Auto Insurance For Veterans

American Veterans who have been honorably discharged are eligible for special auto coverage benefits that other can’t take advantage of. Many companies offer run-of-the-mill veteran discount packages, while others offer highly specialized programs that are comparable to those offered by VFW through 21st Century Insurance.

Like the discount offered to those currently serving in the U.S. Military, Veterans can save about 15% on their auto insurance premiums.

car insurance for veterans

Car insurance for veterans can be very cheap if you take advantage of all the discounts available.

The reasoning behind this discount is twofold. After serving your country day in and day out, let’s face it, you deserve it, and the insurance companies agree wholeheartedly. You’ll be hard pressed to find an insurance provider of any kind that doesn’t offer a Military and Veteran discount. Offering a Military discount is a little way for businesses to say “thank you for your service.”

Members of the Armed Forces also have a particular set of common characteristics that are desirable to insurance providers. After years of service, members of the Military develop a strong sense of discipline and responsibility. This makes Veterans and those on Active Duty less likely to drink and drive, break the law, or be involved in other risky behavior. Veterans are also more likely to hold a job, make auto insurance payments on time, and generally earn enough to take care of their vehicles to a certain degree.

The elaborate formula used by insurance providers to determine one’s risk is likely only fully understood by a select number of people, but Veterans score well for these reasons, and many more. Enough to warrant a Veterans a 15% car insurance discount.

Now just because you served doesn’t mean you’ll always necessarily be paying less than your non-Military friends. Not even a Medal Honor will save you from a bad driving record or a drunk driving infraction. If you get labeled as “high risk” you’re going to have to pay more. Although you’ll still get your Veteran discount on top of that, so not all is lost.

You will, of course, want to include your family on your policy to maximize savings. To get all the drivers in your family insured at once, simply enter your zip code above. Don’t forget to include your Military information when asked for it to qualify for the Veteran or Military discount.

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