MoneyGeek found that USAA and GEICO offer the cheapest car insurance rates with the best coverage for members of the military and veterans. Unlike some of its competitors, Progressive has no military discounts. However, they still offer special benefits for active duty members of the military. Specifically, they offer comprehensive insurance only for vehicles stored during deployment and ignore interruptions in coverage while the customer is in active service, allowing them to continue qualifying for a discount on ongoing coverage.
GEICO provides military discounts to active and former members of the force and to National Reserve and National Guard officers. Participants get a 15 percent reduction in their total coverage charges. GEICO suspends auto insurance for deployed military officers who keep their vehicles at their base for more than 30 days. The company suspends insurance charges for participants in this discount until they return from the assigned areas.
A number of specialty auto insurance providers offer exclusive military rates that are more competitive than some rates on the market. An insurance company can help you determine your personal risk factors and military status to provide a more accurate discount rate. You may also be able to find much cheaper rates for certain insurers through a combination of non-military discounts. In addition to competitive pricing for military personnel, the USAA offers discounts to drivers who park their vehicle at the base or store it during deployment.
In Louisiana, auto insurance companies are required to offer full-time active duty military personnel a 25% discount. Military service, emergency deployment, and discounts related to membership in certain military affiliations and organizations. For example, State Farm offers a discount for good drivers if you've maintained a clean driving record for several years. Drivers who qualify for military auto insurance can receive discounts of up to 15%, depending on their insurer.
The only way to find out if you qualify for a military discount from a standard or specialized provider is to request a free quote. MoneyGeek used a comprehensive rating system to evaluate providers and determine the best and most affordable auto insurance for military and veterans. USAA car insurance was created by military officers as a low-cost car insurance option for other service members and veterans. Take a look at this chart to see how U.S.
auto insurance rates compare. Department of State with average rates in states across the country. However, without liability coverage, no one can legally drive the car during this period, not your family or you, if you return home on leave. USAA has the cheapest auto insurance rates for active military and veterans and has been serving this demographic since 1922.