Finding cheap insurance is a necessity for many drivers, and is sometimes the only way a person will drive with proper insurance coverage. If you are a member of the military, you might be eligible for certain discounts or other programs that can help you save money on your monthly insurance premium.
Whether you are personally serving in the military or have a family member in the service, some insurance companies might offer you a discount. Many offer a discount to all types of armed force members, including those in the National Guard. These car insurance companies understand that it can be being away from your family and that a lot of sacrifice and dedication goes into being a military member. On top of all of this, you shouldn't have to worry about an expensive insurance bill. Therefore, these discounts are a way to help you and your family and at the same time the insurance company is able to show their appreciation for the work you do.
These discounts often apply to active and retired military members, plus their family members.
Here are some examples of cheap insurance discounts you can get by being in the military:
» USAA offers its military members up to $600 off per year for military car insurance.
» GEICO offers all retired and active military members plus their families anywhere from two to fifteen percent off their car insurance premium. This discount is not available in every state. GEICO also has an additional benefit for those going overseas. If you are shipped out and are putting your car into storage, GEICO will allow you to drop all coverage except for comprehensive. If you are deployed to an area that you will receive hostile-fire pay, you can save up to 25% on your comprehensive coverage while your car is in storage.
» Other car insurance companies that don't offer discounts may offer other benefits. Allowing you to cancel our policy without penalty while you are overseas, and allowing you to reactivate it when you return without any fees, is one common benefit.
» Some insurance companies only offer military discounts if you are in a hostile-fire zone, and your car is stored with one of their approved plans.
Although many insurance companies offer some type of benefit to military members, not all of them do, and some benefits are better than others. Your best bet is to do a lot of research online and find the best quote (or a few quotes) you can that offer a low price and adequate coverage. Then, give the company a call and find out what they can do for you as a military member. Calling a company directly is a great way to get discounts in general that might not be advertised or easily obtained online.
Remember that insurance coverage is the most important thing, so do not automatically fall for the cheapest policy or largest discount. Focus first on coverage, second on cost, and you will be sure to get a good deal and stay protected.