The 3 Best Car Insurances for Veterans

The 3 Best Car Insurances for Veterans

Sign Up to get great deals for cars!

Subscribe to our blog that will make you look like an expert dealer.

As a veteran, you've given time and service to your country, and recognition is well deserved. Whether by way of admiration from family and friends or even a simple "thank you" from a stranger on the street, knowing you're appreciated feels good. Shift thanks you greatly for your service, too.

Military discounts from businesses and companies are another token of appreciation, helping veterans save money here and there while acknowledging their sacrifice. 

One area where veterans can save is on their car insurance premiums. Though auto insurance provides a valuable financial safety net, premiums can add up over time, making markdowns particularly appealing. 

But who offers the best auto insurance for military veterans? Where should you shop for military car insurance discounts?

Let's look at the several auto insurance companies for both active-duty military and retired military.

No items found.

Auto insurance explained

Car insurance offers financial safeguards to drivers when a traffic accident or other incident occurs. An auto insurance policy reimburses the policyholder for both car repairs and medical payments, as well as liability costs for others if they're at fault. 

You more than likely need a car insurance policy wherever you reside in the United States. However, some states don't require auto insurance, like Massachusetts, New Hampshire, Florida, New Jersey, Texas, and Virginia, where varying regulations give customers additional choices.

Not every auto insurance plan is the same. Insurance quotes and protection levels vary depending on the policy, driving history, and location. 

Drivers buy car insurance policies with different carriers, paying premiums monthly or yearly to retain coverage. 

Auto insurance coverage options for limits and deductibles and driving records determine the price of a car insurance quote.

Additionally, specific auto insurance discounts apply for service members and veterans, safe drivers, or young drivers with good grades or who take a safe driving course. 

Once deciding on a policy from a specific company, drivers receive an insurance card through the mail, with plan coverage and limits printed out. An insurance card usually stays stored inside a vehicle in case of a collision. However, some companies now provide electronic versions. 

With so many hazards and unknowns during everyday driving, it's essential to own a quality vehicle that keeps you safe. When you're in the market for a used car, how can you know you're buying one in excellent condition? Every vehicle sold by Shift passes a 150-point inspection by certified mechanics and comes with a free Carfax report for ultimate transparency. And Shift offers fair, no-haggle prices driven by powerful machine learning algorithms and tons of data.

Want to take a test drive before you buy? If you live in one of Shift's many service areas, a concierge will drive to you, letting you take a drive before signing the papers.

Veterans insurance option 1: USAA

The United Services Automobile Association, or USAA, offers a range of financial and insurance products to members and veterans of the U.S. Armed Forces and their family members. Based in San Antonio, several U.S. Army offers founded USAA in 1922.

Because of their focus on those who serve or have served in the military, USAA auto insurance offers some of the most appealing veterans insurance options.

USAA members receive the lowest military car insurance rates compared to other companies, with an average annual cost of $1,054 for full coverage. 

Aside from USAA's excellent veterans auto insurance quotes, they rank highly in customer satisfaction, with few consumer complaints. 

Owning a vehicle involves many costs like fuel, insurance, and maintenance. Saving money where you can on auto-related expenses keeps more of your hard-earned money in your bank account. One way to reduce your financial obligations is securing a good auto loan. But when financing a car, where can you go for an easy, streamlined experience? Shift works with a network of lenders who compete for your business, so you get the best deal on financing. Applying for a car loan with Shift is simple and easy, with no cost or obligation. The process is so convenient that nine out of 10 Shift customers choose us when they need a loan.

Veterans insurance option 2: Geico

Geico also provides past members of the U.S. Armed Forces with significant discounts on military auto insurance.

Geico offers a 15-percent discount on auto insurance rates to both active and retired military members, people presently serving in the National Guard or Reserves, and those who've joined professional organizations like the Navy Federal Credit Union. 

Geico also offers a significant 25-percent emergency deployment discount for locations designated by the Department of Defense as "imminent danger pay areas." This decrease also applies if the policyholder keeps their vehicle in storage according to an approved storage protection plan. 

Despite Geico being a large company, they score well on customer service, receiving fewer major complaints than other carriers of the same size. The average annual premium for veterans insurance with Geico is $1,154, not far behind USAA.

2021 Toyota Corolla SE (from $26,950)

2021 Toyota Corolla SE (from $26,950)
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
30-Day warranty
Free 7-day return
Free 7-day trial return
30-days warranty
No-Contact Test DrivesButton Text
No-Contact Test Drives
Shop Used Toyota Corolla
2021 Toyota Corolla SE (from $26,950)
30-Day warranty
Free 7-day return
Free 7-day trial return
30-days warranty
No-Contact Test Drives
No-Contact Test Drives
Shop Used Toyota Corolla
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Veterans insurance option 3: State Farm

While State Farm doesn't offer particular discounts on car insurance for veterans, their low rates make them worth checking out.

For instance, in Texas, State Farm has the best rates on insurance, coming in lower than both USAA and Geico even though they don't offer savings on military car insurance. 

State Farm has many additional ways to save, like their good driver discount for those with no moving violations or traffic accidents in three years. State Farm also rewards drivers younger than 25 with their Steer Clear program, lowering premiums up to 20 percent for participating in an online safety course.

No items found.

Military car insurance in summary

Receiving appreciation for your service feels gratifying, and many auto insurance companies show their thanks to both active duty service members and retired veterans, by offering discounts on their policies.

USAA leads the way among carriers with their narrow focus on military personnel and military families, providing the lowest rates on veterans' car insurance coverage. 

Geico also demonstrates their regard for present and past military members with significant discounts that reach up to 25 percent in specific scenarios like emergency deployments.

And though State Farm doesn't offer special perks for veterans, their low rates and other savings opportunities make them another good choice.

Purchasing a used vehicle offers you the chance to save thousands of dollars versus buying a new one. But where can you go for a quality used car that stands the test of time? Shift offers best-in-industry service contracts, so your new-to-you vehicle keeps running strong mile after mile. With a Shift Vehicle Protection Plan, not only are specific mechanical components like the engine and brakes covered, but you also receive roadside assistance when you encounter unexpected trouble. Help is just a phone call away, 24 hours a day, 365 days a year. Shift Vehicle Protection Plans are affordable and convenient and can even be a part of your monthly car payment, too.

2014 Toyota Tundra SR5 (from $28,500)

2014 Toyota Tundra SR5 (from $28,500)
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
30-Day warranty
Free 7-day returns
Free 7-day trial return
30-days warranty
No-Contact Test Drives
No-Contact Test Drives
Shop Used Toyota Tundra
2014 Toyota Tundra SR5 (from $28,500)
30-Day warranty
Free 7-day return
Free 7-day trial return
30-days warranty
No-Contact Test Drives
No-Contact Test Drives
Shop Used Toyota Tundra
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

No items found.

No items found.

No items found.

No items found.
Author
Shift Editorial Team