Veteran's Day: Insurance Discounts and Deals for Veterans

Car insurance companies generally don’t offer Veterans Day deals but some carriers offer a policy premium discount for veterans and active military. If you’re shopping for a new car, several car dealers may offer Veterans Day promotions that can help veterans save on their next car purchase or lease.

What Type of Car Insurance Discounts Are Available to Veterans and Military Members?

After researching the top national insurance carriers, SmartFinancial found that only Farmers and Liberty Mutual offered discounts to veterans. Allstate and State Farm offered a discount for only active military members, not veterans. Discount availability may vary by location.

Company	Discount
Farmers	✓
Allstate	Active duty only
Nationwide	X
Erie	X
Travelers	X
USAA	X*
Liberty Mutual	✓
State Farm	Active duty only

*USAA exclusively serves military families

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Aside from USAA, only Farmers and Liberty Mutual offered discounts to veterans.

How Do You Get a Military or Veterans Car Insurance Discount?

Claiming a military or veterans car insurance discount requires you to choose an insurance company that offers the discount and to show proof of past military service.

1. Choose a Company That Offers a Discount to Veterans

Farmers, Liberty Mutual and State Farm are among the few car insurance companies that offer a discount to veterans. Some companies, like Allstate and State Farm, offer a discount to only active military personnel. Alternatively, you may want to consider car insurance companies that specifically serve veterans and military families, such as USAA or Armed Forces Insurance Exchange.

SmartFinancial recommends that you shop around, even if the car insurance company does not offer a military or veterans discount. While discounts are always nice, you may still find a cheaper policy even without a veterans discount. Each company uses its own pricing methodology, which can result in a cheaper policy elsewhere for the same car insurance coverage.

2. Show Proof of Military Service

To claim a veterans discount, the insurance company will typically request proof of service. Veterans can qualify for the discount by supplying one of the following documents:

• Military ID
• Veteran organization membership card
• VA card
• Discharge papers (DD form 214)
• Leave and earning statement
• Visit a physical location while dressed in uniform

Allstate and State Farm offered a discount for only active military members, not veterans.

Which Companies Provide the Best Car Insurance for Veterans?

USAA and the Armed Forces Insurance Exchange offer the best car insurance for veterans according to SmartFinancial’s analysis.

USAA

Interestingly, USAA, our top auto insurance option for veterans, does not even offer a veterans discount. Instead, USAA offers exclusivity — to purchase a policy, you must be active military or a veteran or related to somebody affiliated with the military to purchase a policy.

We give USAA high praise for its stellar customer satisfaction. In a 2022 auto insurance study, USAA ranked the highest in overall customer satisfaction across multiple regions.

USAA also offers an extensive range of member benefits, offering additional savings on flights, hotel fares and more. Below, we’ve compiled a list of perks and savings opportunities for USAA members:

Airline	Discounted Fare	Other Benefits
Alaska Airlines	✓	15% off in-flight meals 5 free checked bags
Allegiant Airlines	X	2 free checked bags
American Airlines	✓	3 free checked bags*
Delta Airlines	X	3 free checked bags* $50-$300 off vacation bookings through Delta Vacations
Frontier Airlines	X	2 free checked bags* Free carry-on bag and personal item No oversize/overweight fees on first 2 free checked bags
Frontier Airlines	X	2 free checked bags Free carry-on bag and personal item No oversize/overweight fees on first 2 free checked bags
Hawaiian Airlines	X	2 free checked bags*
JetBlue	5% for activity duty	2 free checked bags*
United Airlines	X	2 free checked bags*

USAA members can save 5% to 25% on ground transportation services, as well.

Company	Discount
Amtrak	10%
Avis	Up to 25%
Budget	Up to 25%
Dollar	5%
Enterprise	5%
Greyhound	10%
Hertz	✓
National Car Rental	✓
Penske	10% off truck rentals for Do-It-Yourself (DITY) move

Traveling USAA members can enjoy savings on bookings with select hotels.

Hotel	Discount
Best Western Hotels & Resorts	✓
Choice Hotels	✓
Expedia	10%
CheapTickets	18%
Extended Stay America	✓
Great Wolf Lodge	Up to 30%
Hilton Hotels & Resorts	✓
Hyatt Hotels and Resorts	10%-15%
Red Roof Inn	10% for military; 20% with Veterans Advantage
Sandals Resort	10%
Wyndham Hotels	Up to 20%

As a USAA member, you can also save on restaurants, amusement park tickets, recreational activities and more:

• 10% to 20% off major national chain restaurants, like Popeyes, Chili’s, Outback Steakhouse, Pizza Hut
• Amusement parks, like Disney World, Disneyland, Dollywood, Six Flags, Universal Studios
• Movie theaters, like AMC, Cinemark, Regal Cinemas
• Sporting events
• Ski resorts

Armed Forces Insurance Exchange

Like USAA, Armed Forces Insurance Exchange (AFI) serves military personnel and their families. If you’re only seeking car insurance coverage, AFI and USAA offer the same types of auto insurance coverage, including liability, full coverage and roadside assistance. We recommend comparing quotes from each auto insurer and choosing the cheapest policy.

However, AFI seemed to lack the abundant member benefits that USAA offers. If you want access to all the discounts for flights, hotels and experiences listed above, USAA may be the better option.

Do Car Manufacturers And Dealerships Have Veterans Day Sales?

Some car companies hold Veterans Day car sales promotions, applying a discount on purchases or leases. This can be helpful, especially with new car prices at an all-time high.

To qualify for these promotions, you must be an active military member or a veteran and show proof of service. Some companies may enforce additional requirements on veterans (e.g., 12 to 24 months of separation from active or reserve duty). Ask your car dealer for more details, including how long the promotion will last.

Here’s what special Veterans Day deals and promotions are available in 2022.

Company	Veterans Day Promotion	Find Local Dealer
Acura	$750 savings towards eligible 2023 Integra, or 2022 or newer ILX, TLX, RDX or MDX vehicles (excludes Acura NSX and PMC Edition vehicles) when leasing/financing through Acura Financial Services	Find local dealer
BMW	$500-$2,000 savings toward a lease or new BMW vehicle purchase	Find local dealer
Ford	$500 savings toward the lease/purchase of select Ford vehicles	Find local dealer
General Motors	Special offer on new and unused 2022 and 2021 GM cars; SUVs; crossovers; midsize, light-duty and HD pickup trucks; and passenger and cargo vans	Find local dealer
Harley Davidson	Reduced auto loan rate, no down payment and flexible term options	Find local dealer
Honda	$500 savings toward 2022 or newer Honda vehicle when financing/leasing car through Toyota Financial Services (TFS)	Find local dealer
Hyundai	$500 savings toward purchase or lease of select Hyundai vehicles	Find local dealer
Mitsubishi	Up to a $500 savings towards select Mitsubishi vehicles	Find local dealer
Nissan	$500 and $1,000 savings toward select Nissan vehicles	Find local dealer
Subaru	$500 savings toward car purchase of select Subaru vehicles	Find local dealer
Toyota	$500 savings toward financing/leasing new Toyota car through Toyota Financial Services (TFS)	Find local dealer

Local Events

Car dealers may hold local promotions and events. In 2022, the Helpful Honda team went to local gas stations across Southern California and offered veterans and Honda drivers free gas at the pumps. Carson City Toyota in California donates to a different charity each month. In 2021, they donated to Veterans Guest House, a resource for veterans and their families that provides overnight accommodations while receiving medical treatment in the Reno/Sparks area.

In 2019, the Subaru Armed Forces Resource Group donated gloves and knit caps to Corporal Michael J. Crescenz VA Medical Center in Philadelphia, a medical facility that serves veterans and their families.

See if car dealers in your area are holding any special events or promotions for Veterans Day. If you’re buying a new car, ask if there are regional benefits you can stack on top of nationwide promotions. For example, the Nissan Military Program offers savings ranging from $500 to $1,000 on a new car purchase and may be combined with local deals.

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Some car companies hold Veterans Day car sales promotions, applying a discount on car purchases or leases.

Key Takeaways Veterans day car insurance discounts are generally unavailable but veterans may qualify for a military discount and cheaper car prices. SmartFinancial rates USAA as the best car insurance carrier for veterans for its wide selection of member benefits. Claiming a veterans car insurance discount requires you to show proof of military service, such as a military ID, VA card or veteran organization membership card. Ford, Honda and Toyota are among several car companies that offer Veterans Day promotions on new or used car purchases and leases.

SmartFinancial can help you find the perfect auto policy in just minutes. Enter your zip code below or call 855.214.2291 to receive free auto insurance quotes.