simply entering your ZIP code in our free search tool provided!

[su_box title="Things to Remember..." style="default”]
  • This Bankers insurance review locates a company of community bankers who pooled their resources to build Bankers Insurance, LLC back in 1999
  • This company can establish an auto insurance policy through Safeco, Progressive, or even Auto Glass Only, or other providers on your behalf
  • This company has earned an “A+” rating with A.M. Best
[/su_box] Bankers Insurance is a company of community bankers who pooled their resources to build Bankers Insurance, LLC back in 1999. This collection of banks is headquartered in Richmond, VA. As one of the largest independent agencies, it has 12 offices scattered throughout Virginia and one in Ashville, NC. Most of its service locations are in the southernmost sections of the Commonwealth with a Fairfax location to serve Northern VA. This company offers personal and business property and liability as well as personal and group life, health, and long-term care. Homeowners coverage is also available through this outfit, and they sell directly to the public. Get your auto insurance quotes here, today by simply entering your ZIP code in our free search tool provided!

What You Should Know About Bankers Insurance Group, Inc.

In 2009, the company purchased Hutton Vincent Williamson McLean Insurance Company of Ashville, NC. This outfit was actually a merger of three North Carolina insurance companies.

In 2010 Bankers Insurance, LLC joined with Comprehensive Benefits, Inc, which is located in Lynchburg, VA.

Comprehensive Benefits was established in 1996 with several accolades to its credit. With these new additions to the company, Bankers Insurance is now one of the largest agencies in the industry.

In a few short years, this company has earned an “A+” rating with A.M. Best, one of the most reputable insurance raters in the country.

Bankers Insurance Members & Executive Officers

This company has several members who are instrumental in the company’s growth.

These company members include Albemarle First Bank, Bank of Clark County, Hanover and Chesapeake Banks. P. Marshall Fleming is the President and CEO of the outfit and Jeffrey Brugh is the Chief Financial Officer.

Bruce Whitehurst is the company’s Chief Administrative Officer, and John Lake is the controller.

Bankers Insurance MyWave Client Portal

When your agent is not available, you have the power to access your data online. This web page is called the MyWave Client Portal, which is a free service that allows you to personalize your management page of tools and resources.

This page allows you to communicate with your network including your account manager or Bankers Insurance producer.

You have access to all the insurance-related educational materials and resources connected with your line of business. You even have a connection to an OSHA log and assessment tool readily available.

You can track your auto insurance claims and perform other functions around the clock.

Bankers Insurance Reviews

Most of the auto insurance reviews related to Bankers Insurance are very positive. This company prides itself in the lengths they take to ensure customer satisfaction. More information is available on the company website.

You can get auto insurance quotes today for free, and make your own assessment by entering your ZIP code here!

Bankers Insurance Group, Inc. Insurance Coverage Options

As an agency, this company represents may different major auto insurance carriers in the industry. This allows Bankers to offer a plethora of plans to meet your requirements.

Whether you require standard or non-standard coverage, this company can establish an auto insurance policy through Safeco, Progressive, or even Auto Glass Only, or other providers on your behalf.

Bankers Insurance has many types of auto insurance plans, including customized plans to suit every individual, family, and business needs.

Although many insurance carriers limit their auto coverage to land-based vehicles, this company offers coverage for your personal boats and yachts, in addition to recreational vehicles that most recognize as RV’s.

Business insurance includes transportation companies with fleets of vehicles as well.

Bankers Insurance Plans for Businesses

Bankers Auto can accommodate businesses who require specialized liability coverage for transportation businesses or those who use their personal vehicle to operate their business.

Business owners are assigned a Bankers Insurance team of licensed agents, one to manage your portfolio, and another who is ready to answer your general questions at any time during business hours.

Anytime you need to make a policy change, your agent will make themselves available to assist you in the decision-making process. They are knowledgeable about your business and will help you get the best rates possible.

They will also assist you with technical issues that may arise in managing your “Client Portal.”

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Bankers Insurance Group, Inc. Discounts Available

Savings and auto insurance discounts are available for the asking if you qualify, and qualifying is easy. Discounts are available to umbrella policyholders who combine multiple types of coverage, to safe drivers, and to club members such as those affiliated with AARP.

You may save by strategizing your policy with higher deductibles or advanced premiums. The length of coverage may also save you money if you extend your coverage for two or three years.

That way you minimize the amount it costs to renew your policy. There are several other ways to save on auto insurance coverage, and your agent will be eager to share them.

Frequently Asked Questions

How can I contact Bankers Auto Insurance?

To contact Bankers Auto Insurance, you can reach out to their customer service department through phone, email, or other contact methods provided on their official website or policy documents.

What types of auto insurance coverage does Bankers Auto Insurance offer

Bankers Auto Insurance offers a range of coverage options, including liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, personal injury protection (PIP), and more. The specific coverage options may vary based on the policy and state regulations.

What is Bankers Auto Insurance?

Bankers Auto Insurance is an insurance company that specializes in providing auto insurance coverage for vehicles. They offer policies designed to protect drivers and their vehicles against potential risks.

Does Bankers Auto Insurance offer roadside assistance?

Bankers Auto Insurance may offer optional roadside assistance coverage as an add-on to their policies. Roadside assistance can provide services such as towing, jump-starts, fuel delivery, and lockout assistance in case of emergencies or breakdowns while on the road. The availability of this coverage may vary based on the policy and state regulations.

Can I manage my Bankers Auto Insurance policy online?

Yes, Bankers Auto Insurance typically provides an online portal or mobile app that allows policyholders to manage their policies. This may include tasks such as making payments, viewing policy documents, updating personal information, and accessing digital ID cards.

How are Bankers Auto Insurance premiums determined?

Bankers Auto Insurance calculates premiums based on several factors, including the driver’s age, driving history, location, type of vehicle, coverage options selected, and other relevant factors. Premiums can vary from person to person based on these factors.

Does Bankers Auto Insurance offer discounts?

Bankers Auto Insurance may offer discounts to eligible policyholders. These discounts can vary but commonly include safe driver discounts, multi-policy discounts, good student discounts, and discounts for certain safety features installed in the vehicle. The availability and specifics of discounts may vary based on the policy and state regulations.

Can I cancel my Bankers Auto Insurance policy?

Yes, policyholders generally have the option to cancel their Bankers Auto Insurance policy. However, the specific terms and conditions related to cancellations may vary. It’s advisable to review the policy documents or contact the company directly to understand the cancellation process and any applicable fees or penalties.

How can I get a quote for Bankers Auto Insurance?

To get a quote for Bankers Auto Insurance, you can visit their official website or contact their customer service department. They will ask for relevant information about your vehicle and personal details to provide an accurate quote based on your specific needs and circumstances.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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Laura Berry

Former Licensed Insurance Producer

Laura Berry has experience as a licensed producer selling life, health, and property insurance coverage for both Allstate and State Farm. She has dedicated many hours to helping her clients understand the insurance marketplace so they could find the best car, home, and life insurance products for their circumstances. While she currently helps businesses take advantage of the federal R&D tax...

Former Licensed Insurance Producer

Michael Leotta

Insurance Operations Specialist

Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...

Insurance Operations Specialist

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Compare Quotes from Top Companies and Save

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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