Military car insurance is designed especially for people who have served or are now serving in the armed forces. Air Force, Navy, Army, National Guard, Reserve or retired, all qualify for it. Serving in the military has its perks and various discounts on car insurance (and insurance in general) is one of them. Specialized military insurance is offered by some of insurance companies which will be listed later on in this article.
The benefits of the military car insurance include:
- Military discount in most states
- Storage protection
- Worldwide coverage
- Emergency deployment discount
- Extended Non-Owned Auto coverage
- Collision damage waiver
- Special customer service
Before applying, gather all of the military documents you have as insurance companies will need some proof. Also make sure to put the companies that specialize in military car insurance on the list first and then call the “general” car insurance companies as you’re much likely to get a discount on your premium plus great services this way.
One important thing to keep in mind when buying any sort of insurance, let along military insurance, is how protected you are by the coverage. Insurance policies are easily comparable to brain surgery so it’s imperative you get the best coverage with the least amount of gaps in it. No one has gone bankrupt by paying for their insurance premiums but people have gone bankrupt by not having enough coverage or finding themselves in situations where the insurance company would not back them up because they didn’t have any coverage for a particular situation.
There are two ways to deal with this, if you still want to get a good deal on your auto insurance.
- If you’re price conscious, shop for the company with the lowest price you can find for the coverage you need. Then, don’t just go out and buy from whoever answers the phone. Find the most knowledgeable agent who represents this company. With the agent’s help figure out what kind of coverage you need
- Find THE best insurance expert you can find, then buy the coverage he offers you.
I’d recommend going with #2 for anyone who has considerable assets and wants to protect them. If you have a lot to lose, absolutely find an expert and have him design a custom car insurance for you(might not only be the car insurance you’d want to acquire but also health, life and disability insurance) . This way you’re truly minimizing all the possible risk of financial ruin in case something very bad happens.
Option #1 is a good alternative if you’re living a very simple lifestyle and aren’t very sueable. Now realize that even though you’re shopping for the cheapest car insurance here, you will still need advice from an agent. For example if you’ve found two insurance companies that have extremely competitive pricing comparing to the other companies, say Geico and State Farm, go ahead and find the most knowledgeable agent in your are. A good agent does not cost more money than an average agent, so it’s best that you really search for the better one to avoid any potential problems with insurance claims.
Here are a few companies that offer military car insurance:
- Geico, military car insurance provider since 1936, can be reached at 1-800-MILITARY (645-4827)
- USAA.com – offers very reliable insurance for military personnel since 1922.
There might be also local insurance companies that offer discounts for military car insurance, it’s a good idea to check around, it might be run by an old vet who knows what’s going on in the insurance world and who can also give you a discount.