The Armed Forces Insurance (AFI) was founded more than 130 years ago — in 1887. They have an A+ rating from the Better Business Bureau, so they’re may definitely be worth considering when comparing auto insurance quotes. Through the AFI, you can also insure a number of vehicles, including RVs, motorcycles and boats, as well fire and flood insurance, valuable items policies, and pet insurance.
For all of AFI’s policies, you can receive up to 15 percent off what other insurers offer. And, all of your military-specific needs and requirements are factored into AFI policies. Aside from Veterans and Active-Duty military personnel, AFI offers coverage for other groups, including:
- Active duty, retired or honorably discharged military from all military branches,
- Active or retired Department of Defense civilian employees,
- Service Academy members, including Merchant Marines or ROTC cadets,
- Children, spouses, ex-spouses or surviving spouses,
- Active, retired or former commissioned officer of the NOAA or PHS, and
- Former AFI members who cancelled coverage and later returned.
But, you don’t have to take out an insurance policy from USAA or AFI to receive big discounts.
Next, learn other ways to receive your Veteran discounts on auto insurance.
Generally, auto insurance companies in America offer up to 15 percent discounts on annual premiums for Veterans and Servicemembers.
Sometimes, discount rates can range from 3-5%, and sometimes more.
Although not all companies offer military discounts, by checking in on insurers like Progressive, Nationwide, Liberty Mutual, GEICO, Farmers, Esurance, and State Farm you’ll often find they provide annual premium discounts to Veterans and active-duty personnel.
And some companies, like Esurance, offer special policies for active duty members, so they can save money by temporarily canceling their insurance policy if they are deployed. To do this, you will need to show proof of deployment and proof your vehicle is in long-term storage.