- Both military and regular auto insurance policies provide liability coverage, collision coverage, and comprehensive coverage.
- Liability coverage pays for damages to another person's property or injuries caused by you or another driver covered by your policy.
- Collision coverage pays for damages to your car if you collide with another object, such as another car or a tree.
- Comprehensive coverage pays for damages to your car caused by fire, theft, or vandalism.
Differences between Military and Regular Auto Insurance
- Military auto insurance is typically less expensive than regular auto insurance. This is because military members are considered to be a lower-risk group of drivers. They are less likely to be involved in accidents and they have a lower rate of traffic violations.
- Military auto insurance is available to active-duty members of the military, as well as their dependents. Regular auto insurance is available to anyone, regardless of their military status.
- Military auto insurance can be purchased through a variety of channels, including the Military Auto Insurance Program (MAIP), the Army and Air Force Exchange Service (AAFES), and Navy Federal Credit Union. Regular auto insurance can be purchased through insurance companies, independent agents, and online insurance comparison sites.
Overall, military auto insurance is a good option for military members and their dependents. It is less expensive than regular auto insurance and it is available through a variety of channels. However, it is important to compare quotes from multiple insurance companies before purchasing military auto insurance to ensure that you are getting the best possible rate.
