Like anyone else, military members want to get the most insurance coverage at the least amount of money. When shopping for auto coverage, it is advisable compare insurance quotes from multiple companies in order to get the best deal.
Insurance shopping may not be as enjoyable as some other activities, but it can result in hundreds of dollars of savings in a year. Military members are advise to compare rates regularly (every six months to one year) to be sure you are still getting the best military car insurance policy at the best price. Bookmark our site ease of reference to allow you to compare rates and lock in your lowest rate.
Military Discounts
As a military member, you are entitled to discounts on car insurance from companies that honor your service. Discounts are also offered because military members tend to be more responsible drivers than other groups. Whichever company you choose, inquire to see if they offer any military discounts you can take advantage of.
Another way to get a discount is to ask about multi-policy discounts. Many companies offer a discount when you purchase more than one policy from them (auto insurance and renter’s insurance, for example).
Lastly, don’t forget about USAA. It is a great insurance company that offers very competitive rates. In fact, USAA only sells insurance to active military, veterans, and their families. See our USAA Insurance review for more information.
photo credit: The National Guard
Think About Your Coverage Needs
As a service member it is likely that you will be required to travel overseas at least once during your military career; whether you are deploying or heading overseas for a permanent change of station. If your car will be in storage, talk to your insurance company because you will probably be able to pay a special storage car insurance rate during the time you are overseas.
Consider inquiring about storage policies while you search for a Military car insurance company so you will know what to expect when this situation comes up for you. Many companies will allow you to cancel collision coverage while your vehicle is in storage, allowing you to save a significant amount during the time you are not driving your car. Also, see our winter vehicle storage tips article as there may be useful information for you to keep in mind while your car is being stowed.
Comply With State Laws
Many states have laws that require drivers to carry liability insurance, and if you owe money on your vehicle your lender most likely requires that you carry comprehensive and collision coverage keep in mind, though, that car insurance is there to protect you in case of an accident.
If you get into an accident and you are at fault, liability insurance is there to protect you financially. When you speak with car insurance companies to obtain quotes, be sure to ask them how much coverage is recommended for you. If you own a newer vehicle, adequate comprehensive and collision coverage is also important. This coverage will help cover the costs of repairing or replacing your vehicle in case of an accident.
photo credit: Official U.S. Navy Imagery
Get the Right Policy
When it comes to insurance, it’s not all about saving money. Some people make the mistake of focusing on getting the cheapest car insurance possible that complies with local laws and with lender rules.
Automatic payments from a bank account or credit card are convenient, help avoid late payments, and often come with a discount. Inquire about automatic payment options and any discounts that might be available when you take advantage of this option. The military lifestyle is a busy one; automating your payments as much as possible is the best way to ensure your bills continue to be paid on time, even when your schedule becomes hectic.
