Our military personnel deserve to be recognized and rewarded for their service. Whether you’re a veteran or currently serving in the military, there are a few things you should know before searching for military car insurance.
USAA
United Services Automobile Association (USAA) specializes in providing auto insurance to military personnel and their families. Begun in 1922 by Army officers, USAA usually has offices near military bases. USAA understands the specialized needs of military families and also provides life insurance and banking to military personnel. Both active and retired personnel are welcome to use USAA’s services.
Discounts
Most auto insurance companies offer discounts to military personnel. GEICO’s military program offers discounts of two to 15 percent to retired and current military officers. It also offers discounts to actively deployed military personnel, as long as your vehicle is stored according to GEICO’s instructions. State Farm and Allstate also advertise discounts for military personnel. As with other discounts, most companies don’t advertise specifics. They want you to sign up for a quote before disclosing discount amounts.
Deployed personnel
If you are on active duty, it is important when shopping for military car insurance to find a company that understands the life of an active military officer. Long deployments and frequent reassignments create special circumstances. What happens to your vehicle while you’re overseas for a year? Do you have to change your insurance policy if you’re temporarily stationed in another state? Be sure your agent has dealt with these circumstances before and knows how to guide you in the right direction.
Shop around
Even if you go with USAA or another direct military car insurance company, it can’t hurt to shop around. Websites like Esurance and Progressive compare rates instantly. But price isn’t the only consideration. Make sure you choose a company that can work with you if you are reassigned or deployed. Ask questions. If your location should change, will the company charge you fees for canceling or relocating your service? If you’re a veteran, check out the Veterans of Foreign Wars website to see if you can get a better deal.
Keep your rates low
In every other way, military car insurance operates the same as civilian car insurance. A squeaky-clean driving record will ensure your premiums stay low. Check your deductibles. Could you afford to meet a higher deductible if you should get into an accident? Remember your insurance company will only pay what the car is worth if your car is stolen or totaled. If you have an older car, you might be paying premiums for coverage you don’t even need. Bundle your auto insurance with your health, life, and homeowner’s/renter’s insurance. Most auto insurance companies offer discounts for bundling. And, lastly, be sure you keep your credit rating as clean as possible. Many insurance companies check your credit rating and adjust your premiums accordingly.
Conclusion
You’ve served your country and deserve all the perks that come with such an honorable duty. Discounts for military car insurance are just one of many benefits you, a military officer or veteran, can enjoy. You just have to know how to find the best deals.