For military members and veterans looking for military discounts, GEICO, USAA and Esurance have the best deals overall. Companies in your area may offer better military discounts, so it's always wise to research your options. Military auto insurance is a type of auto insurance policy with discounts and special benefits for military personnel, veterans, and members of certain military associations. The best military auto insurance companies are Geico and USAA, as they offer the most savings to the military community.
Drivers who qualify for military auto insurance can receive discounts of up to 15%, depending on their insurer. Auto insurance discounts for veterans save eligible drivers up to 15% on their car insurance premium, according to the company, and drivers in some states can save even more. If you're going to store your car in a safe place while it's deployed, ask your insurance company if it can lower your rates while you're away. Then, the WalletHub publishers ranked the companies by total points to determine the best military auto insurance companies.
Instead, many insurers allow you to purchase comprehensive coverage only when your car is in storage during deployment. For example, the SCRA requires that military service members cannot lose personal insurance or life insurance as a result of their active service obligations. Since you won't be driving, you may be able to temporarily get a comprehensive insurance policy that protects your car against situations such as floods, theft, or fire. For more information on economic coverage for military service members, see WalletHub's complete guide to military auto insurance.
In addition to direct discounts, military vehicle insurance often offers special benefits, such as deferred payments, military-specific customer service, and policy flexibility during deployment. However, you will be financially responsible for anything that happens to the car while you are gone, and insurance companies may question the lack of coverage in the future. For example, Geico may be able to suspend your liability and personal injury protection coverage and leave only collision and all-risk property damage insurance for the car. Louisiana is the only state that requires auto insurance companies to offer military discounts, so military service members and their families based in Louisiana will save on their car insurance premiums regardless of the company.
Finally, if you're going to be deployed for 30 days or more, Geico may be able to suspend all of your car insurance.