Homeowners' insurance is important protection for all homeowners, but can be especially crucial for active military personnel and veterans. It can cover you for a wide range of dangers, including earthquakes and flooding. You can get financial help in the case of an injury on your property, or a theft.
Military homeowners insurance offers unique benefits and discounts for current and former members of the military, their spouses and children. Some policies offer additional benefits, like coverage for uniforms or personal items lost or stolen during war zones.
USAA is one of the most popular insurance companies for military families and veterans. Its policies are available in every state and can be purchased online. AM Best gave it an A++ financial strength rating and offered a wide range of discounts and coverage options.
Lemonade is a newer company, but it has already made a name for itself as an affordable option for homeowners. The company uses artificial intelligence when writing its policies. This can reduce the cost of premiums. It also offers a giveback program that donates unused premiums to organizations that support military members, veterans and their families.
GEICO, which offers a maximum 15% discount on homeowners' insurance to veterans, is also a great choice. This discount is open to active duty military, National Guard members and Reserves, as well retirees. The company offers special discounts to those in danger of deployment.
Armed Forces Insurance's (AFI), another popular option, is also available to veterans and active military members. It has been offering coverage for military families and their dependents since 1887.
AFI offers a number of military-specific home insurance policies and discounts, as well as a range of auto, business, renters and pet insurance options. Its rates are competitive with other top insurance companies, and it provides a wide range of optional coverages to ensure you get the exact level of protection you need.
USAA Farmers and Liberty Mutual offer policies and discounts that are tailored to military personnel. It's important to note that the criteria used to determine eligibility may change from time to time. Be sure to ask an agent for confirmation.
USAA
USAA, unlike many homeowners' insurance companies, has a history of providing discounts to military personnel. The standard home insurance plan includes uniform and warzone coverage as well replacement cost coverage for your personal belongings.
USAA offers military members and families a variety discounts. It offers a no-claims policy to military members and officers in training.
The task of finding the right homeowners' insurance for veterans or military personnel can be daunting, but there are ways to make it work for you and your loved ones. These tips will help determine which type of policy best suits your needs and budget.