Gianetta Palmer is a writer for CarInsurance101.com, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

Full Bio →

Written by

Melanie Musson is the fourth generation in her family to work in the insurance industry. She grew up with insurance talk as part of her everyday conversation and has studied to gain an in-depth knowledge of state-specific car insurance laws and dynamics as well as a broad understanding of how insurance fits into every person’s life, from budgets to coverage levels. She also specializes in automa...

Full Bio →

Reviewed by Melanie Musson
Published Insurance Expert

UPDATED: Apr 1, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.

Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.

Just What's Essential

  • Veterans have an opportunity to pay less than other drivers due to discounted car insurance specific to them.
  • USAA and GEICO are two major companies known for their military discounts.
  • Immediate families of active and retired veterans are eligible for USAA insurance policies.

Car insurance for veterans – veteran car insurance – can be cheaper than average because of the discounts car insurance companies provide. Military discounts can lower auto insurance rates by at least 15 percent.

To access affordable car insurance, veterans should take advantage of comparison shopping and find a company where they get the most discounts.

Continue reading this guide to learn where you can buy veteran car insurance, which companies provide military discounts, and what’s the cost of veteran car insurance.

If you want to see what veteran car insurance quotes are like in your local area, enter your ZIP code in the free comparison tool above.

What companies provide veteran car insurance discounts?

If you’re in the military and you want to find cheap veteran car insurance rates, consider companies that provide discounts specifically for military veterans. We researched for you and found a few major players in the auto insurance industry that provide military discounts.

[table “4369” not found /]

Compare RatesStart Now →

Based on our research, GEICO is one of the most prominent car insurance companies that offer the best military discount.

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

The Best Car Insurance for Veterans

Everyone who drives in the United States will need auto insurance. The question is, which car insurance company is best for veterans? Let’s look at the average monthly rates of the best companies and determine which company has the most affordable rates.

Average Monthly Car Insurance Rates Based on Age, Gender, and Marital Status by Company
CompaniesMonthly Car Insurance Rates of a Single 17-Year-Old FemaleMonthly Car Insurance Rates of a Single 17-Year-Old MaleMonthly Car Insurance Rates of a Single 25-Year-Old FemaleMonthly Car Insurance Rates of a Single 25-Year-Old MaleMonthly Car Insurance Rates of a Married 35-Year-Old FemaleMonthly Car Insurance Rates of a Married 35-Year-Old MaleMonthly Car Insurance Rates of a Married 60-Year-Old FemaleMonthly Car Insurance Rates of a Married 60-Year-Old Male
USAA$401$449$166$177$129$128$121$121
State Farm$496$610$195$213$173$173$156$156
Travelers$776$1,071$194$208$182$183$171$173
American Family$500$678$191$225$184$185$166$168
Progressive$724$802$225$230$191$181$166$171
GEICO$471$523$198$189$192$193$187$190
Nationwide$480$598$224$241$197$199$178$185
Farmers$710$762$246$253$213$213$195$204
Allstate$774$887$285$298$263$260$243$249
Liberty Mutual$968$1,143$330$375$317$321$287$307
Get Your Rates Quote Now

Compare RatesStart Now →

The cheapest company in the data is USAA car insurance. Veterans and their immediate families are eligible for USAA policies. USAA car insurance for veterans is known for cost-efficient policies. When you combine discounts with cheap rates, you can get a good deal on auto insurance.

GEICO’s monthly rates are much higher, but the military discount can bring premiums down by at least 15 percent.

Check out our USAA car insurance review to get all the details on USAA and how you can save further.

How do discounts affect veteran car insurance rates?

If you have a veteran car insurance quote for $350 per month (or $4,200 per year), a military discount can lower your rates by the percent designated by the car insurance company.

Let’s use GEICO as an example. Emergency deployment and general military discounts can provide a total of 40 percent off for car insurance under GEICO.

When GEICO applies these discounts to the policy, you’ll have a total balance of $2,520. Divide the entire balance by 12, and you’ll have an estimated monthly rate of $210 per month.

If you want to estimate a six-month policy, cut the $2,520 in half, which is $1,260. However, your monthly premium would still be around $210 per month. To lower your monthly payments, even more, you’ll need more discounts.

Our GEICO car insurance review has more details. Check it out and see how the car insurance company compares to other providers.

Five Ways You Can Save on Veteran Car Insurance

When you stack other discounts with your military discount, you’ll see major savings on your car insurance bill. However, you’ll need to manage your discounts. Here are five ways you can hold onto cheap auto insurance prices.

Maintain a Clean Driving Record

Your driving record is a major factor in determining car insurance cost. Keep your driving incidents to a minimum, and you’ll have access to lower-than-average car insurance rates.

Monitor Your Credit Score

According to Experian, car insurance companies see policyholders with good and excellent credit as low-risk drivers. The statistics show that people with fair and poor credit file claims more often than those with good or excellent credit.

If you maintain a good credit score, you can hold to a discount that’s about five to nine percent.

Drive Less

The more you drive, the higher your chances are for an accident. However, driving less reduces your chances of an accident. Your auto insurance company could give you a discount if you drive less.

Bundle with Other Insurance Policies

Do you own a home or rent an apartment? Renter’s insurance has become popular in recent years, and it’s one of the essentials to securing your personal property if something happens to your apartment.

You can bundle your renter’s insurance with your car insurance and save about 12 percent on your car insurance policy.

Raise Your Deductible

If you plan on getting collision, comprehensive, or personal injury protection, be prepared to have a deductible. The deductible is the amount of money you’ll need to pay before a car insurance company covers a repair or other services.

Lower deductibles are connected to more expensive car insurance rates, but higher deductibles can lower your monthly premiums.

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Other Veteran Car Insurance Benefits

Before we wrap up this guide, let’s look at some of the benefits of veteran car insurance.

  • Accident Forgiveness – If you happen to have an accident, your auto insurance company won’t increase your rates, but you may be limited to one accident.
  • Vanishing Deductible – When you don’t have an accident and no traffic violations, your car insurance company may lower your deductible by $100.
  • Rental Car Reimbursement – It’s a common perk for full coverage policyholders, which pays the policyholder back the money they spent on a rental car while a car was getting repaired.
  • Loyalty Discount – Car insurance companies give discounts to customers who renew their policies every year or every six months.
  • Roadside Assistance – It’s almost a given with any auto insurance company these days. Veterans will have access to this service 24/7.

There are more benefits in addition to these five benefits. Every company varies, but you can see other benefits yourself when you shop.

Veteran Car Insurance: The Bottom Line

You can find cheap veteran car insurance, but you’ll need to find a company with a military discount in addition to other discounts. The best companies for veterans are USAA and GEICO. USAA provides better benefits, but GEICO has a higher discount percentage.

You can compare USAA, GEICO, and other companies close to you. Enter your ZIP code in the free online quote tool to find veteran car insurance rates in your local area.