Car Insurance for Veterans

Some car insurance companies honor the service of military veterans with discounted rates. Let's take a look at the best options.

Car insurance coverage for veterans


A number of car insurance discounts for veterans become available after your military service is complete. Let’s explore the ins and outs of car insurance for veterans and assess company-specific rates to see how much you could save after you serve.


Understanding car insurance as a veteran
  1. How does car insurance change for veterans?
  2. Which insurance companies provide the best veteran discounts?
  3. Additional resources



How is car insurance different for veterans?


The primary way in which car insurance changes for military veterans is the availability of discounts. As a veteran, you and your family may earn eligibility for discounted premiums. While the amount of these discounts may vary by state and provider, you can expect to save between 3% and 7% for your service.

Another car insurance benefit for veterans occurs upon cancellation of current coverage. Although standard car insurance pricing practices stipulate an insurer could charge a driver for a lapse in coverage that might occur during military deployment, many insurance companies will make an exception for veterans or active-duty military personnel. If you can show proof-of-deployment for the period during which your car insurance lapsed, you could receive preferential rates. You’ll most likely need to show proof of your military affiliation to receive any military or veteran car insurance discounts. Proof can vary by insurance company but you should expect to show evidence of deployment, corresponding to any lapse in coverage.




What are the best car insurance companies for veterans?


It’s important to consider the big picture when shopping for insurance. Even though an insurer might offer the best veteran discounts, you should evaluate the policy and its overall price against similar options. If a company offers a 15% discount but its overall premium is still higher than another company's rate, you should consider the cheaper option.


Because car insurance is priced based on your personal driving history and profile, it's important to shop around often and explore as many insurance companies as possible — even those not catering to military personnel or veterans specifically.



Find affordable car insurance today!



Additional resources


If you’re looking for more information regarding car insurance as a veteran, additional resources here: